Globe Standard

Globe Standard

Solar-Powered Digital Currency

Print
Security Type
Equity
Categories
Other
Min Investment
$200
Location
Van Nuys, CA
Offering Date
January 30, 2019
Expected Close Date
May 01, 2019
Target Raise
$10.00K-$107.00K
Deal Notes

Type of Security Offered:Common Stock (the "Securities") and GLO Tokens (the "Tokens")

Purchase Price of Security Offered

$0.10 per share of Common Stock

Valuation
$6,100,000

Company Description

GLO by Global Standard is a commodity-backed digital currency combining two of today's most exciting, important and growing industries: renewable energy and cryptocurrencies. GLO is based on blockchain technology with decentralized record keeping through a distributed ledger. Our hope is that it becomes the standard for payments of energy goods and services globally.

Perks

The Offering includes 1 GLO Token for every $1 invested.
For example, if you invest $250, you will receive 250 GLO Tokens.

Use of Proceeds

Intermediary Fee: 6%

Working Capital: 94%

Management Team / Advisory Board Bios

Ahmad M Yakub - Founder, CEO and Director
Ahmad M. Yakub is an experienced CEO with a demonstrated history of working in the renewables and environment industry. He is skilled in technology, renewable energy, strategic planning, business development and entrepreneurship. He holds a Bachelor's Degree in Information Technology. Ahmad currently works (approximately 2-3 hours a day) as the CEO of Broadstreet Solar, Inc., a solar energy company, from 2009 to present. Ahmad’s primary job at present is working full-time (approximately 8-10 hours a day) for the Company as its CEO from the Company’s inception in January 2018.

Deal Notes

Type of Security Offered:Common Stock (the "Securities") and GLO Tokens (the "Tokens")

Purchase Price of Security Offered

$0.10 per share of Common Stock

Amount Raised : $1,100
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

Equity is a stock or any other security representing a direct ownership interest.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments