WHAT IS SMARTLANDS?
Smartlands is the next-generation blockchain-based global investment and digital banking ecosystem. The Company’s proprietary technological solutions allow asset owners to turn the ownership right to a share of any asset in any asset class into a tradable digital token attributing it almost unlimited liquidity. In the UK, Smartlands is the very first platform for crowdfunding investments that allowed investors to use digital currencies alongside fiat currencies to raise capital.
Today, Smartlands Platform boasts a 16K-strong community with over 10K wallets. The Company lists over 30 investment projects in the pipeline and plans on continuing to be involved in the most lucrative asset classes: real estate, agriculture, private equity.
IS SMARTLANDS REPRESENTED ON SOCIAL NETWORKS?
What are the sectors of real economy that Smartlands focuses on the most?
The sectors of the real economy that receive our special attention are the extraction and collection of natural resources, commodities trading, private equity, both commercial and residential real estate (with an emphasis on luxury properties in the greater London area), the industrial property market, projects in renewable energy/sustainable living, agriculture, and technology companies specialising in telecom and IT sectors.
WHAT ARE YOU WORKING ON RIGHT NOW?
We are working on expanding our legal framework in order to create a broader set of options for high-net-worth individuals. As it was announced in the beginning of 2020, Smartlands will align itself primarily with the interests of high-net-worth individuals, family offices, and institutional investors. Therefore, the company plans on utilising the Investment Fund structure based on the Liechtenstein legislation under the EU regulatory directives.
To better fit an enhanced legal framework we are in progress with revamp of the technological solution and prepare to provide services to SME with crowdfunding/donation plugin for WordPress as well as whitelabling the whole solution to investment banks and other financial markets participants who are ready to embrace digital securities and future proof their business.
ARE THERE ANY BUSINESS DEVELOPMENT PROGRAMS IN WHICH I CAN PARTICIPATE?
Absolutely. Several months ago, we launched Smart-X Ambassador programme conceived as part of the strategy for international development to expand Smartlands’ global reach.
Roughly at the same time, we introduced the Joint Venture Franchise programme in all appropriate jurisdictions with a long-term goal of democratising wealth creation by giving access to high-entry investment opportunities to regular people is closer than ever.
WHAT IS AN ASSET TOKEN (ASSET-BACKED TOKEN)?
An asset token (asset-backed token) is a digital representation of an ownership right to a real asset (or a share thereof) such as a commodity, a piece of real estate, equity shares etc., issued in a digital form on a blockchain. Both an asset owner, and a token holder have the same rights.
HOW CAN I TOKENISE AN ASSET ON SMARTLANDS?
To start the process you need to submit your application here. Issuing asset tokens is a complex procedure and the Smartlands team will guide a company/asset owner through all the required steps.
WHAT DOES “TOKENISING AN ASSET” MEAN? WHAT ARE THE BENEFITS OF IT?
“Tokenisation” is a mechanism that allows an asset to be represented by a digital entity (container) - a token. Why tokenise assets?
- The rights to an asset are digitised and easily transferable
- Provide liquidity for illiquid or barely liquid assets
- Automation of the “cap table” management for any asset represented by asset tokens.
- Fractional ownership of any asset can be easily and securely implemented with DLT.
- Transferability of asset tokens is an inherent feature. Tokens does not require any paperwork or intermediaries to settle transactions (though regulatory oversight is required for some types of asset tokens).
- Near immediate settlement of transactions.
- An asset token is a completely new instrument for a novel asset management infrastructure
- An asset token balances along with all of its transactions can be viewed by all members of an ecosystem.
- All transactions are immutable records that cannot be corrupted.
- Tokenised assets are of much higher liquidity
CURRENTLY, WHICH GEOGRAPHIES ARE PARTICULARLY RIPE FOR ASSET TOKENISATION?
Initially, Smartlands focused on assets in the European countries, but in the future we will be launching and curating tokenisation projects all over the world.
IS THERE A NEWSLETTER, AN EMAIL LIST OF SOME SORT?
You bet, just leave us your email address and we’ll make sure that all Smartlands news and updates reach you first!
ABOUT SMARTLANDS PLATFORM
HOW CAN I REGISTER ON SMARTLANDS PLATFORM?
