Introduction of Bitcoin was a main step to blockchain adoption and development. Blockchain development sees many different points of interest, and there is a number of technologies and industries that could relay their record keeping on blockchain based systems, to achieve status for trust, security and immutability.
Following adoption of blockchain in project development and tracking, there is a vast percentage of projects that want to introduce tokenization in their project lifecycle. Why is the tokenization important, it is because with tokenization small investor could be included in project shareholder structure. Project development start-up phase is always funding hungry, since there is a need for funds and negative turnover. This is potentially a new type of company development and better suitable to shareholder interest, since there are public data regarding ownership, recorded on blockchain, which is immutable.
Wolfs Group https://wolfs.group/ is planning to tokenize their projects, which are already up and running, and to introduce to community possibility to have shareholder rights, with invested amount. Relation is that with success of each tokenized project, value of Wolfs tokens will rise, which is similar to stock market, but without global restrictions and stock market listings that are needed for stock trading.
There is a line of Wolfs Group projects that are planned to be tokenized, and first one is Ferpay Ltd., an international money transfer service, that is currently deploying blockchain as part of their regular business. Next step will be to tokenize Wolfs development, a real estate developer, that is working on construction, sale and renting properties. Focus markets will be real estate, new technologies and financial markets.
Investment process comprise from five steps, each very important, started from assessment of potential partners, where companies with market potential and global born are first picks, followed by market advantage analysis and plan for development based on comparative advantage that is recognized. In case of successful passage of initial phases, there is a negotiation and contract phase, where all aspects of business cooperation are defined on mutual benefit. Based on contracts and plan there is an Investment phase, and in the last phase is expected return on Investment provided from Wolfs group. Investment period is from three to five years, after which is planned exit strategy.
Planned IEO https://p2pb2b.io/token-sale/WLF/1 is needed for further development of Ferpay, which is currently estimated on 34,5 million EUR. IEO process is planned in five phases, from moving operations to Estonia, due blockchain and cryptocurrency friendly government, establishment of WLF coin, setting the nominal rate to 0,25 USD for 1 WLF, and one share as 20 WLF, or 5USD, and closed with redevelopment of Ferpay website and application, which shall include fiat to crypto gateway as part of offer for all clients.
Fundraiser target for Wolfs token is 0.5 million USD, with maximum amount foreseen 10.4 million USD, and plans to redevelopment to be done till the end of 2020. Total number of tokens is 150 million, from which 28% will be sold in IEO process, and 60% is foreseen for shareholders.
Follow up of project development can be traced through roadmap milestones, which includes August – rollout of prepaid multicurrency cards, September iOS and Android application is live and intensified marketing promotion in October.
Project website: https://wolfs.group/
IEO website: https://p2pb2b.io/token-sale/WLF/1
Author: https://bitcointalk.org/index.php?action=profile;u=1573369