#Reports

Stobox Weekly Report 28/2021

Report about Stobox progress and activities during week 28 of the year 2021 from 12 of July till 18 of July

Hello Stoboxians,

Important! Please read the following!

Most of the activities on the market shrink when it turns bearish. Early DeFi investors close profits creating even more uncertainty. New to market investors seek previous profits, but BTC pushes the market below expected Fibo levels of correction. Sophisticated crypto investors hide in stable-coin LPs generating some profits away from common impairment loss. Investments into tokenized shares of real businesses are the great alternative that Stobox is revealing to you!

Today at Stobox, we are restructuring our processes and resource allocation to even more focus on real-world tokenization and our STO clients. As we have declared earlier, there are five companies that have already signed for tokenization on DS Dashboard 2.0 (which is about to be released after a global update from the previous version 1.4). We expect the first client’s STOs to be launched from the first days of September when global business activity is much higher comparing to August.

Our revenue grew 54% from Q1 to Q2 from STO-related operations, and now we expect to multiply it with an increasing number of clients in Q3/Q4. We believe that focus on tokenization of traditional businesses may create a great hedge to traditional crypto assets like Bitcoin or Ethereum.

Meanwhile, we are preparing to launch our client’s Security Token Offerings; we welcome all community members to participate in Stobox STO at Stobox | Tokenized Securities Dashboard v.2.0.0

Registration involves identity verification and compliance to Anti-Money-Laundering policies. When you are whitelisted, you will be able to participate in Stobox STO. To learn more, please visit Stobox | STBX | Tokenized shares | Security Token Offering and watch the corresponding video Stobox security token offering: get exposure to the asset tokenization market.

Please join our Discord Community. We are creating a place where everyone can share thoughts and ask questions about Stobox products and services.

Check the table below. The Project column represents the internal name for certain activities, e.g., Crypto Management — managing crypto aspects, or Dashboard Dev — development of the Stobox Dashboard. The summary is a general description of the task that has been accomplished. An assignee is a person from the Stobox team who was in charge.

If you have any questions about Stobox plans or progress, please write us at info@stobox.io or in our group chats.