Announcing: No Token Lockup for Non-US Persons 

After the ICO, non-US persons will be able to convert their SAFTs into tokens and and trade them on the exchanges. We don’t have an end date set for the ICO, but we are estimating it to be about 10-12 weeks after it begins  (it begins May 28th). Token holders will be able to sell … Continue reading “Announcing: No Token Lockup for Non-US Persons “

Announcing: No Token Lockup for Non-US Persons 

ICOAfter the ICO, non-US persons will be able to convert their SAFTs into tokens and and trade them on the exchanges. We don’t have an end date set for the ICO, but we are estimating it to be about 10-12 weeks after it begins  (it begins May 28th).

Token holders will be able to sell to people on a whitelist.

Whitelist

A white list would include people who have completed s KYC/AML check and are non-US Persons.

 

US-Person Definition

Any US citizen or resident or business that is registered and has US as a primary place of business or anyone who is present in the US at the time of the transaction (even non-US citizens). This includes US citizens who reside outside of the US.  Read more about why US-persons are restricted by the SEC.

Exchanges

Token holders will be able to trade their ShoCoins on Stellar exchange for ETH and BTC.

 

Armin Ebrahimi is Founder and CEO of ShoCard, a digital identity verification system that protects consumer privacy through patented use of mobile devices and the blockchain. An industry veteran, he brings more than 30 years of experience in scalable platforms, online services, mobile-development and digital advertising to the ShoCard team.

Before founding ShoCard, Armin was the CEO of Advertising.com Dynamic Retargeting, an AOL company. Prior to filling this role, he was Senior Vice President of Platform Engineering at Yahoo, with responsibility for Yahoo’s registration and anti-fraud platform services. He also built Yahoo’s original Display Advertising platform that served more than 20 billion transactions a day. Armin founded and was CEO of TRIicon Solutions, acquired by Tandem Computers.

Author: Armin Ebrahimi

Armin Ebrahimi is Founder and CEO of ShoCard, a digital identity verification system that protects consumer privacy through patented use of mobile devices and the blockchain. An industry veteran, he brings more than 30 years of experience in scalable platforms, online services, mobile-development and digital advertising to the ShoCard team. Before founding ShoCard, Armin was the CEO of Advertising.com Dynamic Retargeting, an AOL company. Prior to filling this role, he was Senior Vice President of Platform Engineering at Yahoo, with responsibility for Yahoo’s registration and anti-fraud platform services. He also built Yahoo’s original Display Advertising platform that served more than 20 billion transactions a day. Armin founded and was CEO of TRIicon Solutions, acquired by Tandem Computers.

0 0 0