With the GmbH-token, you can easily set up an employee participation program, which saves time and costs.
With the Tokenize.it employee participation program, you can take care of your team and incentivize them by utilizing tokens. With our platform, you can create your employee participation program digitally. Benefit from the optimized legal setup for GmbHs, which includes contract templates that don't require notarization. Keep track of your tokens conveniently on the dashboard. You maintain full control over your tokens and the associated smart contracts.
For further legal information please visit the CMS blog (German content).
An account is derived from a private key, which is a string of characters. This private key can be stored in different ways, which influence how safe and secure and easy to use it is:
MethodSafety and SecurityEase of usehardware wallet, like e.g. https://lattice.gridplus.io/ or https://www.ledger.com/highmediumsoftware wallet, like https://metamask.io/lowhigh
We consider the internet as one of the most important attack vectors when it comes to blockchain security.
Most hardware wallets also have good random number generators, which are important when creating new accounts. They enable private key generation without using another device.
They come with companion software to be installed on your computer, which makes interacting with the wallet simple. This is why we recommend using hardware wallets when signing up at Tokenize.it.
We know your time is money. That?s why our process is tailored for startups: fast and secure onboarding, at a fair price.
Fee: 2% of the issued tokens, paid by the company and 2% of the investment sum, paid by the investor.
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Investment payment: Investors can pay by using bank transfer (SEPA) or cryptocurrency (EUROC, USDC).
Fee Payment: The fee on the investment sum is paid by invoice. The token fee is paid automatically, when using our smart contracts. You'll receive a receipt for the token fees paid.
Tokenize.it does not currently offer a service to promote crowdinvesting campaigns. We provide you with the infrastructure to create and manage your GmbH tokens. However, you can use the links generated on the platform to share them in your networks, so that your investors can onboard quickly and easily.
As soon as we have received the investment amount, the GmbH tokens will be sent to your wallet. In the case of payment via SEPA transfer, we recommend a real-time transfer (?Sofort?berweisung?) for faster processing. With a EURe deposit, the tokens are released on the blockchain immediately upon confirmation. You may then need to import the tokens into your wallet so that they become "visible" (e.g. in MetaMask). If you have used the Google login and have not added a wallet, you can view the tokens on the platform.
Issued tokens and the associated smart contracts continue to exist on the public Ethereum chain irrespective of whether or not Tokenize.it is still in business. The ERC20 standard used by the tokens ensures ongoing compatibility with many common blockchain wallets and exchanges.
Under German law, an "Auslobung" refers to a public announcement or invitation where a reward or prize is offered for the fulfillment of a specific performance or action. The German ?Auslobungsrecht? governs the legal aspects of such announcements.
According to ? 657 of the German Civil Code (?B?rgerliches Gesetzbuch? or ?BGB?), an Auslobung consists of a public announcement that promises a specific benefit once someone fulfills the required performance. Typical examples of ?Auslobungen? include competitions, prize contests, or rewards for finding lost items.
The ?Auslobung? public reward must be clear and unambiguous to define the participants' expectations. It should also include specific conditions, deadlines, and, if applicable, exclusion criteria to avoid potential misunderstandings.
When someone fulfills the required performance and meets the conditions, the ?Auslobung? creates a legal entitlement to the promised benefit. The person making the announcement (?Auslobende?) is then obliged to grant the reward or prize.
In the case of Tokenize.it, each company creates its own ?Auslobung? as part of the setup process. This specific ?Auslobung? promises certain participation rights (each, a ?Genussrecht?) to holders of its GmbH-token.
Because each company ?Auslobung? requires the holding of a company token as a prerequisite for the promised participation rights, secondary trades without an assignment of the investment contract become feasible.
In principle, it is always up to the managing directors of the company to decide who can and cannot invest. Our platform enables the acceptance of investments via a standardized process. There is also the option of checking each investment offer in detail yourself before accepting it. Please contact us directly in this case.
Fee: 15.000 ? one-time structuring fee (incl. regulatory review and approval fees)
6% cash
2% tokens
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Investment payment: Investors can pay by using bank transfer (SEPA) or cryptocurrency (EURe). We work with Monerium as our payment provider.
Fee Payment: The one-time structuring fee and the cash fee are paid by invoice. The token fee will be paid automatically when you use our smart contracts. You'll receive a receipt for the token fees paid.
As an investor, you have the right to participate economically in the respective company (e.g. dividends), even in the event of an exit or liquidation. In this sense, the tokens represent "Genussrechte" (profit participation rights). In addition, investors are guaranteed a right to information through annual reports. The tokens also come with a ?put option? so that you can return shares to the company under certain circumstances. The company can decide whether to pay out the token holders at the current value, offer them shares (if an ?AG? exists), or enter them into the commercial register as shareholders. Only in the case of an AG or as a shareholder, a voting right is associated with the shares. More information on our legal setup.
Investor acquire participation rights in the form of tokens, which are issued by a Company. Each Investor who holds such a tokenized profit participation right or a fraction of it has the following rights:
To participate in a crowdinvesting campaign, you must first register on our platform. Part of the onboarding is a KYC process in which you must present an identification document (ID card, passport, driver's license, etc.). This is a video-ident process, for which you will need a webcam or mobile device.
As far as accounting for the tokens is concerned, please refer to the question above. For record purposes, we will send you an invoice at the end of the month in which you have used one or more of our products. There you will find an overview of your investments and the respective fees (token and cash portion). We currently charge ?Umsatzsteuer? (VAT) on both of the fees. You can also view your investments in your dashboard at any time.