You can easily sign up to the Smartlands platform by clicking the button Sign up in the website header. After submitting the required info, you will be sent an email with a confirmation link.
USERS FROM WHICH COUNTRIES CAN BE ACCREDITED ON SMARTLANDS?
Smartlands is a global platform available to all, except residents of the jurisdictions listed below. Just make sure that all your operations on the Platform comply with and are permitted under the laws of your jurisdiction. This includes complying with any governmental or regulatory requirements or other applicable formalities.
Residents from the following jurisdictions are not accepted:
⧫ American Samoa
⧫ Bosnia and Herzegovina
⧫ Central African Republic
⧫ Democratic People's Republic of Congo
⧫ Democratic People's Republic of Korea
⧫ North Sudan
⧫ Puerto Rico
⧫ Republic of Guinea
⧫ Republic of Guinea-Bissau
⧫ South Sudan
⧫ Trinidad and Tobago
⧫ US Virgin Islands
WHAT CURRENCIES ARE SUPPORTED ON THE PLATFORM?
As of now, fiat currencies BTC, ETH, XRP, USDT, BNB and digital currencies GBP, EUR, USD are supported by the Platform.
HOW CAN I DELETE MY ACCOUNT AND MY DOCUMENTS?
In order to delete your account, please send a request to [email protected]. Afterwards, you will be advised on the process flow and if your documents can be deleted in compliance with all regulations.
What is KYC?
Know Your Customer, alternatively known as know your client or simply KYC, is the process of verifying a clients' identity and assessing potential risks for the business relationship.
What information is required for KYC?
Full name, date of birth, occupation, income level, home address, phone number. Additionally, it is likely you will be asked to upload your recent photo, copies of your ID/passport and proof of residence. KYC process also includes an assessment of suitability required by the FCA of participants in unregulated collective investment schemes.
Why should I pass KYC?
It is forbidden under the law to provide access to crowdfunding platform to customers who did not pass KYC procedures. Therefore, you must pass KYC procedure to gain access to investment opportunities on the Smartlands Platform.
Why provide proof of address and which documents to submit?
To finalise your KYC application, you will be asked to provide proof of address (POA). This document is necessary to comply with the AML/CFT regulations and to become a verified investor at the time of creating your account on Smartlands platform. To ensure that the verification process will go smoothly, please read this guideline for POA.
What is the assessment of suitability and appropriateness test?
Assessment of suitability includes self-certification as a specific type of investor (restricted, self-certified sophisticated, high net worth) and answering the question of the appropriateness test. The purpose of the appropriateness test is to assess your suitability as an investor and to ensure that you have sufficient knowledge and understanding of equity-based crowdfunding to make these types of investments. As stated above, provision of incorrect answers to questions of the appropriateness test will result in failing KYC and a possible ban for a certain period.
What is AML/CFT?
Anti-money laundering (AML) and combating the financing of terrorism (CFT) are the legal controls that require financial institutions and other regulated entities to prevent, detect, and report money laundering and terrorist financing activities. Investors that are not involved in either activity will not be affected by these checks.
What is PEP?
Politically exposed person (PEP) is a term describing someone who has been entrusted with a prominent public function. A PEP generally presents a higher risk for potential involvement in bribery and corruption by virtue of their position and the influence that they may hold. PEPs pose a money laundering and terrorist financing risk. Therefore, access to Smartlands Platform for such individuals is likely to be restricted.
Is my data safe?
All personal data is encrypted and stored in the private centralized database hosted by a reliable cloud services provider. Personal data of investors may be shared with a 3rd party only for verification purposes.
Is KYC on the Smartlands Platform GDPR compliant?
KYC Service of the Smartlands Platform is GDPR compliant, Smartlands is an operator of personal data. Please note, that after the funds will be deposited or/and investments are made on the Smartlands Platform, the Right to be Forgotten will not be provided due to record keeping obligations of the Smartlands Platform under AML/CFT regulation.
WHAT IS THE MINIMUM AGE TO APPLY?
Only individuals that came out of age can apply.
WHAT IS SMARTEE?
WHAT IS SMARTEE?
Smartee is a Smartlands-powered friendly mobile app - one place to store, spend and earn money. With Smartee users will be able to receive, store and transfer all their EUR, GBP, USD and the most popular digital currencies in a friendly and secure mobile app that features a built-in wallet.