Czech FinTech start-up BudgetBakers, developer of the Wallet and Board applications and in which the ventures division of the Rockaway Capital investment group invested in 2017, has received an investment of almost…
SOCIFI SD Launches the First Ever Blockchain-Based Investment TGE (token generation event) for its Further Global Expansion in the Field of Sponsored Data
SOCIFI SD Ltd, a 100% daughter company from SOCIFI Ltd., has announced its ground-breaking TGE (token generation event), Investment Offering, making it the first technology company in the world to offer an investment possibility allowing investors to receive profit sharing, voting rights and, as a gift, the company’s own GIF Tokens that can be used, among others, to purchase the company’s’ product at a discount.
“SOCIFI’s investment offering follows a fully legal and existing framework for investments into companies, merged with the possibility for investors to become involved with the GIF Tokens. This is a radical step forward in Blockchain-related offerings.”
TGE have a number of cases in the past resulted in investors losing their investments; the technical and legal side of TGEs is yet to be perfected.
“Being convinced of the value that the Blockchain can bring to the world, and being a global company with activities in 67 countries, we worked hard with our partners to develop a framework that is both legal and safe for investors,” says Sidney Zdenek Hornych, Founder, and CEO of SOCIFI. “But the TGE is just one of the steps for SOCIFI,” adds Sidney. “After the TGE is completed we focus on growing our Sponsored Data capabilities in international markets”.