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Elio Motors – Alter the Course

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Who is Elio Motors?

Elio Motors is a vehicle manufacturer based out of the United States.  They are a company that is looking to reinfuse the North American auto industry with levels of ingenuity not seen in ages.

The company has garnered the attention of auto enthusiasts over the past few years by teasing their long anticipate flagship product.  With company successes resulting in Elio Motors raising significant funding to date, the company is now looking to host an STO, and raise the last needed funds to push their product into production.

What is the problem?

The average worker in North America lives a hectic lifestyle.  This means working long hours, and unfortunately, extended periods of time in vehicles going to and from work.  In the past decade, commuter travel times have risen to historically long durations.  These long commutes lead to significant amounts of extra fuel being spent by each commuter.

These long commuter times are awful not only for those individuals forced to endure them, but for the environment as well.  We have seen governments enact things like HOV (High Occupancy Vehicle) lanes in an attempt at reducing traffic congestion, and pollution.  These however are not enough to mitigate the issues at hand.

A large source of the problem is the types of vehicle that manufacturers currently offer.  There is a complete lack of affordable products aimed towards the average commuter.  Whether a commuter chooses to use a small car, motorcycle, etc., they are continually forced to make sacrifices.  These sacrifices come in the form of safety, purchase price, fuel efficiency, and more.  The people of North America need a vehicle that is safe, affordable, efficient, and adaptable, all at the same time.

How will they solve it?

Elio Motors has recognized these problems noted, and in 2012 they set out to remedy the problem.  Since that time, the company has produced a polished prototype vehicle that is ready for production.  Dubbed as ‘The Ultimate Commuter Vehicle’, Elio motors has titled this flagship product the ‘E1C’.

Elio Motors embraces what it feels is missing in today’s commuter cars, and hits the mark for each with their offering.

  • Fuel Efficiency
    • E1C will have 49mpg City / 84mpg Hwy
  • Safety
    • Fully equipped with today’s standard equipment such as airbags, ABS, crush-zones, etc.
  • Made in the United States
    • As this is a vehicle targeted towards a U.S market, the company has ensure 90% of the vehicle is sourced from the U.S. The production of this vehicle is expected to result in over 1500 U.S jobs.
  • Affordability
    • The average consumer cannot afford to purchase an expensive vehicle just for commuting. This is why the E1C comes in at a mere $7,450, making it accessible to a broad market.

While the company has raised money in the past, they are looking to do so once again.  This time Elio Motors will be hosting an upcoming STO.  The sale will be overseen by JonesTrading.  After a mandatory lock-up period, the company has stated that trading on secondary markets will be available on the tZero platform.  This isn’t surprising as the company has received investments and the full endorsement of tZero founder, Patrick Byrne.

During this sale, accredited investors located within the United States will be able to purchase security tokens known as the ElioCoin.  These tokens represented a direct share within the company itself.  Full details on the inner workings of the tokens has not yet been released.  This information will be made available to those interested upon closing of their current private-sale.

Team?

Below are a few of those in charge at Elio Motors.  These individuals are hoping see the E1C leave the production line by 2019.

Paul Elio – CEO

Tim Andrews – VP of Marketing

Michael Bolas – Director of Engineering

Spencer Lott – Corporate Controller

Whats next?

With interest and need at an all-time high for a product such as the E1C, the next crucial step for the company is the final execution.  Elio Motors has had multiple rounds of funding completed in the past, getting them to the point that they are today.  Upon completion of their upcoming STO, the company should be in the position to allow them to finally fulfill their more than 65,000 pre-orders for product.

As with any security token, the ElioCoin stands to benefit from the perks of blockchain.  This means that potential investors will gain unprecedented liquidity and transparency of their holdings.  With these benefits, the company should be able to meet their goal of raising $25,000,000 via an STO with relative ease.

To learn details about the project, please view our Elio Motors Token Listing page.

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Joshua Stoner is a multi-faceted working professional. He has a great interest in the revolutionary 'blockchain' technology. In addition to this, he is a licenced Paramedic in Nova Scotia, Canada. As such, he can provide emergency care/medicine to any situation necessitating it.

