Apple Co-Founder Steve Wozniak Joins Blockchain Startup Equi Capital

Since the ICO fervor of 2017, software pioneer and Apple co-founder Steve Wozniak has been reluctant to join the blockchain sector.

Changing his sentiment, Wozniak revealed plans to join blockchain startup Equi Capital.

Apple 1 inventor and Bitcoin bull Steve Wozniak revealed his upcoming involvement in fintech blockchain startup Equi Capital, according to NullTX. Equi Capital aims to make investing in company equity more accessible for retail investors in an effort to replace traditional investing firms.

Equi utilizes a hybrid structure that combines VC-style funding and crowdsourcing-allowing users to invest Equi tokens in select ventures through the platform.

After raising $7 million in private token sales earlier this year, Equi launched an initial coin offering that was later canceled due to diminishing public interest and initial investors were refunded soon after.

According to Wozniak, the startup plans to open operations in Malta around November 2018.

In early July, Malta became the first nation to establish a regulatory framework for blockchain enterprise.

"We might be starting up in Malta around the time of their blockchain conference. Some countries are very positive about [blockchain] the same way they were about electric vehicles."

Although Equi might not show great promise, Wozniak seems resolute about his belief in blockchain technology.

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