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Author Topic: [ANN] polybourse.com token  (Read 191 times)
thipdar (OP)
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May 29, 2022, 02:02:37 AM
Last edit: May 29, 2022, 02:12:54 AM by thipdar
 #1

Polybourse.com wants to issue an "Initial Token Offering" ("ITO") in the near future, in order to raise US$2,000,000 for the development and implementation of a fiat/crypto, crypto/crypto and crypto/fiat exchange (fiat/fiat exchange ability will be provided later, if this system works).

The tokens will be redeemable for advertising on polybourse.com once the system is operational.  The target date for the system to be operational is July 1, 2024.

There is some information available at http://www.polybourse.com.  There will be more information available after July 1, 2022.

Polybourse.com will be operated by a California-based company.  USA SEC and CA DFPI regulations will be adhered to (although we may operate via allowed exemptions).  We are located in the San Francisco bay area, near the Silicon Valley.

"KYC" and "AML" regulations will apply; potential traders on the Exchange will need to meet with the exchange operators in person and provide required documents during the application process.  We will be required to do this unless and until the SEC relaxes their requirements.

As of May 28th, 2022, the tokens are not yet ready for sale.  Once they are, we will notify the people and companies that are on our waiting list.  If there are additional tokens available for sale after that, we will make an announcement to that effect.

If you want to join the waiting list, please send an e-mail to ito ta polybourse tod com. Please include your e-mail address and any other contact information you think is appropriate.

If we do not reach the US$2,000,000 target by December 31st, 2022, all prospective ITO purchases will be cancelled and the funds returned to their owners.
thipdar (OP)
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May 30, 2022, 11:04:25 AM
 #2

polybourse.com web page has been updated.
The White Paper has been posted, and there is new information about purchase incentives.
thipdar (OP)
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June 11, 2022, 07:37:47 AM
 #3

Do you have any community such as discord or telegram?

There is none at this time.
We expect to establish something along those lines once the company is incorporated.
Our target date for incorporation is less than a month away: July 1, 2022.

AmoreJaz
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June 11, 2022, 07:42:19 AM
 #4

Do you have any community such as discord or telegram?

There is none at this time.
We expect to establish something along those lines once the company is incorporated.
Our target date for incorporation is less than a month away: July 1, 2022.


by any chance, have you tried contacting some potential financial backers for this project? because if you will rely from crowdsourcing campaign to generate funds, i don't think you will be successful on this part. people need to see this as promising project before they will shell out money. but it seems that you are not very ready for this project, just my opinion though. so better secure private investors if you want this project to push thru.

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thipdar (OP)
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June 14, 2022, 11:05:08 AM
 #5

Do you have any community such as discord or telegram?

There is none at this time.
We expect to establish something along those lines once the company is incorporated.
Our target date for incorporation is less than a month away: July 1, 2022.


by any chance, have you tried contacting some potential financial backers for this project? because if you will rely from crowdsourcing campaign to generate funds, i don't think you will be successful on this part. people need to see this as promising project before they will shell out money. but it seems that you are not very ready for this project, just my opinion though. so better secure private investors if you want this project to push thru.

Yes, I have consulted with my VC contact in the Silicon Valley.  I've also got commitments for a small amount of private money.

As for being ready, we are outlining the scope of the project and are definitely in the fledgling stages.  Thankfully, it doesn't take a lot of capital to incorporate the company (we expect to do that on 7/1/2022).

We prefer to issue the ITO to raise the development capital, because it is the kind of service our company will be providing, and it allows us to develop our project without giving up control to vulture capitalists.  We will not issue any ITO until the company is legitimately established with the State of California and with the required federal regulators.  In the meantime, we are happy to have potential clients add their contact information to our waiting list (contact us at ito ta polybourse tod com), so that they can be informed when we launch the ITO.

We are committed to seeing this project through, based on the sole condition that the ITO raises sufficient development capital.  There's a reason why we registered our domain name for twenty years Smiley  I really expect to renew the domain name when it expires in 2042.

Please note that we will need to comply with AML/KYC/CDD regulations.
thipdar (OP)
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August 01, 2022, 11:57:09 PM
 #6

According to the California Secretary of State's website, Polybourse.com, Inc., filed for incorporation on 7/27/2022.

We need to hold our initial corporate meeting and establish some organizational paperwork before we can issue our PBFEAR ITO.

Anyone that wishes to subscribe to this ITO will need to meet with me in person, in order to register as a Polybourse User. Registration will require a valid government-issued ID, proof of a Taxpayer Identification Number and proof of residential address.  Anyone wishing to register on behalf of a corporation will need to provide the corporate equivalents and the appropriate Board Resolution (or equivalent) that authorizes them to act on behalf of the corporation.

I will make myself available to meet anywhere in the San Francisco/San Jose area upon reasonable notice.

I can be contacted at ITO ta polybourse tod com.

Kurt A. Schultz,
President,
http://www.polybourse.com
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