Topic: [ANN][STO][CSS]The World’s First STO Of An O2O Company Equity (Read 372 times)

The pre-sales has been started!

URL: https://cercle.sg/sto

Date: 2019/10/21 9:00 GMT/UTC+8 Singapore Timezone ~ 2019/10/24 9:00 GMT/UTC+8 Singapore Timezone.
Open official site by DApp Ethereum Wallet like imToken, Trust, Go-Wallet, Alpha Wallet, Chrome with Meta Mask, and others.
The price of the CSS token during pre-sales: 1 CSS = 0.08 USD equal ETH.

The most famous crypto influencer media "Coin Otaku" has deeply reported this project, including the company entity itself, business model, the market prospect, investment value, and the team members. But unfortunately, it's in Japanese...

https://coin-otaku.com/topic/46213

after read your statement and trying to search about Circle company, i have he same think like you.
why they must create the similiar name not trying to named the company with other name.
nothing any interest for myself about this project, and in ANN thread not give specific information just the information about token and the crowdsale

Answers to some questions from the other thread.

1. Does it have a sound business plan and original and not a copy paste idea?

ChainBow is the pioneer of the O2O business in Japan. We have a sound business plan that can be seen in the roadmap.
The important thing is: It’s totally different from the Blockchain projects which make money mainly by speculation.
(For some people, it's hard to understand how it could make money not by speculation.)
Because ChainBow is providing a PROFITABLE service by its O2O platform called "Cercle".

2. Does it already have an MVP?

ChainBow has already provided service in Japan market. Many shops and users have been using it already for some months.

3. Does it have a Github repository already?

Yes, but most Github repositories we have some private because we are a commercial company and we have to protect our IP.
We also have some public Github repositories but maybe people are not interested in it.

4. Do the development team are capable in delivering the product?

The development team have implemented the product already. The remaining work is to improve and some new features.

5. Does the team's identities verifiable or have been verified?

We are known in Japan O2O market but not famous overseas.

6. Does it have a realistic roadmap?

Product roadmap has been realized and it's good enough to provide services to make profit.
 - September 2018:
ChainBow wallet alpha version released (Done).

 - December 2018:
(1)Smart Contract for wallet released (Done).
(2)Decentralized market "mydapp.io" released (Done).
(3)ChainBow wallet v1.0 released (Done).

 - April 2019:
(1)Social Media integration features released (Done).
(2)Blockchain digital loyalty point service released (Done).
(3)"Cercle" O2O platform MVP released (Done).

 - July 2019:
(1)MyCard(personal loyalty point management) features released (Done).
(2)Multiple smartphone payment features released (Done).
(3)"Cercle" O2O platform v1.0 released (Done).

 - October 2019:
(1)Business agent of Multiple layers started (Done).
(2)STO (Coming soon).

Business roadmap:
Until June 2021,
(1)Merchants up to 50,000 and users up to 50,000,000
(2)Singapore, Taiwan, Germany, US markets expansion.

December 2022,
STO exit and IPO in Japan.

7. Does the team give utmost importance to their promises and perform deliverables?

The team has kept their promise to start the service in Japan. Then we have the multiple layer business agents to help expand market here.

8. Does the project exercise more transparency on project related matters?

There is nothing to hide.

9. Does the project's have excellent and justifiable tokenomics?

CSS is the common incentive token for loyalty points, coupons, etc. in "Cercle" O2O platform and the most important thing is it's the stock of the company as well!

10. Does the project have positive peer reviews among trustworthy members of the communit

"Cercle" O2O platform has been reported as innovative Blockchain + O2O project by many famous media in Japan. Many big Japanese companies, VC are interested in the project too.

One delighted short video of the Cercle app on Youtube.
It's about the "MyCard" widget of the Cercle app, in which you can import and use your physical loyalty point card by the app.
This "MyCard" widget is loved by thousands of our app users in Japan.

https://www.youtube.com/watch?v=NsQeANrnOH8

Thank you for helping answer the question!
Yes, I know the proof is difficult but we truly have the O2O platform as our product which is used by many consumers and merchants every day.
Hope to understand that we are really making something big happen in Japan for millions of users.

