- Fully compliant security token
- Right to profit sharing via dividends
- Linked to Crypto Portfolios
- Waves token standard
This website is not intended for residents of the United States (including its territories and possessions, any state of the United States and the District of Columbia). This website and the materials contained therein do not constitute or form a part of an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. US investors may participate in the US offering by going to the US website(Next phase)
15 july 2019
Funding rounds planning
We're planning a multi-stage STO, accessible for investors from multiple countries. 1st Round is Only Migration from Existing Token Holding to STO 2 more rounds are planned for later this year.
1st Round we are Not raising Any Amount - Its INHOUSE Migration
|Round one||Round two*||Round three*|
|Funding amount||NIL||€5M – €10M||To be decided|
|Open to||Existing ICO/Presale & BonaFide
|EEA & ASIA||Multiple jurisdictions|
|Start date||June 2019||OCT 2019||To be decided|
|Stake in Thorecoin||YES||NO|
|Max. participants||Limited||To be decided||To be decided|
|Min. investment||NIL||To be decided||To be decided|
|Price per THR||$213||To be decided||To be decided|
|Max shares represented||45%||25%||To be decided|
Growth prospectus is for SMEs (small and medium-sized enterprises) who are looking to raise capital via public offerings. Growth prospectus is a new term introduced in the new Prospectus Regulation (coming into force 21st of July, 2019)
SMEs will be able to draft a growth prospectus, which is a simplified prospectus for smaller companies and smaller offerings. SME is a company with a maximum market capitalisation of 200m euros (under new rules, the current rule is 100m). That’s definitely sufficient for most of the companies issuing security tokens. Additionally, the growth prospectus will be allowed to be used by companies which trade on SME growth market with a market cap up to 500m euros and with maximum 499 employees, with a public offering up to 20m euros. However, SMEs which are traded on the regulated markets cannot use the growth prospectus to raise capital. The goal is to avoid creating a double regime for prospectuses (i.e some companies on the stock exchange have to create a standard prospectus while the other can create a growth prospectus).
Under the Prospectus Regulation the disclosure requirements in this section apply only for equity securities issued by companies with market capitalisation above EUR 200 000 000. The OFR applies where the Management Report presented and prepared in accordance with Article 19 or 29 of Directive 2013/34/EU
The prospectus is a document which contains all the information about the public offering, including information about the issuer of securities (security tokens) and enables the investor to do an informed decision on whether to invest into particular offering or not. Prospectus usually contains registration document (information about the issuer), securities note (description of the issued security), and conclusion (warnings, main information, risks etc).
The investor should get all the necessary information from the prospectus, however, the requirements of the prospectus shouldn’t be overly burdensome for the issuer, which may cause the issuer to cancel the plans of doing any sort of public offering at all. The goal of the growth prospectus is just that — to optimize the requirements so they reflect the needs of the issuer and would be proportional to the offering.
The crypto economy is still in its infancy. Some may see STOs as a sign that it’s growing up but the growth likely won’t stop here. We’re saying 2019 is the Year of the STO and a year from now we may declare 2020 the year of something that hasn’t even been dreamed up yet.
The security token market will absolutely dwarf the crypto market.
Smart contracts for security tokens that offer a dividend to the holders of their respective security tokens. Thorecoin reduce the volatility that cryptocurrency traditionally effects on institutional buyers who are more risk-averse.
The investing process and all post STO activities are transparent, all necessary information is available for an investor at any time. Along with that, we are giving our best effort to eliminate all third-parties from the process. Investors own their security tokens, they are not collected by any other entity and safely stored in users’ wallets.
Security Token Offerings (STOs) Increased by 130% in Q1 2019 STOs are beginning to actualize their potential through real-world implementation.
STO can transform the flow of assets in ways that benefit both enterprises and investors. The benefits include fractional ownership, an interoperable financial realm, the removal of costly middlemen, instant settlement cycles, and never-before-seen liquidity.