Institute of Construction Materials | ICONSMAT

Episode #7: Ethereum ecosystem and corporate social responsibility


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So today we want to talk about raising capital, Initial Public Offering, and corporate social responsibility. While there are construction small businesses seeking to grow and expand their operation, many struggle to do so mainly because the current financial structure is highly regulated. In today's capitalist world, especially after the COVID hit, the economic disparities are exacerbated in a way that more than 90% of the total wealth on the planet is held by less than 3% of the population according to the Credit Suisse Global Wealth Report. It has two meanings for us: that either the majority of the population on earth doesn't have an understanding of what wealth even means which if true indicates that the financial dictionary is written for the minority. Or, the economic disparity can also mean that the system is actually dishonest. But today, we want to only focus on the move from private to public by the small construction entity. Conventionally it has been done by the so-called Initial Public Offering where the business entity introduces shares and asks investors to buy the companies share. The valuation process is pretty complicated and requires a rigorous assessment process. 

Ethereum ecosystem as the modern alternative addresses the problems with the conventional financial structure. 


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Institute of Construction Materials | ICONSMATBy Farid Sartipi