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NEW Tools on CoAssets

CoAssets launches new tools on its crowdfunding platform in Singapore, including a heat map, transaction data, and listings. Explore different types of crowdfunding and learn about return-based crowdfunding. Investors can contribute large amounts while backers contribute smaller amounts. The platform plays a bigger role in investment sum payouts and accounting. User education is a focus, paving the way for equity-based crowdfunding.

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NEW Tools on CoAssets

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  1. NEW Tools on CoAssets Coassetscrowdfunding platform

  2. SG HEAT MAP • https://www.coassets.com/research/singapore/

  3. SG TRANSACTIONS • https://www.coassets.com/research/singapore/

  4. SG Listings • https://www.coassets.com/research/singapore/

  5. crowdfunding on Coassets NEW crowdfunding product launch

  6. Different kinds of crowdfunding RETURN-BASED CROWDFUNDING

  7. Donation or reward

  8. Return vs reward INVESTORS Large Amount S$1,000’s to S$100,000’s BACKERS Smaller Amount S$1-S$100’s

  9. REtuRN BASED CROWDFUNDING Platform plays a bigger role INVESTMENT SUM PAYOUTS ACCOUNTING LEGISLATIONS USER EDUCATION

  10. Paving the way for Equity based crowdfunding • April 2012, President Obama and Congress passed the Jumpstart our Business Startups (JOBS) Act • IMPACT: Source: Fundable

  11. SINGAPORE?

  12. REtuRN BASED CROWDFUNDING Platform plays a bigger role

  13. Invest as low as $1000 in a real estate project Automatically track payouts Platform takes care of recourse

  14. CoAssets roles

  15. disclaimer The materials on this presentation are provided for informational purposes only and do not constitute legal advice. These materials are intended, but not promised or guaranteed to be current, complete, or up-to-date and should in no way be taken as an indication of future results. Transmission of the information is not intended to create, and the receipt does not constitute, an attorney-client relationship between sender and receiver. The newsletters and articles on this website are offered only for general informational and educational purposes. They are not offered as and do not constitute legal advice or legal opinions. You should not act or rely on any information contained in this website without first seeking the advice of an attorney.

  16. WHAT ARE THE MAIN REGULATIONS TO CONSIDER LEGAL PRECEDENCES

  17. Moneylender • Investor have to be careful not to be perceived as a moneylender • Unlicensed moneylenders - fine + jail • http://statutes.agc.gov.sg/aol/search/display/view.w3p;ident=c042d461-cc6a-4246-a27d-ffc2de93f9f8;page=0;query=DocId%3A%22661d66b0-3f63-4324-a4a2-9eb0b2278c04%22%20Status%3Ainforce%20Depth%3A0;rec=0#pr15B-he-. • Loans from non-licensed moneylenders can be voided by the court.

  18. Then how can caworks? Lending to companies are excluded from MLA (http://statutes.agc.gov.sg/aol/search/display/view.w3p;page=0;query=CompId%3Acab9da7d-bd5d-49a7-a7ed-e8ed8ff1819f;rec=0;resUrl=http%3A%2F%2Fstatutes.agc.gov.sg%2Faol%2Fbrowse%2FtitleResults.w3p%3Bletter%3DM%3Btype%3DactsAll#pr2-he-. “excluded moneylender” means — ....... (c) any society registered as a credit society under the Co-operative Societies Act (Cap. 62); (d) any pawnbroker licensed under the Pawnbrokers Act (Cap. 222); (e) any person who — (i) lends money solely to his employees as a benefit of employment; (ii) lendsmoney solely to accreditedinvestorswithin the meaning of section 4A of the Securities and Futures Act (Cap. 289); (iii) lendsmoney solely to — (A) corporations; (B) limitedliabilitypartnerships; (C) trusteesortrustee-managers, as the case maybe, of business trusts for the purposes of the business trusts; (D) trusteesof realestateinvestmenttrusts for the purposes of the realestateinvestmenttrusts, orwhocarries on anycombination of suchactivitiesorservices; or (f) anyperson carrying on any business nothaving for itsprimaryobject the lending of money in the course of which and for the purposeswhereof he lends money;

  19. CoAssets roles

  20. Transparency • Information from the Opportunity Provider • ACRA • Company Background • Land title/ ownership proof • OP background check • Project details • Investment Structure • Standard contract • Standard process • Recourse Process • Personal Guarantee • CoAssets to proceed with claims against the OP

  21. Standard Contract S$100,000 onwards 1 Year Horizon Return can be monthly, quarterly or yearly Personal Guarantee Funded or refund (60 days)

  22. View Project • Click to Invest Standard process • Proceed to KYC (if not completed) • Sign E-contract sent to email • Deposit sum into CA account • CA transfer full sum to OP • CA collect payouts from OP • CA distributes to investors

  23. Due Diligence and Recourse • Social profiling of lenders (AStar collaboration)

  24. HOwever... • Invest within your means • Crowdfunding enables you to invest as little as S$1,000

  25. CoAssets roles

  26. Technology • Completely online process of investment • Investment size can be down to S$1000 IS ONLINE CONTRACT ENFORCEABLE??

  27. E-signelectronic transaction act • http://statutes.agc.gov.sg/aol/search/display/view.w3p;ident=10ea7bcc-ff0d-4415-aefc-434a8a89dc18;page=0;query=CompId%3Af581257b-3456-4da1-8205-5e8f98c5f30a;rec=0;resUrl=http%3A%2F%2Fstatutes.agc.gov.sg%2Faol%2Fbrowse%2FtitleResults.w3p%3Bletter%3DE%3Btype%3DactsAll#pr8-he-.

  28. AS LONG AS THE e-sign method is approved… CoAssets integrates the e-signing process provided by Adobe to our platform: https://www.echosign.adobe.com/content/dam/echosign/docs/pdfs/EchoSign-Security-Overview.pdf?promoid=KPJTM

  29. How coassets works? Coassetscrowdfunding platform

  30. coassets • Projects, Events, News and Tools

  31. Project for selected users • https://www.coassets.com/project/view/96/ Click on I’m Interested Confirm the email is correct Confirm the amount Check the agreement Click Submit

  32. User Dashboard (1) • https://www.coassets.com/profile/investment_dashboard/ Uninvested Amount Notify CA that user is depositing Pending deposit (i.e. after user send a cheque or wire the moeny, we will need to confirm) User request withdraw

  33. User Dashboard (2) • https://www.coassets.com/profile/investment_dashboard/ Ongoing Deals Funded Deals Completed Deals

  34. KYC before investment (1) • https://www.coassets.com/account/kyc/

  35. KYC before investment (2) • https://www.coassets.com/account/kyc/

  36. Business Process Overview

  37. HANDS-ON: JavalandPte Ltd • https://www.coassets.com/project/view/96/ • 10% return per year • 1 year horizon • Personal Guarantee • Min Investment S$1,000 • If S$100,000 not reached – full refund

  38. QUESTIONS • Do KYC • Fill up EOI

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