PARIS, FRANCE 31st January 2023 – Blockchain Valley SAS (“BlockchainValley”) are announcing on the of 6th February 2023 that the French financial markets authority (the “AMF”) has approved the information document (the “Information Document” or “Document d’Information” in French, commonly called a “WhitePaper”) under the Visa number ICO.23-028 prepared by BlockchainValley in connection with the public offering of utility tokens, the “4IR Tokens” to be registered on the Ethereum blockchain in a first phase of the project (the “ICO”).
Around this Digital Platform, the ambition of the Project is to create a real ecosystem that brings together individuals, companies, associations, organizations and public authorities that offer or seek to benefit from goods or services related to these advanced technologies.
The 4IR Tokens can be used by their holders as a means of payment to acquire goods or benefit from services that will be offered on the Digital Platform, but also as an incentive for the various stakeholders involved in the BlockchainValley ecosystem developed around the Project. More information about the rights and obligations attached to the 4IR Tokens issued in the context of the ICO is provided in Section 3 of the Information Document.
The first phase of the BlockchainValley Digital Platform has already been developed by an evolving team of developers and is accessible in a sandbox beta version during the Offer. The Digital Platform will be officially launched at the end of the Offer.
Beyond the deployment of the Digital Platform, the Project also aims to develop various technological applications (the “Applications“) that will benefit the various stakeholders of the BlockchainValley ecosystem. Number of interoperable Applications had already been developed such as 4IR Jobs, 4IR Cloud, DAOKYC, Blockaform. Other Applications are currently being developed such as 4IR Blockchain Protocol, 4IR Wallet, 4IR Explorer. More information about the future BlockchainValley ecosystem features is provided in Section 2.1.11 of the Information Document.
In the context of the Offer, BlockhainValley plans to raise between €1 million to 200 million euros. However, intermediate thresholds will allow it to develop its activity progressively:
For each of these thresholds, detailed information concerning the use by BlockchainValley of the funds and digital assets raised is provided in Section 2.5, in Section 2.7.1 and in Section 5.1 of the Information Document.
The Information Document has been approved by the AMF under visa No ICO.23-028 (https://bdif.amf-france.org/fr/details/ICO_23-0028).
4IR Tokens ICO Term Sheet
| Token name | 4IR Tokens
| Legal qualification of 4IR Tokens under French law | 4IR Tokens are digital assets, and more particularly digital tokens within the meaning of Article L.54-10-1 of the French Monetary and Financial Code
| Standard | ERC-20
| Blockchain | Ethereum
| ICO legal framework | The ICO has been approved by the AMF under the AMF Visa ICO.23-028
| Soft Cap | € 1,000,000
| Hard Cap | € 200,000,000
| Date of issuance of the AMF Visa | 24 January 2023
| Beginning of the subscription period | 6th February 2023
| End of the subscription period | 23rd July 2023
| Accepted currencies | Euros, BTC, ETH
| 4IR Tokens Purchase Price | € 0,64 per 4IR Tokens A degressive discount on the price of the 4IR Tokens of €0,64 will apply for
the first 14 sales periods (for more information, see Section 5.3 of the Information Document).
| Delivery of the 4IR Tokens | 50% of the 4IR Tokens subscribed will be distributed to the subscribers after the end of the Offer. The remaining 50% will be locked in a smart contract during a 12-months after the end of the Offer. At the end of this 12-month period, these 4IR Tokens will be delivered to the subscribers following a staggered mechanism at a rate of 25% per month. On this basis, the Subscribers will have all tokens in their possession 16 months after the end of the Offer.
The Information Document is now available on the website of BlockchainValley at BlockchainValley.info.
Participating in the ICO entails risks. Potential investors in the ICO are invited to consult the Information Document before making an investment decision in order to fully understand the potential risks and rewards associated with the decision to invest in the 4IR Tokens issued in the context of the ICO. In particular, investor’s attention is drawn to the risk factors in Section 4 of the Information Document describing: