Dear Stobox Community Members,
This summary aims to provide further clarity on the Digital Assets under Stobox’s management.
Let’s start by exploring the definitions!
Security Tokens
Security Token represents ownership or investment in a real asset or a company. These tokens are issued and traded on blockchain platforms and are designed to comply with securities regulations.
Key features of Security Tokens include:
- Asset Backing: Security tokens derive their value from real-world assets, such as equity in a company, ownership of real estate, or participation in a fund. This gives them an intrinsic value linked to the performance of the underlying asset.
- Regulation and Compliance: Unlike some other forms of cryptocurrency, security tokens are subject to securities regulations. Issuers must comply with relevant laws to ensure investor protection. This regulatory compliance is often seen as a way to bring legitimacy and trust to the cryptocurrency space.
- Ownership and Rights: Holders of security tokens typically have legal ownership rights and may be entitled to dividends, profit sharing, or voting rights depending on the terms set by the issuer.
- Blockchain Technology: Security tokens leverage blockchain technology to provide transparency, immutability, and efficiency in the issuance and trading process. The blockchain serves as a decentralized ledger that records all transactions involving the security tokens.
- Fractional Ownership: Security tokens can be divided into smaller units, allowing for fractional ownership fo real-world assets. This makes it easier for a larger number of investors to participate in the ownership of high-value assets.
Security Tokens are part of the broader trend of tokenization, where real-world assets are represented and traded on blockchain platforms. This approach aims to enhance liquidity, reduce friction in financial markets, and open up new possibilities for global investment.
Utility Tokens
A utility token is a type of cryptocurrency that is issued to fund the development of a blockchain project or decentralized application (DApp). Unlike digital security tokens, utility tokens are not designed as investments in real-world assets or companies; instead, they provide access to a specific product or service within a blockchain ecosystem.
Key characteristics of Utility Tokens include:
- Access to Services: The primary purpose of a utility token is to grant its holder access to a particular function, feature, or service within a blockchain platform. For example, it could be used to pay for transaction fees, access certain features of a DApp, or participate in a decentralized network.
- Intrinsic Utility: The value of a utility token is often linked to its utility within the associated platform. As the demand for the platform’s services increases, the demand for the utility token may also rise.
- No Ownership Stake: Unlike security tokens, holders of utility tokens typically do not have ownership rights or equity in the issuing company or project. The value of utility tokens is not tied to the success or profitability of the underlying organization.
We’ve exploring the exciting domain of tokenization, and here at Stobox, we’ve introduced some unique digital tools — specifically, security and utility tokens. These digital assets serve a dual purpose: not only do they strengthen the connection between us and our community, our valued users, but they also embody our commitment to the transformative potential of blockchain-based solutions in optimizing the way companies operate.
Our journey into tokenization signifies more than just a technological shift; it’s a testament to our belief in the power of innovation to redefine how businesses function. Through these digital assets, we’re not just providing tools; we’re advocating for a new era where blockchain becomes a driving force for operational excellence.
Stobox Common Stock (STBX)
https://etherscan.io/token/0x54f37F8c64AC1E3a451ff9762BFC8afe0eDb0f0A
Stobox has transformed its equity shares into tokens, making them accessible to specific investor categories globally. Investing in this security token, rooted in equity, mirrors investing in Stobox’s Class-B shares. These shares undergo secure and transparent transfers and management on the blockchain.
While dividends are part of the rights for tokenholders, it’s important to note that Stobox currently doesn’t distribute dividends; instead, all profits are reinvested into the company. Holding STBX could be viewed as a long-term investment aligning with Stobox’s vision for the future of tokenization.
Stobox Token (STBU)
https://coinmarketcap.com/currencies/stobox-token/
Businesses entering the Stobox ecosystem use STBU as their digital pass to exclusive perks within our products, DS Dashboard and DS Swap. These STBU tokens open doors to a range of benefits — from covering subscription costs to unlocking extra features and handling compliance payments in the Stobox ecosystem. With only 100 million tokens in existence, find them on Ethereum, Polygon, and BSC Chains. And, interestingly, every quarter, utilized tokens are liquidated.
Soulbound ID Revenue Share Security Token (SLX)
https://bscscan.com/token/0x2c4a911b16435f96e6bd18e4d720a32480554a22
Soulbound ID is a groundbreaking blockchain-based digital identity solution that revolutionizes interactions within the Stobox ecosystem. The Soulbound ID provides a single, compliant, and user-friendly access point for a wide range of security tokens and services, making the world of tokenization and digital assets more accessible than ever before.
SLX is a Revenue Share Security Token of the Soulbound ID product. Stobox allocates 20% of Soulbound ID revenues for distribution among holders of SLX.
Soulbound Community Token (SOULB)
https://bscscan.com/token/0xddd394707fc1af81d98f132825df713dd9bb494e
The SOULB Community Token is a compliant digital asset designed to facilitate a range of transactions and interactions within the Stobox ecosystem. Serving as a key component of the digital identity product, the SOULB token offers multiple utilities for its users:
- A payment method for minting SBIDs. Users can utilize SOULB tokens to pay for obtaining/minting unique SBIDs (Soulbound IDs) and verifying their identity as a part of a process, thus streamlining the process of acquiring a digital identity within the ecosystem.
- SOULB can easily converted into Revenue Share Security Token SLX.
- Community engagement and activities The SOULB token fosters user participation by incentivizing and rewarding community members for involvement in various engagement initiatives, such as voting, governance, and other collaborative activities.
Disclaimer
Investing in private company securities is not suitable for all investors. An investment in private company securities is highly speculative and involves a high degree of risk and should only be considered a long-term investment. You should give careful consideration to the potential risk factors in evaluating the merits and suitability of an investment in the token. Therefore, we strongly recommend prior obtaining our token to complete your own independent due diligence regarding the investment, including obtaining additional information about the company, opinions, financial projections and legal or other investment advice.
