This article is written by Oded Van Kloeten.
In 2019 the summer we’re experiencing is a totally different one than we had last year in the crypto industry, isn’t it? While a year ago the market was stagnating and projects were dying, today we’re living through a real heatwave, in terms of the weather and rising crypto prices.
Bitcoin grew by more than $3,000 during the last 7 days and is up for more than 200% for the year. The controversy-ridden ICO market is left behind and is being replaced by Initial Exchange Offerings which in time should transform itself into security token offerings.
One such project we would like to introduce to ExMarkets community this time — Stellerro. Stellerro is a novel platform for investment into digital assets with an automatic interface that enables users to buy, sell, exchange, transfer and manage assets in an obstacle-free manner.
Stellerro is going to set up an infrastructure to facilitate and conduct transparent digital security offerings through company tokenization. The team has vouched to follow appropriate regulation and operate according to the criteria of Spanish CNMV (Comisión Nacional del Mercado de Valores) and the Spanish Securities Market Law in order to provide assurances to investors that underwriting processes are performed adequately.
Stellerro Initial Exchange Offering on ExMarkets will launch on the 8th of July and will last until the 16th of August. ExMarkets users will be able to purchase STRO tokens with Ethereum, Bitcoin, Euros and Beam tokens. Token allocation for the IEO is 2,000,000 STRO and the price will start at 0.73 EURO and will steadily increase during the duration of the token sale.
“Digital security offerings, based on Blockchain technology forge a fully holistic value proposition which can’t be found anymore in traditional financial markets. Tokenization and it’s relatively low entry barriers will drive value creation and attract retail investors in the masses. We believe this will penetrate all tiers, from SMBs to funds and VCs, leading eventually to the tokenization of the institutional titans. Change is definitely coming”, — said Aviad Gindi, CEO — Stellerro™
Meanwhile, we’re waiting for the launch, there’s no harm in visiting ExMarkets cryptocurrency exchange, checking out the IEO launchpad to soak in the look and feel of the trading terminal. Also, do not forget to register an account — it takes only a few minutes.
Stellerro platform dissected
Stellerro is a financially and legally-compliant enterprise which allows uprising start-ups and developed enterprises to tokenize equity and offer it to the investor community. The tokenization of assets will be automated and governed through the utilization of smart contracts to ensure a fair and transparent underwriting process that can be audited at any point in time.
The core solution of Stellerro will be constructed around the use of the blockchain technology coupled with the team’s experience working in traditional capital markets. The project looks to mend the fence that is currently separating conventional financial instruments and cryptography-powered digital assets.
The advancement of computer technology is evolving at a staggering rate and is penetrating all parts of human social life. Economy disrupting the wave of decentralization brings about novel solutions to fundraising and economic inclusions to all areas of the world not dependent on geographic location or political rule.
Stellero’s research team estimates that at least 15% of all capital investment will have digital security backing by the end of 2022 — that represents a market worth trillions of dollars. Differently, than ICO-issued utility tokens, STOs will give investors true ownership rights or debt instruments that will represent real-world value rather than purely speculative coins.
The native technology of Stellerro has the potential to bring a lot of value for many industries including but not limited to real estate, healthcare, sustainable energy, finance and more. A lot of benefits are brought through a high degree of automation which allows to bypass bureaucratic processes and remove intermediaries, in turn, providing cost efficiencies.
Stellerro development plans
The Stellerro project will be fully compliant with the existing regulation in multiple jurisdictions. This goal will be achieved by the implementation of smart contracts which will be coded to service the needs of every individual security token issuance, based on each country’s restrictions. The platform will also have an intuitive easy-to-use dashboard to manage all ICO/STO and other digital asset investments in a seamless, secured, user experience.
By the second half of 2020, Stellerro plans to launch 25+ STOs of premium customers from top-tier small and medium enterprises. Business goals are oriented and built towards aggressive expansion models to the most active financial centers around the world.
Stellerro is a Spanish-Isreali platform with prospects to penetrate the global tokenization market. Their IEO is a premium opportunity to become a part of the world’s financial evolution and reap the fruits it will bear.
- Ticker: STRO;
- Price: 0.73–0.86 Euro (Depending on the IEO phase);
- Bonus: Yes, up to 15%;
- KYC: Yes;
- Restricted countries: USA (accredited investors only);
- IEO token supply: 2,000,000
- Payment currencies: BTC, ETH, EUR, Beam
- Token Standard: ERC1400 (Ethereum)
- Softcap/Hardcap: 500,000/2,000,000 EUR
“Stellerro is tapping into the emerging market that everyone keeps talking about — Security Token Offerings. It looks like a natural evolution for speculative utility tokens to be replaced by digital coins that represent real company ownership rights. There’s no question that STOs are the next step for blockchain and crypto. The only question is when will it happen.” — commented Christof Waton, Chief Business Development Officer at CoinStruction and ExMarkets.
Stellerro team is preparing for their IEO and invites all interested parties to visit the official website, have a look at official documents, the memorandum, lightpaper and interact directly with the team on Telegramwhile we’re waiting for the IEO to start.
ExMarkets IEO LaunchPad will host the IEO sale. Take your chance to sign up now and get ready for the action!