Steem Monsters Completes First Ever Security Token Offering on Steem!

in steemmonsters •  2 months ago 

The Steem Monsters team is excited to announce that we have recently completed a $100,000 equity investment round via our Steem Monsters Team Token (SMTT) offering. The SMTT tokens were created on the Steem Engine platform, which is a smart-contract-enabled layer 2 solution running on top of the Steem blockchain.

The SMTT tokens have been registered with the US SEC as a restricted security token offering under Regulation D, Section 504 of the Federal Securities Act. This enables us to raise up to a maximum of $5 million per year through sales of the token to an unlimited number of non-accredited investors in the US or abroad.

The investment will enable us to grow the Steem Monsters team and execute on our incredibly exciting 2019 roadmap, as well as to ensure that we have enough working capital to weather any further drops in the crypto market without needing to power down and sell any of our Steem Power holdings at the current market prices which we feel significantly undervalue the tremendous amount of recent growth and potential of the Steem platform.

To our knowledge, this is the first time such an offering has been completed using a token that operates on the Steem blockchain, and we hope that this will help pave the way for other organizations to complete their own offerings using a Steem Engine token in the future.

We have also partnered with a local law firm that specializes specifically in blockchain law and regulation to provide an affordable legal services package that will be made available through the Steem Engine website in the near future to other businesses or organizations that wish to raise funds through a similar security token offering on the platform.

For any enquiries regarding participating in future Steem Monsters security token offerings or in running a security token offering through Steem Engine, please contact @aggroed or @yabapmatt on Discord or via email at [email protected]

We are extremely excited for what's in store for the rest of 2019 and beyond for Steem Monsters, Steem Engine, and the entire Steem platform, and we are incredibly grateful and humbled to be a part of such a fantastic community here on Steem that has made all of this possible!

Thank you for your continued support!

Steem Monsters Contact Info:

Steem Monsters Blog

Steem Monsters Website

Steem Monsters Discord

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Truly spectacular!

This enables us to raise up to a maximum of $5 million per year through sales of the token to an unlimited number of non-accredited investors in the US or abroad.

Cool. I didn't realize there was this option to allow sales to non-accredited investors. How would one go about purchasing SMTT? One you have acquired SMTT can it only be exchanged to other accounts that have undergone the KYC/AML checks?

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Yes, it's one good thing in a regulatory environment that otherwise totally sucks, lol! If you're interested in investing you can reach out to me and I can send you the details which includes restrictions on reselling your tokens.

Great work !!
Congrats!!

Monstrous announcement....
This is beautiful!

@SteemMonsters team are very dedicated and innovative. This is a team worth investing in. Congratulations!

Posted using Partiko iOS

Congrats Team, great work. @aggroed, @yabapmatt, @Discord I wanna be part of the Steem Monsters security token offerings.

NICE JOB Steem Monsters!
Elemental Phoenix (701px, 10fps) (1).gif

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good story

Huge congratulations to the whole team. Incredible to see.
I've played around a little on Steem Engine, and found it simple, clean and self explanatory.

It's great to see SteemMonsters getting the success and recognition it deserved. I hope you guys grow more successful in the future.

Congratulations!!! You are changing rule of the game for better.

What Wow this was a surprise I didn't know till just now WAY TO GO!

So many people saying CONGRATS or EXCITING...
and yet how many of them know what it actually means and if it's good or how good it is.

I'll be willing to say I don't understand all of what this entails:

  • Nice that you'll have the ability to have more money to develop faster and more ability to weather the storms.

But what are the drawbacks?

  • Do you now have commitments to individuals that could put you at risk in other areas?
  • Are you now more hamstringed in other areas that you weren't before because of your operations with the US government.

Don't just sunshine and rainbows us... let's hear what are the pros AND cons of this.

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We don't believe there are any drawbacks to this fund raise. We have a commitment to our investors to grow the product as much as possible, but that's no different than our goal before taking outside investment or our commitment to ourselves. Second, as a US-based company owned and operated by US citizens, we are no more restricted as a result of this token offering than we were before and we are always committed to acting within the rules and regulations in place in the jurisdictions where we operate, whether or not we agree with those rules.

  ·  last month (edited)

Well done

Congratulations! @SteemMonsters @SteemEngine @aggroed @yabapmatt
ED7D406C-AAFE-496A-B2C0-FCEC856F6D31.gif

Great to see creative fund raising on & off chain.
You are one of the keys to the longevity of the #Steem blockchain.

Resteemed!

