Blocktrade Investors FAQ 2024
Languages
- German
- Portuguese
General Questions
1. What are the plans for Blocktrade to go public, and on which exchange is it planned?
The team plans to take Blocktrade Public sometime in 2025/2026, with the first steps to bring a public listed entity into the group by 1H of 2025. We are planning for the Nasdaq Exchange, which is the home of all the biggest technology companies in the world.
2. How will the conversion of BTEX tokens to shares work? What is the exchange rate and deadline?
The conversion will be completed as a form of offer and acceptance contract, which will entail surrendering your BTEX in return for B-Shares and right to future tokens. The exchange rate and deadlines will be explained in your offer. We expect the offers to be issued before the end of 2024 and completion by Q1 of 2025.
3. Are BTEX rewards and earnings going to continue?
No, they will be shut off after the offer period and we will focus on the develop of our new affiliate, referral, and activity based programs.
4. What happens to my BTEX if I don’t convert them to shares?
BTEX will continue to exist as a token, but will no longer be officially supported or developed by Blocktrade.
5. Will BTEX trading pairs remain available or be closed?
We are currently reviewing this situation and will advise in future. (As of Dec’24).
6. What is happening with the rewards promised for locking BTEX tokens?
The BTEX tokens will have conversions at a rate that considers this situation.
7. What is the roadmap for transforming Blocktrade into a transcontinental financial institution?
Information on this will be released as part of our 2025 plan. The 2024 Address and October 2024 AMA do contain roadmaps and information on this. We are planning to develop a dedicated investor portal.
Shareholder-Related Questions
8. When and how will B-shares become tradable?
Our focus is now on our pathway to a public listing in a national and globally recognised exchange. We plan that this would happen in 2025/2026.
9. Where can investors who purchased shares during earlier funding rounds view their holdings?
All share registers are internally updated and the details will be released in a new investor portal. If you need clarification, you may contact support.
10. What happens to old B-shares held across platforms like Global Shares or Equito?
All B-shares have been consolidated into the internal company share register. The details will be updated, see question 9.
11. What steps are needed for those who tokenized shares and hold them in wallets like MetaMask?
The focus will be on the internal share register and not the tokenised representations.
Regulatory and Compliance
12. What is the memorandum, who needs to fulfill it, and what happens after it is signed?
Those who signed up on the link provided will potentially be provided with the following:
a) an offer to exchange BTEX tokens for Blocktrade SA, B-shares
b) an offer to participate in the plans for entering Global Capital Markets.
13. What does Blocktrade's registration status imply for investors?
If we successfully register our shares and list them on a national and globally recognised exchange, the registration status will allow the shares to be traded after the lockup period ends.
14. How does the planned Self-Regulatory Organization (SRO) initiative affect investments?
The SRO plans are part of our future revenue generation model. It affects the Company and the investments in the sense that if we successfully achieve these plans, and are able to become a global leader SRO market, it could potentially drive the future growth of the Company significantly, providing returns to investors.
Strategic and Visionary Questions
15. How will Blocktrade’s collaboration with eCredits and its tokenized products unfold?
We are currently in the exploratory stage and will release detailed plans in Q1 of 2025.
16. What is the strategy for listing eCredits on DEXs and major exchanges?
This will be part of our 2025 plan to be detailed in Q1 of 2025.
17. How does Blocktrade intend to capitalize on upcoming crypto market trends for investor benefit?
We intend to move quickly beyond the legacy and develop new use cases, starting from interesting opportunities directly from the Exchange and work from there.
18. What are the objectives for promoting tokenized assets in global markets?
As part of the FSR Group, we foresee that the future of digital currencies, will be based on assets and resources that provide real-world value. That there will be several currencies available, rather than one dominant one, that hedge their values based on the assets that underly them or the value that their systems or network provides. And, due to this proliferation and diversity, multi-currency custody and exchange platforms such as FSR Group and Blocktrade will play a key role and stand to benefit from this new economical paradigm.
Communication and Updates
19. When can we expect detailed public information about the purchase of Blocktrade by FSR Group?
This information has been disseminated via our AMAs and the 2024 Address. Further information will be provided in future AMAs as questions are asked.
20. Will Blocktrade/FSR provide a detailed organizational overview, including leadership and team structure?
Yes, this will be revealed soon in our revamped website and investor portal in preparation for our entry into the Capital Markets.
21. What information will investors receive regularly regarding progress and milestones?
We intend to release quarterly reports in line with our entry into the Capital Markets, and that we would hold analyst and earnings conferences in-line.
Miscellaneous
22. Why wasn’t the original BTEX use case pursued further, such as connections to the gaming industry?
These will be pursued in the future, although we believe that more value can be gained from the consolidation of projects under one umbrella and streamlining of use cases first.
23. How can investors keep track of their investments given the various changes and platforms involved?
As we streamline the projects and prepare ourselves for entry in the Capital Markets, we believe the established methods will overtake the previous ad-hoc measures.
Safe Harbour Statement
This FAQ document contains forward-looking statements regarding the future plans, strategies, and goals of Blocktrade S.A. and its affiliated entities. These statements are based on current expectations, projections, and assumptions, and are subject to risks and uncertainties that may cause actual outcomes to differ materially. Factors that could affect these outcomes include, but are not limited to, market conditions, regulatory developments, operational challenges, and other unforeseen circumstances.
Investors and stakeholders are encouraged to perform their own due diligence and consult with financial advisors before making any decisions based on the information provided herein. Blocktrade S.A. makes no guarantees regarding the accuracy, completeness, or reliability of the information in this document and reserves the right to amend or update any details as necessary without prior notice.
This document does not constitute an offer or solicitation to buy or sell securities or tokens. Past performance is not indicative of future results, and investments in digital assets and securities involve inherent risks, including the potential loss of principal. By engaging with this FAQ, you acknowledge and accept the risks associated with your investment decisions and release Blocktrade S.A., its affiliates, and representatives from any liability arising from reliance on this document.
