The Security Token Field – The Next Step After the ICO Annihilation?

share save 171 16 - The Security Token Field - The Next Step After the ICO Annihilation?

Forbes |

bridging blockchain and securities - The Security Token Field - The Next Step After the ICO Annihilation?The crypto space, though promising in a myriad of different ways still has many obstacles to overcome. Bad actors are slowly being weeded out but at an excruciating pace. Ideally, the crypto space would have so much competition, innovation and use cases that the best ideas and best innovators would naturally stand tall. Though 2018 has been a trying year for everyone in the space, 2019 is looking positive as many promising projects are rearing to go. These neophytes, though not experienced are seeking to close the gaps within the crypto space that have lingered since the beginning, namely; security, accountability and transparency and above all, practical implications for the technology.

Countries like Gibraltar, Malta, and Switzerland seeking to build legislative frameworks for these new businesses to operate and thrive in, and give them a home. However, it is a difficult balance; on the one hand to regulate, securitize and make everything compliant, whilst also not stifling budding, inherent innovation. Although everyone recognizes that DLT has huge potential, the time has now come for the space to mature, become regulated and for things be done right. Now is the time to forget the somewhat murky beginnings of Blockchain and embrace this new technology and the great potential it may hold for the future.

In this article we will be discussing three projects in the STO area, a crowdfunding platform, an AI based investment platform and finally a traditional company which is not a typical idea for blockchain.

See:  How Blockchain Can Help Marketers Build Better Relationships with Their Customers

One such project which has ambitious plans in the space is Crowd for Angels. This claims to be a regulated, crowdfunding platform that helps companies list their projects and helps them raise capital by way of equity, debt and crypto tokens. They claim to be are one of the first regulated entities in the UK and Europe to allow tokens to be sold through their platform. They recently launched a Sports Investment Security Token Offering where investors can own a share in a Premier League or Serie A club's shirt sponsorship.

The Sports Investor Coin ('SIC') is a Security Token that is expected to populate the world's first sport asset-backed portfolio. The founders run a successful sports marketing business that has brokered millions of dollars in deal value over the last 8 years. According to the founders, the capital raised from the sale of SIC Security Tokens will be used to make strategic acquisitions of sports sponsorship assets on a medium to long-term basis, using the adage of purchasing at wholesale price and selling at retail. These assets will eventually be sold initially through existing sales networks but will eventually be moved onto a digital marketplace.

"Before agreeing to list any project, we ensure the utmost transparency and due diligence to make sure that participants associated with any of the projects are genuine and act in the best interests of the investors with as little risk as possible", CMO Andrew Adcock said.

Crowd for Angels Director Tony de Nazareth said that utilizing the blockchain and tokens to digitize assets allows previously illiquid assets to become liquid and promote a market economy. Investors benefit from greater diversification, transferability, and transparency in decision making with the internet having now penetrated into the traditional financial markets, he added.

Malta is currently rolling out its blockchain and DLT legislation with several companies applying for a VFAA license in order to conduct ICO's and STO's. One of the most interesting as regards the latter is Valora, a Japanese company which aims to revolutionize the way the financial markets operate, or so, they claim.

Valora is a blockchain-based investment matchmaking platform which aims to disrupt the world of traditional investments while also bringing liquidity to the exciting ideas of tomorrow and any business visionaries who wish to make their project or blockchain-based business a reality.

See:  Blockchain’s potential will continue to spur public and private investment

Interestingly, it uses artificial intelligence (AI), data and opportunities to present investment opportunities and information to the investor - the investor uses this information to make an informed decision.  With 10 years of experience in the investment field, the Valora team are now using Artificial Intelligence to filter the quality of the offered services continuously. With the help of VALORA, investors have a wide array of ROI (return-on-investment) choices in the form of profit share, tokenized assets, bonus exit gains, and development projects. You can also make informed investments whilst choosing from a curated pool of projects. The fact that it is a public blockchain also ensures safety.

Valora's platform also assesses the risk and calculates the percentage of the project that is paid annually to the 3rd party insurer ( such as MIGA). It also enables the best investment opportunities to be more accessible than otherwise would only be reserved to VC Companies, Insiders or Banks. Users also have access to an untapped pool of global investment entities and business individuals.

