Sell e-shares in each SPV project through the crowdfunding platform. Each e-share has a nominal price, which increases as the project moves through its milestones
Investors may put their shares on the secondary market for sale at any time, setting their own price. Alternatively, investors may purchase e-shares from other investors, if buying into a project at the start was not possible
Platform operators add a markup (spread) to the price of e-shares
