It is Redbelly's intent to maximise the distribution of its token to the community in order to realize our vision of becoming a democratised economic infrastructure for regulated assets while complying with Australian regulation.
To comply with the Australian Corporation Act 2001, we rely on Section 708 exception for offering securities, which requires the investor to meet certain eligibility requirements known as sophisticated or wholesale investor status. This definition can be understood from https://moneysmart.gov.au/glossary/sophisticated-investor. If you meet the criteria above please get in touch via
[email protected] and we can provide you with the offer documents for the Private Sale round. We remain committed to a public sale after our mainnet is in production and once the utility of our token and network is realised. At this point, the regulation will allow us to sell tokens to anybody who wishes to participate in the redbelly network.
Show more ...