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Aziza Coin [AZ]

ENDED: January 31, 2020

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Description

Our purpose is to support the ethical development of hydrocarbon resources in Southern Africa by creating and managing a tokenized investment fund that invests in early-stage oil and gas businesses. The first company in the fund, Africa New Energies, rejected a bid of $500 million and the Aziza Project has taken a ...Read More


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Sectors

Oil

Executive Summary

The Aziza Coin is an asset-backed security token being issued by the Aziza Project and is compliant with the Ethereum blockchain’s ERC20 standard. The token derives its value from the value of assets held by the Aziza Project. Since the Aziza Project owns 20% of Africa New Energies, which has rights to a large hydrocarbon concession, the proving of this resource will result in the Aziza Project’s holding creating significant economic value for US investors and the local communities. The Aziza Project, through the sale of Aziza Coin tokens at a Security Token Offering in October 2018, is seeking to raise $60 million to complete a ten-well drilling program to make this happen.

Documents


Whitelist and KYC

This ICO has a whitelist. Limited number of slots available. Investors must pass an exhaustive examination

Timeline

Sale Starts

1st January 2020

The ICO/Token/Coin sale opens

Happened: 4 Years, 11 Months, 9 Days ago

Sale Ends

31st January 2020

The ICO/Token/Coin sale closes

Happened: 4 Years, 10 Months, 10 Days ago

TODAY

10th December 2024

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Financial Information


Ratings and Flags


Overall Rating

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