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The fundraising consists of two parts. First we are conducting a private offering, which is a personal proposal for interested investors. The second step starts with the creation of a capital market prospect and a public offering of Token.
The phases are not temporary limited, but restricted to the stock of tokens. Unsold tokens are inactive and do not hold a share in the distribution pool. Early investors therefore have the opportunity to get a larger share of the turnover distribution.
The first phase consists of a private offering of rights similar to securities (participation, revenue share) as defined by the Austrian Capital Markets Act (KMA), which is not subject to approval by the Financial Market Authority. In the second phase, we plan to issue a capital market prospectus in accordance with the KMA, whereby the rights offered will stay the same. However, it will be a public offering. The subscription conditions are currently being worked out and will soon be made available to interested investors
TAX Token rewards holders with a share of all revenue generated by the Blockpit platform.