Utilis Ventures

Utilis Ventures

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Laatste update

5 mrt. 2020

This STO will create an emerging markets investment fund with the proceeds from the sale of the Utilis Venture Security Token. The fund will invest in the Ugandan commodities trading and securities industries and shall pay investors back their principal plus profit at a years end from the close of the offer through a token buyback. The STO and subsequent fund will serve to prove the validity of blockchain as an investment channel into the developing sub-Saharan markets.
Sale
1 feb. 2020
29 feb. 2020
100% voltooid
$100
pet
doel
0% doel voltooid
Doel 2 500 000.00 USD
pet 2 500 000.00 USD
past
  • 1 UVST
    =
    1 USD
Details token
Ticker
UVST
Totale voorraad
2500000
Token Distributie
all tokens are up for sale to investors. token currently listed on the AirSwap DEX
Geaccepteerde valuta's
ETH, USDC, DAI
Min. Bijdrage
100
USD
Bedrijfsgegevens
Geregistreerde bedrijfsnaam
UTILIS VENTURES LIMITED
Geregistreerd land
Uganda
Bedrijf opgericht
Jul 2, 2019
aanvullende details
Platform
Ethereum
whitelist
Ja , van Jan 20, 2020 tot Feb 24, 2020
Categorieën
Platform

Over Utilis Ventures

Utilis Ventures is a decentralised financial services startup located in Uganda, dedicated to filling the need for more inclusive and dynamic financial services in the emerging markets.

Kenmerken

-Profit share/ payment of dividend: The profits generated by the fund will be used to pay token holders interest at the close of the fund

-Tradeable on the secondary market in case investors require liquidity

- Semi-annual progress report on the fund 

 

Technische informatie

- fully compliant ERC20 token

-P2P secondary trading enabled 

% naam% Roadmap

  • Founded May 2018

  • We started our journey set on fighting financial inequality and trying to effect change on SDG 10c - reducing the cost of migrant remittance globally but especially in sub-Saharan Africa to 3%-5%.
  • July 2018

  • Begun Blockchain case studies and experimentation with the Stellar Blockchain
  • March 2019

  • Proposal development on diaspora solutions for Min, of Foreign Affairs Uganda.
  • May 2019

  • Discussion with regulators
  • Lees verder
  • July 2019

  • Incorporated Utilis Ventures as a Limited Liability Financial Services Company
  • August 2019

  • Interviews with Finance Industry Experts
  • September 2019

  • Development of DeFi solutions including design of Ethereum DApps
  • Christmas Day 2019

  • Whitepaper for STO published
  • Jan 2020

  • Launch of token on Rinkeby Testnet and whitelist signup
  • Feb 2020

  • Utilis Ventures Security Token offering
  • March 2021

  • Buy back of tokens with interest from investors

Utilis Ventures Team

geverifieerd 100%

Abraham Banaddawa
Founder
geverifieerd
Allan Katongole
Blockchain & Software Engineer
geverifieerd

Advisors

geverifieerd 0%

Aandacht. Het risico bestaat dat niet-geverifieerde leden feitelijk geen lid zijn van het team

Robert Kirunda
Advisor
geverifieerde

Utilis Ventures Interviews

Abraham Banaddawa
As a team member, сan you tell us about your role in the ICO project?
As the founder I designed and developed the project and I am currently incharge of the execution of the project and liaison with our partners and clients.
What do you think about idea?
I believe this project will serve as an excellent proof of concept and a great springboard to launch quality decentralised financial services in the region.
Allan Katongole
As a team member, сan you tell us about your role in the ICO project?
I am a Blockchain and Backend Engineer at Utilis Ventures. I also wrote the smart contract that is powering our first STO.
What do you think about idea?
This is a great idea towards revolutionalizing financial markets in Africa. Blockchain as a technology is bridging the gap especially in young markets like Africa.

Utilis Ventures Laatste nieuws

  • Omdat er mogelijk tijdsverschillen zijn in informatie-updates, moet nauwkeurige informatie over elk ICO-project worden geverifieerd via de officiële website of andere communicatiekanalen.
  • Deze informatie is geen suggestie of advies over beleggen in ICO-financiering. Onderzoek de relevante informatie zelf grondig en besluit over ICO-deelname.
  • Als u denkt dat er problemen of problemen zijn die moeten worden gecorrigeerd voor deze inhoud, of als u uw eigen ICO-project wilt indienen dat wordt vermeld, e-mail ons.
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