MPG Newsletter - Regulation Update and MPG Token Burn Event!!!
Dear MPG Community,
After months of preparation by our in-house legal team and compliance experts, Max Property Group is delighted to announce that we have engaged a law firm to assist with the required licence application with Dutch Financial Authorities (AFM), locally known as an “exemption for mediation in redeemable funds” for the Max Crowdfund platform.
The exemption will enable MPG to offer loans (bonds, loan notes, debts, etc.) in compliance with Dutch regulations. Once the exemption has been obtained (approx. 4 months from now), Max Crowdfund will be allowed to offer projects from third party fundraisers to their investors and the public in general.
MPG Live Token Burn
On the 12th July 2019 from 19:00 - 22:00 CET, Max Property Group is holding a live token burn event in our offices in Rotterdam. By way of thanks to our early MPG tokens purchasers for their support, we have committed to burn 40,000,000 MPG tokens, or the equivalent of USD 1,000,000.
Up to 50 MPG token holders or Max Property Group investors will join media representatives (both crypto and main stream) to watch the live event and enjoy drinks, snacks, giveaways and prize draws.
There are still a few places left, so if you want to join us, feel free to email Gudo Thijssen on
[email protected].
In our next email we will announce more token burn events and equally as important a delay in release of MPG tokens to seed round investors, founders and advisors. It is after all not correct that tokens are distributed if the platform is not fully operational and licensed yet.
Best regards,
Mark Lloyd
CEO