Press releases
SMART VALOR opens the final round of presale for its cryptocurrency VALOR
Bitcoinist | Nov 01, 2018 | 13:30
Today SMART VALOR, a Swiss financial technology company, has announced that it is opening the final round of presale for its cryptocurrency VALOR following the launch of the Early Access program to the SMART VALOR platform, the world’s first marketplace for tokenized alternative investments.
During the period of 1st-26th of November SMART VALOR opens the final presale round of its own cryptocurrency, the VALOR. Since its inception in April 2017, the company has sold 7 million VALOR token to supporters and collected CHF 5.3M funding so far. It is supported by a collection of acknowledged Swiss and international investors and advisors such as Stephane Pictet, John Henry Clippinger, Markus Rinderer and David Johnson as well as eight Venture Capital funds from US, Europe and Asia.
SMART VALOR was co-founded by prominent Swiss-based entrepreneur Olga Feldmeier, who previously pioneered the first Bitcoin license in Switzerland for Xapo, a leading Bitcoin custodian. Today SMART VALOR is headquartered in Kanton Zug with subsidiaries in Vaduz (Liechtenstein) and Munich (Germany). It became one of the five companies selected by Thomson Reuters for its Incubator Program in the summer 2017. Forbes named SMART VALOR “Europe’s top 10 most exciting SME” in 2018.
The SMART VALOR platform is the world’s first marketplace for tokenized alternative investments. Its mission is to give investors from around the world easy, secure and compliant access to the world of alternative investments and digital assets. Beyond cryptocurrencies, for alternative investments such as venture capital, private equity, real estate the tokenization of assets is a true gamechanger. It creates better liquidity and accessibility through issuance and transfer on the blockchain. It has a potential to democratize access to wealth and investments in this exclusive 7 trillion USD heavy segment. The first assets to be tokenized on SMART VALOR will be venture capital funds, real estate, young tech companies and fiat currencies.
SMART VALOR is set to be the first fully regulated platform for security tokens operating out of Switzerland and Liechtenstein. All of the three major regulatory milestones has been achieved so far: 1) In Switzerland the company has received the status of Financial Intermediary; 2) in Liechtenstein it has received the confirmation to operate foreign currency exchange; 3) it has submitted an application for receival of a banking license in Liechtenstein. The latter, once granted, will give the company access to the 26 European countries for distribution of security tokens and deposit taking activity.
The launch of the platform with cryptocurrencies, utility and payment tokens is scheduled for the end of 2018. On 28th of October the company officially launched its Early Access program for up to 5.000 users.
The presale round opening on the 1st of November is the final presale round of the VALOR cryptocurrency, which will be followed by a public ICO. The presale is targeted at users of the SMARTVALOR platform who will receive the exclusive rights to use the platform to tokenize their real world assets such as private company shares, funds, real estate. The second group are investors that will be using the platform to build out their portfolio of alternative investments and cryptocurrencies.
The main goal of the introduction of the platform’s native currency, the VALOR token, is the creation of optimal incentives for participants to contribute to the growth of the platform. A circular token economy is created through the built-in mechanism in which participants can earn VALOR tokens for their contributions, but also spend them when using services or stake them in order to obtain exclusive access to platforms capabilities. With this goal in mind, the VALOR purpose is to achieve deeper engagement of a wider community of investors, partners and contributors, who in turn will be the key beneficiaries of the growth of the platform.
The registration links opens TODAY! Be the first to join the revolution of digital assets!
For further details – read the whitepaper https://smartvalor.com/register-whitepaper/
The registration for a presale can only be accessed after signing up for the SMART VALOR platform www.smartvalor.com.
Disclaimer: SMART VALOR reserves the right to change the distribution schedule and/or impose additional restrictions on transfer and resale if required by legal regulation. You should also review our most recent FAQs, Whitepaper and Subscription Agreement for a more complete discussion of these and other risk factors, particularly under in the Annex “Risk Factors.” in the presale agreements.
You can find articles about the SMART VALOR opportunity here:
https://icocrunch.io/ico/smart-valor/
