Smartlands.io has successfully completed its Security Token Offering in a private placement.
The investment period for these security tokens is 3 years and promises over 47% of income and capital growth.
Company's website stated "Investors are expected to earn an income return of 5.74% per annum on average, paid quarterly over the three-year term (excluding the expected capital growth). The total expected Return On Invested Capital (ROIC) is 47.17% over three years (15.72% annualised), which includes income and capital growth. Both of the above-mentioned expected returns are after corporation tax and a 20% profit share paid to the originator Shojin Property Partners."
Smartlands is expected to launch its trading platform later this year which will create even more liquidity to these Security Tokens. Instead of holding on to the security tokens for 3 years, investors can trade them on the platform once it launches.
Arnoldas Nauseda stated "“The investment period is three years, however, there may be an opportunity for investors to sell their Investee Tokens earlier when Smartlands finishes work on its proprietary secondary market trading platform scheduled for launch in late 2019. There may also be an option to extend the period of investment beyond three years.”
Security Tokens are expected to help digitize a lot of industries and its immediate use case happens to be in Real Estate space. Security Tokens can truly globalize the Real Estate market.
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