How can I sell my VYT Tokens?
Since we intend to issue a security token under U.S. Regulation D for U.S. investors and Regulation S for non-U.S. investors, regulations require a one (1) year lock-up on all token sales. [...]
Do I need to show proof that I am an accredited investor?
Yes, all U.S. residents will be required, pursuant to U.S. Regulation D, to complete an “accredited investor” certification via a third-party verification agency, http://www.verifyinvestor.com
What are the accreditation requirements for non-U.S. investors?
Since we offering our security tokens to non-U.S. residents under U.S. Regulation S, our VYT Tokens can be purchased by non-U.S. residents of any accreditation level to the extent that such [...]
What are the accreditation requirements for U.S. investors?
Since we are issuing security tokens, not utility tokens, under U.S. Regulation D, specifically 506(c), our VYT Tokens can only be purchased by U.S. investors that qualify as “accredited [...]
Why is our token distribution different than an ICO?
We are issuing security tokens, not utility tokens. As a result, investors in our STO will be granted a specific set of rights in Vytalyx, rights of which shall be granted pursuant to that [...]
When will our Security Token Offering start?
Currently, we project our Pre-Sale to start on May 1st 2018. Our Pre-Sale will be open to U.S. and non-U.S. investors with a tiered discount rate applied for early investors. Our Main Sale will [...]
Why are we issuing security tokens as opposed to utility tokens?
Given the most recent position of the SEC that most tokens issued in an Initial Coin Offering (ICO) are securities, we took the position that issuing security tokens under a Security Token [...]