!bookkeeping steemmonsters

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Hi @followbtcnews!

steemmonsters

Received:

  • 0.000 STEEM
  • 0.000 STEEM from Affiliate
  • 0.000 STEEM from tournament prizes
  • 0.000 SBD
  • 0.000 SBD from Affiliate

Spent:

  • 2438.464 STEEM
  • 0.000 STEEM for tournament entry fees
  • 169.002 SBD

Total:

  • -2438.464 STEEM
  • -169.002 SBD
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strange statistic dear @followbtcnews

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spend some to moon STEEM pls =)

This post has been included in the latest edition of The Steem News in 10 posts - a compilation of the key news stories on the Steem blockchain.

great game steemmonsters

hola soy nuevo saludos a todos

This post has received a 84.02 % upvote from @boomerang.

This is a great opportunity for everyone looking for a new ground floor start. Congratulations

Posted using Partiko Android

This huge, I hope other's will do the same.

!bookkeeping steemmonsters

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Hi @bebeomega!

steemmonsters

Received:

  • 19.542 STEEM
  • 2.078 STEEM from Affiliate
  • 0.000 STEEM from tournament prizes
  • 3.613 SBD
  • 0.000 SBD from Affiliate

Spent:

  • 86.984 STEEM
  • 0.000 STEEM for tournament entry fees
  • 0.000 SBD

Total:

  • -65.364 STEEM
  • 3.613 SBD

That’s some exciting news! 🙌🏼🙌🏼

Posted using Partiko iOS

Congratulations. That is a pretty big achievement indeed. ;)

Wow excellent steemi monsters good idea. And very excellent post your thanks for you good posting.

Excited for the future of STEEM, Steem Monsters, and Steem-Engine!

great job guys..This is exciting!

Wow @steemmonsters Steem Monsters , Steem Engine and Steem is going to Rock in 2019 These are very exciting times that I am glad to be a part of ! Go Team Awesome! @yabapmatt , @aggroed and @someguy123 who I am now also following and voting for witness , you all Rock!!💪❤👍🙋

Wish I had got in on this back when it first started, it just keeps getting better and better. 👍👍👍

Posted using Partiko Android

!bookkeeping steemmonsters

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Hi @mydays!

steemmonsters

Received:

  • 334.763 STEEM
  • 2.090 STEEM from Affiliate
  • 59.150 STEEM from tournament prizes
  • 23.974 SBD
  • 0.000 SBD from Affiliate

Spent:

  • 74.622 STEEM
  • 12.211 STEEM for tournament entry fees
  • 52.737 SBD

Total:

  • 309.170 STEEM
  • -28.763 SBD

Congratulations for this great news, I am very happy for all the projects you are doing, it makes me very happy to be here.

!bookkeeping steemmonsters

Posted using Partiko iOS

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Hi @cryptictruth!

steemmonsters

Received:

  • 714.596 STEEM
  • 0.000 STEEM from Affiliate
  • 2.100 STEEM from tournament prizes
  • 59.560 SBD
  • 0.000 SBD from Affiliate

Spent:

  • 77.742 STEEM
  • 0.000 STEEM for tournament entry fees
  • 9.849 SBD

Total:

  • 638.954 STEEM
  • 49.711 SBD
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!bookkeeping steemmonsters

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Hi @alexvan!

steemmonsters

Received:

  • 0.000 STEEM
  • 0.000 STEEM from Affiliate
  • 4.530 STEEM from tournament prizes
  • 0.732 vested STEEM
  • 0.000 SBD
  • 0.000 SBD from Affiliate

Spent:

  • 2063.365 STEEM
  • 0.000 STEEM for tournament entry fees
  • 1229.332 SBD

Total:

  • -2058.103 STEEM
  • -1229.332 SBD

Very nice, good work team. This is really good news, thanks for all the hard work you guys put in.....

Cool, Glad to hear it!

This is really big news. Great work as always guys.

This is an awesome achievement. Congrats SteemMonsters.

It is amazing witnessing the growth of this project from the ground up. You have accomplished so much is such a short time and you are just barely getting started. I am excited to see what’s next.

best blockchian game i playing so fare

B! E! A! UTIFUL!!!!!

Congrats and kudos to the SM team :D

Congrats @aggroed, @yabapmatt, and the whole Steem Monsters Team! This is a great milestone in the short history of SM, onward and upwards!
BATTLE_Icon.png

that's cool

congrats guys. well done

MUCH PROGRESS
SUCH TOKENS
SOON MOON

congrats to all of you, not only @yabapmatt and @aggroed, but also to the many team members that support you both. Well done!

@steemmonsters Team, This is one of the best news and for sure really sounds like stepping towards the guaranteed growth. Good wishes from my side for the 2019 Roadmap. Keep up team. 👍

Congratulations! So US SEC approves tokens? Didn't know that before. Fyi, not living in US.

Congrats these are very exciting news for the Steem blockchain :)

Congrats team, incredible work! Thanks for continuing your hard work on behalf of all stakeholders. I am super impressed

steemmonsters looks like a really cool game. and I will for sure one day enter it. i am totally new to steemit and still finding my way here. Are there any competitions os so where newbies can win a starterset? than you so much.

