Final Round Private Presale Q&A

  • November 1, 2018

What is SMART VALOR?

SMART VALOR is a Swiss financial technology company founded in April 2017 with subsidiaries in Munich (Germany) and Vaduz (Liechtenstein). The company has been selected from hundreds of applications to Thomson Reuters Incubator program in summer 2017 and is currently headquartered in Thomson Reuters offices in Baar (Kanton Zug, Switzerland). Forbes named SMART VALOR “Europe’s top 10 most exciting SME” in 2018. The SMART VALOR platform is the world’s first marketplace for tokenized alternative investments. It is made to give investors from around the world easy, secure and compliant access to the world of alternative investments. Cryptocurrencies are only one of the newer categories of alternative investments. In the more traditional part of alternative investments - such as venture capital, real estate and private companies’ - the tokenization of assets is a true gamechanger. It creates better liquidity and accessibility through issuance and transfer on the blockchain. Therefore, it has a potential to democratize access to wealth and investments in this exclusive area. The first assets to be tokenized on SMART VALOR will be Venture Capital funds, real estate, young tech companies and fiat currency. The launch of the platform with cryptocurrencies, utility and payment tokens is scheduled for the end of 2018. On 28th of October the company officially launched Early Access Program for up to 5.000 users.

Under which regulations does SMART VALOR operate?

SMART VALOR is set to be the first fully regulated platform for security tokens operating out of Switzerland and Liechtenstein. All the three major regulatory milestones have been achieved so far: 1) In Switzerland the company has received the status of Financial Intermediary; 2) in Liechtenstein it has received the confirmation to operate a fiat and currency exchange; 3) it has applied for a banking license in Liechtenstein. The latter, once granted, will give the company access to the 26 European countries for distribution of security tokens and deposit taking activity.

When does presale of VALOR cryptocurrency run?

During the period 1-26 November SMART VALOR opens the final presale round of its own cryptocurrency: VALOR. In the previous rounds the company received 7 million VALOR token. It is supported by collection of acknowledged Swiss and international investors and advisors such as Stephane Pictet, John Henry Clippinger, Markus Rinderer and David Johnson as well as eight Venture Capital funds from US, Europe and Asia.  

Whom the presale is meant for?

The participation of contributors is designed around core user groups of the platform:
  1. Progressive investors: Want to be the first to access the exciting world of tokenized real assets with better liquidity and compliant practice?
  2. Young tech companies, funds, project developers: Searching for a premium platform for distribution of your security token backed by real asset? One-stop shop for tokenization and distribution of utility and security tokens in trusted jurisdiction (Switzerland) including compliant onboarding (AML/KYC) and secondary market liquidity.
  3. Crypto investor: interested in gaining exposure to new digital asset class? Discover leading cryptocurrencies and protocol tokens while benefiting from secure custody solution and compliant onboarding (AML/KYC)
  4. Professionals: Financial industry expert but want to try out something new? Use your expertise and earn VALOR cryptocurrency. Submit suggestion for assets to be listed on SMART VALOR platform or co-syndicate with us a great investment opportunity. Or maybe you can write delicious code? There will be many ways to contribute and lead the digital assets revolution.

How does the VALOR token work?

The VALOR cryptocurrency has several functions such as providing access to the platform (membership), payment, rewards and voting. Staking If you have participated in presale of VALOR cryptocurrency, you can stake your token to become a premium member. Premium memberships are connected to exclusive rights such as:
  1. VALOR PRIME Investor: early access to upcoming issues, preferred access to oversubscribed listings, voting on listing of the assets, etc. (staking 1’000 VALOR)
  2. VALOR PRIME Partner: priority listing of your utility or security token on the SMART VALOR platform; participation in issuance/deployment of Swiss Franc stable coin (CHFt); fast track institutional bank account opening, etc. (staking 200’000 VALOR)
  3. VALOR Contributor: participation in task marketplace and rewards for contributed work (staking 250 VALOR)
  The price development of the VALOR is expected to be a function of supply and demand. On one side, the supply within the next years is limited by the amount of the tokens in circulation. The hard cap for ICO is fixed at 45 million of VALOR token. On the other side, the demand will be driven by the volume of the new listings and number of PRIME investors on the platform. As asset issuers are required to stake VALOR for 12 months during the listing of their asset-backed tokens, the demand for the VALOR token will be driven by the number of new listings. Therefore, as the platform scales, the demand for the VALOR token increases.
Payment Any user can choose to pay for services on the SMART VALOR Platform, such as listing fees, transaction fees, custody fees in the native cryptocurrency, the VALOR. In this case the user pays 30% less fees during the first year and 20-10% less during the following years. This creates an incentive for asset issuers and investors to purchase VALOR to pay for usage of the platform.
Rewards Rewards are offered to active contributors to the platform. There are various programs for the different stakeholder groups, e.g. rewards for active investors, paybacks for asset issuers, rewards for contributors of work. Membership status is needed to access most of the reward programs.
Voting In order to ensure the further development of the platform is in line with its members interests, regular surveys and voting polls are conducted. Holding VALOR tokens enables the participation. Depending on the vote, the participant’s quantity of VALOR tokens will be used in weighing the results.  
Listing of the VALOR cryptocurrency The VALOR token will be among the first tokens to be listed on the SMART VALOR. It will be followed by trading of selected crypto currencies, utility and payment token prior to the roll out of security tokens in a second stage of platform implementation in Q2 2019. The distribution of the token is expected 30 days after the closure of the ICO.  
Details of the current round VALOR token is an ERC-20 compliant token that will be issued on public Ethereum blockchain. The token is classified as a hybrid token: a combination of utility and payment token. Issue Price:CHF 1.00 (Swiss Franc) Base Bonus Round 3: 35% Additional Bonuses available:
  • 5% bonus for additional 6-month lock-up
  • 5% bonus for participation between CHF 50’000 and CHF 100’000
  • 10%-bonus for participation ≥ CHF 100’000
 
  • Minimal contribution: CHF 1’000
  • Start:  Thursday, 1st of November 2018
  • Finish: Monday, 26th of November 2018 at 23:59 CET (midnight)
  • Amount: up to 8 million VALOR tokens available
  For further information on the VALOR token, implementation roadmap, business model and technology behind SMART VALOR please refer to the White Paper. Register for this Presale here and become part of the democratization of wealth and access to financial instruments in full compliance. Disclaimer: SMART VALOR reserves the right to change the distribution schedule and/or impose additional restrictions on transfer and resale if required by legal regulation. You should also review our most recent FAQs, Whitepaper and Subscription Agreement for a more complete discussion of these and other risk factors, particularly under in the Annex “Risk Factors.” in the presale agreements.