In this post, we present the terms and conditions of the upcoming ETO. We also introduce the company conducting the offering — Fifth Force GmbH, which is the platform operator and legal entity behind Neufund.

Look how far we’ve come

The Neufund (Fifth Force GmbH) Equity Token Offering is the world’s first offering of equity on blockchain available to general public. Tokenization makes traditional equity faster, cheaper and easier to manage, thus more accessible. At the same time, our unique legal and technical architecture secures the rights of equity token holders, allowing those rights to be enforced both on- and off-chain.

Over the years, Neufund has become a trusted advisor to many governments, advising on the creation of a sustainable regulatory environment for Distributed Ledger Technology (DLT). We have questioned the status quo that promotes unequal opportunity and access, while leading technological developments and having one of the most active development teams across Blockchain.

And today it’s time to launch. The ETO of Neufund (Fifth Force GmbH) starts now.

What is Neufund?

Neufund provides an end-to-end solution for asset tokenization and issuance. Its open-source set of protocols for enhanced ownership allow anyone to give real-world assets a representation on the Ethereum Blockchain in the form of legally-binding security tokens.

The first application of our company’s tech and legal architecture are “Equity Tokens” which enable companies to conduct regulated offerings on Blockchain. Being at the legal and technical frontier Neufund advises governments on DLT regulation, supports open-source dev projects and educates financial communities around the world.

Neufund’s mission is to “Enable ownership for all” by making ownership more transparent, accessible and efficient.

Neufund Lightpaper 2.0

This Lightpaper provides a clear summary of the key points and information about the Neufund platform. The newest version of the Lightpaper goes a little further than our last version of the technology Whitepaper.

Since publishing the last version of the Lightpaper and Whitepaper, our view on how we can use Neufund’s underlying legal & technological architecture has expanded, and now includes not only tokenizing equity in companies, but real-world assets in general.

Read the updated Lightpaper here →

What differentiates Neufund?

What makes Neufund stand out from the market? It all comes back to the values which we hold dear: inclusivity, creativity and transparency.

Our set of protocols for enhanced ownership enable all of our tokens to represent legally enforceable rights, like our Equity Tokens. We are community-owned and decentralized ﹣ whoever invests through the Neufund network owns the network​. NEU token holders are economic co-owners of the platform and receive 100% of the revenues generated by it. Our core technical developments are open source and open for contribution from the community. Our technology efforts can be used freely to build other applications separate from Neufund ecosystem. We operate worldwide. Unlike our competitors, Neufund aims to accept retail investors from all around the world. Neufund isn’t just a set of protocols, but also a user-friendly issuance platform with built-in KYC/AML, legal architecture, and a team of regulatory experts. We have multiple, robust secondary market partners - MSX of Malta Stock Exchange, Binance, BitBay and Blocktrade. Our set of protocols can be used as a foundation for tokens representing different real-world assets: Equity is only the first application. Neufund aims to tokenize different types of assets in the future, like real estate or debt, as well.

Timeline

See more information about the Neufund team, product and the development plans on the ETO listing page →

Our Community

A community of prominent investors across VC, PE, startups, crypto, and retail have already committed equivalent of €12M to invest in ETOs on Neufund.

Our Partners

Read more about Neufund’s advisors, investors and partners on the ETO listing page listing →

Selected press

“This first ETO is being conducted by Neufund’s parent company, Fifth Force GmbH. While it is a regular ETO, they are also treating it as a pilot, serving as the ultimate test drive of the platform’s architecture.” Forbes

“The blockchain-based platform that Neufund is building creates a new type of ownership that is neither money nor stock, but crypto tokens which represent equity and at the same time are as liquid as a currency.” TechCrunch

“Neufund’s platform will allow investors to finance projects, while acquiring equity in the form of tradable crypto-currencies.” Reuters

“Berlin-based Neufund, an end to end security token platform, is set to host Europe’s first primary issuance of tokenized equity that is offered to the general public.” CrowdfundInsider

“The newly inked deal sees MSX team up with Neufund, a platform for securities tokenization and issuance, to build a regulated and decentralized, global stock exchange for listing and trading tokenized securities alongside crypto-assets” Coindesk

The FORCE (FTH) Token

The FORCE (FTH) Token is the first fully compliant equity token issued under German jurisdiction. It represents equity in Fifth Force GmbH, the platform operator of Neufund.

Investment terms and details

Public sale starts: 9th Dec 2018, 11am UTC

9th Dec 2018, 11am UTC Public sale duration: 7 days

7 days Presale duration: 7 days — sign up for whitelist now

7 days — sign up for whitelist now Company Pre-Money Valuation: €125,000,000

€125,000,000 Discount in the public sale: 40%

40% Min. Investment Amount: €1,223,721

€1,223,721 Max. Investment Amount: €6,608,091

€6,608,091 Min. Ticket Size: €100,000

€100,000 Max. Ticket Size: Unlimited

Unlimited Token Name: FORCE

FORCE Token Symbol: FTH

FTH Token Standard: ERC20

ERC20 Price of FTH: €0.183

€0.183 Max. FTH Supply: 46,000,000

46,000,000 1 share: 10,000 equity tokens

10,000 equity tokens Currencies accepted in ETO: ETH & EUR

ETH & EUR Token Trading: Potentially tradable

Potentially tradable Voting rights: Yes

Yes Advisory Board: No

No Liquidation Preference: No

No Token Distribution: You receive your FTH token after the investment process has been finalized

For the complete terms and conditions (e.g., associated risks), please see the Investment Memorandum on the ETO listing page →

Useful links

What are Equity Token Offerings?

An Equity Token Offering (ETO) is a novel way of fundraising, which allows any kind of company — blockchain-based or not — to issue equity tokens on Blockchain, in a public or private placement. An ETO is a hybrid investment model which combines the advantages of an IPO, an ICO, and a VC round.

Neufund’s platform serves as a primary market for the issuance of blockchain-based tokens that represent private equity. Equity Tokens are universal security tokens. Both traditional and crypto investors can invest.

Join our community

Become a part of the conversation on security tokens, Blockchain-based fundraising and tokenizing assets.