In fact, CSS token we are talking about is exactly the utility token that can be traded in any exchange.
The security token CFS(Cercle Foundation Share) is not mentioned in this thread but described in the white paper. CFS cannot be traded anywhere but only pledged as securities.
Sorry to be confusing.

What I mean there is the exchange which SEC has approval. STO market is currently in a gray area and very hot in the eyes of SEC, in short, this kind of token is very complicated compared to utility token which can be list easily on any exchange. That 4 exchange they list not license by SEC and has a country restriction. Personally, I will not send my tokens there and trade it seems that exchange has no real traders at all.

Already stated on OP, token will listing in 4 exchange at 24th, Oct 2019.


There will be many things that you have to prove because many people will see that ICO IEO or even STO is more towards to scams compared to development.

Hi, the company's name is ChainBow Co., Ltd. The O2O platform's name is "Cercle", a French word. It has no relation to the crypto company "Circle".
"Circle" is a crypto company, as we know. ChainBow is more than a crypto company because it empowers the super huge O2O market by Blockchain technology. Should have a brighter future lol.

dont you think its kinda weird that your offering similar services to the major crypto company "circle"
but you just named your's "cercle"    -_-
i almost think this must be a scam, thats insane, your gonna get sued lol

Hi, thank you for being interested in our project!
ChainBow Co. is based on Japan and the members are working in Japan too. The Security Token CSS is not issued by ChainBow itself but by a Singapore foundation, which is also a shareholder of ChainBow Co.

Singapore foundation is the registered platform that is totally compliant to MAS(Monetary Authority of Singapore) and regulated under SFA(Securities and Futures Act, Cap.289, Rev.Ed).

Interesting project. Where do you plan to list the token? Security token market is a bit complicated right now. As I see most of the team member is from Singapore but ChainBow Co. is based on Japan right?
I believe that there is a required registered platform that is able to do STO so that you can be compliant to SEC.

Social Profiles

GitHub : https://github.com/chainbow


Telegram: https://t.me/cercle_foundation


Facebook: https://www.facebook.com/CercleFoundation/


Twitter: https://twitter.com/cercle_fund


Whitepaper: https://cercle.sg/files/cercle_sto_en.pdf

Pre-Sales Information
Before listing in the above exchanges, the Cercle Foundation Singapore carry out a pre-sales by its official site.

The pre-sales URL: https://cercle.sg
Date: 2019/10/21 10:00 GMT/UTC+8 Singapore Timezone ~ 2019/10/24 10:00 GMT/UTC+8 Singapore Timezone
Open official site by DApp Ethereum Wallet like imToken, Trust, Go-Wallet, Alpha Wallet, Chrome with Meta Mask, and others
The price of the CSS token during pre-sales: 1 CSS = 0.08 USD equal ETH



Token name: CSS (Cercle Stock Service)
Official Site: https://cercle.sg

What makes CSS different?
CSS is the world’s first real entity O2O enterprise platform token based and issued on the STO innovation model BDR. The value of CSS is solidly backed by the sustainable revenue of the O2O platform - Cercle, which is provided by ChainBow Co., Ltd..
CSS is the equity token of the company. It’s totally different with the coins of public chains which makes money mainly by speculation.
1 CSS means 1 stock share of ChainBow Co., Ltd. So CSS holders are also the stockholders of the company.

Issuer	Cercle Foundation Singapore
Issuance Token	CSS
Issuance Amount	60,000,000 CSS
Token Price	1 CSS = 0.1 USD
Repurchase and Gift	The issuer will repurchase CSS with earnings after tax of ChainBow Co., Ltd. until 40% of CSS remains. Afterwards the issuer will airdrop USDT or equal tokens to CSS holders.
Exit	If ChainBow Co., Ltd. is listed or M&A, the issuer will repurchase all CSS with earnings after tax and exit the project.

