🔝Second meet up of Security Token club took place in Singapore on the second day of Consensus conference. Our community expands! :) Report: https://bit.ly/2IdJiZM
🎥MovieCoin project seeks to democratise Hollywood by issuing security tokens that will provide their holders with an ownership stake in a fund of real life TV and cinema assets. The company aims at attracting $250 million to finance 60 movies during the following 6 years.
🥗Agriculture tokenisation: Producers Market platform will issue a security token to help farmers maximize their profits.
🤝One of the most active teams on STO market Polymath has partnered up with a tokenised assets trading platform Blocktrade.com.
😵Representative of Monetary Authority of Singapore (MAS) announced in his Consensus statement that no utility tokens that they reviewed are securities. This position is absolutely contradictory to those of China and US regulators.
📚One of Japan’s biggest invest banks Daiwa Securities Group will initiated studies on practical application of blockchain tech in securities business. A total 25 companies including such giants as Nomura, Mizuho and Goldman Sachs will join the initiative. The initiative will function up to January 2019 in order to develop the industry standards.