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BlockState (BKN)

STO

BlockState is a Swiss security token platform for non-bankable assets such as SME equity and debt or real estate. We digitise assets to directly connect issuers and investors.

The BlockState STO will begin on June 18, 2019. Register for the whitelist to receive early investor benefits: https://blockstate.com/blockstate-sto/

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Overview

Project industryFinance Services & Banking
Product typePlatform
FoundedSwitzerland
WhitepaperBlockState White Paper Open

What is BlockState

Our technology enables access.

  • Asset tokenization allows issuers to target both retail and institutional investors faster and more (cost-) efficiently.
  • Fractional ownership and transferability of assets and a streamlined investor UX allow issuers to address a much broader market.

Tokenization is ideal to connect issuers with investors

Tokenization bears several characteristics that fundamentally improve access between issuers and investors compared to traditional market infrastructure. Besides reducing the general costs associated with traditional issuance methods, tokenization structurally improves both the access and attractiveness of assets.

  • Low-cost issuance

Tokenization disintermediates the issuance process, saving valuable time and resources to make assets bankable.

  • Liquidity premium

Issuers benefit from secondary market liquidity as investors often pay premiums of up to 20% on liquid assets

  • Fractional ownership

Assets with previously high minimum ticket sizes can be fractionalized without any extra cost.

  • Digital management

Smart contracts enable fully digitized shareholder registry and automated corporate actions and reporting.

  • Transferability

Replacing a paper-based system with a fully digital system enables the instantaneous and global transfer of asset ownership.

  • Fast time-to-market

By standardizing and automating a large part of the issuance and management process, we minimize the time to market.

Our intuitive interfaces streamline lifecycle management

In addition to advisory on the issuance process and preferential access to our partner network, we provide full lifecycle management solutions. From legally binding structuring and issuance of assets via smart-contracts across investor management to automated reporting – our intuitive interfaces vastly simplify asset management.

  • Issuance dashboard

We guide our clients through the definition of their STO, step by step.

We generate a legally binding smart contract to tokenize our clients’ assets.

  • Management dashboard

Issuers can manage their investors directly via their corporate actions dashboard.

Besides a full shareholder registry and comms features, issuers can execute corporate actions easily.

  • Reporting dashboard

Compliant reporting and analytics are provided through automated processes.

Generate and disseminate full financial reports automatically to shareholders and regulators.

Details

Pre-sales: Jun 18, 2019 - Jun 25, 2019
Public sales: Jun 25, 2019 - Jul 12, 2019
Total tokens for sale: 10,000,000 BKN
Hard cap: 2,000,000 EUR

Legal

Blockchain Platform: Ethereum
Country limitations: Afghanistan, Bosnia, Canada, Cuba, People's Republic of Korea, Ethiopia, Guyana, Iraq, Iran, Laos, Ouganda, Sri Lanka, Sudan, Syria, Trinidad & Tobago, Tunisia, United States, Venautu, Yemen
Registration country: Switzerland
Registration year: 2017
Office address: Baarerstrasse 10, 6302 Zug, Switzerland

Token info

Ticker: BKN
Type: Cryptocurrency
Token standard: ERC20
Token price in EUR: 1 BKN = 200 EUR
Accepted currencies: EUR, USD, CHF, BTC, ETH

BlockState Roadmap

1
2018

Angel round closed

2
Q1 2019

First client
Onboarding first STO client
STO infrastructure go-live

3
Q2 2019

Launch first client STO
BlockState STO

4
Q3 2019

Private chain option (R3 Corda)
Blueprint for 5 asset types and CH & EUR jurisdictions

5
Q4 2019

>= 5 STOs conducted
Operational break even

6
H1 2020

Interoperability with leading secondary markets
Top 3 in Europe for digital asset issuance (by fee)

7
H2 2020

Automization of underwriting process

8
2021

B2B interface w.test clients

9
2022

Scaling nonEuropean market (UAE/SEA )

Project team

Paul Claudius
Paul Claudius
CEO
Paul Claudius linkedin
Michael Weber
Michael Weber
CFO
Michael Weber linkedin
Samuel Brack
Samuel Brack
CTO
Samuel Brack linkedin
Carl Bruns
Carl Bruns
CMO
Carl Bruns linkedin

Advisors

Patrick Storchenegger
Patrick Storchenegger
Co-founder, Ethereum foundation
Dr. Martin Schröder
Dr. Martin Schröder
Director SMBC Nikko Capital Markets
Dr. Martin Schröder linkedin
Ludwig Schrittenloher
Ludwig Schrittenloher
Financial Institutions DCM & Structuring, frm Credit Suisse
Ludwig Schrittenloher linkedin
Christopher Kraft
Christopher Kraft
Executive Director at Perella Weinberg Partners
Christopher Kraft linkedin
Andre Voinea
Andre Voinea
Expert in ETF structuring, asset management, strategic sales and account management
Andre Voinea linkedin
Bernhard Robbel
Bernhard Robbel
Vice President Financial Restructuring Group Houlihan Lokey
Bernhard Robbel linkedin
Bertjan Janzen
Bertjan Janzen
Partner, PwC Netherlands
Bertjan Janzen linkedin
Martin Hobler
Martin Hobler
Experienced investor and business angel
Martin Hobler linkedin
Julian Trautwein
Julian Trautwein
Head of Communications DACH & CEE, Airbnb
Julian Trautwein linkedin
John Burns
John Burns
Attorney at law, entrepreneur
John Burns linkedin

Social media

BlockState web-siteBlockState RedditBlockState MediumBlockState TelegramBlockState LinkedInBlockState X (Twitter)BlockState Facebook

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