The CEO security token offering is the first digital security that offers an equity stake in the high-margin investment newsletter industry. Your funding will help us continue to build Curzio Research into one of the largest investor-focused newsletter advisory groups in America.
The status quo: The investment newsletter industry is crowded with overhyped, under-researched newsletters promoted by entertainers rather than market experts.
Curzio Mission: To bring integrity back to the industry through education, transparency, and boots-on-the-ground research from true market veterans.
Frank is a 25 year market veteran and host of the top-ranked financial podcast Wall Street Unplugged. He was named one of the top stock pickers by industry watchdog Hulbert’s Financial Digest. And former boss Jim Cramer of CNBC’s Mad Money calls him “one of the best.” Frank wrote two popular investment newsletters for industry leader Stansberry Research before founding Curzio Research in 2016. He’s been quoted in numerous financial news outlets and been a featured speaker at major investment conferences all over the world. Frank currently edits Curzio Research Advisory, Curzio Venture Opportunities, Crypto Intelligence, and the Wall Street Unplugged All-Star Portfolio.
A marketing veteran of 30 years, Veronica has dedicated the past 13 years to the financial publishing space. She was one of the original members of Doug Casey's marketing team at Casey Research and helped merge the firm with two other companies from The Agora Publishing network to form Legacy Research. Her marketing and operations expertise helped Legacy generate more than $60 million in sales the first year. She joined Curzio Research in 2018.
Greg is one of the original group of writers that built a small publishing house, Stansberry Research, into one of the world’s largest financial newsletter publishers. He spent 13 years at Stansberry Research, where he quickly rose from Junior Copywriter to Director of Copywriting, overseeing the firm’s team of a dozen copywriters.
He’s been responsible for $100 million-plus in copywriting revenue throughout his career.
Greg helped Frank found Curzio Research in 2016 and currently leads its team of talented copywriters.
Stephanie has been writing/editing for academic journals, corporations, and small businesses for 20+ years. At Stansberry Research, she managed financial publications covering a variety of sectors, from natural resources to tech to option trading. In 2016, as Executive Editor at Agora's Legacy Research, her new publications brought in $7 and $11 million—the company’s most successful launches to date. She joined Curzio Research to run the editorial team in 2017.
At a basic level, a token (or “coin”) is a digital identity for something that can be owned. (I own 20 Bitcoin tokens… or 100 Litecoin tokens.)
A security token is a tradable asset. It can pay investors dividends, interest, or represent an equity stake in the underlying asset. Since these tokens are backed by a secured asset, and are tradable, they’re subject to federal securities regulations just like stocks.
Security tokens provide a way for asset owners to sell off a portion of their assets (real estate / art / collectibles / companies) to investors with the speed and security of blockchain, while providing investors with regulatory protection.
The first generation of cryptocurrencies are mainly utility tokens. They weren’t created to be an investment. You can think of them like app coins or user tokens. They allow access to a company’s products or services, most of which are still in development.
One example is Filecoin, which raised $257 million by selling utility tokens. These tokens will give users access to its decentralized cloud storage platform.
For more on utility vs. security tokens, here’s a helpful guide by CryptoPotato.
The security token market creates an avenue for any company to sell a portion of an asset to investors—including real estate, art, businesses, or any of the hundreds of trillions of dollars’ worth of assets around the world—using the speed and security of blockchain.
Smart contracts (or cryptocontracts) are self-executing blockchain contracts that eliminate intermediaries (investment banks), which in turn cuts down costs of service delivery. This makes security token offerings a much cheaper alternative than the traditional private placement route.
Important security checks like “know your customer” (KYC) and “anti money laundering” (AML) are automated, which makes it much quicker to sell assets to accredited investors. These steps also ensure that our tokens are fully compliant with regulatory authorities. (Everyone who participates in our Curzio Equity Owner token offering must fill out these documents to invest.)
Crypto trading outshines traditional trading because it’s continuous. Most security token exchanges are open 24 hours a day… so you can trade any time day or night
Security tokens are bound to be quickly adopted once it’s realized that they can lead to more liquidity and less administration. They’re already being adopted by Hollywood (individual investors can now fund movies), artists (Andy Warhol recently tokenized and auctioned a 31.5% stake in one of his paintings), and real estate (the St. Regis Aspen Resort recently tokenized its hotel giving investors an ownership stake).
With a traditional private placement, investors’ money can locked up for a considerable amount of time. It takes five years for the average venture-backed company to be acquired… and over eight years to go public (IPO).
But STO participants can convert their tokens to cash after a 12 month lock-up period.
