FAQ | Trrue

How Trrue Works?

Trrue helps entrepreneurs fundraise up to 5m euro by selling diditied equity to investors , When we say digities equity , we use blockchain to securely tie your identification and asset together.

Making an investment

Browse the showcase.

Review the investment.

Create a profile.

Complete payment

KYC/AML Verification

What Is Anti Money Laundering (AML)?

Anti-money laundering (AML) refers to the laws, regulations, and procedures intended to prevent criminals from disguising illegally obtained funds as legitimate income

What Is Know Your Client (KYC)?

The Know Your Client or Know Your Customer is a standard in the investment industry that ensures investment advisors know detailed information about their clients' risk tolerance, investment knowledge, and financial position. KYC protects both clients and investment advisors. Clients are protected by having their investment advisor know what investments best suit their personal situations. Investment advisors are protected by knowing what they can and cannot include in their client's portfolio. KYC compliance typically involves requirements and policies such as risk management, customer acceptance policies, and transaction monitoring.

Can i gift shares ?

Hard no

What Is Tokenized Equity?

Tokenized equity refers to the creation and issuance of digital tokens or "coins" that represent equity shares in a corporation or organization

What Are Shares?

Shares are units of equity ownership in a corporation. For some companies, shares exist as a financial asset providing for an equal distribution of any residual profits, if any are declared, in the form of dividends. Shareholders of a stock that pays no dividends do not participate in a distribution of profits. Instead, they anticipate participating in the growth of the stock price as company profits increase. Shares represent equity stock in a firm, with the two main types of shares being common shares and preferred shares. As a result, "shares" and "stock" are commonly used interchangeably.

KEY TAKEAWAYS

Shares represent equity ownership in a corporation or financial asset, owned by investors who exchange capital in return for these units.

Common shares enable voting rights and possible returns through price appreciation and dividends.

Most companies have shares, but only the shares of publicly traded companies are found on stock exchange

What currency do we accept?

Post funding

Will get updates from the business directly

Most businesses provide short quarterly updates, and a more detailed update once a year.

How do I get a return on my investment?

There are 3 ways and investor can see return on their investment

P2p sale
Public sale
Dividends

What happens once I receive my equity tokens?

You will see the equity token balance in the share wallet.

Can I transfer my tokens/shares?

Yes it is possible to transfer your shares, but the receiver must also be the holder of a Trrue SSI wallet and active investment account.

What if a business I invest in fails?

If a business you invest in fails in , it is highly likely you will lose ost if not all of your investment.

What is an investment account?

To invest on Trrue platform , you will need to register an active investment account , this will be the account the credentials to your investments can be accessed.

What is the minimum investment amount?

The minimum investment amount is 50 euro

How do I start investing?

To begin investing first you must complete our kyc process with our third party provider. Once completed you can finalise your investment account and begin investing.

How much can I invest?

The maximum amount allowed depends on the ind

Can I increase my investment before the offer closes?

Yes you can participate multiple times in an investment offering.

How do I get accredited as an investor?

To become an accredited investor on Trrue , investors must complete our investor risk awareness , comprehension and self certification process , please see the regulation requirement below.

A request to be treated as a sophisticated investor shall contain the following items:

(1) An attestation specifying the identification criteria set out in Section I that the requesting investor meets;

(2) A statement that the requesting investor is aware of the consequences of losing the investor protection attached to the status of non-sophisticated investors;

(3) A statement that the requesting investor remains liable for the veracity of the information provided in the request.

Investor limits for sophisticated and non-sopistchted investors?

A sophisticated investor is an investor who possesses the awareness of the risks associated with investing in capital markets and adequate resources to undertake those risks without exposing itself to excessive financial consequences. Sophisticated investors may be categorised as such if they meet the identification criteria set out in this Section, and if the procedure set out in Section II is followed. The following natural and legal persons shall be regarded as sophisticated investors in all services offered by crowdfunding service providers in accordance with this Regulation:

(1) Legal persons meeting at least one of the following criteria:

(a) own funds of at least EUR 100 000;

(b) net turnover of at least EUR 2 000 000;

(2) Natural persons meeting at least two of the following criteria:

(a) personal gross income of at least EUR 60 000 per fiscal year, or a financial instrument portfolio, defined as including cash deposits and financial assets, that exceeds EUR 100 000;

(b) the investor works or has worked in the financial sector for at least one year in a professional position which requires knowledge of the transactions or services envisaged, or the investor has held an executive position for at least 12 months in a legal person as referred to in point (1);

(c) the investor has carried out transactions of a significant size on the capital markets at an average frequency of 10 per quarter, over the previous four quarters.

Can I sell my shares?

In later phase you will be able to sell shares on Trrue in p2p function.

How are refunds handled?

Refund are handle by our customer services, Refunds were need are paid back to the account funds were sent from.

Are startups risky?

Yes early stage startups are considered high risk investments.

Can I cancel my investment afterwards?

There is a 4 day cooling period. After this period orders can not be canceled or refunded.

What voting rights do my equity shares have?

Common stock shareholders in a publicly-traded company have certain rights pertaining to their equity investment, and among the more important of these is the right to vote on certain corporate matters. Shareholders typically have the right to vote in elections for the board of directors and on proposed operational alterations such as shifts of corporate aims and goals or fundamental structural changes.

Shareholders also have the right to vote on matters that directly affect their stock ownership, such as the company doing a stock split or a proposed merger or acquisition. They may also have the right to vote on executive compensation packages and other administrative issues.

KEY TAKEAWAYS

Anyone who owns stock in a company has a voting right to the decisions that the company makes.

The fewer shares someone owns, the less voting power they have.

Voting has a significant impact on the price of the shares someone owns. For this reason, education about a company's proposed decisions is of the utmost importance.

Voting Rights of Common Stock Ownership Common stock ownership always carries voting rights, but the nature of the rights and the specific issues shareholders are entitled to vote on can vary considerably from one company to another. Some companies grant stockholders one vote per share, thus giving those shareholders with a greater investment in the company a greater say in corporate decision-making. Alternatively, each shareholder may have one vote, regardless of how many shares of company stock they own.

Shareholders can exercise their voting rights through Trrue voting feature, Votes are recorded on the blockchain immutable and carried out by our nominee secreatlety provider , which also acts as an oracle that confirms the real world data to the blockchain.

What is an oracle?

A blockchain oracle is a third-party service that provides smart contracts with information from the outside world. It is the layer that queries, verifies, and authenticates external data sources, usually via trusted APIs and then relays that information.

How does investing impact my taxes?

ITrrue recommends you seek advice from a tax professional.

Raising on Trrue

What is the typical duration?

Projects are usually on offer on the platform for a period of 60 days, company should allow a further 30 for due diligence and preparation of thero showcase prior to live offering.

Is there a limit on how much I can raise?

Yes companies have a max limit of 5million euros per company every 12 months.

What are the key components for preparing for a campaign?

Corporate docs, team sheet, lean canvas, business plan, financials, video.

What fees do ye charge?

We charge raising companies 7% of the funds raised as a success fee.

Eligibility outside of europe?

Only companies registered and operating in Europe are eligible to use Trrue.