Taylor is now part of the BR11 investment fund
Taylor was select to be part of the BR11, a new security token based startup investment fund. You can also participate in this ICO.
A few weeks ago, we were invited to talk about the possibility of an equity-based investment. While the discussions evolved, we understood that it could be an excellent opportunity help us recover from the stolen funds episode (details here and here) and recapitalize Taylor to fulfill its mission of bringing cryptocurrency trading to everyone. We are thrilled to announce that we closed a deal to have a traditional round of investment in our company with the BR11 fund!
BR11 is the first Latin American Security Token Offer. BR11 allows international investors of any size access to early-stage venture capital in Brazil. The fund will run an STO (Security Token Sale, an ICO of a security token) in September and October 2018 to raise funds to invest in 11 selected Brazilian startups. As Brazilians founders, I and Thiago, and all Taylor team were amazed to be chosen to be part of this initiative.
All eleven startups in the BR11 portfolio are up and running and with incredible track records. All of them have already raised investment money. They are companies in a diverse array of segments, from bus tickets and logistics to media and urban mobility. Taylor is there to complete this diverse portfolio acting in the cryptocurrency segment and also to bring in our knowledge with token sales and help BR11 achieve its fundraising goals.
Taylor participation in BR11
Depending on the cap reached in the BR11 token sale, Taylor will receive an investment ranging from 600k USD to 1.1M USD with a valuation of almost 6.6M USD. In the best case scenario, it means that Taylor will recover a big part of the stolen money.
Some STO details
Everyone that is into ICO investment should take a look at what BR11 is offering. Here at Taylor, we believe it is an incredible opportunity to invest in some more traditional business model enjoying the benefits provided by ICOs.
- Soft Cap: 10M USD
- Hard Cap: 30M USD
- Token price: 1 BR11 token = 1 USD
Payments can be made using USD or EUR or an equivalent value in BTC or ETH.
- Pre-sale: From September 1st, 2018 at 7:00 am UTC to September 30th, 2018 at 6:00 pm UTC.
Minimum investment: 10K USD
- Main sale: From October 1st, 2018 at 7:00 am UTC to October 31st at 6:00 pm UTC.
Minimum investment: 500 USD
As always I have to thank the Taylor community for being so supportive of our journey.
Thank you very much.
Taylor — Crypto trading for everyone