Post
Topic
Re: [ANN][ICO]SMARTLANDS - ✅low-risk 🚀future-proof🌱agricultural tokens. Reserve NOW!
by
Aessa81
on 18/10/2017, 12:50:03 UTC
The Smartlands team continues to work hard on the creation of the Platform! We are always glad to keep you updated on the latest news.
The updated Lightpaper is available now. In the document, we introduce a new financial instrument for the market - Smartlands INDEX Token (one token to invest in all the Platform's agricompanies).
Find Smartlands Lightpaper here:
https://medium.com/@smartlands/smartlands-lightpaper-and-index-token-model-f37e7d464f3d

When it will be available?
The Lightpaper is already available. Please use the link provided to access it.

I meant index

As it is stated in the Lightpaper and was mentioned by tokensepton: Once the number of ABTs of agricultural companies issued on the Platform will reach five, the Platform will construct the index encompassing all the Platform’s agricultural ABTs. After the issue of 10 ABTs on the Platform, an index token will be issued. Proceeds of sales of the token will be used to buy ABTs proportional to the composition of the index. Such index token will make the Smartlands index of agricultural ABT investable providing an opportunity to buy all the issued agricultural ABT tokens with one action.
We expect to have 10 companies on the Platform in 2nd or 3rd quarter 2018, so that's a good proxy for Smartlands Index token creation.


OК, thanks for prompt response