Depending on local securities regulations, the general public will be able to invest in the STO in select European Union countries using Euro (EUR), Bitcoin (BTC), and Tether (USDT) starting at $100.
Infinite Fleet’s official in-game currency will be the INF token, a cryptocurrency that can be taken and purchased out of the game by players. This cryptocurrency can be transferred to a player’s crypto wallet and interacted within the game just as any in-game currency in other titles.
Investors who are not in the United States but want to invest more than $10000 will need to contact the developer directly in order to do so. This represents one of the largest capital raises by a blockchain-based gaming company so far.
Infinite Fleet’s Investment Pitch for EU Residents
The Infinite Fleet security token is issued by Exordium S.C.S. and offers equity in the Exordium parent company with the equivalent shares on future profit.
Stokr is a startup based in Luxembourg focused on pioneering in the digital securities sector. It provides turn-key solutions to ventures of all sizes, allowing them to access capital markets in compliance with the European Union’s regulations.
An STO That May Attract More Attention
The STO is currently led by Tether International Limited, the parent company behind the most popular stablecoin Tether (USDT). With an investment of $1 million in EXOeu tokens, the company kickstarted the funding campaign.
The STO round has so far raised over $2.5 million in funding since its launch on January 17th, 2021, in what seems likely to surpass a previous STO in which the developer raised $3.1 million on the STOKR platform.
Tether International Limited’s CTO, Paolo Ardoino, shared is expectations for…