OFN by OpenFinance Network

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The Raise Total

$50,000,000

Price Per Token

-

Raise Start

-

Minimum Investment

-
OpenFinance Network works with the leading brokerage houses, custodians, transfer agents and banks. Since 2014, their team of exchange technologists, securities lawyers, and trading veterans have been innovating in alternative assets and pioneering new technology in the industry. Their goal is to bring efficiency, transparency, and interoperability to a fragmented marketplace.

Terms

Fundraise Information

Total Raise $50,000,000 USD
Soft Cap -
Raise Status Open since 2018-10-01
Minimum Investment -
Accepted Investors US & International Accredited Only
Security Type Dividend
Exemptions Regulation D - Traditional
Instrument -

Token Information

Price Per (OFN) -
Token Issuance Platform Our token development is in-house
Token Protocol ST-20 (ethereum)
Token Issuance Info -
Payment Options BTC

Token Rights

The token acts as a perpetual license to use the OFN technology system and will pay a dividend to token holders (10% of adjusted gross revenue).

About

Overview

OpenFinance Network, the leading trading platform in the $7.7T alternative asset market, has developed a framework to transform the trading, clearing & settlement process in the industry, leveraging distributed ledger technology to bring efficiency, transparency, and interoperability to a fragmented market. The framework contains a uniform protocol to provide standardization of assets and data within the industry.

Highlights

Team

Juan Hernandez

CEO

Not Verified

JIM STONEBRIDGE

COO

Not Verified

JIM STONEBRIDGE

CPO

Not Verified

Advisors

ANTHONY POMPLIANO

Morgan Creek Digital Assets

TOR BAIR

Enigma MPC

Use of Funds

Network Development

55%

Customer Support

10%

Legal, regulatory, and compliance

10%

Sales & Marketing

15%

General & Administrative

5%

Bounty pool

5%