Valora also claim to have unparalleled levels of liquidity which are also provided by the worldwide investment community. Not to mention the added advantage of investing in crypto-related and Blockchain projects with FIAT (fiduciary) currency. The concept was born when people wanted to invest but within the safety net of an established blockchain project like Ethereum, Cardano and EOS among others.

You wouldn't expect a company that makes the famous red boxes used by British Prime Ministers to go for a Security Token Offering but that's exactly what Wickwar are doing.

Wickwar has been making its exclusive despatch red boxes for over 200 years. This London-based business makes handmade, bespoke items for elite clients. These include Theresa May, Bill Clinton, Barack Obama, Winston Churchill, Margaret Thatcher and even the Queen of the United Kingdom, herself.

See:  Experts predict the five big fintech trends of 2019

Despatch boxes were originally used by British Members of Parliament to carry documents into the Commons Chamber. Two can now be found permanently in the Chamber on the central table and contain religious texts of the Oath for the day. Frontbenchers (ministers and shadow ministers) deliver their addresses from their side's despatch box. The despatch boxes in use today were gifts from New Zealand and designed by Sir Giles Gilbert Scott to replace the boxes destroyed during bombings in the Second World War.

Now, Wickwar is working on its security token offering (STO) where investors are offered tokens to benefit from the possibility of token appreciation or unlocking the ecosystem’s utility. They are looking to raise funds in UK of about £2 million, eventually being valued at approximately £8 million. Wickwar is fully regulated under UK prospectus regulation with tokens in Ethereum ERC 1400 and tied to shares of 1 token which would be equal to 1 share £1 each. Funds raised will be used to expand the output of the factory and the workshop as well as to expand supply into Asia, due to a recent order of 100 units, where each unit retails for £5000.

Continue to the full article --> here


NCFA Jan 2018 resize - The Security Token Field - The Next Step After the ICO Annihilation? The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

Latest news - The Security Token Field - The Next Step After the ICO Annihilation?FF Logo 400 v3 - The Security Token Field - The Next Step After the ICO Annihilation?community social impact - The Security Token Field - The Next Step After the ICO Annihilation?

ATTEND ONE OR ALL 8 WEEKLY FFCON20 SESSIONS!
GET TICKETS NOW


ffcon20 virtual conference experience r - The Security Token Field - The Next Step After the ICO Annihilation?



NCFA COVID 19 letter to government to support Fintechs and SMEs - The Security Token Field - The Next Step After the ICO Annihilation?

NCFA Newsletter subscribe600 - The Security Token Field - The Next Step After the ICO Annihilation?

