the tokenize continue. Smart lands sold shares in a British student residence. The Crowdfunding platform holds a Security Token Offering (STO). The technical Foundation of this is the Stellar network.
By Christopher clover
21. May 2019BTC$7.896,00 1.70%part Facebook Twitter LinkedIn xing mail
The Crowdfunding platform smart land your first Security Token Offering launched on a Stellar Basis. Specifically, it is a question of shares in a newly built student residence in Nottingham, England. This is from a press release, the smart lands on 20. May published.
the smart country, we think of the traditional financing models, by building a global Ecosystem, the democratized access to alternative investments and opportunities for projects with higher yields, opens,
to be the smart country, VP of Technology, Ilya Obraztsov, in the message quote.
The students complex in Nottingham, the first symbolized property in the UK is, and will be supplemented by new offers of block chain-based securities supported by assets in real estate and other markets.
smart country would like to collect the Security Token Offering one Million British pounds Sterling (approximately 1.14 million Euro). The Crowdfunding platform expects an annual return of 15,72 percent.
from the consequences of the forthcoming Brexit smart country is not afraid.
It is expected that the impact of the volatility of the Brexits because [of Nottingham] strong academic performance and its global Status is hold, which means that it will likely continue to attract students from the UK and abroad,
it is stated on the Website of the company.
For the processing of the STO smart lands on the Stellar platform. It is according to the company, to have the first offer of a tokenized property on Stellar base. The minimum investment is 500 British pounds.
Tokenization continues to progress
The STO takes place against the Background of increasing tokenization of value systems. After the Initial Coin Offerings (ICOs) due to a lack of regulation have opened hand numerous fraudsters the door to saddle up, more and more companies to Finance a vehicle Security Token Offering. As such requires the blessing of the financial regulators in Germany by the BaFin, shall be deemed to be more legitimate Alternative to the branded ICOs. The regulatory blessing, however, has its price. Who wants to allow small investors to its STO participate, do not pass, namely in the preparation of a securities prospectus. This is not just convenient – and for the most Start-ups, therefore, not an Option.
if You want to learn more about Security tokens and STOs? You now to our free STO Guide .
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