France has created a singular regulatory regime for the issuance and buying and selling of digital belongings which are utility tokens. Beneath French legislation, an preliminary coin providing (ICO) issuer could apply for a “visa” to supply a utility token. If accepted, the issuer could publicly promote the digital asset providing that isn’t thought of to be a safety.
WPO, a firm founded in 2008 that companies greater than 600 wind farms and photo voltaic parks in 12 European international locations in addition to exterior the EU. The corporate stories a capability of greater than 5 gigawatts, or 1700 wind generators, and 12 million photovoltaic modules. At this time, WPO contributes electrical energy from renewable sources for the equal of about two million folks.
WPO’s ICO is for a “GreenToken” (GTK) public providing searching for a minimal quantity of €1.5 million or as much as €10 million. Purchasers could purchase a token at €95/every with a minimal of €100. The providing kicks off on September 8, 2020. You may book your tokens here – now.
The GreenToken is described as a digital asset getting used to finance a brand new enterprise mannequin for the vitality sector. WPO is launching the GreenToken Venture as an accelerator for “Power Transition.” The tokens could also be used sooner or later to accumulate items and companies from WPO and the GreenToken Community.
WPO explains that it will likely be doable to pay for these items and companies with GreenTokens and/or authorized tender forex.
Starting on December 1, 2020, GreenTokens will freely commerce on the French trade platform SAVITAR or straight inside the GreenToken Community – so purchasers could speculate on the worth of the crypto.
“This approval from the AMF is a key milestone to deliver readability and belief for buyers. We’re very proud to obtain this approval and publicly provide this extremely modern instrument, the GreenToken, to instantly invigorate and optimise the manufacturing of renewable vitality.”
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