BMN1 Token

BMN1

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Price
$157990 USD (0%)

24h Volume
0

Market Cap
$24,646,440

Last Trade
January 11, 2023

Last Trade
January 11, 2023
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BMN1 Price

Trading History

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Terms

Fundraise Information

Total Raise $40,300,000 USD
Soft Cap $0 USD
Raise Status Closed
Minimum Investment $100,000 USD
Accepted Investors International Accredited
Exemptions TBA
Instrument Security Token
Token Issuance Info No lockout period

Token Information

Price Per (BMN1) $157990 USD (0%)
Token Issuance Platform STOKR
Blockchains Available On Other
Security Type Asset Derivative
Asset Class Asset Backed Securities
Payment Options TBA

Token Rights

Owning each BMN1 token grants the holder rights to a share of Bitcoin mining output, equivalent to up to 2,000 TH/s, over a span of 36 months. This mining is conducted at top-tier, enterprise-level facilities.

About

Overview

The BMN provides eligible investors with a chance to invest in Bitcoin mining via a security token regulated in Luxembourg and issued on the Liquid Network, a layer-2 sidechain of Bitcoin.

Highlights

Note holders have a right to receive payments on the Note pro rata with other Note holders. Their payment represents, indirectly, rights to received payments, net of expenses, on a prepaid hash rate contract with Blockstream Services Canada ULC. The hash rate contract represents up to 2,000 TH/s per €200,000 face amount of Note, subject to reduction for loss and degradation of miners allocated to the contract from time to time and for force-majeure losses. There are no putback rights on the Notes. Holders have a right to transfer the Notes to other Eligible Investors. STM BMN1 Report - Q3 2022 found at Reports.STM.Co