Maximum 107,000* Class B Units ($107,000)
*Maximum subject to adjustment for bonus shares. See 10% Bonus below
Minimum 10,000 Class B Units ($10,000)
|Corporate Address||501 Pershing Ct., Hockessin, De|
|Description of Business||An asset-backed cryptocurrency combined with a funds transfer component|
|Type of Security Offered||Class B Units (the "Securities") and Moneda Tokens (the "Tokens")|
|Purchase Price of Security Offered||$1 per Class B Unit|
|Minimum Investment Amount (per investor) ||$250.00|
Right to Receive Moneda Tokens:
The Offering includes the right to receive, one (1) Moneda Token for every $1 invested.
For example, an investment of $500 would entitle the investor to 500 Moneda Tokens.
In addition, the following bonuses will apply:
$1,000 — If you invest $1,000, you will receive an additional 10% Moneda Tokens. (a $1,000 investment = 100-Token bonus)
$2,500 — If you invest $2,500, you will receive an additional 12% Moneda Tokens. (a $2,500 investment = 300-Token bonus)
$10,000 — If you invest $10,000, you will receive an additional 14% Moneda Tokens. (a $10,000 investment = 1,400-Token bonus)
Additional Bonus to early investors — this bonus will be added to the total number of Moneda Tokens authorized, including any volume bonus noted above. Minimum investment to qualify for this bonus is $500
Invest within the first seven (7) days of the Offering = 10% bonus tokens
Invest within the first fourteen (14) days of the Offering = 6% bonus tokens
Invest within the first twenty one (21) days of the Offering = 3% bonus tokens
After the first three (3) weeks (21 days), no "Additional Bonus" will be applied. The volume-based perks will still apply throughout the entire Offering.
*All perks and tokens will be delivered after the campaign is completed, and upon availability of the Tokens.
Terms of Tokens
Description: Moneda Tokens will be built on the Stellar Blockchain platform and function as the primary medium of exchange usable within our own proprietary Monetran application. Through the Monetran network, Moneda Tokens may be used for money transfers and commerce payments as a medium of exchange between any individual(s) and firm(s) which accept such a payment method. The Monetran application will be used to transfer Moneda between users as well as convert Moneda Tokens to applicable fiat currency.
- Initial Blockchain: Stellar
- Migration to Alternative Blockchain: None planned
- Expected Network Launch date: 12/1/18
- Total amount of Tokens authorized for creation: 60,000,000 (subject to change without notice)
- Amount of Tokens or Rights to Tokens already issued: None
- Will they be listed on Exchanges: The token is currently intended to be listed on exchanges, but this may change, pending approval to list on such exchanges, changes to the regulatory landscape, or any other reason. Security Tokens may be eligible for trading on SEC approved alternate trading platforms as they become available. There is no guarantee that such a trading platform will be available at that time.
- if so, which: Stellar Decentralized Exchange
Other Material Terms:
- Voting Rights: None
- Restrictions on Transfer: 1 year from closing of Offering
- Dividends/Distributions: None
- Redemption Rights: None
- Other: None
The Company currently does not have a functional distributed ledger based business model nor a blockchain based token and there is no guarantee that such will be developed in the future. The promise of future tokens is contingent upon the successful development of such items. There is no guarantee that successful development will ever occur. The right to receive future tokens and the offering of future tokens is being offered as part of this offering exempt from registration under Regulation CF.
Tax Advisory: Investors should consult their tax advisors with respect to the tax basis for each of the Class B Units and the Moneda tokens, since they will trade independently.
Jurisdictions: No Investor who (i) resides, (ii) is located, (iii) has a place of business, or (iv) is conducting business (any of which makes the Investor a “Resident”) in the state of New York will be accepted in this offering.
The 10% Bonus for StartEngine Shareholders
Monetran will offer 10% additional bonus units for all investments that are committed by StartEngine Crowdfunding Inc. holders (with ≥ $1,000 invested in the StartEngine Reg A+ campaign) within 24 hours of this offering going live.
StartEngine holders who have invested $1,000+ in the StartEngine Reg A+ campaign will receive a 10% bonus on this offering within a 24-hour window of their campaign launch date. This means you will receive a bonus for any units you purchase. For example, if you buy 100 units at $1/ unit, you will receive 10 bonus unit, meaning you'll own 110 units for $100. Fractional units will not be distributed and unit bonuses will be determined by rounding down to the nearest whole unit.
This 10% Bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors receive their countersigned StartEngine Crowdfunding Inc. subscription agreement.
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.