PrefLogic is developing a comprehensive financing solution for entrepreneurs and businesses seeking to combine conventional equity relationships with the efficiencies offered by blockchain technology. Our STO Wizard is now capable of auto-building Security Tokens based on our proprietary SERC Token framework. When our market launch is achieved in the first quarter of 2019, our STO Token Gateway will enable a business of any size to custom-build a Security Token, implement a Security Token Offering (STO), and perform the investor relations services that customarily follow on a securities offering.
PrefLogic employs a B2B model that provides compliance-based SaaS services such as KYC/AML verification, cap table management, and shareholder notifications. Our STO Wizard will allow any business in search of capital to generate a Security Token and initiate a Security Token Offering. Through this process, the issuer will gain direct-to-investor access and the potential for global distribution. We will offer the STO Wizard to issuers for a fee, starting at $10,000 USD.
To complement the STO Wizard, our STO Token Gateway will also provide an array of the services that an issuer requires, such as Know Your Customer (KYC) verification, Anti-Money Laundering (AML) verification, cap table management, and shareholder notification capabilities. PrefLogic plans to grow both incrementally through the addition of issuer clients and exponentially through the addition of product offerings that will create multiple recurring revenue streams. As client issuers market their STO Wizard-generated tokens to investors, utilizing the
ancillary services offered in our STO Token Gateway, those KYC-verified investors will enter our gateway and be added to our database. We plan to leverage that database into revenue opportunities to the extent that government regulation and our ethical obligations to our clients and to their investors permits.