ICO KYC Report
2 members invited
About Stonecoin
THE STONE COIN is a payment token which doesn’t require any formal approval, classified as that by the FMA (Finanzmarkt Aufsicht; regulator of Liechtenstein).
A network of points of acceptance is currently established. Therefor THE STONE COIN has a co-operation with Coinway gmbh. Coinway created the Coinway Pay App which makes crypto payments simple. In a contract, Coinway agreed to automatically include THE STONE COIN as crypto currency.
In Austria, THE STONE COIN can be purchased on crypto ATMs, soon in Switzerland as well.
THE STONE COIN contracted four crypto exchanges to list the token. LaToken will start to trade THE STONE COIN on 22 July 2019, Bitika will follow 1 August 2019. The next two exchanges (Asia and Europe) will be announced soon. The shortcut is STO (defined in the smart contract).
THE STONE COIN is committed to creating an ecologically sustainable and democratic world in which the international cooperation of free people flourishes for the good of all living beings and future generations. The crypto charity donation portal Real World Inspire (realworldinspire.org) utilizes THE STONE COIN as key currency. With the setup in this portal, it’s a fact that 95% of the donations go directly to the projects. 15 environmental and aid organizations agreed in the first presentation to use the portal. Additional information see under the link realworldinspire.org. The portal is managed by an ex-Greenpeace member.
Because of the 90 day period which a project runs, and because of the permanently increasing number of projects, an excess demand of THE STONE COIN tokens results. Organizations collect STONE COINS during 90 days and get the donations in FIAT after this time. During this 90 days, more projects are being entered which generate a higher demand than is being payed out.
To stabilize THE STONE COIN, the net funds raised by the emission of the token will be invested in the development of a substantial mainly European real estate portfolio.
From August 2019 onwards, THE STONE COIN will offers it’s own wallet app for mobile phones. With this wallet, it’s simple and easy to pay with STONE COIN tokens on all points of acceptance.
The management of THE STONE COIN consists of specialists in the fields of crypto-economics, real estate, mathematics and traditional finance business. All members of the team can provide evidence of their special knowledge and all have an immaculate reputation. Every team member has a good reputation to lose.
Consulting companies and partners:
Technics: Blocklogix, Inacta and Validity Labs, Zug Switzerland
Legal Advisors: BWB Batliner Wanger Batliner. Vaduz Liechtenstein
POS machines and ATMs: Dos-Coinway, Graz Austria
KYC process (accepted by teh authorities): Intrum Justitia, Zürich Switzerland
Trustee ad AML: Ganten-Group, Vaduz Liechtenstein
