Key parameter of the Enercom Token and its offering.
The legal opinion was required by the FMA and therefor we will also publish it to selected investors. Reach out to us and you can see it.
Our mission is, making this issuance of new shares accessible to everybody where our prospectus is passported to within the european union.
Passporting means that once the prospectus is approved in Liechtenstein – that we are able to seek a notification for each financial market authority for each EU member state and therefore can actively promote the financial instrument the Enercom Token within this region. As we have already finalised our Investor Dashboard where you can start your KYC here by clicking this link www.kyc.enercom.ag you can be one of the first to subscribe to this issuance of new shares which will be issued on the Ethereum Blockchain with the ERC-20 standard.
Why did we take the ERC-20 standard for a security token?
We have been screening the alternatives in the market and we believed that Ethereum is the most mature version along with this ERC-20 protocol. This can also be used fully to develop all the necessary smart contracts for the token, whitelisting, the STO itself and furthermore the dividend payments after the issuance of shares was successfully.
How easy is it to invest into the Enercom Token?
You can easily start by whitelisting yourself via kyc.enercom.ag you just need an Ethereum Wallet to make sure that you send the funds via your Ethereum Wallet into the smart contract. Alternatively you can also invest with a bank transfer – you can check out the blog post here if you are interested in this. Once you are subscribed to the Enercom Token – and have sent the amount which you are investing, then this is the time when you will officially be a shareholder of the new issued shares of the Enercom AG in Liechtenstein – where the shares were tokenized with the help of the Ethereum Blockchain.
Is investing in the Enercom Token secure?
We have everything in place internally that all our developed smart contracts are secure and especially cross checked with an external audit so that a minimum of 4 eyes has approved the smart contract.
If you have any questions regarding the token issuance or the smart contract, feel free to get in touch with us at any given time.
From great economic progress to building a better quality of life, energy is the driving force behind everything
From great economic progress to building a better quality of life, energy is the driving force behind everything. While living in the 21st century, individuals and societies have become significantly dependent on its potential, abundance, and convenience. It’s an undeniable fact that energy is propelling industries, sustaining societies, and boosting economies. Consider a power outage just for a few minutes, living without energy; it demonstrates how ineradicable its imprint is on your life, particularly on your daily activities. While it is making individuals’ lives easier and business goals achievable, on the other hand, it’s becoming more difficult for energy industries to keep up with the rising demand. That being said, the global economy is highly likely to consume even more energy in the future. In other words, higher global energy demand, dependence on fossil-based fuels for energy production and increasing population have lead to an inevitable energy crisis.
Europe on the Edge of Energy Crisis Believe it or not, the energy generated from fossils-fuels fulfills 80% of your current energy needs, which includes sources like coal, oil, and gas. However, the stated stats are anticipated to increase by half over the next couple of decades. This situation has been causing fear among many that we will run out of energy and it can lead to devastating consequences for the global economy. Speaking of the past two decades, oil reserves have increased by 40% and gas reserves by 70%; however, the expected rising demand indicates that the world will run out of renewable energy resources after 30 years.
Fossil-Fuels; the Devastating Energy Production Process for Earth However, the process for generating energy from fossil-fuels takes a huge toll on our ecosystems and landscapes. The unearthing and mining of huge areas to explore coal or oil deposits have drastically been destroying and leaching nutrients from lands, making them unfit for agriculture. This devastating process fragments and destroys the critical wildlife habitat. Furthermore, fossil fuels are non-renewable energy resources that release harmful air pollutants before burning. According to a report, around 12.6 million people in the US are exposed to toxic air pollution daily from oil and gas wells. These air pollutants include benzene and formaldehyde, which can cause leukemia and other dreadful diseases, including cancer. Besides, CO2 emissions in the atmosphere and burning of fossil fuels for energy are two of the major causes of rising temperatures. With the advancement in various economies, scientists have realized the disastrous consequences of burning fossil fuels for energy and come up with a new approach to keep up with the energy demand; they have developed technology that could derive energy from renewable sources. A product of natural resources like solar, wind, tidal, geothermal, biomass, and hydro, green energy has proven to cause no harm to our ecosystems. In addition, the renewable energy industry in Europe is also fostering technological innovations and development across the continent.
