Crypto Startup for Sale in Prague, Czech Republic
Established VASP with Lithuanian bank account and KYC-integrated ICO page, offered at a deep discount.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Crypto |
| Locations | Prague |
| Local Time | 12:40 PM Europe / Budapest |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
7.2 thousand
(Native Currency: HUF 2,527,000)
Reason: Selling a fully established VASP (Virtual Asset Service Provider) company that took years to set up,...
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Interested to connect with advisors
Documents
Memorandum of association
(7.4 MB)
Company registration certificate
(2.2 MB)
Annual report
(245.8 KB)
AML-CFT
(632.4 KB)
Risk Assessment Policy
(145.8 KB)
Business Overview
- We are a virtual asset service business providing a platform for users to trade virtual assets.
- The business currently boasts 66 registered users on its platform.
- However, there have been no sales transactions to date.
- The registration for the users is free.
- This highlights the initial user interest and potential for growth, indicating a foundation upon which to build a successful revenue model.
- Further development and strategic marketing efforts could leverage this initial user base to generate sales and expand the business's reach.
- Revenue can be generated through selling tokens and charging a fee on the trade of tokens.
- The platform development was outsourced to a third party but the company has the source code.
- The founder has nearly 8 years of experience in this industry.
- We have a commercial license and a trade licence.
- The business owner uses an active Hungarian number but the business is located in the Czech Republic.
- The business currently boasts 66 registered users on its platform.
- However, there have been no sales transactions to date.
- The registration for the users is free.
- This highlights the initial user interest and potential for growth, indicating a foundation upon which to build a successful revenue model.
- Further development and strategic marketing efforts could leverage this initial user base to generate sales and expand the business's reach.
- Revenue can be generated through selling tokens and charging a fee on the trade of tokens.
- The platform development was outsourced to a third party but the company has the source code.
- The founder has nearly 8 years of experience in this industry.
- We have a commercial license and a trade licence.
- The business owner uses an active Hungarian number but the business is located in the Czech Republic.
Products & Services Overview
The business's primary offering, the token, was designed for the utilization of AI functionalities but has not yet been sold. This token was intended to facilitate access to advanced AI features for users, preparing the groundwork for a unique service in the crypto and AI integration space.
Assets Overview
There are no physical assets in the business. Intangible assets include:1. Token: A fully developed ERC-20 token on the live Polygon network, with a total supply of 10 billion, designed to provide access to AI-based services.
2. Authorization for Virtual Asset Services: The company is authorized to provide services related to virtual assets.
3. ICO Landing Page: Integrated with Metamask and the Coinbase Wallet SDK for ICO purposes.
4. AML/CFT Policy and Risk Assessment Policy: Own Anti-Money Laundering and Counter-Financing of Terrorism policy, along with a comprehensive risk assessment policy.
5. KYC and AML Procedures: Mandatory procedures performed by the already integrated AI for coin purchases.
6. Legal Preparations for MICA Compliance: Prepared regulation-compliant whitepaper.
7. Online Presence: Established presence on Twitter, Facebook, LinkedIn, YouTube, and a Discord server with 129 active members.
8. Marketing Budget: A total of 2213 USD available for marketing advertisements on platforms like Hypelab, Slise, & Persona3.
9. Bank Account in Lithuania: A functional bank account already set up for business transactions.
10. Accounting System: We utilize an outsourced accounting firm specialized in the accounting of crypto transactions, based in the Czech Republic.
Facilities Overview
Our facility is a virtual office in Prague, offering a prestigious address and essential services without the physical space, keeping overheads low.
Capitalization Overview
- The business is currently funded entirely through equity.- There are no outstanding debts or loans.
- The founders have invested their own money into the company.
- There are three investors in total: myself, holding 85.03% of the shares, a second investor with 2.38%, and a third investor at 12.59%. The sale concerns 100% of the company's shares.
Recent Activity
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Earlier than 15 daysCEO, Payment Services, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Blockchain Technology, Chicago, Corporate Investor / Buyer connected with the Business
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