Who is Uniti?
Uniti is an EV (Electric Vehicle) company based out of Sweden. They were founded in 2015, stemming from a research project at Lund University.
The project has since stemmed into a full-fledged company with a working prototype of their upcoming EV. Known as the Uniti One, this EV has managed to successfully raise over $60 million to date.
What is the problem?
With the human population exploding, so is the number of vehicles on our roads. Each of these vehicles contribute a small amount of pollution, playing a major role in Climate change.
Current vehicle designs are also becoming obsolete. With many of the world’s city centers becoming overpopulated, combustion engines are falling out of favour. Firstly, due to the pollution they contribute to the confined geographical areas, and also due to their inefficiency and noise.
While the world has long dreamt of a solution in the form of hydrogen or electric vehicles, the public is only now being presented with viable solutions.
How will Uniti solve it?
Uniti is fully aware of these problems, and over the last 3 years have been developing a vehicle that can play a role in alleviating the issues at hand.
Uniti One is the name of their flagship product. This is a small, sleek, electric vehicle. As their tagline for this product suggests, this vehicle is designed with a broad audience in mind – ‘designed in Sweden, built for the world’. This vehicle will provide the range needed for those that require it, while still retaining a small stature. This will allow the vehicle to appeal to both in-city, and out-of-city drivers.
After making a splash at the 2018 Auto Expo in India, Uniti has revealed plans for multiple vehicles in the coming years. While the Uniti One is a two seater that will launch in 2019, the will also be offering a 5 seater in 2020.
To fund their continued development of not only their 2 seater, 5 seater, and future products, Uniti is taking part in an STO. Hosted by listings platform Neufund, Uniti will distribute security tokens to interested investors.
Being a forward thinking company, it isn’t surprising that they should turn to the next-gen means of fund-raising. Investors that take part in the distribution event will benefit from the liquidity and flexibility that security tokens afford. Meanwhile Uniti will benefit from a more diverse, and deep pool of investors.
While the team at Uniti totals over 45 members, here are a few of those leading the way.
Drawing appeal to their project, Uniti has opened up orders for their Uniti One with a fully refundable deposit. Uniti is hoping that this no-risk commitment to the company will generate buzz and interest in their product. To date, this tactic is working, with the company already drumming up over $60 million in presales.
For those interested in the project, you can receive company information from Uniti. Here the company indicates that they are actively working on their whitepaper, and that it should soon be released.
Uniti is situated in Lund, Sweden, and can be reached at the information below.
EMAIL – firstname.lastname@example.org
Address – Uniti Sweden AB, Arkivgatan 3, 224 60 Lund, Sweden
Vertalo Receives TA License Approval
This month, the tokenization sector just got a bit more competitive as Vertalo announced the firm received its TA (transfer agent) license from the SEC. The important accomplishment places Vertalo in an exclusive class of SEC approved platforms currently in operation. Now the platform is ready to expand its functionality and expand its reach into the tokenization sector.
The Vertalo tokenization platform functions as an all-inclusive security token ecosystem. The platform connects issuers and investors directly to secondary trading markets. This strategy provides much-needed liquidity to the market. Uniquely, Vertalo is the only digital asset platform to offer its services to analog clients directly. Consequently, the platform could push security adoption further.
Vertalo’s streamlined design is meant to improve on the UX. The firm’s advantageous strategy tackles many of the most common barriers to adoption. For example, users don’t need any prior crypto experience to utilize the platform. Through advanced automation, users can skip over wallet setups. In fact, you don’t need any understanding of cryptocurrencies at all to use this platform successfully.
Tokenize it All
Vertalo allows anyone to take advantage of the benefits blockchain technology provides. Companies can tokenize their existing shares in real-time and without any technical know-how. Interestingly, the platform utilizes two of the most popular blockchains in the world to accomplish these tasks.
Ethereum or Tezos
Another unique feature of the Vertalo ecosystem is the fact that issuers can choose what blockchain to tokenize on. The platform utilizes both Ethereum and Tezos for these tasks. In fact, you can even convert your STO between chains with ease.
Vertalo – Experience Matters
When it comes to matters of compliance, you would be hard-pressed to find a co-founder with more experience than former SEC Attorney, Gautam Gujral. In the past, Gujral authored the SEC’s definitive paper released earlier this year. Consequently, Vertalo is fully compliant including the most recent joint statement released by the SEC and FINRA on July 8, 2019
High Standards – Vertalo
Speaking on the importance of his firm receiving its TA license, Co-Founder Dave Hendricks stated “The Transfer Agent plays a critical role in the lifecycle management of securities. While regulators continue to come to terms with the rise of digital assets, they have not lowered their standards and expect digital asset platforms and their partners to hew closely to long-established norms. ”
Full Compliance – Vertalo
Hendricks explained “Vertalo enables its clients and partners to maintain full compliance with existing securities regulations, even while using newer instruments such as security tokens. As we onboard more analog and legacy assets onto the Vertalo platform, our transfer agent capabilities will be able to address any compliance and securities handling requirements they may have.”
Vertalo’s Data Management Platform – TREATS
Another noteworthy project in the company’s pipeline has to do with the tokenization of private REITs (real estate investment trusts). Tokenized REITS provide more liquidity to the market. Additionally, these financial instruments are now usable as collateral. Comparingly, the traditional business systems employed in the REIT markets are paper-based offerings.
In order to make this monumental task a reality, Vertalo partnered with Prime Trust to build the TREATs platform. The goal of the strategic partnership is to combine Vertalo’s compliant digital asset management platform with Prime Trust’s market-leading custodial services.
In this manner, TREATs could play a major role in the market moving forward. Currently, the firm has billions of dollars of real estate under management. Importantly, the company announced that it is already working with dozens of REITs currently.