Green Energy While considering the aforementioned facts, many European countries have been encouraging and switching to the idea of utilizing ‘green energy’. That being said, the renewable energy revolution has taken off around Europe steadily. According to a report, Europe obtains more than 30% of its energy from renewable resources. While considering the escalation in energy demand, it’s expected that the proportion of renewable energy will increase by up to 50% by 2030. Considering the bright future of renewable energy, let’s take look at what it holds for investors in the long run.
Investing in the Green Energy Industry The global green energy industry amassed a total of $476.3 billion in 2014 and future projections by a BBC report indicate that the industry will grow at a 10.3% annual rate by 2019. Now, renewable energy is becoming more economically viable, luring consumers to shift to these technologies along with growing concerns over fossil-fuel energy production. Speaking of investors, they are reconsidering the market for making investments. If you talk about the future of the renewable energy industry, the future seems ‘green’; a report reveals that this particular sector will receive around $5.1 trillion in investment by 2030. Moreover, investing in the renewable energy industry, particularly in wind parks, is certainly a profitable idea for investors.
The Bottom Line Today, Europe is the center of the renewable energy revolution, and has made a great impact on the fossil-fuel energy production industry. For safer, cleaner, and more secure supply of energy needs, European citizens and businesses are shifting their focus toward green energy. Keeping the aforementioned details in view, the future of green energy seems economically viable.
We believe in transparency, this is how we are successfully throughout the business relationships we have had in the past and new relationships we will build for the future of Enercom AG.
The workflow for distribution of dividends will look similar to the graphic which we already added to the prospectus.
With this setup, we are very confident that we have all professional stakeholders onboarded until end of April so that the distribution of first dividends can happen in May. This is also aligned with our timeline which we have in our prospectus.
- Offering will run until the end of March (subject to change depending when FMA Liechtenstein will approve prospectus)
- The Enercom Token itself will be issued until end of April
- Then we plan another 1 month to make sure that the dividend distribution will work as efficient as possible so that every investor can get their fair share back for their trust to make the offering a great success
Overview of the complete whitelist, contracts, processes
The current dividends are accumulated within the business account of API Mobile SIA you can always find out more about API Mobile here. Those dividends will then be distributed towards the holding Enercom AG (once the sale of API Mobile to Enercom AG is successfully done) with the successfully raise of the Enercom Token we will also use part of the use of proceeds to purchase Rapsoil SIA to make sure that further dividends for our token holders will be sustainable beside the API Mobile SIA dividends which have a great potential to increase due to highly experienced management and team players within the new potential subsidiary API Mobile SIA. We will be able to further work on the project of Rapsoil SIA to make sure all the groundwork will be finalised to achieve a way for future partners to easily access the project and start creating value to buy and build the wind turbines so that revenue is generated with producing energy and sell them to the grid with a potential power purchase agreement with Nordpool Group or any other potential buyer. If you have any questions about our business model, or how we plan certain things beside some details of the prospectus feel free to reach out to us so we can make sure you fully understand what we want to achieve in the future and do our piece for a better tomorrow for our children and grandchildren.
Or reach out via phone
Compliance is getting more and more important over the last several years for blockchain-related startups. At the core are certain checks with industry-standard tools to make sure that the subscribed investors is not related to politically exposed persons, or might even be wanted or related to fraud cases worldwide. So usually most of the KYC checks on Investors are rather straightforward but the compliance partner needs to make sure that latest checks are a state of the art to make sure that none of the investors are related to money laundering or terrorism finance. This is achieved with several layers and we are very keen to follow them with industry experts from consulting firms over to one of the leading blockchain bank in Liechtenstein Bank Frick.
Software to help compliance
We are onboarding individual persons but also corporates slightly differently with regards to fields which we ask to fill out so that our compliance partner can do their job faster, better and with fewer errors.
You can start your KYC Application here kyc.enercom.ag only whitelisted Investors (who are approved through kyc.enercom.ag will be able to invest)
Different level of KYC details
Furthermore, we have certain levels which are required by the Bank compliance to make sure to follow – this is aligned with our compliance Partner BDO Liechtenstein.
Source of funds
Please make sure that if you fill the source of funds that you are as detailed as possible. You can access the list with this link.
Do you have any questions with regards to KYC as potential Investor? Reach out to us via email, telegram or phone we are there to help.
