Why should you use BrightCOIN?

What is BrightCOIN?

BrightCOIN is a technology platform that enables entrepreneurs to create a Securities Token Offerings (STO). You can create a token, setup your smart contracts, and raise funds in a legally compliant manner. A basic DIY STO can be launched with zero upfront fees with no coding required.

BrightCOIN can create asset-backed and non asset-backed Security Tokens. These tokens can represent equity, debt, revenue share, profit participation and much more.

So why should any digital security issuer use the BrightCOIN platform?

1) "Smarter" Smart contracts that enable compliance for Reg S and Reg D.

First, lets start with the smart contracts. Typically, an issuer would have to hire a coder to create a smart contract, mint tokens and distribute them. There's more to this than meets the eye, of course. If you're launching an STO under Reg. D, for instance, there are a number of SEC regulations that you MUST adhere to. For instance, there is a mandatory lock-in period for US investors and the tokens sold to foreign investors must not enter the US. And that's just for starters! BrightCOIN has regulatory aware smart contracts that can be set to comply too Regulation S and Regulation D 506c exemptions enabling a compliant STO.

2) BrightCOIN is pre integrated into all the 3rd party service providers you require saving you thousands in fees.

You'll also have to retain outside vendors for KYC, AML/photo ID verification and accreditation verification. This means finding the vendors who have enough data service feed to return results as quickly and accurately as possible. Then you'll need to provide the vendor with a minimum number of screens, paid in advance. The fewer number of screens, the higher the price. In order to get the kind of pricing that would make each screen financially feasible, the advance payment and setup fees would run into several thousand dollars. One vendor told me that the KYC/AML/Photo ID vendor he was going to use wanted a $25,000 advance payment. Additionally, you'll have to find a reputable third-party vendor to handle all of your investor accreditation verifications. Lastly, you'll need to integrate with e-signature providers, escrow service and crypto pricing APIs. These too have extra fees and most require advance payments (and of course require technical integration)

BrightCOIN has all the features mentioned above integrated into it's end-to-end SaaS platform.

3) Distribute your tokens with ease

Your token distribution can become extremely complicated. To begin with, you'll have to distribute to your founders, advisors, company holdback, and any other teams who may receive tokens, such as a legal and sales teams. Then there's the investors who gave fiat during a private sale or presale. Bonuses can also be very complicated. Let's say you are giving a 30% bonus to all token purchasers who buy during your presale, but you have one particular investor who has made a very large purchase and is a friend of a friend. You want to give him an extra 10% to reward him. And you need to do it on a case-by-case basis----on the fly. Next there is the issue of lock-in period that are mandatory with the Reg D 506c exemption.

And you won't be able to do this with just an excel spreadsheet.

All of this can be done with the click on a button on BrightCOIN.

4) Easy to use web portal for investors

Issuers have access to their own branded investor web portal that is user-friendly, mobile, tablet and desktop responsive. There they can see all of their investor registrations, how much each contributed, how much you've collected in a day, week, month or year, and many other stats. Issuers can accept multiple cryptocurrencies, including, ETH, BTC, EOS, DASH, and fiat.

Next, BrigtCOIN makes the whole process seamless and extremely user friendly when it comes to the contributor page. Investors aren't generally very patient so any glitch in the process could cost you untold amounts. This requires high level engineering and UI development that doesn't come cheap.

BrightCOIN does this for you with an elegant and easy to use web portal your investors will love.

5) End to end issuance platform

BrightCOIN puts the entire process into one fully evolved platform that is user friendly, covers every rule and regulation yet at the same time offering huge flexibility. Setting up an STO is done through a simple WYSIWYG editor. You can create a token, setup your smart contracts, and raise funds in a legally compliant manner. And no coding is required. It's a complete turnkey SaaS solution.

BrightCOIN can accommodate all STO's (even in foreign jurisdictions) from the smallest raise to huge multi-hundred-million-dollar enterprise raises. It is completely KYC and investor accreditation compliant, jurisdiction aware, and can restrict participation and transfer of tokens based on the number of investors. Eg: Restrict maximum investors to 2000.

6) A plarform you can trust

There's also an issue of trust. As a Silicon Valley company, BrightCOIN operates under the laws of the US government and as such must adhere to one of the strictest regulatory environments in the world. BrightCOIN considers regulatory compliance to be of the utmost importance and takes every possible step to protect both issuers and contributors. Many so-called "ICO/STO platforms" really don't care about compliance. That's not the case with BrightCOIN.

7) Pricing you can afford

Perhaps the most appealing reason to use BrightCOIN is price. An STO can be created and launched for as little as zero upfront fees. This is what the company calls their "basic" package and is a perfect plan as a starter step. There are two other packages, a "silver" package for $15,000 fee and a "gold", or enterprise package, for a $25,000 fee that is perfect for large and complicated offerings. No other platform has the features, intelligence, simplicity and value of BrightCOIN.

Other advance features include:

· Ability to change your pre or main sale start and end dates post deployment

· Volatility protection-- Lock your bounty tokens to prevent dumping

· Transferable--Think your company may get acquired? You can transfer token ownership from one address to another with complete regulatory compliance

· Token recovery--Lost your wallet key? No problem. We have the ability to reissue new tokens while freezing lost ones if private wallet key is lost

· Regulatory transfer compliance--Ensure regulatory compliance (Reg D, Reg S) with smart contracts that are accreditations, jurisdiction, KYC/AML and holding period aware

Upgradable--Swap blockchains with ease or add additional featuresto your smart contract in the future