Liechtenstein-based Start-up hosts the Security Token Offering (STO)

the this is It: In Liechtenstein, a Security Token Offering (STO) is currently running. STOs are considered to be "more serious" Alternative to the Initial Coin Offerings, the result of many black sheep a bad name. The STO is held by the Liechtenstein-based Start-up edeXa, the Blockchain-business services. The Soft Cap of 500,000 euros has already been exceeded.

By Christopher clover
17. January 2019BTC$3.608,14 0.63%part Facebook Twitter LinkedIn xing mail

In Liechtenstein, a sale of a Security Token (STO) is taking place at the moment. Is organized the Whole of the Liechtenstein-based Start-up edeXa. edeXa "Blockchain-as-a-Service". Specifically, edeXa aims to support companies in the conversion of their Supply Chains on the Blockchain technology.

The STO is currently in Phase 1 of the Pre-Sales. To offer a Million tokens are available at a price of 0.28 Euro. In the second Phase of the Pre-Sale of 1.5 million tokens will be offered at a price of EUR 0.32. The Token pre-sale ends on 24. January 24 at. In the following the main sale edeXa offers the investors in people for a further twelve million tokens at a rate of 0.36 euros.

a Total of be offered Token with a value of five million euros. In this way, it avoids edeXa that the Token Sale falls under the securities prospectus act of the European economic area (EEA). Here at sounds that, for legal reasons, only citizens of EEA-States in the STO. This means, among other things, Swiss investors are excluded from the STO.

No voting rights, but profit sharing

you Should keep the demand below expectations, the company will not be burned and sold tokens "". So far it looks good. The Soft Cap of 500,000 euros has already been achieved. The minimum investment is 200 euros. Deposits can be paid in Euro, Bitcoin, or Ether. The purchased tokens are stored on a edeXa provided ERC20-compatible Wallet. EdeXa sold this as a plus point. As it says in the FAQ under "Why you create your own Wallet?":

"The crypto movement is still relatively young and little Mature. Most of the Wallets are not particularly user-friendly. Anyone who has ever forgotten the password, gets access to his Token, and is a total loss. We want to avoid. Therefore, we create and manage the Wallet. On request, the Token can be converted to the ICO in a private Wallet.“

crypto-hard-liners is the fact, to see his Token foreign managed, is certainly a thorn in the eye. However, the STO should appeal to finally, the Otto-Normal-investors. Especially since the secondary market for a Security Token (ie: STO-stock exchanges) and the Emergence of terms.

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investors come to be aware that it is voting in the Token to a type of rights share in accordance with Liechtenstein law. The voting rights are 100 percent in the case of the parent company the io market. The Token offers a profit participation. This is according to a press release for both dividends payments and share price increases, as well as for the case of a successful sale of the company.