Aziza Coin [AZ]
ENDED: January 31, 2020Transparency Details
We have unverified contact details for this ICO
We have no information about the team
We have unverified information about this ICO
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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ICO Link
Sectors
OilExecutive 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
The Team
Timeline
Sale Starts
1st January 2020The ICO/Token/Coin sale opens
Happened: 4 Years, 3 Months, 17 Days ago
Sale Ends
31st January 2020The ICO/Token/Coin sale closes
Happened: 4 Years, 2 Months, 18 Days ago
TODAY
18th April 2024
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