As part of our mission to support and drive change in the tokenization sector, SolidBlock is excited to announce that we are providing a complementary STO advisory package, waiving initial fees for commencing the STO process with Solidblock, which also includes establishing a business and tokenomics model for smart contract development, for one of the contestants in the STO Battle, part of the Malta AI & Blockchain Summit to be held on May 23-24, 2019. We will also be offering specially discounted pricing for all other competitors in the STO Battle.
The STO Battle will bring together some of the most innovative concepts in the blockchain and tokenization space, setting entrepreneurs in front of a Shark Tank style audience – except that instead of only five panelists, they’re facing off against hundreds of fintech industry experts, investors, and many others, including a panel of judges who will be awarding the grand prize of €100,000.
The prize will be awarded based on many criteria, including the STO’s white paper and feasibility of the project.
SolidBlock has decided to welcome all participants and not only the grand prize winner in recognition of all the hard work that goes into participating in a high-pressure contest like this one.
“Just to participate, companies need to have a great business model and a credible white paper,” says SolidBlock’s CMO Yael Tamar, who’s also one of the contest judges. “They’ve put in that research, on top of which they have to have the guts to get up on stage and put themselves in the line of fire. We want to recognize that, we believe every one of these ideas has huge potential.”
SolidBlock’s tokenization model has already shown proven success in last year’s $18 million tokenization of the St. Regis Aspen resort, and has been further refined and honed to create a streamlined model that will guide the process of tokenizing any asset from start to finish.
By working hand-in-hand with the STO Battle entrepreneurs and winner, SolidBlock plans to usher in a wide variety of innovative and exciting new use cases for tokenization. This in turn will help build blockchain’s credibility in the financial universe and further demonstrate its ability to disrupt, democratize, and streamline the traditional investments sector.
All STO Battle participants are invited to contact SolidBlock before or during the summit to find out how we can help you make your innovative STO project a reality.