Security Token Listings

Blue Hill Mining – Bringing Transparency Through Blockchain

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Blue Hill Mining - Bringing Transparency Through Blockchain

What is Blue Hill Mining?

Blue Hill Mining is a Swiss company, looking to disrupt the mining industry through the use of blockchain and tokenized securities.

The company derives its name from the unique geological features of the region which will be mined. With the area showing rich copper reserves close to the surface, the resulting colouring of the area is tinged blue – a natural result of high copper content.

What is the Problem?

Mining is an expensive endeavour. While the company has spent the last 8 years developing their plan of attack, only 10% of the land has been surveyed. This 10%, however, has demonstrated enough potential to put boots on the ground, and begin operations.

With increased scrutiny being put on the mining industry, regarding how raw materials are sourced, new technologies are needed to ensure full transparency of operations.

Blue Hill Mining needs to find a way to, not only raise capital, but to bring efficiency and transparency into their project.

How Will Blue Hill Mining Solve It?

To facilitate the continued exploration and mining of Blue Hill, the company will be hosting a security token offering.

This offering will see the creation, sale, and issuance of security tokens known as BHM. These tokens cumulatively represent 30% ownership of, both, the Blue Hill Platform and Blue Hill Mining.

It is expected that beyond trading these tokens through exchanges, investors will benefit through an eventual buy-back program. This is expected to take place after 2022, when the underlying value of each token is greater than $30 USD. It is intended that buy back will take place through a stock market listing.

Beyond raising capital through an STO, Blue Hill Mining is actively developing a blockchain based platform. This platform is intended to serve as a means for efficient, transparent activity and communication between the various parties involved throughout the mining process. By providing this, the transparency afforded will assure that all materials involved are fairly, and ethically, sourced.

Team?

The project is being spearheaded by a trio of accomplished professionals. The following group boasts a cumulative 90 years of relevant experience to the project.

CEO – Dr. Kurt Becker

With over 2 decades experience in both financial and capital markets, Dr. Kurt Becker is a perfect candidate to ensure the success of Blue Hill Mining

CFO – Eng. Franz-Josef Leps

Boasting over 4 decades of experience in the mining industry, Franz-Josef Leps is a key addition to this next-gen mining project.

COO – Eng. Olav Haseler

With over 3 decades of experience building machinery for the mining industry, Olav Haseler is uniquely qualified to act as COO.

What’s Next?

Looking forward, beyond the scheduled STO, the company has a busy roadmap. The team has indicated that, not only do they expect their tokens to be traded on various exchanges, but that their ground operations will see expansion. This will occur through the addition of another drilling program.

 

For more information on the project, and to learn the finer details, visit our token listing page HERE.

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Security Token Listings

DigiShares and AmaZix Clientele to Benefit from Alliance

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DigiShares and AmaZix Clientele to Benefit from Alliance

Sealing the Deal

In an effort to offer potential clients a more comprehensive suite of services, two companies have joined forces. These are AmaZix and DigiShares.

By creating an alliance, clients making use of the DigiShares issuance platform, tailored towards digital securities, can now gain access to advisory services provided by AmaZix.

DigiShares has noted that their focus is towards clientele situated in Asia, Russia, and Europe, while AmaZix is a global company. Each are working towards the development of the promising digital securities sector.

Commentary

Upon making their announcement, representatives from each, AmaZix and DigiShares, took the time to comment. The following is what each had to say on the matter.

Claus Skaaning, CEO of DigiShares, stated,

“The next generation of digital infrastructure may not be the dominant one today, but within the next decade, we believe that the global infrastructure for banking, tech and capital markets will have rebuilt themselves on the blockchain. Banks and stock exchanges the world over are actively seeking ways to reduce the delays, costs, and obscurity in transferring ownership of securities. Our strategy towards the future of the tokenized securities industry is, therefore, quite simple: faster, more transparent and less error-prone.”

Jonas Karlberg, CEO of AmaZix, stated,

“The potential benefits of digital securities are obvious. Decentralizing trust and easing up on the reliance on middlemen, that’s another very appealing aspect. And now, with the industry’s attention firmly on the tokenization of securities as a viable, compliant solution for crowdfunding and issuance in this space, industry expertise must deliberately collaborate, share knowledge and clarify common principles.”

