Max Property Group Creates Security Tokens on Ignis Blockchain
MPG Tokenising Shares
Max Property Group B.V., the Dutch company that owns both Max Crowdfund and the Max Property Funds, has tokenised part of its shares on IGNIS as a Controlled Asset. The Security Tokens are called ‘MPGS’ and represent Max Property Group B.V. certified shares, as will be reflected in the official share register of the company. The certified shares have the same rights to profit and company ownership as normal shares, but have no voting rights. These shares will be controlled by a STAK, which is a Dutch Foundation.
IMPORTANT: The Asset ID is 7646766282089936451 and you need to verify both the ticker symbol (MPGS) and the ID prior to trading the Asset.
Lior Yaffe, Co-Founder of Jelurida, the company behind the famous NXT and Ardor Blockchain, visited the Max Property Group offices in Rotterdam on Monday the 23rd September to discuss this process.
Important Information for Early MPG Buyers
Those who purchased MPG tokens during the PRE-ITO and ITO Phase I in 2018 will be allowed to exchange their MPG tokens for MPG shares, subject to conditions and jurisdictional restrictions. For example, US nationals or residents of countries on the sanction list, will not be eligible.
ALL MPG TOKENS EXCHANGED WILL BE BURNED
Due to regulation affecting securities offerings, all MPG token holders will be contacted individually to discuss the process. Additional news will also be forthcoming in the next weeks/months, but if you have any questions regarding the above do not hesitate to contact us via email. Please only contact us from the email address registered on Max Crowdfund so that we can more easily identify you.
Remember that we have also committed to burn all the MPG tokens left from the PRE-ITO and ITO Phase I wallets and both of these events have now successfully been concluded, as can be seen in the Ardor burn wallet.
The Second Phase of the MPG Token Offering Announced
The Max Property Group has announced the launch of phase II of its MPG token offering via trading competitions from the 1st of October 2019 until the 15th of December 2019 as well as buy and earn programs from the 1st of October 2019 until the end of 2020.
