Topic: 🌟🌟🌟🚀[ANN][04.07] ICO Starta - Cross-Coin Venture capital on the blockchain🌟 - page 60. (Read 153169 times)

Dear All!
Cross Coin and Starta Accelerator to pioneer new VC tools with first STA token buyback following Cindicator tokensale

8 September 2017
New York – Singapore

Funds raised through a tokensale by one the project’s portfolio companies will be used to deliver value to Starta token holders

Throughout the month of September, hi-tech startup Cindicator (CND), which is part of the Starta Accelerator portfolio, will be selling cryptographic tokens in two successive rounds. A proportion of the new tokens will be transferred through Starta Accelerator to Cross Coin, the company through which $5 million was crowdfunded for investment in Starta Accelerator’s portfolio. Holders of Starta tokens (STA) released by Cross Coin will, for the first time, benefit indirectly from the distribution of the portfolio companies’ tokens. Cross Coin will repurchase STA tokens from the open market using proceeds from the sale of its share of CND tokens.

In accordance with Cindicator’s terms of placement, 18% of CND tokens released will be distributed to the company’s shareholders. Around 5% of these, or approximately 0.9% of the total number of new tokens, will be distributed to Starta Accelerator, one of the shareholders. In turn, Starta Accelerator will send a third of the received tokens to Cross Coin Pte, a Singapore-based company, in proportion to its share in the SPV ‘Starta Accelerator 16/17’.

Cross Coin intends to sell the CND tokens received from Starta Accelerator to a strategic investor – taking into consideration the conditions of the one year vesting imposed on these tokens – and to use the entirety of the proceeds to buy Starta (STA) tokens.

‘This is a new mechanism developed by us specifically for participants of venture-based token sales and providing an opportunity to participate in the portfolio’s startup businesses. Participants of Cross Coin’s token sale will be able not only to expect profits from startups’ exits, but also to participate in intermediate buybacks by passing through all stages of growth for each of the 21 startups in the investment pool and new startups, which will enter the accelerator portfolio in the future,’ comments Alexey Girin, co-founder of Starta Accelerator and the Starta Capital VC Fund.

STA tokens will be bought back from the market in WAVES and BTC. Starta tokens will be repurchased at a market price, within one month from the date of funds from the sale of Cindicator tokens being credited to the Cross Coin wallet designated for the buyback procedure. The technical possibility of transferring CND tokens from Cross Coin to the buyer’s (strategic investor’s) wallet will be possible only after vesting, with a period of one year applied on these tokens.

At the same time, Starta Accelerator will maintain a share in Vote Inc, a shareholder of Cindicator, and expects to continue receiving profits as far as Cindicator develops. CND tokens are infrastructure tokens for the Cindicator technological ecosystem. The distribution of tokens should be considered as a ‘bonus’, rather than an exit from the Cindicator project.

The process of buying STA tokens back is carried out on the initiative of Starta Accelerator. Cindicator does not have any obligations to owners of STA tokens or to Cross Coin Pte. CND tokens are not a type of security, and they are prohibited for sale or transfer to citizens or residents of the USA, Singapore and a number of other countries.

What another ICO you mean? They have new ICO? Which one? Can you give me link?

I'm waiting for these ICOs. Rather, their completions. And I want them to collect more, because this depends of additional tokens number.
This was the information about additional tokens, it's true. But the mechanism of realization is unknown.

I am sure that is yet to be known by any of us.There was to be an update from the team about this and a detailed link on how to claim it but nothing came up.Can we check the Anryze thread and ask if they are going to distribute the tokens to starta holders? Not sure that is the right place to get the information.

Hopefully after the ico starta token holders will get some airdrop from this project or not?

Guys, you can join telegram of Anryze
https://t.me/anryze_tokensale

Or read their thread https://bitcointalksearch.org/topic/anntokensale1209-anryze-distributed-speech-recognition-platform-1968881

They will have Tokensale next week and they are part of Strarta portfolio.

So we look forward their ICO to see what will be...

There is no slack. You can find starta at telegram.

Hi,
How can i join Starta's  SLACK ?

Thank for the link !

Yes, everyone are waiting for Tokensale starts. It is interesting to observe how events will develop. Although it seems there too, for 1 day, all will be collected.

Dev team is mute? They release a new article about their startup everyday about a new company they added to the portfolio or a new token that will ICO that they have a stake in through slack/twitter/telegram. Just wait until the first actual ICO in their portfolio goes through. That will be this month. You will get your airdrop to the waves wallet you hold your starta in. The blockchain is open and they can see all public STA holders and will airdrop that way.

Thaks a lot for this.. but i just hope the team will also be publishing some updates regarding the exchange. Seemed like they dont have plans to list to major exchanges. Tsk

I sincerely don't know if he was suppose to make that post on some other thread, because if he can atleast look at few post ahead of his senseless post, he would see the current state of things here with this project rather than typing nonsense.

Are you nuts? this ICO completed some long back and all of the investors are fed up with the price going down below ICO.Do try to read what has been said rather than just posting here for the signature campaign.

Now ICO runs smoothly and there is absolutely no obstacles to join the signature campaign along with bounty, good luck.

So, there were a lot of news and all of them are published in our twitter and facebook.
Some of them you can read here:
http://fintechist.com/starta-accelerator-brings-blockchain-startup-lab-new-york/
https://www.crowdfundinsider.com/2017/09/121464-back-school-disruption-encouraged-starta-accelerator-selects-newest-startup-batch/
http://fintechroundup.com/starta-accelerator-launches-program-for-blockchain-startups-blockchain-news/

Seriously? They can come on this thread to seek campaign and ico's but can't come to update? Very funny.

why they are only active on telegram and twitter? dont they know that there are also people here in the forum waiitng for their updates? its so nice to know that they are active on those channels but it would be great if they will update here too.

Dev team is mute??? Have you read telegram? Have you read twitter? Dev team very active now. I believe , in winter price will be up. 2 ICOs.

I really will start to report post like this!

Campaigns are over! Wake up!

yooohoo i will join the social media bounties my hope for your success great job ...
but the exchange is a little bit hard when trading it takes time because the popularity of the new coin and the value / rate is not defined