You certainly never cease to amaze , how many virgins did you sacrifice to the devil to get a success streak like this ? :)

It's very nice to have people who understand that the soil you feed on needs to be fertilized in order to keep growing on it ... another win

amazing
really ... :)

still a shame you choose a side on the censorship game here, but otherwise, WAY TO GO !!!

Amazing!

Awesome work! Congratulations!

Congrats guys good work...keep it up.

waaaao. Future is here!

This sound so good for steem

Posted using Partiko iOS

This is awesome, I will like to be part of this wonderful project. How'd I go about this

Posted using Partiko Android

!bookkeeping steemmonsters

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Hi @rambo21!

steemmonsters

Received:

  • 461.244 STEEM
  • 0.000 STEEM from Affiliate
  • 0.000 STEEM from tournament prizes
  • 0.936 vested STEEM
  • 27.495 SBD
  • 0.000 SBD from Affiliate

Spent:

  • 304.086 STEEM
  • 0.110 STEEM for tournament entry fees
  • 0.000 SBD

Total:

  • 157.984 STEEM
  • 27.495 SBD
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🎁 Dear @rambo21,

SteemBet Seed round SPT sale is about to start in 2 days!

When our started the development of SteemBet Dice game, we couldn’t imagine that our game would go so viral and that SteemBet would become one of the pioneers in this field.

In order to give back to our beloved community, we’ll distribute 4000 STEEM to SPT holders immediately after Seed sale. Plus, investors in this earliest round will be given 60% more tokens as reward and overall Return on Investment is estimated at 300%!

Join the whitelist on SteemBet webiste now and start investing! Feel free to ask us anything on Discord https://discord.gg/tNWJEAD

spt-sale-2-day.jpg

😍😍😍😍😍

hola bendecido... como hago para generar ingresos conoces alguna pagina vivo en Venezuela y hay que buscar como obtener otros ingresos

Wow, congrats!! This sounds like a nuclear size good news not only to Steemmonsters but to both Steem-engine & Steem blockchain!!

Great job!! 👍👍👍👍

You rock!

Congratulations @steemmonsters!
Your post was mentioned in the Steem Hit Parade in the following categories:

  • Comments - Ranked 5 with 72 comments
  • Pending payout - Ranked 1 with $ 298,04

!bookkeeping steemmonsters

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Hi @toycard!

steemmonsters

Received:

  • 53.091 STEEM
  • 0.000 STEEM from Affiliate
  • 0.000 STEEM from tournament prizes
  • 4.498 SBD
  • 0.000 SBD from Affiliate

Spent:

  • 1.019 STEEM
  • 0.000 STEEM for tournament entry fees
  • 0.000 SBD

Total:

  • 52.072 STEEM
  • 4.498 SBD
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!bookkeeping steemmonsters

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Hi @wpblogger-de!

steemmonsters

Received:

  • 0.000 STEEM
  • 0.972 STEEM from Affiliate
  • 0.000 STEEM from tournament prizes
  • 0.000 SBD
  • 0.000 SBD from Affiliate

Spent:

  • 0.999 STEEM
  • 0.000 STEEM for tournament entry fees
  • 2.343 SBD

Total:

  • -0.027 STEEM
  • -2.343 SBD

Keep going, you are great!

I guess I need some SMTT.

Posted using Partiko Android

Great work!! Congrats...

Posted using Partiko Android

I feel like that this news should be on every frontpage of the crypto news outlets.
Great job guys!!!

Posted using Partiko Android

I will definitely be looking at this soon as I get past my taxes and see what is left to allocate to my portfolio! Great development to enable this on our blockchain!

Posted using Partiko iOS

This is awesome! Congrats to both Steem Monsters and of course steem-engine for this incredible achievement. You guys are really the ones who are moving things forward for Steem (and STEEM ;-) ) and the community!

Will you be able to just issue the tokens or also trade them and if so, what are your plans to comply with securities trading regulation?

Posted using Partiko Android

Awesome and resteemed :-)

today I'm stare steemmoonster game see lol.

Wow, that is a great step.

Congratulation to @aggroed, @yabapmatt and @SteemMonsters team

As after good work, a beer is needed, here is a !BEER token for you!

To view or trade BEER go to steem-engine.com.

Here is your BEER token!

!bookkeeping steemmonsters

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Hi @pandapuzzles!

steemmonsters

Received:

  • 165.841 STEEM
  • 2.153 STEEM from Affiliate
  • 1.400 STEEM from tournament prizes
  • 0.727 vested STEEM
  • 12.657 SBD
  • 3.081 SBD from Affiliate

Spent:

  • 145.041 STEEM
  • 0.000 STEEM for tournament entry fees
  • 24.864 SBD

Total:

  • 25.080 STEEM
  • -9.126 SBD