StartMark Token

SMK

StartMark logo

The Raise Total

$55,369,750

Price Per Token

$1.11

Raise Start

December 1, 2019

Minimum Investment

$111

https://www.startmark.de/

StartMark offers the unique opportunity to participate in innovative startups even with small amounts. And completely transparent, fair and with a secure investment process.

Terms

Fundraise Information

Total Raise $55,369,750 USD
Soft Cap $100,000 USD
Raise Status Open since Planing
Minimum Investment $111 USD
Accepted Investors International Non Us
Security Type Fixed Income
Exemptions TBA
Instrument TBA

Token Information

Price Per (SMK) $1.11
Token Issuance Platform TBA
Token Protocol Other
Token Issuance Info TBA
Payment Options
  • Other

Token Rights

The Token holders have a proportional profit claim on the positive annual operating result of StartMark for the shareholdings segment (the ‘operating result’).

About

Overview

Working in response to current asymmetries in the startup sector, StartMark uses blockchain technology to offer access to the German startup scene to two groups of stakeholders: founders and small investors. The small minimum investment amount of just €100, and an easy-to-understand, easy-to-use investment process, gives every prospective adult investor, regardless of their income level, an opportunity to invest in the exclusive StartMark portfolio.

StartMark is the much-needed democratisation of Germany’s investment landscape and aspires to be one of the first German security tokens approved by the German Federal Financial Supervisory Authority [BaFin] on the market.

Highlights

Up to the point at which a nominal interest rate of 5% p.a. based on the par amount of a Token-based bond (=SMK Security Token) is reached, 50% of the operating result will be distributed to Token holders. Once a nominal interest rate of 5.0 % p.a. based on the par amount of a Token-based bond has been reached, 40% of the operating result will be distributed to creditors. The proportional profit claim per Token-based bond is calculated by dividing the amount of the profit claim by the number of all Token-based bonds issued.

Team

Frank Schmidt

Co-Founder

Guido Schnock

Managing Director

Guido Schnock

Managing Director

Documents