Crypto Depository Receipts (CDRs) and cryptoshares are the natural evolution of traditional equity ownership providing all the advantages of traditional stock (aka share) ownership and the solution to its inefficiencies. The solution enables the tokenisation of both existing equity markets and all new equity issuance. More than just a functionally restricted approach, the solution delivers a suite of asset services directly via the tokens, both faster and at substantially lower cost than existing methods.
Pre-Sale Starts 2 weeks, 4 days from now
| Pre-Sale | 11/05/2018 midnight - 11/19/2018 midnight |
|---|---|
| Token Sale | Upcoming |
| Country | Singapore |
Token info
| Token | CDRX |
|---|---|
| Platform | Ethereum |
| Token Price | 0.5 USD |
| Token for sale | 200,000,000 CDRX (50%) |
| Token supply | 400,000,000 CDRX |
Investment info
| Soft cap | 5,000,000 USD |
|---|---|
| Hard cap | 100,000,000 USD |
| Accepting | ETH, BTC |
| Restricted countries | China, United States of America |
| Know Your Customer | Yes |
| Whitelist | Yes |
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1
01-Feb-18
CDR testing began with a closed set of clients.
-
2
05-Mar-18
Roadmap for regulator engagement laid out.
-
3
07-May-18
Development of Exchange started.
-
4
22-Jun-18
Agreement to use (and right to buy) sharemarket.com for Exchange.
-
5
15-Jul-18
White paper released to the public.
-
6
Q4 2018
Audit and penetration testing of Exchange begins (weekly);
Launch of Exchange (ver 0.9) - closed beta;
Indices defined;
Non-securitised market makers onboarded;
Listing service provider agreements signed;
Algo toolkit (ver 0.9 beta) launches. -
7
Q1 2019
Release of Exchange (ver 1.0);
Rating agency agreement for new issuance signed;
Launch of industry think tank – tier 1 banks and brokers, business and technology;
Algo toolkit (ver 1.0) released;
CCP agreement signed;
CDR market makers onboarded;
Regulator approvals received (small jurisdictions);
Equity CDRs open to the market in approved jurisdictions;
Exchange trading of CDRs begins among approved investors;
Extension into cash bond CDRs. -
8
Q2 2019
Indices launch and licensing (including 6 months of history); Sponsorship of collaborative R&D programme across industry and universities;
Custody service (ver 0.9 beta) launches;
Launch of institutional OTC desk. -
9
Q3 2019
Custody service (ver 1.0) released;
Extension into derivative CDRs and native issuance;
Licensing of liquidity to brokers and banks;
Purchase of stake in an authorised and regulated exchange;
Release of decentralised Exchange (ver 2.0), non-securitised. -
10
Q4 2019
Regulator approvals received (mid-sized jurisdictions).
-
11
Q4 2020
Regulator approvals received (large jurisdictions).
-
12
Q2 2021
Purchase of stake in traditional bank enabling improved ‘real-world’ integration.
Pre-Sale Starts 2 weeks, 4 days from now
| Pre-Sale | 11/05/2018 midnight - 11/19/2018 midnight |
|---|---|
| Token Sale | Upcoming |
| Country | Singapore |
Financial information
| Platform | Ethereum |
|---|---|
| Whitelist/KYC | Whitelist & KYC |
| Token price | 0.5 USD |
Interest
| Alexa rank | 4,362,381 th |
|---|---|
| Telegram participants | 732 |
| Twitter followers | 62 |
| Promotional video views | 445 |
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