1. Our exact rollout plan will be part of the whitepaper, released next week. In principle, we will have a strong focus on the mega cities in the world especially in emerging markets. This allows a very focused, lean, but highly scalable rollout plan.
2. We will be regulated under the existing and upcoming FinTech Swiss FINMA licences.
3. The number of tokens per asset will be small primarily to guarantee a privileged experience on that asset. Avoiding regulation is not our philosophy, in fact coming with a 20 years background on how to run a compliant banking business regulation is not a concern at all.
4. Thanks for the hint. We will upload these as soon as possible.
Thanks for prompt reaction and answers,
1. Keen to check out your whitepaper as soon as available.
2. My point is not to avoid regulation - no point to do it. The tokenization of real assets is a way to go and is the future, but still complicated at this stage especially from regulators point of view. Hope you will disclose your position on the issue during your ICO. As it could be an important step for the whole market especially in regulated jurisdiction such as Switzerland.
3. Here another question - have you clear taxation compliance approach at this stage? Especially regarding capital gain taxation?
4. NP
Anyway hope you will reach your goals and will develop something interesting. IMHO you have great potential market and great approach to handle it. Will follow you closely.
Cheers,
BeReal 12
Thanks for your positive feedback!
We have developed a clear procedure on how to deal with taxation.
It largely depends on the asset that is tokenized, hence it's a case by case assessment.
Please let us know if you have any other questions.