Sangamithra Token Offering
Token Specifications:
Token Supply: 200 million $TSL1.
Token Ticker: $TSL1 (Tradeable Smart Contract Token)
Token Type: Security Token (or RWA Token), leveraging the ERC-20 standard for compatibility within the Ethereum ecosystem.
Utility Token Issued: xTSL1 – a governance token that enables holders to participate in preferential, non-equity related voting rights and marketing activities.
Initial Market Cap (IMC): USDT $1.1 million.
Fully Diluted Valuation (FDV): USDT $74 million.
Primary Issuance Platform: IXSwap.io, facilitating secure and compliant transactions.
Token Generation Event (TGE): Date to be announced.
Token Benefits & Utility:
Fractional Ownership: $TSL1 holders gain a stake in potential film revenues and profits.
Premium Content & Premiere Priority: $TSL1 holders receive exclusive access to special content and event bookings.
Governance Participation: xTSL1 holders can vote on key promotional and select production-related decisions.
Buyback Initiative: Box office revenues are used to potentially increase token value.
Staking Rewards: Rewards for $TSL1 holders who commit their tokens long-term.
Use of Funds:
Production & Post-Production: Ensures all stages from filming to final editing are well-funded.
Token Liquidity & Market Making: Maintains market stability and ensures ease of trading for $TSL1.
Marketing Rewards: Supports extensive promotional efforts for both the film and its tokens.
Team and Advisors: Fair compensation for the creators, consultants, and managers.
Strategic Partnerships and Compliance Framework:
Token Issuer: TSL Studios LLC, a series of OTOCO RMI LLC, with NFT ID #443, issued on 4/30/2024 at 5:41 UTC. Verify on [PolygonScan](https://polygonscan.com/nft/0x54dED98a6720EcEAA54EB0F858c81737CDe9FF9E/443).
Exclusive Production House: Sri Thenandal Films, commissioned to produce "Sangamithra" while adhering to the highest industry standards.
Singapore-Based SPV: Holds the IP rights license for "Sangamithra" and is authorized to raise funds for the movie production, leveraging Singapore’s robust business and regulatory framework.
Tokenization and Distribution Partners: 1AEX and IXSwap.io, ensure compliance and manage the operation of the token sale smoothly.
Legal and Regulatory Compliance:
Fully Compliant Offering: Adheres to securities and blockchain regulations, safeguarding investor interests.
Registered Under: Regulatory bodies overseeing digital securities and blockchain activities.
Transparency Guarantee: Regular audits and public disclosures maintain investor trust and ensure compliance.
Last updated