SCOTEX To Launch Scotland’s First ICO

SCOTEX – the planned new stock exchange 2.0 company running on a Blockchain-based distributed ledger has announced that it is raising capital via Scotland’s first ever ICO.

The ICO is the world’s first ICO-IPO hybrid, with an equity-like structure: token holders enjoy fee reductions, 30% of SCOTEX net revenue and full equity-style participation in upsides including any acquisition of SCOTEX. The ICO will be run according to the XCAP ICO Protocols that transpose many of the protections and standards of IPO’s into ICO’s. The ICO will take place on the Ethereum ERC-20 protocol. Registrations for the ICO are being taken at xcap.com.

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