A Better Tokenization Experience
The developers behind the Vertalo platform have the experience and network to make their strategy work. You should expect to see major moves come from this camp over the coming months as the company’s strategies unfold. For now, the tokenization sector just got a new player worth watching.
Max Crowdfund STO Promises to Fuel Tokenization Revolution
This week, European investors got their first opportunity to participate in the Max Crowdfund STO. The Max Crowdfund platform seeks to revolutionize the EU real estate sector via an aggressive tokenization strategy. Interestingly, the STO will take place across five phases with the first release already surpassing its soft cap of €500,000.
Max Crowdfund is the tokenization and crowdfunding arm of Max Property Group B.V. (MPG). The platform utilizes blockchain technology to streamline real estate investments in a major way. The platform currently boasts over 75,000 global users. Additionally, Max Crowdfund provides the EU market with much-needed liquidity.
Developers seek to expand upon the platform’ s success. As such, funds raised from the STO will go towards the final development stages of the project. Once the platform is completed, it will become a complete real estate security token ecosystem. This ecosystem will include both native Android and iOS apps.
Also, third-parties will be able to tokenize and crowdfund their own properties via the platform. This means that other real estate firms can enjoy the same benefits without the need to invest directly in blockchain technology. Notably, this strategy has the potential to revolutionize development projects. Basically, any developer can now get pre-funded for their projects if investors feel the ROI is good.
A Global Audience
Max Crowdfund will remove many of the typical barriers surrounding real estate investment. For example, investors can participate in property sales for as little as $100. Aside from making real estate investing a reality for anyone, the platform seeks to provide these opportunities to a global audience.
Currently, Max Crowdfund awaits pending regulatory approval from the Dutch financial authorities (AFM). The company filed for approval back in October 2019 but the AFM has yet to make a decision. Typically, an AFM license approval takes around thirteen weeks to complete.
Max Crowdfund is already a major player in the tokenization sector. The platform is best known for its unique combination of features. Features such as automated KYC/AML reduce the amount of time it takes an investor to enter the market. Also, the platform offers multi-currency investment options. This feature is set for major expansion as the platform prepares for its global launch in the coming months.
Max Property Group B.V.
The Max Property Group B.V. entered the EU real estate sector in 2016. The company quickly gained notoriety for its advantageous market strategy. Currently, Max Property Group B.V. controls over €7,000,000 of property assets. The firm specializes in property funds, management services, and sales. Importantly, Max Property Group B.V. started development on the Max Crowdfund platform in 2017.
It’s no surprise to see Max Crowdfund’s expansion. The EU leads the globe in terms of security token regulatory framework. Many analysts see security tokens as the natural evolution of the crypto sector. A solid regulatory framework does more than just protect investors. It allows firms to invest in R&D without concern about the legal ramifications. In turn, you get more investment capital flowing into innovation.
Max Crowdfund STO
The Max Crowdfund STO is underway currently. Given the reputation and success of the platform to date, you can expect to see further investment into its capabilities as the EU tokenization sector continues to heat up.
GreyP Scores with NeuFund STO – Black One Entertainment On Deck
While never intended to be a financially large scale STO, the event was important, as it demonstrated the effectiveness and potential for digital securities to change the way smaller, private companies raise capital.
Just prior to the launch of the STO, we detailed the events which made it possible. In the following article you can learn more about the clearance given to NeuFund by the FMA, and what it means for the platform, moving forward.
Due, in large part, to their successes, NeuFund continues to see strong growth in their client base. The company indicates that their platform investor pool now totals great than 11 thousand individuals. This growth should result in a snowball effect, as issuers are attracted to the platform due to the scope of investors. More STOs will then draw in more investors – and the cycle continues.
Details of the Raise
With regards to the GreyP STO, there were various positive figures that came out of the events. The following are a few of the details surrounding participation:
- 1017 participating investors
- Hailing from 34 different countries
- €4million raised
- Represents 179% of the target cap
This early in the developmental stage of the digital securities sector, any successful STO is an important feat. With every positive and negative experience, industry participants can adapt and grow. Recognizing the importance of the GreyP STO, Zoe Adamovicz took the time to comment by stating,
“It’s an exciting day for Neufund and huge step forward for the security tokens industry at large. We have proven that private companies can effectively utilize blockchain IPOs, whilst lowering the barrier to entry for retail investors. Neufund is the future of stock exchanges.”
Speaking with Zoe
Earlier this year, we were able to complete an exclusive interview with the CEO of Neufund – Zoe Adamovicz. In this discussion, we learn more about NeuFund, themselves, as well as the views of Adamovicz herself.
“Blockchain is one of the greatest opportunities we’ve been presented with in modern history. Decentralization is ultimately about equalizing opportunities, so a young entrepreneur from the third world receives the same access as a wealthy investor. Building solutions that perpetuate the mistakes of existing markets solely for the purpose of increasing revenues is not enough. We, as a Blockchain community, can and should do better.”
Operating out of Croatia, GreyP is a tech company, which was founded in 2013. Above all, the team behind GreyP is working to redefine ‘smart mobility’. This technology has led the company to utilize e-bikes as a development platform.
CEO, Mate Rimac, currently oversees company operations.
Maintaining headquarters in Berlin, Germany, NeuFund is a popular digital securities issuance platform, which was founded in 2016.
CEO, Zoe Adamovicz, currently oversees company operations.
In Other News
NeuFund has also announced their follow-up to the successful GreyP event. This will see Black One Entertainment look to repeat this success in early 2020. While a firm date has not been announced for this STO, more information can be found in the company’s pitch deck, HERE.