CONDA is proud to introduce the world’s first legally compliant, decentralized network protocol for conducting tokenized security and equity offerings. CONDA’s tokenization solution for established financial instruments enables European companies to issue their own 100% legally compliant security or equity tokens.
The CONDA team is working to roll out this solution globally in as many jurisdictions as possible and is currently in talks with regulators across several Asian countries and the United States.
Managing Partner and Co‑Founder Daniel Horak:
We worked hard for months and held numerous coordination sessions with specialized lawyers and European regulators. Those efforts are now paying off. We are pleased to present the world’s first technical solution that makes issuing security tokens simple and effortless.
New timeline published
The CONDA ICO pre‑sale begins today, June 4, 2018, and will run for up to 60 days or until the pre‑sale hard cap of €6 million is reached. After this phase, the crowd sale will begin and run for up to 40 days or until the final target of €18 million is met. Early investors can still secure up to a 30% bonus in the pre‑sale at https://ico.conda.online.
Paul Pöltner: “Our coordination process started with European regulators. Following significant progress in those negotiations, we are now targeting legal authorities in the United States and Asia. As a result, we have made minor timing adjustments to our ICO. Based on our years of experience in the financial industry and in regulatory coordination, we are optimistic about our current efforts.”
Accelerator program
To celebrate the launch of the world’s first legally secured network protocol, CONDA AG is offering an accelerator program for companies in Austria and Germany interested in issuing their own security tokens. One applicant per country will receive access to CONDA’s full‑service platform. Companies can register soon on the ICO website at https://ico.conda.online/.
First project to launch in autumn
The first security ICO based on CONDA’s protocol will start shortly, targeting €10–20 million. “We are proud to announce the first project even before our ICO has concluded. It will begin in autumn 2018. More information will follow soon,” said Managing Partner Daniel Horak.