About Alethena

Equility AG is a public limited company founded in August 2017 and registered in the Commercial Registry of the Canton of Zug under the number CHE−460.255.304. Alethena is the project of Equility AG and therefore embedded in a sustainable and transparent legal setup subject to Swiss law. No other projects are conducted within Equility AG. Thus, Alethena remains the only financial revenue stream of Equility AG. In that sense, Alethena is a brand of Equility AG. By nature, the balance sheet, profit and loss statement, and the cash flow statement of Equility AG will be determined by Alethena. The emission of Alethena tokens including all the raised capital will be exclusively limited to the Alethena project. Alethena tokens (cf. Section 6 for the detailed token specifications), however, do not provide the token holder with any direct or indirect equity stake of Equility AG.

Features

Security Token with limited voting and profit rights

Limited refers to the fact that according to Swiss law, the ultimate decision power remains with the Board of Directors and the corresponding General Assembly.

The Alethena founders representing the General Assembly fully commit to relaying decisions regarding the profit distribution to the token holders. Any deviation from this commitment would immediately lead to severe credibility issues and reputational damages. Supporting the long-term vision of Alethena, the founders are committed to a vesting period of 5 years

Alethena Roadmap

 

  • 2016

  • Founders privately start investing in ICOs, notice the absence of proper due diligence and transparency.

  • July 2017

  • First Prototype of own due diligence methodology is being developed.

  • August 2017

  • Legal structure ‘Equility AG’ is set up and platform and ICO preparations begin.

  • December 2017

  • Official go-live of Alethena.

  • January 2018

  • Strategic partners and advisors join, private seed round closed.

  • April to July 2018

  • ICO to independently fund the development of product and methodology.

  • December 2018

  • Release full product with v2.0 methodology. Become top-of-mind Blockchain Asset
    Rating in Europe.

  • 2019

  • Enhance and scale methodology with machine learning and R&D department.

  • 2019-2020

  • Release largely automated v2.0 product.
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