We are approaching the security token market from an end-user's direction, focusing our development on a working platform that people can access and use for property investing.
ROTTERDAM, Netherlands (PRWEB) January 17, 2019
The race to become the first platform offering Security Token Offerings (STOs) is mostly being run by dApp developers, on the Ethereum network, but no-one has issued a working platform on which users can actually buy and trade STOs, until now.
Whilst organisations like Polymath have taken a back-end approach to STO issuance, Max Property Group (MPG), a property investment company from the Netherlands, has been developing a front-end focused property crowdfunding platform. It may not enjoy the same hype as some of the better known dApp developers or protocol builders but Max Crowdfund is a functioning property platform with over 70,000 users in 180 countries, operational in over 20 languages.
The platform has been built on an Ardor child chain and some of its users can already buy STOs in the form of property bonds. With today’s announcement of being listed on a public exchange, they are well on the road to becoming one of the leading organisations to have tradable Security Tokens on a blockchain.
Max Crowdfund, previously Dominium, is an asset backed (property) crowdfunding platform on which approved users can invest in property backed assets from as little as €1,000. The assets currently on offer are exempt from regulation in the Netherlands, and investors can already invest in these assets, making them security tokens in every sense. (Users outside the Netherlands may also potentially invest in these assets, subject to local regulations).
MPG is currently developing the functionality for third parties to create assets on the blockchain, using the asset creation tool on the Ignis childchain. Once this process is complete, they will be able to offer tradable Security Tokens on a blockchain. In order to allow traders to actively trade these assets, appropriate licenses will be sought from regulators in the Netherlands and Europe where new crowdfunding regulation is being developed by the European Union.
The Max Property Group blockchain went live on the 9th of January 2019 on Ardor and MPG is already being traded on the decentralised coin exchange on Ardor. On Thursday the 17th of January the MPG token is being listed on the public exchange Stex.com and anyone willing to buy or sell MPG for BTC can do so from 12:00 CET onwards. The ETH trading pair will follow several weeks later and Max Property Group is applying for listing on several other exchanges.
About Max Property Group
Max Property Group (MPG) is an international syndicate of property professionals with decades of experience in property investing, rentals and fund management. MPG began operating in 2015 and launched its ﬁrst property fund in 2016. Further funds followed in the UK and Germany adopting similar business models and adhering to local regulatory practices. In 2017, the Company Principles decided to take steps to streamline its business activities by reducing administrative and marketing tasks, and in early 2018 began developing an international property platform with long-term associate Munte Immobilien and other team members. In addition to the Max Crowdfund platform, the group offers services which include property investment funds, investment property sales, management services, rental services and a property investing academy.
About Max Crowdfund
The Max Crowdfund platform is an online, global marketplace for property investors, project developers and real estate professionals. By tokenising assets, offering industry tools, standardising regulatory materials and translating all into multiple languages, the platform allows users to access high-quality, asset backed property investments, trade regulated property assets and finance real estate projects.
By facilitating cross-border transactions and making property investing available in multiple languages, across multiple jurisdictions, the platform is entering an untapped market with a large global potential.