Thailand Starts World’s First Tradition Theme Park Security Token Offering
With advanced technology rampant in the current era, security, and privacy unexpectedly became a vital issue facing billions of people. In the business world for example, a data security breach may just cost the owner real, intangible, or financial assets. As such, crucial measures must be put in place to make sure that security is top-notch on any business and the best way to ensure data security is through what we call “tokenization”. This new technological method replaces sensitive data with unique identification symbolizing the retention of essential information about the data without any compromise for security. This way, it also reduces the vast amounts of data a business needs to keep on hand.
Proper execution of tokenization makes it more difficult for anyone and everyone to breach a company’s data security, which brings us to our topic of the day as the company handling the Legend Siam Theme Park Project has initiated real estate security token offers on a blockchain curated by Via East West Capital (VEWC), a private investment platform focusing on 100% transparency in Southeast Asia
If you’ve ever been to Thailand, you’ll know that the Legend Siam Theme Park is an internationally renowned destination and a very popular tourist spot loved by most of the world. With 65 acres of pure fun and joy, this theme park is currently said the most popular attraction in the Kingdom and the project is looking to be just as successful. With a total value estimatedly over $130 Million and a thousand slots for parking, the park capacity is said to be able to accommodate as much as 20,000 visitors.
The Legend Siam Token (LST) is a great example and representation for new coins on the market that is actually asset-backed, putting investor’s doubts at ease. This important venture also establishes a blueprint for future real estate tokenization to follow its footsteps.
In the world of Crypto, finding the right people to do the job can be troublesome and difficult at best. This is why at FIAT Exchange, we offer an all-in-one service encompassing everything there is to launching a token offering, as well as ensuring that everything is safe and transparent with all of the legalities done first. As a pioneer in the consensus industry, we offer the tools to democratize access to finance and through our platform, investors, start-ups and established companies are able to find opportunities they otherwise never would have.
At FIAT Exchange, we have consultants to help innovative start-ups, promising businesses and even well-established corporations launch their own Initial Exchange Offering, Initial Coin Offering, Security Token Offering or Reverse Token Offering effectively, efficiently and successfully. As a constituting body, we act as partners and assist each and every project from compliance, fundraising, and to final listing in our Digital Marketplace.
While there already are other operating equity crowdfunding platforms in the European Union, we are the first to expand to become a broker-dealer and introduce to our investors an alternative Smart Securities layer, offering a secondary market where investors can trade their startup securities.
If you are an Investor looking to unlock access in the FIAT Exchange ecosystem and discover new investment opportunities or if you are an Entrepreneur looking to raise capital, we can definitely help! Please feel free to contact us: support@fiatxs.com
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