Topic: 🔥[ANN]🔥 BUCKET - GOODBYE COINS. HELLO CHANGE ! - page 18. (Read 4094 times)

Hi, this is Ian from Bucket!

We have a KYC and SAFT and are happy to send those to anyone interested. Check out our token.buckettechnologies.com for more information. And we hope to hit our soft cap if not exceed. Below is some info on accredited investors and what that looks like. Let me know if you have any questions.

The offering is open to “accredited investors” which include the following:

Any bank, as defined in Section 3(a)(2) of the Securities Act, or any savings and loan association or other institution defined in Section 3(a)(5)(A) of the Securities Act; any broker-dealer registered pursuant to Section 15 of the Exchange Act; any insurance company, as defined in Section 2(13) of the Securities Act; any investment company registered under the Investment Company Act of 1940 or a business development company, as defined in Section 2(a)(48) of that Act; any Small Business Investment Company licensed by the United States Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958; any plan established and maintained by a state, its political subdivisions or any agency or instrumentality of a state or its political subdivisions for the benefit of its employees, if such plan has total assets in excess of $5,000,000;

 Any private business development company as defined in Section 202(a)(22) of the Investment Advisors Act of 1940;
Any organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, any corporation, Massachusetts or similar business trust, or company, not formed for the specific purpose of acquiring the Common Stock, with total assets in excess of $5,000,000; Any director or executive officer of the Company;

Any natural person whose individual net worth, or joint net worth with that person’s spouse, exclusive of the value of the person’s primary residence net of any mortgage debt and other liens, at the time of his or her purchase exceeds $1,000,000;

Any natural person who had an individual income in excess of $200,000, or joint income with that person’s spouse in excess of $300,000, in each of the two most recent years and who reasonably expects to reach the same income level in the current year;

 Any trust with total assets in excess of $5,000,000, not formed for the specific purpose of acquiring the Common Stock, whose purchase is directed by a sophisticated person as described in Rule 506(b)(2)(ii) of Regulation D; or

Any entity all of whose equity owners are accredited investors.

So we can have POS system only with Bucket wallet right? This sound is make i feeling convenient for our community when want hold crypto currency. Bucket look like shares?

Hi, this is Ian from Bucket. Yes, that is correct. Those who are unaccredited have to wait for the exchanges. I wanted to supply some information on what we mean by accredited investors. The offering is open to “accredited investors” which include the following:

Any bank, as defined in Section 3(a)(2) of the Securities Act, or any savings and loan association or other institution defined in Section 3(a)(5)(A) of the Securities Act; any broker-dealer registered pursuant to Section 15 of the Exchange Act; any insurance company, as defined in Section 2(13) of the Securities Act; any investment company registered under the Investment Company Act of 1940 or a business development company, as defined in Section 2(a)(48) of that Act; any Small Business Investment Company licensed by the United States Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958; any plan established and maintained by a state, its political subdivisions or any agency or instrumentality of a state or its political subdivisions for the benefit of its employees, if such plan has total assets in excess of $5,000,000;

 Any private business development company as defined in Section 202(a)(22) of the Investment Advisors Act of 1940;
Any organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, any corporation, Massachusetts or similar business trust, or company, not formed for the specific purpose of acquiring the Common Stock, with total assets in excess of $5,000,000; Any director or executive officer of the Company;

Any natural person whose individual net worth, or joint net worth with that person’s spouse, exclusive of the value of the person’s primary residence net of any mortgage debt and other liens, at the time of his or her purchase exceeds $1,000,000;

Any natural person who had an individual income in excess of $200,000, or joint income with that person’s spouse in excess of $300,000, in each of the two most recent years and who reasonably expects to reach the same income level in the current year;

 Any trust with total assets in excess of $5,000,000, not formed for the specific purpose of acquiring the Common Stock, whose purchase is directed by a sophisticated person as described in Rule 506(b)(2)(ii) of Regulation D; or

Any entity all of whose equity owners are accredited investors.

Hi, this is Ian from Bucket. Thanks for your question about accredited investors. Below is the information on that. We believe our soft cap is reasonable and we hope to hit it if not exceed. Let me know if you have any other questions!