The CEO token is the first digital asset offered in the high-margin investment newsletter business—an industry that’s been largely closed to outside investors for decades. As an investor, you’ll participate in the growth of our company.
CEO investors will own an equity stake in our underlying business (Curzio Research). This means you’ll participate in the growth of our company, have the opportunity to receive a potential dividend (which we intend to pay quarterly), and receive a CEO Owner’s Club membership, which entitles you to everything Curzio Research publishes for the duration of the membership. (The membership period ranges from two years to lifetime and is dependent on the investment amount.)
The CEO token will be liquid after a lock-up period of 12 months (which begins the day after our token sale closing). As noted above, this “liquidity period” is much less than the typical waiting period for a private placement, where it takes an average of seven years (through an IPO / or acquisition) before investors can cash out.
You can use Bitcoin, Ethereum, or U.S. dollars to purchase CEO tokens.
Due to SEC regulations, all CEO investors must be accredited (U.S.) or qualified (based on international jurisdiction regulations). This requirement protects those who may be unable to sustain any economic risks of investing in unregistered securities.
With a security token offering, investors must show proof they’re accredited. This can be in the form of past tax statements (W2, Form 1099, Form 1040), bank statements, brokerage statements, or appraisals. You can also provide written confirmation from your licensed attorney/CPA verifying your accredited investor status.
(This is different from a private placement, where you usually just need to fill out a form and check the appropriate accredited investor boxes.)
This extra step is necessary, since U.S.-based digital token exchanges require this check (as well as KYC / AML) before allowing a token to be listed on their platform. And while this is a little time-consuming, it’s for investors’ benefit.
Curzio Research wants to make sure all investors fully understand the risks involved with this offering, including the potential loss of the investment.
You're an accredited investor if...
CEO tokens will be offered to U.S. and foreign citizens. Jurisdictions will be detailed in the investor (SAFE) agreement (available at the time of the launch).
Soft cap: $3 million
Hard cap: $12 million
Note: In the event the minimum offering amount is not achieved, purchasers shall receive a full refund of their investment.
Yes, the number of tokens issued will not exceed 3,332,000.
The value of the CEO token is directly related to the valuation of Curzio Research and not reliant on the price of any cryptocurrency.
Assuming the tokens are accepted and remain accepted on an exchange, investors can trade the tokens once the lock-up period is over. The lock-up period will end 12 months after the close of the token sale. (The close is anticipated to be April 2, 2019.)
There are several U.S. exchanges trading security tokens today. One is tZero, which launched its digital security platform in January 2019. More than a dozen more digital token exchanges are planning to launch in the U.S. over the next 12 months. They include Coinbase, Templum, SharesPost, and Open Finance. The London Stock Exchange and Nasdaq are also rumored to be launching security token exchanges in 2019.
Our partnership with Securitize, one of the best platform providers in the industry, should open the door for us to trade our token on some of the biggest (and regulated) digital security exchanges.
Investors will receive the tokens in their registered wallet just before the free trading date (12 months after the close of our offering).
We intend to update investors on all important business news and transactions. Since we plan to hire new analysts, build our executive team, create new products, and launch new marketing campaigns after the close of the sale, we anticipate having lots of updates to send our investors through 2019 and beyond. These updates may be released monthly, quarterly, or biannually, depending on newsflow.
Disclaimer: This site is not intended to be an offer to sell, or a solicitation of any offer to buy, any security or other financial instrument or to invest in the token issued by Curzio Research. The offering of the Curzio Equity Owners (CEO) Token has not been registered, qualified, or approved under any securities, futures, financial instruments, capital markets, or exchange control legislation, regulation, or ordinance of any jurisdiction. In all jurisdictions, any offer to sell or solicitation to buy a CEO Token, when made, will be directed solely to qualified institutional investors, qualified professional investors, and those other sophisticated persons to whom offers and solicitation may be made without any licensing, registration, qualification, or approval under applicable law. Before you decide to invest in a CEO Token, you should carefully read the CEO offering documents and consult with your own advisors. An investment in an CEO Token is speculative and involves risks, which you should understand prior to making an investment. The private placements of CEO Tokens have not been registered under the Securities Act of 1933, as amended (the “Securities Act”) or any state securities laws, and the CEO Tokens are being offered pursuant to an exemption from registration provided by Rule 506(c) of Regulation D under the Securities Act and in reliance on similar exemptions under applicable state laws. An investment in CEO is suitable only for sophisticated, well-informed investors, and investors will be required to represent that they are accredited investors as such term is defined in Rule 501(a) of Regulation under the Securities Act.
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