Transfer of MegafanToken to shareholders

Megafanstore Marketing has, as previously announced, generated the megafan token on the Stellar Blockchain, which represents the respective stock. The first MegafanToken have already been delivered. All shareholders can now receive 10 Megafan tokens each to their respective wallet. The actual delivery of the entire stock takes place after approval by BaFin. Here are details clarified. In particular, a certain lock-up period is currently being considered. For example, this could be defined as giving shareholders with a holding of more than 1% only 25% of their shares at the beginning, and then after another quarter the next 25% of their holdings. In addition, the transfer agreement is still being examined.

The process of wallet opening and transfer has proven to be very simple.

1. Wallet opening on stellarport.io/home

2. After wallet opening, the wallet must still be activated by depositing 10 XLM (Lumens) on the wallet. This takes over Megafanstore Marketing Ltd. For this purpose, the public address must be sent to Megafanstore. Then a carry of 10 XLM lumens.

3. Once the wallet is activated, the respective wallet owner must set a trustline with the Megafan token. This can be easily done in the menu “Asset” / Overview. In the scroll menu, enter the shortcut of the MegafanToken (MT) and then agree to MT as a trusted asset.

4. Once the Trustline is installed, 10 megafantoken will be transferred to the wallet.

5. An extradition request, which must be signed by each shareholder, will be sent to the shareholders upon approval by the BaFin. After receipt of the signed application, the delivery to the shareholders will take place immediately.

Each shareholder thus has access and direct disposal through his participation in Megafanstore Marketing Ltd. and is thus able to easily transfer or sell tokens to third parties. Regardless of this process, the public offering of Megafanstore shares continues to run at a price of € 1.50 per share.

In the near future, an STO with an approved BafinProspekt (Token Offering) is planned. The offer price of the new shares will then be around EUR 2.5 per Megafanstore share. At the same time, trading will take place on the Stellar Exchange.

Here an open order book as well as an uncomplicated trade out of the Wallet is possible. Trading on the Stellar Exchange gives millions of crypto investors the opportunity to trade shares or tokens on megafanstores.

Megafantoken on the Stellar Blockchain:

The public account of the Megafan Token can be seen here:

To get the Megafan tokens or to buy and sell you need a wallet on Stellar Port:

Stellaport has an integrated web interface for easy and simple trading on the Stellar DEX Exchange. The Stellar DEX Exchange will present a fully transparent open order book market.

All orders, ie buy and sell orders are displayed with volume and price.

Further information about the establishment of the wallet, the delivery of the tokens as well as the upcoming STO and the trading at the Exchange will take place continuously via the website https://megafan-sto.eu/ as well as via the telegram groups.