Wednesday, June 13, 2018

KYC Progress

In the recent months we have made some great progress finding and establishing a partnership with our KYC/AML company. For those of you who are new to the cryptocurrency space, this is "Know Your Customer", often paired with "Anti-Money Laundering". The SEC (Securities Exchange Commission) requires anyone in the US who invests in a security to provide detailed financial information. This usually includes information that validates their residency and identification. The reason for this is so that Joe Blow, who makes minimum wage, doesn't spend his entire life savings on a risky investment and lose everything. He would then become dependent on the US government, and that is the last thing that anyone wants.

As CEO of Villa Token Inc., I have been doing my own extensive research about this. My first thought was, "Will my KYC/AML company keep my investor's information safe and secure?"
I have been hearing about data and privacy leaks in the news lately and I want to make SURE that my investors are protected. I am proud to say that after interviews, phone calls, conferences, meetings, and emails with countless KYC/AML companies, I have found the one I trust.

Investors often ask me, "How much skin do you have in the game for Villa Token?", meaning how much of my own time/money/sweat/tears/effort have I personally invested in this company. The answer is: I have put forth everything. And I am proud that I can honestly say this. I have been working night and day to ensure that our ICO (I should start using STO...Security Token Offering) goes smoothly and that we meet our hard cap of 5 Million USD. So stay tuned.

Your intrepid CEO,
Allison Peck

Thursday, March 29, 2018

3/29/18

The team has come up with a whirlwind of new ideas this week. We have decided to not only do a token, but also our own in-house-network. We have welcomed a wonderful blockchain developer and good friend to our team, welcome aboard Mike. I believe a token itself limits our abilities to revolutionize the world of real estate, and everything housing related so our own in-house-network will take care of that. Now we will spend the next few weeks thinking about which parameters are important to us in programming this.
Also welcoming onto the team: Sarah. Sarah will be a business adviser and with her extensive blockchain knowledge, will also help our developer with these important parameters.

Friday, March 23, 2018

3/23/18

This week we hit a huge milestone. So far my team has contacted and talked to over 15 lawyers. Real Estate, asset protection, international, tax, corporate, you name it. But we hit gold when we found Lora. She is a securities lawyer and sounded very interested in our project when we had our initial consultation. In just 15 minutes, we learned more from her about cryptocurrency and the SEC than in the months of research we've done ourselves. She will be our point person going forward in terms of filling our private placement and Form D (reg D) with the SEC. Welcome on board Lora, were' so glad we found you.
In other news, we reformatted our white paper, hired an editor to look over our web site and other formal public facing content and he has some great feedback for us. Thanks Nick.
We are now looking to beef up our blockchain developer team so if you're interested in working with us and have that type of background or passion, please contact me allison.peck@villatoken.com

Thursday, March 15, 2018

First post: 3/15/18

Hi everyone! Allison here, your intrepid CEO, with your first look at what we have been up to.
REAL ESTATE
This week we have a lot going on. Julie went to a real estate (R.E.) conference and asked around about how R.E. agents there think blockchain tech and crypto might disrupt the R.E. world. Crickets from everyone she said. That is great for us because it means we are disrupting a market untouched by crypto.  Aside from that, she gathered a ton of useful material for us on capitalization rate. Cap rate is an important metric our team is going to use when we choose which investment properties to purchase for this project. Here is a link in case you're as curious as I am about this topic.
SWITZERLAND
Nagip has found us 2 apartment complexes that are under construction in Switzerland (no property taxes) that will be up for sale in the coming months. We have our eyes set on these properties, 22 apartments total, because they would bring in a great monthly revenue from rent that we could give back to token holders. There is a store on the bottom floor of these buildings that we could turn into an office (commercial real estate rental).
OUR ICO
I have been looking into different ICO launch service companies that provide structure for us and safety for you during the ICO process. I will be speaking with Tokensoft (American company), CoinLaunch (Canadian company), and S-Pro (Russian company). Its so great to see the entire world (minus a few) coming together to get this new tech off the ground.

Thanks for reading and stay tuned.
-Alli