PYMTS | July 10, 2020 Open banking comes in several flavors, yet its rise requires robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Zac Cohen, chief operating officer at identity verification firm Trulioo told Karen Webster in a recent interview. As financial institutions (FIs) work with FinTechs, they need to know that these tech-nimble startups are not only enabling access to customers’ account data but also in a manner that embraces KYC and AML. The end goal: to speed innovation toward new products and services while keeping fraudsters out. Regulation Vs. Market Forces The need for both innovation and security comes at a time when open banking is gaining a foothold in the United States due in part to the pandemic. It’s also growing across the pond in the European Union, albeit with some important distinctions. “In recent years, we’ve seen the heavily regulated version of open banking in the E.U.,” Cohen said. “It’s been a coordinated effort — regulatory-driven, highly standardized and thrust upon the banking community. In the U.S., it’s been an organic-but-inevitable exercise, driven primarily by innovation and consumer demand.” That’s due in part to the fact that America has a more fragmented banking and ...
Read More
digital ID aids access - The Security Token Field - The Next Step After the ICO Annihilation?
NCFA Canada | By Samuel He | July 11, 2020 Dealing with finances is time-consuming and difficult, especially when it involves contradictory goals, like paying off debt while investing for the future. Unfortunately, financial literacy is not emphasized in today’s educational curriculum. Reports show that only 16% of Millennials qualified as “financially literate,” and over 75% of Canadians stated that they were not confident that they will ever achieve their financial goals. Several companies have taken initiatives to offer assistance in this field. One company is Finally, a free online financial planning stimulator will provide guidance to users about their financial goals. Another is NuMoola, a family-focused consumer banking app that helps children develop good money habits using real money and gamified education. Finally offers a DIY Financial Planning Simulator that helps users customize a tailor-made plan to best fit their needs. The simulator uses multiple financial algorithms and machine learning to make the process straightforward and efficient, creating a plan for the user in as little as 20 minutes. A basic financial plan can be created for free, with the user having the option to subscribe for additional value-added services. Some of these services include automated money movement, access ...
Read More
FFCON20 Fintech Draft Finally vs Numoola - The Security Token Field - The Next Step After the ICO Annihilation?
Montreal in Technology | Steve La Barbera | Jul 6, 2020 Perhaps Montreal’s best known fintech, Flinks has today announced another $16 million flowing into its coffers. That includes just over $5 million in debt, and and $11 million series A round led by National Bank’s corporate venture capital arm, NAventures, which was also the source of the loan. The round also included participation from Intact Ventures, Luge Capital and Panache Ventures. “The digitization of financial services is more than just a trend. It’s a profound reshaping of the industry, driven by rapidly changing consumer needs in a global context. Flinks is uniquely positioned to help businesses accelerate their digital transformation,” said Flinks co-founder and CEO, Yves-Gabriel Leboeuf. “This investment from our strategic partners allows us to jumpstart the next phase of our mission: consolidating our position in our home market and building new innovative data products that will allow us to tackle global demand.” The funding will be used to help Flinks bring its services to new verticals, such as wealth management, and continue its geographic expansion to establish itself as a market leader in those new geos. By developing and leveraging a powerful, secure data exchange network, Flinks ...
Read More
Flinks celebration - The Security Token Field - The Next Step After the ICO Annihilation?
Financial Post | Kevin Carmichael | July 10, 2020 Adam Felesky, chief executive of Portag3 Ventures LP, the venture-capital arm of Power Corp. of Canada, was primed to put his home country on the leading edge of finance at the end of last year. “We’re on a mission to build global champions from a Canadian base,” Felesky told the TechCrunch website in early December when Portag3 announced it had raised $427 million for a new fund aimed at digital finance startups. The “majority” of that money remains unallocated, Felesky told me this week, but that could soon change. The social distancing demanded by COVID-19 has sped up the shift to a digital economy, a boon for outfits such as Toronto-based Portag3, which specializes in identifying startups that have plans to disrupt finance. The pandemic caused a terrible recession, but anyone focused on digital technology barely noticed. “We’ve been playing offence,” Felesky said during a Zoom interview organized by the National Crowdfunding & Fintech Association. “We’re excited about the environment right now. There are lots of opportunities.” Without access to data, digital upstarts have little chance of stealing market share from legacy institutions, even if they offer a better service Unfortunately ...
Read More
Adam Feleskey Portag3 ventures - The Security Token Field - The Next Step After the ICO Annihilation?
