We are excited to finally share this news. LCX is facilitating the DGMV Token Sale leveraging our regulatory approvals and compliant blockchain platform. DigiCorp Labs, the company behind DigiMetaVerse DGMV token, has selected LCX as their exclusive token issuer to facilitate their initial coin offering in a compliant manner.
We will be releasing all details about the DGMV Token Sale over the coming weeks. Today we are focusing on the strategic collaboration and partnership between LCX and DigiCorp Labs.
DigiCorp Labs and LCX signed a partnership agreement earlier this year to carry out the offering of the DGMV Token.
“We could not imagine a better partner than as LCX. Combining their powerful token sale platform with their legal advantages truly sets LCX apart from any other FinTech company in the market”, says Jozua Vander Deijl, Chief Executive Officer (CEO) and Founder DigiCorp Labs.
LCX serves as the official Token Issuer and token sale manager for $DGMV. In the past months, we had been preparing all the necessary legal aspects and registering the sale at the regulator. According to our regulatory approvals and registrations at the Financial Market Authority, we are managing several key aspects of the token offering. Our responsibilities include the smart contract development and creation in LCX’s role as Token Generator, investor identification in LCX’s role as Trusted Technology (TT) Identity Service Providers, secure custody in LCX’s role as TT Token Depositary and TT Key Depositary, and listing DGMV at LCX Exchange in LCX’s role as TT Exchange Service Provider.
Now we are facilitating the initial token offering of DGMV in a compliant manner. LCX is conducting both the private sale and public sale in several rounds on behalf of DigiCorp Labs. Currently, DigiCorp Labs facilitates the private sale at LCX’s Token Sale Manager. Access is limited to strategic investors selected by the DigiCorp Labs team.
Prior to the start of the initial token offering, LCX has registered the token sale at the regulator and submitted the White Paper Basic Information about the DGMV Token, Terms of DGMV Token Sale as well as an independent legal opinion by a reputed law firm classifying the DGMV Token as a utility token, a non-security token.
LCX’s robust Token Sale Manager facilitates the end-to-end management of the DGMV token sale and will enable a smooth KYC & Investor on-Boarding process for the DGMV token holders following compliance with Know Your Customer (KYC), Anti-Money-Laundry (AML) and Blockchain Analytics (KYT) procedure.
DigiCorp Labs AG was founded in 2021 by the senior team of DigiByte Blockchain Technology, one of the world’s leading blockchain infrastructure projects and pioneers in crypto since 2014. DigiCorp Labs AG is a newly incorporated company based in Liechtenstein.
DigiCorp Labs’ DigiMetaverse intends to build a metaverse that focuses on security, people and, most importantly, value creation. DigiCorp Labs believe in fabricating real-world blockchain solutions for day-to-day businesses, brands, and consumers worldwide. The DigiCorp metaverse aims at enhancing decentralization by ensuring equality, comprehensiveness and upheaval of technology.
DGMV is DigiMetaverse’s utility token that fuels the entire metaverse. The DGMV Token enables holders to access a portfolio of enterprise and consumer services in the DigiMetaverse. Read the White Paper of DigiCorp Labs for more details.
Find out more about the DigiMetaverse at Digicorplabs.com
Disclaimer: This content contains forward-looking statements that involve inherent risks and uncertainties, and we might not be able to achieve the predictions, forecasts, projections and other outcomes we describe or imply in forward-looking statements. A number of important factors could cause results to differ materially from the plans, objectives, expectations, estimates, and intentions we express in these forward-looking statements and in other public filings and press releases. We may not achieve all of the expected benefits of our strategic initiatives and partnerships. Factors beyond our control, including but not limited to the market and economic conditions, changes in laws, rules or regulations and other market challenges, could limit our ability to achieve some or all of the expected benefits of these initiatives. This content is not financial advice and should not form the basis of any financial investment decisions nor be seen as a recommendation to buy or sell any good or product. Trading cryptocurrency is complex and comes with a high risk of losing money, particularly if you trade on leverage. You should carefully consider whether trading cryptocurrencies is right for you and take the time to learn how trading works and decide how much money you are prepared to lose.
Legal Disclosure: LCX is a regulated entity and gained regulatory approvals as a token generator, token issuer, exchange service provider, price service provider and other legal roles according to the Liechtenstein blockchain act. LCX is acting as a trusted technology service provider for this token sale. LCX and Monty Metzger are closely involved in getting compensation and fees paid in the project token and other assets. From time to time we will engage in transactions of our own tokens.
