Fritz Nols AG

Fritz Nols AG, Megafanstore Marketing Ltd. and Mining Tech s.r.o. cooperate with the emission and ICO of the FanCoins

Public disclosure of inside information according to article 17 MAR

Frankfurt am Main (pta022/23.02.2018/16:35) - Fritz Nols AG, Megafanstore Marketing Ltd. and Mining Tech s.r.o. have completed a letter of intent to initiate the Fancoin. The project is to be realized in a partnership. Pre-sales start of the virtual currency is scheduled for mid-March 2018. The exact structure of the Fancoin will be published on www.fancoin.eu. Like the Aeternumcoin, the Fancoin is secured by a special fund that will be managed by a subsidiary of Fritz Nols AG under specification of the investment universe. The first issue volume is limited to max. 200 million euros.
Mining Tech s.r.o has created the technical and legal foundations for the issuance of cryptocurrencies and the Initial Coin Offering (ICO) over the last two years. The issue of the Aeternum Coins recently started on this basis, see www.aeternumcoin.com. The entire existing infrastructure and know-how can be used to launch the Fancoin as quickly as possible.
The Fancoin can be used as a fungible means of payment for small and large clubs or fan merchants, e.g. at www.megafanstore.com or www.megafanshop.com for the purchase of fan merchandise, tickets or dining at the stadium. In addition, the virtual coins can be used for various fan incentives. The fan connection is conceivable: on special occasions, such as per game-deciding goal, to fill existing Fancoin accounts with a certain number of fancoins. Members of fan clubs or regular visitors of the club stadium can be similarly rewarded. This pushes the digital initiative into new dimensions of fan care.
Cryptocurrencies are a hot topic. Due to the high volatility and sometimes sharp price losses of many crypto currencies, currencies that are backed by assets (real assets) have come to the fore in recent weeks.
Secured cryptocurrency aeternumcoin (asset backed token)
In recent months, the volume of trading in the leading cryptocurrency exchanges has exploded. A volume of over USD 10 billion to USD 20 billion is traded daily in cryptocurrency, with Bitcoin's trading volume accounting for approximately 50% of the overall market. There are currently over 30 cryptocurrencies with a market capitalization of USD 1 billion, with Bitcoin leading the market with a market capitalization of over USD 200 billion.