TFI | Sara Anderson | July 10, 2020 Are you interested in providing students with work opportunities that can benefit them, and your business, during Canada’s economic recovery? If you’re in HR, talent management, or responsible for recruitment within your organization, this opportunity is for you! Toronto Finance International has partnered with The Conference Board of Canada (CBoC) and Business + the Higher Education Roundtable (BHER) to improve and expand student work-integrated learning (WIL) in Canada. Our aim is to assess and support student recruitment, training, and future talent needs during our country’s economic recovery from COVID-19. Our partners are developing a user-friendly resource hub to support employers in adding or expanding student talent within their organizations, and we need your input. We’re facilitating a series of virtual consultations and invite you to join us for a candid discussion about work-integrated learning. You’ll connect with a pan-Canadian network of senior leaders focused on developing WIL opportunities and tools that will benefit businesses across the country. You’ll help shape a toolbox for Canadian businesses and gain advanced access to BHER’s online toolkit of tips, tricks and resources on using WIL to address your talent needs. There are two ways to participate: ...
Read More
Business and higher education round table - The Security Token Field - The Next Step After the ICO Annihilation?
NCFA and FFCON20 | Release | July 8, 2020 TORONTO — July 8, 2020 — The National Crowdfunding & Fintech Association (NCFA), Toronto Finance International (TFI), and partners are pleased to announce that together with their sponsor, KABN Systems North America Inc. (“KABN”), attendees of FFCON20 DIGITAL, taking place from July 9 through August 27 inclusive, will receive an exclusive Liquid Avatar FFCON 20 iconic digital pin to celebrate their attendance at the event. The FFCON20 digital pin is the first event pin offered by Liquid Avatar (www.liquidavatar.com) in support of its new app to power users to verify, manage and monetize their digital identity. Liquid Avatar, a KABN product offering, provides users with the ability to verify, manage and control their digital identity through an easy to use app or web page. Using high quality icons, users can create their digital identity and verify themselves using KABN’s bank grade validation process and biometrics, supported by Blockchain technologies. “We’re honored to be able to present our first Liquid Avatar event pin at FFCON 20 DIGITAL,” said Mr. Ben Kessler, CEO – KABN. “Liquid Avatar gives users control over the use of their digital identity and data providing them with the ...
Read More
FFCON20 Liquid Avatar pin resize - The Security Token Field - The Next Step After the ICO Annihilation?
Attend One or All 8 Weekly FFCON20 Sessions! Links:  Program | Speakers | Experience | Vote in Fintech Draft Attend Week 1:  Thursday, July 9 from 1:45PM - 4:45PM EDT Scaling Fintech Funding, Innovation and Competition Attend this Session for $25! (Expires July 7 midnight) The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org ...
Read More
FFCON20 Digital RISE image 1 - The Security Token Field - The Next Step After the ICO Annihilation?
Competition Markets Authority | Release | Jul 1, 2020 The CMA is calling on the government to introduce a new pro-competition regulatory regime to tackle Google and Facebook’s market power. The dynamic nature of digital advertising markets and the types of concerns identified by the Competition and Markets Authority (CMA) in its market study are such that existing laws are not suitable for effective regulation. It is therefore recommending a new pro-competition regulatory regime to govern the behaviour of major platforms funded by digital advertising, like Google and Facebook. This recommendation to government is the result of a year-long examination of the markets. The CMA used its statutory information gathering powers to lift the lid on how advertising revenue drives the business model of major platforms. The CMA’s concerns UK expenditure on digital advertising was around £14bn in 2019, equivalent to about £500 per household. About 80% of this is earned by just 2 companies: Google and Facebook. Google enjoys a more than 90% share of the £7.3 billion search advertising market in the UK, while Facebook has a share of over 50% of the £5.5 billion display advertising market. Google’s revenue per search has more than doubled since 2011, ...
Read More
big tech and competition - The Security Token Field - The Next Step After the ICO Annihilation?
NCFA | Team FFCON20 | July 6, 2020 We have great thought leaders and authors that will be speaking at FFCON20 (also some prizes!) Check these out and stay at the forefront of digital change in financial services: Banking in today’s day and age has evolved rapidly, especially in the recent decade. With the rise in digital and open banking, new opportunities are sprouting up and disrupting the traditional ways of banking. Prominent banks such as JPMorgan Chase (USA) and ING (Europe) are fully aware of this and have adopted radical new approaches to best adapt and survive the changing environment. Voted one of the most influential people in banking by The Financial Brand, Chris Skinner provides detailed interviews with 5 banks in Doing Digital and shares his commentary on the secrets to thrive in the new era of finance and technology. Get DOING DIGITAL book now See Chris Skinner speak at FFCON20 Week 3:  July 23 Sustainable Finance:  Purpose Driven Finance The financial services industry has been evolving at unprecedented speeds with increasing competition from both within and outside the industry, notably from entrepreneurial FinTech start-ups and non-financial technology-based companies. Some of these entrants are looking to replace the ...
Read More
FFCON speaker author books - The Security Token Field - The Next Step After the ICO Annihilation?
NCFA | Team FFCON20 | Jul 6, 2020 Buy 2 or more Tickets Save 40% (Available until July 7 @11:59pm EST) Time remaining for this deal ...
Read More
FFCON Week 1 Agenda resize - The Security Token Field - The Next Step After the ICO Annihilation?

 

share save 171 16 - The Security Token Field - The Next Step After the ICO Annihilation?