Nostrum is a ‘’Brick and Mortar’’ traditional street-side business that interacts with its customers (both B2B: franchisees and B2C: clients) face-to-face and has a proven track record in the restaurant industry. As a brand, we believe the world would be a better place if everyone could eat a home-cooked meal at anytime and anywhere. Health and food is at the core of our business model, perfectly prepared and designed to be developed through blockchain technology.
Nostrum has developed its business by means of franchises and currently has 120 franchised restaurants and wishes to continue investing in technology, automation, and wants to continue to expand its franchise model internationally and grow its Fan’s Club further. Given its wide experience in the business, Nostrum has partnered with Cryptofranchise OÜ (hereinafter CF) in order to become the first brand in QSR creating and using its own cryptocurrency, the MealToken. Also, Nostrum is collaborating with CF on the development of a platform, known as Cryptofranchise, for franchisers all over the world. This platform shakes up existing franchise business models by basing it on blockchain technology.
The ICO is the ideal instrument to accelerate this project by developing the Cryptofranchise platform as well as tokenizing Nostrum’s ecosystem while accelerating its development plans. The goal of the ICO is to raise up to €60M and release MealTokens in exchange, at an initial rate of €0.15 per MealToken. The ICO will take place in a best-in-class technological security and regulatory compliant environmentand is carried out in accordance with the regulations developed by the Estonian Financial Supervisory Authority.
The MealToken is a utility token and by granting access to certain Nostrum services, it acts as a reward or incentive instrument with a payment function (deprived from any claims on the issuer) within and limited to the Nostrum tokenized ecosystem. The token will be operative at issuance. Neither Nostrum nor CF, actively pursue the listing of its token on an organised exchange platform, nor the selling of the token in sanctioned jurisdictions or in countries that could expose Nostrum, CF or the acquirers to obvious legal risks. Notwithstanding the importance given to proper risk management, the business and the ICO process remain risky endeavors. Potential acquirers are reminded to read chapter 4 (suitability).
Attention. There is a risk that unverified members are not actually members of the team
$10 512 361
$11 880 000
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
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