Security Tokens: 52
Upcoming: 1
Main sale: 6
Funded: 6
STOscope on TwitterFollow us!

TradeCloud TC

Digitalising the Commodities industry

Description

Up to now, no one has produced an effective platform to bring commodity buyers and sellers together. The current method of checking availability and price discovering is conducted via email, phone, and chat, often using traders or brokers as intermediaries.
Designed by people who really understand the business, the platform works in a unique and subtle way. TradeCloud can build well-organised market places for differentiated, but similar products. The result is that TradeCloud brings all interested parties together to facilitate the most optimal trade. It does this in an efficient, secure and compliant way.
Live since October, 2017, TradeCloud has more than 200 member companies in 36 countries. Over US$ 600,000,000 worth of trades have been initiated on the platform.
The initial launch has focused on refined metals and recycled products, but TradeCloud will grow into a multi-commodity platform covering energy and agricultural products.
Tradecloud aims to build the Commodities Web on the blockchain whereby connected services such as freight, finance and insurance can drive a digital change across the commodities industry.
screenshot

General information

Private sale Ongoing
From January 15, 2019

Legal

Company name:
Trade Cloud Services Pte. Ltd.
Country of incorporation:
Company address:
1 North Bridge Road, High Street Centre, #08-08, Singapore 179094
KYC:
KYC stands for “Know Your Customer”. It’s the process of identity verification of the customer. Each backer is supposed to pass the KYC procedure and provide their credentials in order to participate in this STO.
AML:
The term AML (Anti-Money Laundering) refers to a variety of policies, laws and regulations aimed at combating income generation through fraud.

Asset

Asset class:
A group of securities that exhibits similar characteristics, behaves similarly in the marketplace and is subject to the same laws and regulations. The five main asset classes are equities (stocks), fixed income (bonds), cash equivalents (money market instruments), real estate, funds.
Token rights:
Tokens give their owner the right to implement investment interests. It may be dividends, voting rights, etc.

Token details

Symbol:
TC

Financial information

Accepts:
BTC, ETH
Minimum goal:
Soft cap is the minimum amount of money an STO set to receive from investors. If the soft cap is not met, the money is returned to investors.
5,000,000 USD
Fundraising goal:
Hard cap is the maximum amount of money an STO set to receive from investors. If the hard cap is reached the offering stops.
45,000,000 USD
Min. investment:
Private sale - $25,000 | Public sale - $10,000

Milestones

August 2016
TradeCloud established
February 2017
Platform build starts
October 2017
Platform goes live
August 2018
STO project started
November 2018
$500,000M of transactions initiated on TradeCloud. 200 customers, 36 countries
January 2019
Pre-Sale process starts
Post FINMA no action letter
Private and Public sale

Team members (4)

team
Simon Collins
team
Matthew Botell
team
Mark Cheong
team
Justin Wilson

What do you think?

Other STOs