Who is ChainBow Co., Ltd.?
ChainBow Co., Ltd. is a fast-growing Internet company registered in Japan.

What is Cercle O2O platform?
The company ChainBow Co., Ltd. created an O2O platform called “Cercle”, which provides loyalty points, coupons, reservation service and payment service to connect physical merchants and Internet consumers.
The platform has built-in aggregated payment functions of Apple Pay, Google Pay, credit cards, Union Pay, WeChat Pay and Alipay, etc., and cryptocurrency payment such as Bitcoin as well.
https://cercle.sg/img/arch.jpg

At present, there are a large number of restaurants, coffee shops, Karaok, hot spring hotels, retails and other physical merchants as the customers of the Cercle platform.

https://cercle.sg/img/cases.jpg


Why O2O is rising in Japan?
The reason why O2O has not been popular in Japan so far is that smartphone payments were not so widespread. The online payments could not be made conveniently, so the online services could not be provided, causing that the consumers could not be guided to offline merchants. There was a gap between consumers and merchants because of the lack of online payment services.

Smartphone payment methods are becoming prevail through the promotion of a “cashless society” where the Japanese government has put considerable effort. If the walls of smartphone payments that have been packed up to now is broken down, more and more online services will be able to connected to offline merchants and consumers so that the O2O business will have a bright future in Japan.


Why Blockchain in the ‘Cercle’ O2O platform?
(1) Blockchain is a reliable infrastructure
Merchants can issue their own loyalty points. Loyalty points are assets. All point assets exchanges can be tracked and the data cannot be tampered with Blockchain technology. And the privacy of consumers can be well protected by Blockchain.

(2) Laws and regulations
In Japan, due to the tax law reforms in 2015 and 2016, the retention period for companies’ ledger data has been extended to 10 fiscal years since April 1, 2018. Using Blockchain the ledger data can be stored forever theoretically compared to centralized services.

(3) Cryptocurrency payment
Besides payment in fiat, payments in cryptocurrencies will be prevailing and will be an important step toward the Japanese government's “cashless society” effort. ChainBow Co., Ltd. with its ‘Cercle’ O2O platform is the pioneer of this area in Japan.


Why does CSS token value increase?
ChainBow Co., Ltd. is expanding the O2O platform “Cercle” very fast in Japan now and the company has a solid revenue.
The company has a powerful multiple business agent layer model for sure that the business agents have excellent revenue too according to the service fees they got from their merchant clients.


Obligation of business agents
Business agents need to:
(1) hold at least 10,000 CSS.
(2) expand “Cercle” O2O platform to merchants.
(3) introduce other business agents.

Reward to business agents
Profit to be distributed: 50% of the service fee paid by the merchants obtained by the business agents.

For the “Profit to be distributed”, the system automatically calculate the reward percentages and rewards the above 3 layers of business agents including himself/herself. The multiple business agent layer model plays an important part in the expansion of the company’s revenue.

Level	Reward
Oneself	50%
1	20%
2	15%
3	5%

The issuer, Cercle Foundation Singapore will repurchase CSS with earnings after tax of ChainBow Co., Ltd. until 40% of CSS remains. Afterwards the issuer will airdrop USDT to CSS holders.

ChainBow Co., Ltd. is expected to become a unicorn company with annual profit of 100 million USD and market capitalization of over 1 billion USD over the next three years.

Listing Date On Exchanges
Listing date: 24th, October 2019
Exchanges:
www.biup.io
www.bitsg.com
www.zbm.com
www.yifei.pro

The company develop the product, wallet and O2O platform from 2018, and published 07/2019 month.
Company Site: https://chainbow.io/
Product Site(Japanese): https://www.cercle.app/
Cercle Foundation Site: https://www.cercle.sg

All information is public and under law. include company reg id Japan and Singapore