Utilis Ventures Emerging Market Security Token STO (UVST)
Opening Up Emerging Markets To The World.
This STO will create an emerging markets investment fund with the proceeds from the sale of the Utilis Venture Security Token. The fund will invest in the Ugandan commodities trading and securities industries and shall pay investors back their principal plus profit at a years end from the close of the offer through a token buyback. The STO and subsequent fund will serve to prove the validity of blockchain as an investment channel into the developing sub-Saharan markets.
This STO paid Cointelligence a $100 fee for this listing.
Start Date
01 Feb, 2020
End Date
29 Feb, 2020
Utilis Ventures Emerging Market Security Token Use of Token
The token serves as an investment instrument into an emerging market fund operated by Utilis Ventures and token holders will redeem interest when Utilis Ventures buys back the token in years time similar to a private bond offering.
Organization
Utilis Ventures LTD
Platform
Ethereum
Coin type
Security Token
Category
Investment
Soft cap
1,500,000
Max cap
2,500,000
Max supply
2500000
