PO8

PO8

Bringing Marine Archaeology to the Blockchain
Industry: Technology | Jurisdiction: Bahamas
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Token Sale

  • Private Sale Start
  • Private Sale End
  • Token Supply
  • Price

  • Pre-Sale Start
  • Pre-Sale End
  • Token Supply
  • Price

  • STO Sale Start 8 Mar 2019
  • STO Sale End 30 Jul 2019
  • Token Supply
  • Price 5

  • Accepted Currencies USD, BTC, ETH, LTC, BCH
  • Offering Size 50000000
  • Minimum Investment 10000

Token Details

  • Token Name Security PO8 Token
  • Token Symbol SPO8
  • Token Price $5.00
  • Blockchain Platform Ethereum
  • Issuance Platform Pending
  • Standard ERC20
  • Contract Address 0x68aCDB77078A40ae90b9aac4bDA363c801AfAF64
  • Token Symbol SPO8
  • Registration Country Bahamas
  • Restriction - KYC Yes
  • Restriction - Whitelist Yes


Offering Details

  • Offering Type Equity Interest
  • Offering Memorandum Click to view
  • Token Benefits & Rights:

Offering Terms Description:

Return on Investment:

40%

Terms of Escrow:

Subscription amounts will be deposited in an escrow account with the Escrow Agent, who will accept and verify all subscription receipts and will only release the funds to the Company when all conditions of this Offering are met.

 

Equity Ownership:

Holders of the Ordinary Shares who have an equity interest in the Company. 

Referendum Rights:

Holders of the Ordinary Shares have Referendum rights.

Registration:

Evidence of ownership will be evidenced by book entry. No certificates will be issued for the Ordinary Shares. SPO8 Security Tokens will be issued. 

Security Token Delivery:

SPO8 are automatically delivered to the Ethereum wallet address used to contribute ETH during the token sale upon verification of your KYC/AML compliance and receipt of the appropriate amount of ETH. Issuance of SPO8s are done by the Issuing Agent and Registrar & Transfer Agent, Leno Corporate Services Limited. 

Fluctuating ETH Value: 

The contribution funds are in the form of ETH (Ether or Ethereum), which has a fluctuating value due to its tradability on the market. While the US Dollar price per token in this STO Offering will be set as close as possible to the initial US$5.00 per Share Token, fluctuations in the ETH value may result in some price discrepancies. Should there be a significant change in ETH value exceeding 10% in either direction, then the Company reserves the right to change the number of SPO8 Tokens delivered per ETH contribution. The number of SPO8 Tokens actually delivered shall be determined at the time of contribution prior to KYC/AML verification. 

Token Distribution Details:

Reserve - 60%
STO Offering - 20%
Bounties - 12%
Team - 8%

Proceeds Allocation:

Development - 65%
Admin - 15%
Marketing - 10%
Inventory - 5%
Legal - 5%

Company Profile

  • Corporation Name PO8 Ltd.
  • Company Type Corporation
  • Country of Incorporation Bahamas
  • Date of Incorporation 04/03/2019

Address:

Pineapple Place, Bernard Road

Nassau,
Bahamas

  • Phone (242) 396-3225
  • Email info@po8.io

Company Verifications

  • CIK#
  • CRD#
  • SEC#
  • CUSIP#
  • ISIN#


Company Management

Name Title Linkedin
Matthew ArnettCo-founder and CEO
Raul VasquezCo-founder and COO
Ahn NguyenCTO
P. Jillian BethelDirector of Partnerships and Development
Dana YuDirector of Community - Asia
David GalloVP of Exploration
Claudio BonifacioChief Artifacts Officer
Evan KovacsDirector of Expeditions
Bill LangeDirector of Advance Imaging and Visualization
Troy LaunayDirector of Salvage Operations

Advisors

Name Title Linkedin
Don CornishMinistry of Local Government, West Grand Bahama, Bahamas
Gary SmithBahamas Agricultural and Industrial Corporations (BAIC)
Theo BurrowsPartner, Graham Thompson, The Bahamas
Frederick ArnettThe Nature Conservancy, The Bahamas
Jun HaoFounder, BlockConnectors, Singapore
Jin JiahaoVenture Capitalist, Partner at Sequoia Capital China

Notes

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