When launched, the Prometheum Network will transform the financial industry by providing blockchain-powered products and services. From raising capital to a secondary market, and finally, to a custody solution – the Prometheum Network will be a complete solution for investors, traders, issuers, broker-dealers, validators, DAPP developers, and partners.
For the first time, companies will be able to raise capital by offering blockchain securities to the general public on Prometheum’s Regulation A+ issuance platform.
Prometheum's Alternative Trading System (ATS) will provide liquidity for blockchain securities issued on our platform. All types of investors and traders will be able to buy and sell blockchain securities online by using this SEC/FINRA approved electronic market.
The Prometheum Network uses smart contracts to automate back-office functions, reducing overhead costs. That means blockchain securities issued and traded on our network maintain their utility value on our blockchain.
Accredited AND non-accredited investors will be able to invest in blockchain security offerings and trade on our electronic market via our web-based and mobile platforms.
Active Traders
Once live, Prometheum’s online trading platform will provide real-time market data, research, charts, direct market access, rapid order entry, night mode, keyboard order entry, an API, and FIX.
Issuers
Companies will be able to raise capital by becoming issuers on the Prometheum Network and using Regulation A+ to offer blockchain securities to the general public.
Broker-Dealers
When live, FINRA registered broker-dealers can offer customers access to a new asset class--blockchain securities-- with either their own software or by white-labeling ours.
Validators
Once live, validators will be rewarded Ember tokens for running validating nodes and adding blocks to the Prometheum Network.
DApp Developers
Decentralized Application (DApp) developers can create applications based on Prometheum’s smart contract protocol.
What Makes it Possible
Sometimes referred to as a “mini-IPO”, Regulation A+ enables companies to raise capital via Prometheum’s issuance platform by offering free trading blockchain securities to all investors – accredited and non-accredited. Compared to a traditional IPO, the Prometheum model simplifies reporting and disclosure requirements, decreases time and cost, and removes the need for investor accreditation.
Regulation
Type
Reg A+
Raise
Amount
$50mm/yr
Must be
Accredited
No
Open
to Retail
Yes
SEC Review
Period
4-6 months
Free Trading
Yes
Issuers/companies can raise up to $50mm in a 12 month period (Legislation proposes increasing the limit to $75mm)
All investors, including non- accredited investors, can participate
Tier 2 Regulation A+ issued blockchain securities have few trading restrictions.
Prior to SEC qualification, issuers can “test the waters” to determine investor interest and, once qualified, advertise their offering to the public.
Actual cost reductions for legal, accounting, and related professional services
