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Crypto Startup Investment Opportunity in Singapore

Business developing a crypto-currency for the Cashmere wool industry in Mongolia.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Crypto
Locations Singapore
Local Time 9:22 AM Asia / Singapore
Listed By Advisor / Business Broker
Status Active
Overall Rating
Partial Stake Sale
USD 220 thousand for 30.0% stake (Native Currency: SGD 300,000)
Reason: For platform development, digital wallet development, exchange listing fee, office rent, internet ma... View More
Includes physical assets worth USD 70 thousand
Documents
Teaser
Business Overview

- A business developing a crypto-currency platform, based in Singapore City.

- This crypto-currency will be for and backed by the cashmere production industry in Mongolia.

- We are still in the pre-revenue phase.

- Mongolia produces 35% of all cashmere wool produced around the world.

- It is a $250 Million industry in Mongolia.

- Once the platform is created - 99 Million Cashmere Fund Tokens will be pre-mined.

- 5% is offered to the initial investor before ICO.

- 10% will be distributed among the core team,

- 85% will be sold during the ICO (initial coin offering) or IEO (initial exchange offering).

- 5% of all coin is offered for 220.000 SGD.

- Investors will be able to trade the coins. The rates will be backed by the market rates of cashmere wool.

- The funds will be used for platform development, digital wallet development, exchange listing fee, office rent, internet marketing campaign, office bills, and admin staff.

Products & Services Overview

Developing a crypto-currency for and backed by cashmere wool industry in Mongolia.

Facilities Overview

Not available. No office space currently in Singapore. We will build after raising investment.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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