In November we announced the details of the first Equity Token Offering on Neufund. Simultaneously we launched our updated platform Neufund 1.1 on the Ethereum mainnet. This includes an array of new features and functionalities. The first ETO is the best occasion to showcase our beautiful platform. Therefore we have decided to make Fifth Force GmbH, the company operating the Neufund platform, the test driver for many ETOs to come.
In this Community Update you can find links to educational materials and resources which we have prepared for our community to learn more about the first Equity Token Offering on Neufund. This includes blog posts, a video and an updated version of our Lightpaper. We also made sure to do justice to our role as a leader in reg- and legal-tech and share with you two blog posts explaining Europe’s regulatory landscape and additionally a legal FAQ on Neufund. And as always, we have included pictures from the latest community events, a list of relevant industry news and interesting media mentions. We hope you will enjoy Neufund’s Community Update for November!
The Neufund (Fifth Force GmbH) ETO Details
We are excited to announce the details of the upcoming Equity Token Offering (ETO) of Fifth Force GmbH. The public sale will start on December 9th at 11am UTC and close after 7 days on December 16th 2018. The listing page of the offering is now available on the Neufund Platform.
Neufund 101: How to invest in an ETO
We’d like to walk you through, step-by-step, how to invest in an ETO. In the steps outlined here, we’ll take you through the whole process and show you how investing on Neufund is both easy and secure.
Neufund 101: Presenting the Neufund investing experience
We want to introduce you to the investing experience on Neufund. In this post, we’ll help you get started as a Neufund investor, give you an overview of the platform and highlight some of the features you’ll be able to interact with.
Video: How to register on Neufund
Follow this video for instructions to learn how to become a Neufund investor. This video includes three steps: 1. Register with a wallet 2. Verify your identity and 3. Learn how to invest on the Neufund platform.
Neufund Lightpaper 2.0
The Lightpaper 2.0 provides a clear summary of the key points and information about the Neufund platform. The newest version — the Lightpaper 2.0 — goes a little further than our last version of the technology Whitepaper.
Neufund 1.1 is live on Mainnet
All of this wouldn’t be possible without the tech behind our platform. Last month we launched Neufund 1.1 on Mainnet. With this platform release, we are proud to present three new features that bring us closer to the first ETOs: Withdraw Ether, Blockchain identity, and Price oracle. Read more about the platform launch here. In addition, our backend developer Filip Małachowicz wrote in this blog post in detail about backend development in times of Dapps and Blockchains.
Frequently asked legal questions about Neufund
Neufund’s legal structure might seem quite complex at first, but it’s really quite easy. That’s why we have compiled a list of the most frequently asked legal questions from our community.
The dilemma of outdated standards for investment accessibility in the US and EU
Capital markets regulation in both the US and EU currently manifests an outdated standard that is paternalistic in its overprotection of retail consumers, and over-reliant on the wealth of so-called sophisticated investors as a protective force. Read more in Dialika Camara’s blog post.
Bundestag Meeting on Blockchain Regulation
The German Bundestag invited our CEO, Zoe Adamovicz, to participate in a working group on blockchain regulation in Germany. Here are her thoughts on how the meeting went and what needs changing in German legislation to maintain Berlin’s standing as a major blockchain hub.
Neufund in the News
Gerald Fenech wrote for Forbes on Neufund’s launch of the Fifth Force GmbH ETO:
“This first ETO is being conducted by Neufund’s parent company, Fifth Force GmbH. While it is a regular ETO, they are also treating it as a pilot, serving as the ultimate test drive of the platform’s architecture.”
JD Alois commented on the first ETO on Neufund on CrowdfundInsider:
“So will Neufund, and several other platforms, usher in a new era of digital assets? Securities issued and managed on the blockchain? That’s a good question. The global securities market is enormous and some prognosticators see a rapidly growing sector for blockchain based securities that reduce overall friction and automate some of the existing processes thus reducing costs and, perhaps, boosting liquidity.”
And Andrii Degeler wrote for Tech.eu:
“Berlin-founded startup Neufund built upon the idea of legally-binding token offering on the Ethereum blockchain has announced the first Equity Token Offering (ETO) on its platform.”
Polish Startups did a deep analysis on the blockchain industry and cover many blockchain startups, including Neufund in their Blockchain Compass 2018.
Industry News
Nasdaq Plans to Pursue Bitcoin Futures Despite Plunging Prices, Sources Say — Bloomberg
“Nasdaq Inc. is moving ahead with a plan to list Bitcoin futures, according to two people familiar with the matter, betting on sustained interest despite the cryptocurrency’s dramatic plunge over the past year.” — Benjamin Bain
Analysis of the German Blockchain Ecosystem — BTC Echo
“ BTC-ECHO as the largest blockchain magazine in Germany, together with BlockState, have asked ourselves how the blockchain ecosystem has developed in Germany. Can companies compete with startups in blockchain hubs such as Singapore, Malta and Switzerland?”
No Refuge for Investors as 2018 Rout Sends Stocks, Bonds, Oil Lower — The Wall Street Journal
”Stocks, bonds and commodities from copper to crude oil to burlap are staging a rare simultaneous retreat, putting global markets on track for one of their worst years on record and deepening a sense of unease on Wall Street. Data show global stocks and bonds could both finish the year in the red for the first time in at least a quarter-century, according to BlackRock Inc.” — Akane Otani and Michael Wursthorn
“After dabbling in blockchain with various subsidiaries, the 2-decade-old e-commerce business is going all in on the technology by early next year.” - Kate Rooney
Events — Meet the Neufund Team
Hive61, one of the first startup and business communities from Poland celebrated their fifth anniversary. On November 20th they run a meetup on the topic of blockchain and Ula Lachowicz our VP of Marketing talked about “Why blockchain matters for non-blockchain”.
On December 6th, Gnosis in cooperation with Cherry Ventures, Centrifuge, and D1Labs, is hosting a meetup about the status of the decentralized financial system. And Zoe Adamovicz our CEO will be talking about the first Equity Token Offering. To join us get your free ticket here.
We’re hiring! Come and join us in our beautiful office in Kreuzberg
We are looking for a DEVOPS ENGINEER/SYSTEM ADMINISTRATOR. If you are familiar with automation tools like Docker, Jenkins, Ansible, Kubernetes and you want to work on the forefront of blockchain, that job is for you.
We are also looking for Ethereum Developers, Backend and React Frontend Developers. More information can be found on our careers page.
Stay tuned! In the next couple of days we are releasing a special episode of our Token Up podcast!
Join our telegram chat if you have questions or want to meet the Neufund community and team. You can also submit a question here. Or visit our Subreddit to join the conversation. Our Freshdesk is a great resource to learn the Neufund basics.
