The Aziza Coin is an asset backed security token being issued by the Aziza Project and is compliant with the Ethereum blockchain’s ERC20 standard. The token derives its value from the value of assets held by the Aziza Project. Since the Aziza Project owns 20% of Africa New Energies, which has rights to a large hydrocarbon concession, the proving of this resource will result in the Aziza Project’s holding creating significant economic value for US investors and the local communities. The Aziza Project, through the sale of Aziza Coin tokens at a Security Token Offering in October 2018, is seeking to raise $60 million to complete a ten-well drilling program to make this happen.
Aziza Project
The Aziza Coin is an asset backed security token being issued by the Aziza Project and is compliant with the Ethereum blockchain’s ERC20 standard. The token derives its value from the value of assets held by the Aziza Project. Since the Aziza Project owns 20% of Africa New Energies, which has rights to a large hydrocarbon concession, the proving of this resource will result in the Aziza Project’s holding creating significant economic value for US investors and the local communities. The Aziza Project, through the sale of Aziza Coin tokens at a Security Token Offering in October 2018, is seeking to raise $60 million to complete a ten-well drilling program to make this happen.
The Aziza Coin is an asset backed security token being issued by the Aziza Project and is compliant with the Ethereum blockchain’s ERC20 standard. The token derives its value from the value of assets held by the Aziza Project. Since the Aziza Project owns 20% of Africa New Energies, which has rights to a large hydrocarbon concession, the proving of this resource will result in the Aziza Project’s holding creating significant economic value for US investors and the local communities. The Aziza Project, through the sale of Aziza Coin tokens at a Security Token Offering in October 2018, is seeking to raise $60 million to complete a ten-well drilling program to make this happen.