Dear bitcci Community. The preparations for the tokenization of the shares of bitcci Group AG are almost completed.

23 Mar 2023, 15:56

Dear bitcci Community. The preparations for the tokenization of the shares of bitcci Group AG are almost completed. The generating of the "bitcci Equity Token" is expected to take place in the next 4 weeks according to ERC1400 standard on the Ethereum Blockchain. The bitcci Equity Token contains the usual and necessary functions for securities, such as whitelisting, transfer controls or blocking. Furthermore, the smart contract of the bitcci Equity Token is openly designed, so that it can be flexibly adapted to changing regulatory conditions via modules - and is thus future-proof. After the generating of the bitcci Equity Token, further steps will follow, such as the minting of the tokens, the possibility of identification via KYC for token holders, and, after we have received the approval of the regulatory authorities, the public sale to new investors. We now have the final draft of the offering prospectus, plan to finalize it the next week and submit it to the financial regulators for approval in the next 3 weeks. Similarly, we plan to launch the pre-registration phase for new investors including KYC in May 23. During the public offering, token holders will have the opportunity to transfer their bitcci equity tokens to their wallets. The capital raised through the public sale of bitcci Equity Tokens will be largely invested in advertising campaigns to promote the new fancci platform and bitcci Group AG to a large international audience. A report by the Boston Consulting Group estimates that tokenization of assets & equities will reach in total $16 trillion by 2030. Thus, bitcci Group AG is perfectly positioned with the imminent tokenization of its shares.