Tokenization is the process of breaking up the ownership of an asset into smaller pieces. Each piece of the asset is represented by a digital token. The token ownership and other details are encoded into the blockchain for security. We are taking this process and applying it to the real estate space.
You can keep MartelInvest Tokens in any wallet that supports ERC-20 tokens.
A whitelist is a list of people or items that are granted access to a certain system or protocol. When a whitelist is used, all entities are denied access, except those included in the whitelist.
Although the Company anticipates making efforts to list the Tokens for trading on secondary markets, there is no guarantee that the Tokens will be tradeable in any secondary market and an investment therein should be considered only as long-term investment.
The assets of the Company will generally be valued as of each year end, when required by the Operating Agreement, or whenever the Company believes valuation and appraisal are appropriate.
The Company currently intends to distribute net profits of the Company on a quarterly basis in the form of USDC/USDT, but may distribute net profits in a fiat currency in its discretion. The distribution schedule is subject to change and there is no guarantee that the Company will achieve profitability or distribute profits with any certain frequency.
Investors will receive audited annual financial statements of the MartelInvest 1 LLC and the MartelInvest Tokens, as well as unaudited monthly reports.
Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network. Smart contracts permit trusted transactions and agreements to be carried out among disparate, anonymous parties without the need for a central authority, legal system, or external enforcement mechanism. They render transactions traceable, transparent, and irreversible.
Security tokens replace paper certificates with digital tokens on the blockchain. Security tokens enable liquidity, trading scale, and new financing models that benefit both the investor and the issuer. For the last 1,000 years ownership of most assets were managed by all parties to each transaction signing paper certificates. With tokenized securities there is one document that defines the rights of token holders, the tokens themselves are a proxy to that master document, and they can trade just like cryptocurrencies, within regulations.
A security token represents traditional, private security interest. It could represent a share in a company, an LP interest in a fund or a trust, or a member unit in an LLC. Essentially, you’re taking something that you have on paper today and you’re putting an electronic wrapper around it.
Investors may click on the Sign Up button on the home page for the on-boarding process to purchase MartelInvest Tokens. Prospective investors must also indicate and provide information supporting their accreditation status and complete anti-money laundering and know-your-customer processes.
The initial price of a MartelInvest Token is $50.
Investors must purchase a minimum of $50 of MartelInvest Tokens to participate.
Initial Token holders must be “Accredited Investors” as defined in Rule 501(a) of Regulation D promulgated under the Securities Act
You are investing in the assets owned and operated by the MartelInvest 1 LLC (the “Company”) by becoming a member of the Company.
When you participate in MartelInvest STO, you will receive your limited liability company units in the form of Digital Tokens, also known as Asset-Backed Security Tokens. One digital token represents one limited liability company unit at a current value of $50 per token.