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November 20, 2018 – London, United Kingdom – TokenMarket, the award-winning token advisory provider, announces its partnership with DOVU for its first security token supplying. TokenMarket was recognized into the Economical Carry out Authority’s (FCA) Regulatory Sandbox earlier this calendar year for the reason of carrying out protection token choices.
DOVU, the unified token, wallet and marketplace for earning and investing mobility similar benefits, held a token sale in Oct 2017 raising $6.2 million. DOVU has this month introduced a sale of 5% equity for a crowdfunding sale to begin in Q1 2019. This will allow DOVU users to now have both utility and fairness in DOVU, making it possible for for a more transparent, democratised and accountable marriage for each the buyers, contributors, and business. DOVU has formerly received seed funding from Jaguar-Land Rover’s financial commitment arm InMotion Ventures and Imaginative England, supported by the United kingdom Governments ‘Public Advancement Fund’.
“We launched in 2016 and secured equity expenditure from our partners, this enabled us to create the corporation and embark on our utility token sale. We have been looking at approaches to tokenise all of DOVU, so that our existing and long term fairness holders can take part inside of this progressive sector. We look ahead to a productive STO and welcoming new fairness token holders to the DOVU family members.” Irfon Watkins, Founder, and CEO, DOVU
TokenMarket will be doing work in just the FCA Sandbox to test, evaluate and acquire issuance of digitalised equity. Getting beforehand partnered with DOVU to have out the sale of DOV token, TokenMarket now carries on to develop a nearer romance with the DOVU crew. Ransu Salovaara, TokenMarket CEO, mentioned that:
“We are thrilled to announce that we will be keeping our first tokenised equity crowdfunding campaign out of the United kingdom with DOVU. Obtaining worked with the crew for their ICO, we have the utmost self confidence in the project’s significant calibre workforce and ahead-considering vision. With the firm displaying these remarkable development considering that its ICO, we appear ahead to having DOVU and the mobility sector to the next stage with the forthcoming STO.”
The DOVU safety token sale date is set to be declared in December 2018. To continue to be up to date with the most up-to-date announcements (such as STO dates), news and additional go to https://dovu.io or indicator up to the TokenMarket electronic mail listing at https://tokenmarket.net.
DOVU is shaping the crypto model for the mobility ecosystem with backing from Jaguar-Land Rover’s financial commitment arm InMotion Ventures and British isles federal government again fund Imaginative England. Introducing a transportation concentrated protocol to accelerate the advancement of mobility-connected decentralised programs (dApps), the DOV token powers new business designs in the transportation sector. The DOVU API Marketplace supports the local community by simplifying the growth of mobility knowledge globally.
For more information and facts concerning DOVU visit http://dovu.io
TokenMarket is a strategic and technology advisory business with offices in London, Gibraltar, and Helsinki. The organization, recognized for its intensive sector know-how, has advised over 30 token sales which include Storj, Populous, Monaco, Civic and Dent, raising in excess of $350 million in overall. TokenMarket’s award-successful platform gives conclude-to-close token issuance together with fund selection, compliance, and marketing.
For more information pertaining to TokenMarket take a look at https://tokenmarket.web/