The offering is open to “accredited investors” which include the following:

Any bank, as defined in Section 3(a)(2) of the Securities Act, or any savings and loan association or other institution defined in Section 3(a)(5)(A) of the Securities Act; any broker-dealer registered pursuant to Section 15 of the Exchange Act; any insurance company, as defined in Section 2(13) of the Securities Act; any investment company registered under the Investment Company Act of 1940 or a business development company, as defined in Section 2(a)(48) of that Act; any Small Business Investment Company licensed by the United States Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958; any plan established and maintained by a state, its political subdivisions or any agency or instrumentality of a state or its political subdivisions for the benefit of its employees, if such plan has total assets in excess of $5,000,000;

 Any private business development company as defined in Section 202(a)(22) of the Investment Advisors Act of 1940;
Any organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, any corporation, Massachusetts or similar business trust, or company, not formed for the specific purpose of acquiring the Common Stock, with total assets in excess of $5,000,000; Any director or executive officer of the Company;

Any natural person whose individual net worth, or joint net worth with that person’s spouse, exclusive of the value of the person’s primary residence net of any mortgage debt and other liens, at the time of his or her purchase exceeds $1,000,000;

Any natural person who had an individual income in excess of $200,000, or joint income with that person’s spouse in excess of $300,000, in each of the two most recent years and who reasonably expects to reach the same income level in the current year;

 Any trust with total assets in excess of $5,000,000, not formed for the specific purpose of acquiring the Common Stock, whose purchase is directed by a sophisticated person as described in Rule 506(b)(2)(ii) of Regulation D; or

Any entity all of whose equity owners are accredited investors.

Hi, this is Ian from Bucket. We do not have our own POS but we integrate into existing POS system. Our goal is to be a button on existing POS systems and our path is towards the full integration of our API into those existing systems.

What kind of documentation will be required in order to get approved as accredited investor ? For example lot of people have lot of investing experience specially in this space of tokenized new type of investment but are self-accredited. Would they qualify and also don't you think soft cap of $ 33 millions is way too high ?

Hi, this is Ian from Bucket. Would love to get your insights on what information is missing and how you would like us to supply more? We want to make sure this community is informed!

Hello! This is Ian from Bucket. Our soft cap is 33m and our hard cap is 50 m. We are offering three rounds. For our Security Token Offering (STO) which of course is powered and empowered by blockchain technology, we are offering a Bucket token in three private sales, the first one is live now.  Our first tranche of raise is for $1MM and we are quickly closing this round.  Each private sale offers a decreasing discount on the token.  We chose to fundraise through an STO because we are dedicated to a transparent, real-time, democratic and most importantly SEC regulated process.  We are open to US accredited investors, which is 3rd party verified, for our Reg-D offering and we also have a Reg-S offering for foreign investors.  You can learn more about our STO at: www.token.buckettechnologies.com

I didn't read the whole thread but opening page gave me enough information to be direct to the point. It seems that fund raising has not started yet as token distribution is planned for October or at the successful reaching of funding. Non accredited investors are not allowed so we have to wait to become part of this project once it is available on exchanges. Since it is security token will not be problem to take it on big exchanges ?

it's a big way to get some serious amount of features to this project. & this will lead to a great project.Investors will join here to be part of a unique project  

Hello! This is Ian from Bucket. Our soft cap is 33m and our hard cap is 50 m. We are offering three rounds. For our Security Token Offering (STO) which of course is powered and empowered by blockchain technology, we are offering a Bucket token in three private sales, the first one is live now.  Our first tranche of raise is for $1MM and we are quickly closing this round.  Each private sale offers a decreasing discount on the token.  We chose to fundraise through an STO because we are dedicated to a transparent, real-time, democratic and most importantly SEC regulated process.  We are open to US accredited investors, which is 3rd party verified, for our Reg-D offering and we also have a Reg-S offering for foreign investors.  You can learn more about our STO at: www.token.buckettechnologies.com

Yes and our company is located in the greater L.A. area with offices in North West Arkansas and team members in Washington DC, Singapore and Hong Kong. This is Ian from Bucket. Let me know if there are any other questions!

Hi, this is Jenny from Bucket. We currently integrate our API into existing POS systems. The goal is to onboard as many POS systems as possible and become a universal button at the point of sale. We are not creating a new POS for our product but are building relationships with systems to be an integrated part of their POS. Does this help? Let me know if there are any other questions!

Hi everyone. Ian from Bucket here. I will be live and happy to answer any and all questions! Shoot away!

Thanks for your comment. This is Ian from Bucket. Just wondering what information you would like to see? Happy to supply any information.

Thanks for the comments on this thread. This is Ian from Bucket. Our white paper is available currently if you go to our token.buckettechnologies.com website. You can download it there. Please let me know if you have any questions or trouble downloading.

Thanks for your insights. This is Ian from Bucket. Would love to hear more about your perspective the situation that is extremely unfavorable for implementation? We want to achieve as much as possible and any insight to help us is welcomed. Thanks!

Everyone should be able to do some reading and if some are too lazy to do that I recommend they don't participate in this asset class.