Quote from: Tushar Ramani on Today at 06:19:23 PM

My very first transaction was on Exodus and I love using the wallet. After a long time, I updated it and saw that it is holding a public offering. Here is the official statement:

Quote

Exodus Movement, Inc., a Delaware corporation, is pleased to announce that it is considering a potential offering of up to $50 million of shares of its Class A common stock pursuant to Regulation A. Both accredited investors and non-accredited investors ("qualified investors") would be able to participate in the potential Regulation A offering.

Investors will have to pass KYC through Securitize to be able to invest in its share quoted $25 per unit (estimate). I posted this thread to know about some uncleared questions.

The company's revenue is from exchange spreads so will they be able to pay a certain percentage of their income to shareholders?
If yes to the above question, how will it be paid?
What is the company's revenue at the moment?
What is the total volume of issued shares and how much of them will be reserved for the company.

Has anyone gone through their KYC? Will you actually try this, on what basis?

Hi

This is actually something interesting for sure. I do think that if you are thinking about investing something big, then if you try and message them I do think they will try and tell the people about the revenues and such but you know these things are something that keeps on changing every now and then so I do think that you cannot expect much from them as a straight away answer.

But their wallet have been good in the market since a very long time and they have been strong too therefore I do think that it won't be much scary as an investment and you can maybe earn a good amount of money depending on how much you are investing.

(Honestly speaking I would just go and Invest in bitcoins and ethereum these stocks and shares are not something that I would go for since they will be more centralized and you would have less control , better to see all the options you have)