MultiversX Tracker is Live!

[AMA] We're Francesco and Merens, Cofounders of Arcton, a Zurich-based startup. We tokenize web2 startup shares under the Swiss DLT Act and we partnered with Camelot DEX bringing clear and compliant tokenized share trading to DEXs.

All Cryptocurrencies

by COINS NEWS 39 Views

Hi everyone!

We're excited to connect with the r/CryptoCurrency community.

Francesco and Merens, will be representing Arcton to address any queries from the community.

We will be available for 2 hours on 30th October 2023, from 11AM UTC to 1PM UTC. Feel free to drop your questions now or during the live session!

What’s new?

Switzerland in 2021 introduced the Swiss DLT Act, a legal framework for tokenizing securities. Web2 startups can now tokenize their shares and sell them to the public. These tokens are backed by a solid Swiss framework, ensuring these tokens represent real shares in legit Swiss companies. The process involves a notary who certifies the creation of the new shares and provides legal clarity to token holders with all shareholder rights.

What’s Arcton?

Arcton is the first crowdfunding platform tokenizing startup shares under the Swiss DLT Act with partnership with Camelot DEX for offering clear and compliant tokenized share trading on DEXs.

What sets Arcton apart is our collaboration with Camelot DEX, as it provides a solid infrastructure for trading tokenized startup shares of Swiss & European startups following their fundraised on Arcton. The strength of the Swiss model is its clear legal framework, permitting securities trading on DEXs and DeFi protocols.

Introducing Startup IPOs

Similar to IDOs, where a protocol raises funds and then its token becomes available on a DEX, Startup IPO mimic the same concept but with real tokenized shares of startups.

  • Equity Tokenization: Start: Startups allocate 20% of the fund raised to seed the liquidity pool, paired with an equivalent tokenized shares value. Fundraising target is $1M with a pool depth of $400,000.
  • Fundraising & Seeding Liquidity: Startups allocate 20% of the fund raised to seed the liquidity pool, paired with an equivalent tokenized shares value. Fundraising target is $1M with a pool depth of $400,000.
  • Claiming Shares: After fundraising, investors receive 40% of tokenized shares at TGE, and the remaining 60% vested over one year.
  • Guaranteed Liquidity: Startups are obliged to maintain liquidity in the pool, preserving liquidity.
  • Money Market Integration: Token holders can venture into a new asset class, leveraging Money Market protocols for additional yields.

We believe the biggest opportunity for DeFi to mature is bridging RWA to DeFi protocols, especially leveraging Swiss regulation to ensure legal clarity.

Upcoming Startup IPO!

We look forward to answering all your questions during the AMA and on November 11th the worldwide first Startup IPO of Money Masters will go live on Arcton and a sharedrop for those who will participate. You can find more information here in oud docs.

Our channels

Discord

Twitter

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