Review RVW Token
Hello everyone, I’m back and today I will introduce you to the RVW Token.
So what is RVW Token?
The RVW token allows Investors to profit from future “Roe v. Wade” movie income. RVW Token holders are entitled to earn a fixed annual return of 20% plus their return on investment, subject to the terms and limitations outlined in the memorandum and terms of the token offering .
as the answer above mentions the movie “Roe v. Wade” so the RVW token was created with the Purpose of Token Supply This Movie is to finance the costs associated with the movie “Roe V” Wade ”.
Characteristics of the RVW token
RVW Limited is using LCX as its exclusive blockchain service provider.
With 5,000,000 (five million) sub-bonds, encoded with a par value of $ 1 USD per bond, represented by a RVW Token. The token’s name is “RVW Token” (“RVW” or “$ RVW”).
This is a Public Security Token Provider of RVW Limited.LCX works as an exclusive Token Generator on behalf of RVW Limited and has developed, created, and implemented online security tokens Next in the customer’s wallet.
How the code generator works
LCX acts as an exclusive Token Generator on behalf of RVW Limited and has developed, created, and implemented security tokens directly in the client’s wallet.
The blockchain law in Liechtenstein is officially referred to as the Trusted Technology Service Provider Act and the token is more commonly known as the Blockchain Act. The law defines a number of important roles along the value chain of the token economy. One of these licensed roles is called Token Generator.
The law defines “Token Creator” as the creator of one or more Tokens. The Blockchain Act is a regulatory framework that allows investor protection and regulatory clarity to issue security tokens. The law also defines strict requirements for an LCX as a Trusted Token Generator.
For example, the LCX has implemented special internal controls to ensure that the rights of the encrypted asset are correctly represented in the Token. Since the blockchain law (TVTG) came into effect in January 2020, the LCX has provided FMA with a comprehensive set of information on business operations, compliance policies, and documentation of solutions Our soft crypto compliance.
Furthermore, the LCX, as a Compliant Token Generator, is subject to strict corporate governance requirements, documenting and documenting all related records and supporting documentation. for monitoring purposes for at least 10 years. The LCX must also ensure that important token information is always public and accessible to the public.
Characteristics of Security Code
Security tokens, such as the RVW Film Token, have different characteristics and functions from utility tokens, stablecoins, payment codes, or other digital assets such as Bitcoin. LCX has been developing a new token standard called the “Liechtenstein Protocol” and will publish a detailed technical white paper in the coming months. The Liechtenstein protocol identifies smart contract elements that are useful in the new security token standard in compliance with financial market laws and compliance requirements.
For example, RVW maintains a White List Database to validate the decentralized transfer RVW token. The White List database is a database stored on the data portion of the RVW Token smart contract. The whitelist database contains records of information about individuals (users) who have met KYC / AML compliance processes and are therefore eligible to keep RVW Tokens in their designated wallet .
LCX maintains an RVW Register on behalf of RVW Limited customers, which includes user name and number (Reference ID) for the KYC data associated with each digital wallet; and digital wallet address and RVW Token balance in each wallet address.
RVW tokens are transferable, but transfer is limited. All RVW tokens acquired as part of an STO can only be initially transferred to whitelisted wallets. In addition, there are no restrictions on the free portability of tokens.
How is the RVW Token backed?
The RVW Token is backed by the Gross Proceeds of the movie. Once RVW Limited receives returns and revenues from the film proceeds, RVW Limited will use the full amount to distribute the returns plus the accrued yields calculated up to the payout date directly to the token holders in the form of ETH payments. Rewards, target yield and the repayment are USD-denominated and will be paid normally in ETH to holders of RVW Tokens.
“Last Money In, First Money Out principle.” The Gross Proceeds in connection with the Picture shall be payable in the following order of priority: First, solely from the United States Theatrical Gross Proceeds on a pro-rata, pari passu basis, to all token holders for the Investment and Investment Return as outlined in the Token Offering Memorandum. This means that as long as RVW Limited remains solvent and operational, RVW token holders will be the first group of its creditors to receive the rewards and payouts. If, however, RVW Limited becomes subject to the bankruptcy proceedings, the general bankruptcy and liquidation rules will apply.
“Gross Proceeds” shall mean all nonrefundable, gross proceeds actually received by or credited from the US domestic distribution (including outright sales), exhibition and/or other exploitations of the Picture in any and all media now known or hereafter devised in perpetuity and from the exercise of all related subsidiary rights (such as merchandising, soundtrack, music publishing, and literary publishing).
Where can you buy RVW Token?
You can participate in the offering by registering at sale Buy Now.
That is the only place where the ceremony is held.
Why should you buy RVW token?
Turn movie fans into movie investors. Investors get the full payout for their investment plus a fixed 20% annual return, and it’s secure.
Above are the gist of the RVW token that I have listed with you. To learn more about the project you can visit the following link. This is a token of the future that works on security and the code generators provided by the LCX project promise to grow in the near future.
► For more information please visit links below:
Web: https://www.lcx.com
Buy RVW Token: https://roevwade.com
Facebook: https://www.facebook.com/roevwademovie
Twitter: https://twitter.com/lcx
Bounty: https://www.lcx.com/bounty
►Author : tunaduong
Eth Address: 0xc497b8F4f9dE31fAF4DE9AAB127E2cFA51A95C0c