AmaZix

AmaZix is a Chinese company, operating out of Hong Kong since their launch in 2017. Above all, AmaZix has made it a speciality of theirs in offering advisory services surrounding the world of blockchain. This has allowed for them to establish various partnerships in recent months, as increased attention is put on digital securities.

Company operations are overseen by CEO, Jonas Karlberg.

DigiShares

DigiShares is a European company, which was founded in 2018. Above all, they are working to provide clients with a comprehensive platform for use throughout security token offerings. This includes, not only investor accreditation services, but payment gateways as well.

Company operations are overseen by CEO, Claus Skaaning.

In Other News

While this may be the first time that DigiShares has graced our newsfeed, AmaZix is no stranger. Check out the following articles to learn more about what this company has been up to in recent months.

AmaZix turns to KABN for Identification Services

With an Eye on Digital Securities, AmaZix and Chainstarter have Partnered

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Security Token Listings

VMC – Connecting the Dots of Urban Mobility

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VMC - Connecting the Dots of Urban Mobility

Who is VMC?

VMC is a Dutch company, looking to disrupt the mobility sector through the use of blockchain technologies.

VMC envisions a future where payment processes and usage of varying types of transportation becomes a seamless process.

The company was founded in 2017, and has since successfully developed and implemented their working platform. VMC was able to make waves in 2018 through partnerships which saw the launch of the world’s first blockchain powered bus, and blockchain enabled electric scooters.

VMC intends to utilize a two-token ecosystem, in which they distribute a utility token alongside a security token.

What is the problem?

The mobility sector is inefficient and costly. Many of the commonly used transportation services are operationally segregated. Each will use different payment providers, which more often than not are unable to provide data-sets for usage towards service improvements.

A platform/service is needed that can unify the payment process between a variety of services. A commuter needs to be able to rent a bicycle to ride to a bus station, to drive to a subway, to take them across town – all through the use of a singular, cheap, and efficient platform. Furthermore, this platform needs to provide data-sets to the companies supporting it.

How will VMC Solve it?

In their continued bid to disrupt the sector, VMC has recently announced their intent to host a security token offering. The goal of this event is to raise up to a hard cap of €5 million. This funding is earmarked primarily for use towards the continued research and development required for growth of the company.

These security tokens are digital securities. This means that token holders are entitled to revenue shares garnered from platform usage. It is important to note that these tokens differ from their utility token.

The company’s utility tokens, VAI, function as a stable coin. These are used within the platform to facilitate the payment of services, negating the need for a payment processor. As this token is exclusively used to access services through the platform, VMC is able to gather detailed analytics. This data is valuable to service providers, as they are able to gain a better understanding of their customers, and structure accordingly around them.

The platform itself has been designed to appeal to anyone. It allows for travellers to not only plan their travel, but book and pay for it as well. Throughout this process, privacy is maintained, along with convenience through mobile ticketing.

Commentary

We reached out to the team at VMC to get a better understanding of the event. Jochem Verheul, CEO of VMC had the following to say.

Q: Why has VMC chosen to host an STO rather than traditional means of fundraising?

A: “With a stable token for the transactions/travel and a security token for the investment, we can capture the network effect in the security token, without harming the stability of the travel token. Distributing a share of revenue fits the principles of the blockchain industry.”

When asked about potential expansion, Jochem Verheul indicated that, “We have already opened an office in Singapore!”

Team?

The team at VMC is comprised of various accomplished individuals. Below are those that are leading the charge.

Jochem Verheul               – CEO & Founder

Ruurd Somberg               – CFO & Cofounder

Dick Roeffen                    – COO

Whats Next?

Beyond the security token offering, VMC has a busy schedule ahead of them. In a few short weeks Jochem Verheul is scheduled to be a speaker at SGINNOVATE – a conference focusing on ‘blockchain technology implementations in mobility. Verhaul promises an announcement at that time, adding, “We are doing some cool stuff here.”

For a more detailed look at VMC, check out our token listing page. There, you will find STO details, and links to information packets such as a whitepaper.

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