HAG Announces Launch of Security Token Offering (STO) on INX

2023-06-25

HAG (Hashrate Asset Group), a trailblazer in the Bitcoin mining industry, is set to launch its Security Token Offering (STO) on INX starting June 21, 2023. HAG stands as the world's premier SEC-filed security token focused on Bitcoin mining and is poised to pay monthly WBTC dividends.

The HAG initiative aspires to simplify the process of joining the Bitcoin mining community, promoting a compliant, transparent, and sustainable approach.

 

HAG Key terms:

Token name/Symbol: HAG

Number of tokens minted: 12,000,000 HAGs

Minimum purchase per user: 5,000 USD

Token price: $39/ HAG.

 

 

To learn more about HAG(Hashrate Asset Group):

HAG is the World’s very first SEC-filed security token focusing on Bitcoin and planning to pay monthly WBTC dividends.

 

HAG 3 Highlights:

1.Fully-compliance: HAG security token offering is made in compliance with SEC Regulation D and S. We fully abide by the regulations and fulfill investors’ need for compliance. A great gateway for Web2ers to Web3.

2.Transparency & Timely Allocation: Adopting the smart contract, we will distribute 70% of the net yield from mined Bitcoin to the HAG holders directly in WBTC. Such dividends will be on a monthly basis and audited by a third party.

3.Perpetual hashing power: Each HAG aims to maintain the peg to 1 Terahash/s on Bitcoin hashing power. We will reserve the remaining 30% of the net yield from mined Bitcoin to maintain the hashing power. That is, your HAG’s efficiency in mining will not decay.

 

How HAG work is simple

Tokenomics:

1.70% of net yield from Bitcoin mining will be distributed via smart contract, in WBTC, on a monthly basis.

2.30% of net yield from Bitcoin mining will be reserved as pool to maintain each HAG’s underlying hashing power.

Different from holding the Bitcoin and just as Bitcoin mining, holding HAG could receive monthly dividends in WBTC. In addition, unlike other mining product, HAG is fully compliant, has RWA as underlying asset, and achieve perpetual hashing power requiring no term renewal. Based on the smart contract and audited by 3rd party, the dividends policy is transparent, verifiable, and safe.

 

HAG is more attractive than you may think!

Interest-bearing asset that is highly correlated to Bitcoin price.

HAG has two layers of value.

1.Fundamental value: HAG’s fundamental value might be highly correlated to Bitcoin price. If we use cost method to evaluate the HAG, the fundamental value should be the price of hashing power of mining equipment. Based on historical data, the price of mining equipment is highly correlated to Bitcoin price.

2.Second layer of value: HAG is an interest-bearing asset. Such second layer of value comes from the monthly dividends in WBTC.

 

Behind HAG: The Team

HAG's management team, with extensive experience in the Bitcoin mining industry since 2014 and members hailing from Antpool, Bitmain, and TSMC, is fully equipped to pioneer this venture. This team is complemented by expertise from leading financial institutions like Goldman Sachs and Softbank.

"HAG provides potential investors with a compliant investment tool in Bitcoin mining products, which is in compliance with the US SEC and pays a monthly Bitcoin dividend. HAG is excited to open the door for investors interested in BTC mining to help them establish Bitcoin-related assets in their portfolios," stated CEO, Wei-Chuan Chen.

For a deeper dive into HAG and its operations, potential investors are encouraged to visit this FAQ page.

 

About HAG: Hashrate Asset Group aspires to build the world’s first sustainable, compliant and transparent Bitcoin standard arithmetic operating model. HAG Token allows investors to join the ecosystem and receive a real-time return on your investment. HAG mining farm is located in the United States, and the team is composed of industry-leading professionals from Bitmain, Goldman Sachs, and TSMC.

 

About INX: INX provides a regulated trading platform for digital securities and cryptocurrencies. With the combination of traditional markets expertise and a disruptive fintech approach, INX provides state-of-the-art solutions to modern financial problems. INX is led by an experienced and dedicated team of business, finance, and technology veterans with the shared vision of redefining the world of capital markets via blockchain technology and innovative regulatory approach.

 

About The INX Digital Company, Inc.: INX is the holding company for the INX Group, which includes regulated trading platforms for digital securities and cryptocurrencies, combining traditional markets expertise and an innovative fintech approach. The INX Group's vision is to be the preferred global regulated hub for digital assets on the blockchain. The INX Group's overall mission is to bring communities together and empower them with financial innovation. Our journey started with our initial public token offering of the INX Token in which we raised US$84 million. The INX Group is shaping the blockchain asset industry through its willingness to work in a regulated environment with oversight from regulators like the SEC and FINRA.

 

More Info

-Issuer website: https://www.hagsto.com/

-Twitter: https://twitter.com/HashrateAsset?s=20

-LinkedIn: https://www.linkedin.com/company/hashrate-asset-group/mycompany/

-Youtube: https://www.youtube.com/@HashrateAssetGroup

-Telegram: https://t.me/HashrateAsset

-Medium: https://medium.com/@HAGSTO

*Reminder: Only investors from the eligible regions who have successfully completed the Know Your Customer (KYC) process on INX will be able to participate in the ST

 

The confirmed list of regions are eligible to participate in the HAG STO:

Australia, Austria, Belgium, Brazil, Chile, China, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, India, Ireland, Israel, Italy, Japan, Republic of Korea, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Philippines, Poland, Portugal, Romania, Saudi Arabia, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, Taiwan (Province of China), United Arab Emirates, United Kingdom, United States.

 

Risk warning/ Disclaimer:

This announcement is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services. The information contained herein should not be construed as financial or investment advice on any subject matter.

HAG strongly advises all potential participants to consult with their legal, financial, and tax advisors and DYOR before participating in the STO. Investments in securities involve the risk of loss, and past performance is no guarantee of future returns.

 

Company: Hashrate Asset Group

Contact Person: Alpaga YANG

Email: contact@hagsto.com

Website: https://www.hagsto.com/

Telephone: +65 80388730

City: Singapore

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