You are considered as an Accredited Investor
1) You have an annual income exceeding $200,000, or $300,000 for joint income, for the last two years with expectation of earning the same or higher income in the current year and must have earned income above the thresholds either alone or with your spouse over the last two years.
2) You have a net worth of over $1 million, either individually or jointly with your spouse,
Anti-money laundering (AML) refers to a set of laws and regulations that pressurizes the financial companies to monitor all the clients to prevent money laundering and corruption. AML regulations require financial institutions to monitor customers' transactions and report on suspicious financial activity. At Tokenization Asset Platform, the Compliance (KYC, AML/CTF)of the Investor is one of the key components to the company AML program.
An asset class is a group of securities/investments that have similar characteristics, and are subject to the same laws and regulations. For example, asset class can be equities, bonds, real estate, commodities etc.
A blockchain is a chain of blocks, which are digital pieces of information, that are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data which are immutable.
A broker-dealer (B-D) is a person or firm in the
business of buying and selling securities for
its own account or on behalf of its customers.
Broker Dealer is a person or firm that buys and sells the securities (In crypto format) for its own account or on behalf of its customers.
Dividend Distribution to the token holders refers to providing a percent share of the total dividends to the particular wallet addresses may be in the form of capital distribution of tokens or interest payment to the investors.
Ethereum is a decentralized open source blockchain featuring smart contract functionality used for its cryptocurrency Ether. Ethereum is also a programming language running on blockchain that allows to build distributed applications.
Tokenizing the asset and fragmenting into fractions paves the way for Investors to access high value assets by acquiring a fractional ownership of those assets.
Someone who wants to tokenize the assets, create tokens and sell on the Tokenization Asset Platform
The Know Your Customer is a standard in the investment industry that ensures investment advisors know detailed information about their clients' identity, risk tolerance, investment knowledge, and financial position. KYC is one of the identity verification processes at TAP.
A legend is a statement on a token certificate noting restrictions on the transfer of the tokens.
To sell the restrictive securities to the public a legend has to be removed from Token either by a transfer agent or Issuer who issued the Token. To remove legend, the issuer has to consent usually in the form of an opinion letter from the issuer’s counsel.
Investor transfer tokens from his personal wallet to another person’s wallet
Issuing tokens for the first time by the Issuer or BD on behalf of the issuer
A Private Placement Memorandum (PPM) is a legal document that states the objectives, risks, and terms of an investment involved with a private placement. This document serves to provide buyers with information on the offering and to protect the sellers from the liability associated with selling unregistered securities.
Regulation D (Reg D) is a SEC regulation governing private placement exemptions. Regulation D (or Reg D) contains the rules providing exemptions from the registration requirements, allowing private companies or entrepreneurs to offer and sell their securities without having to register the securities with the SEC. A Regulation D offering is intended to make access to the capital markets possible for small companies
Regulation S demands that offers and sales of the securities (tokens) be made outside the United States and that no offering participant (which includes the issuer and their respective affiliates) engage in "directed selling efforts". The regulation also requires that no offers and sales be made to U.S. persons
Rule 144 is a regulation enforced by the U.S. Securities and Exchange Commission (SEC) that sets the conditions under which restricted, unregistered, and control securities can be sold or resold.
Where tokens can be traded on the Crypto Exchange
Security tokens are the digital representation of traditional financial instruments. They represent a financial interest in the issuer of the security.
A self-executing contract stored on blockchain technology with terms and conditions embedded in the security that controls the transactions between the parties. Smart contracts can have functions for automatic transactions, formulas for calculating asset prices, are capable of facilitating an exchange of money, and other specific features.
Tokenization is the process of converting an asset into a token on Blockchain programmatically, reducing the need for manually issuing, managing, and trading the private securities along with regulatory requirements.
A transfer agent is a trust company or similar institution assigned by a corporation for the purposes of maintaining an investor's financial records, tracking each investor's account balance, managing voting events and distributing dividends.
Certain amounts of tokens that are held aside for some period of time for the team. Smart Contract usually locks a certain amount of tokens until Contract conditions are met.
A wallet address, comprising a string of 26-35 alphanumeric characters, is all it takes to send and receive cryptocurrency. Any address can be used to transfer cryptocurrency to any other address on the network, provided the sender's wallet software supports that address type.