|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|
|Price Per (SMK)||$1.11|
|Token Issuance Platform||TBA|
|Token Issuance Info||TBA|
The Token holders have a proportional profit claim on the positive annual operating result of StartMark for the shareholdings segment (the ‘operating result’).
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.
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.