Today, after a very intensive months of research, structuring of the business we finally submitted the prospectus for Enercom AG through Florian Scheiber our Legal advisor to the FMA Liechtenstein. Many of you did not probably know but the European Securities and Markets Authority (ESMA) recently published new guidelines on how a prospectus needs to be structured – as we thought we would be able to submit prior to that deadline we completely structured the prospectus based on the old template as FMA was also not sure whether they can provide the first set of feedback within this timeframe. So we had to decide to adopt the prospectus to the new guideline in order to submit it to the FMA in Liechtenstein. A big thank you to the team and also Florian Scheiber for helping us navigate through this big task for Enercom AG. So we could say we were the first prospectus submitted towards FMA Liechtenstein with the new prospectus regulation in the area of telecommunication and renewable energy as tokenised equity of an Aktiengesellschaft which was incorporated in February 2019 in Liechtenstein.
See below the document which we submitted to the FMA.
Rapsoil SIA (reg.no. K073437 02.04.2009), this segment is an SIA – SIA is the abbreviation of “sabiedrība ar ierobežotu atbildību” (exact translation is a limited company) Liability). SIA is very similar to UAB (in Lithuania), OÜ (in Estonia), GmbH (in Germany), SARL (in France, Luxembourg). The status and characteristics of the SIA are specified in several articles of the commercial law of the Republic of Latvia.
This company was founded in 2009 with the aim to build projects in the field of renewable energy over this period, the project in the former form has laid the necessary foundation to put into operation a highly efficient wind farm at this very moment the project was at that time acquired by the current shareholders of Enercom AG in order to pursue the foundation after the owner of the project Rapsoil was carried out, today’s shareholders decided in recent years to strengthen the foundation, which resulted in a project that now has all the necessary certificates to immediately realize the wind farm of 15 turbines, once the setup would be finalised – produced electricity would be sold to the largest customer of electricity in the Nordic. Nord Pool AS operates Nord Europe’s largest electricity market in terms of traded volume (TWh) and market share. The company operates in Norway, Denmark, Sweden, Finland, Estonia, Latvia, Lithuania, Germany and the United Kingdom and is a Nominated Electricity Market Operator (NEMO) in 15 European countries. It also serves the electricity markets in Croatia and Bulgaria. More than 80% of Nordic’s total electricity consumption is traded through Nord Pool. It was the world’s first multinational exchange for electricity trading. The produced energy produced by Rapsoil SIA would immediately be fed into the grid.
See the Factsheet and Presentation for further information.
Mission of Api Mobile
Api Mobile’s mission is to harness state-of-the-art technology, a spirit of innovation and sound business practices to facilitate mutually beneficial relationships within the global telecommunications marketplace, by providing efficient, quality services to clients and stakeholders, with the highest degree of integrity. Api Mobile nurtures and promotes entrepreneurship by providing technical and financial solutions to its customers and investors governed by fairness and transparency.
Api Mobile’s management has 50+ years of wide and varied telecommunications and related IT experience, combined with financial expertise grounded in fundamental principles and with real world know-how. It worked in the c-suites of some of the top telecommunications companies in the world, grew start-ups that began on its kitchen table, built private networks around the globe and consulted on, and helped fund, infrastructure projects in over 25 countries.
Partners and technology
Api Mobile’s business partners range from large PTTs to mid-sized wholesalers and resellers to small vendors focused on just a few routes. To insure the integrity of our trading environment, all involved carriers pass a rigorous credit assessment and are insured by world leading credit risk insurers to provide peace of mind for all involved. Whatever the distance or technology, Api Mobile is managing its interconnections quickly and efficiently over its superior technical infrastructure and state of the art business support platform, based on web-driven software built on telecommunication industry standards like H323, SIP and Frame Relay, SS7 and utilising industry leading equipment from CISCO, SANSAY, DIALOGIC, MERA and IVR Technologies, all of them under Session Border Controller (SBC) policies and the highest security environment.
Api Mobile is based in Riga, Latvia and is very well connected in the telecommunications area worldwide.
is engaged in the international wholesale of voice and SMS transfer, which means that Api Mobile connects to telecommunication companies and offers voice and SMS communication connections to various international destinations to its customers. An obvious example would be: Api Mobile has an interconnection with a company capable of delivering mobile voice calls to one of Tunisia’s telecommunications networks, such as Orange, at a price of EUR0.2745 per minute, Api Mobile has a customer with a constant traffic to this operator’s network and the customer is ready to pay EUR0.2749 for a high quality connection. The international telecoms market is not very homogeneous and consists not only of large and recognisable Tier1 companies, but also of smaller scale companies that provide services to B2B customers, tech companies, and sectors that are not directly interested in interconnecting with leading market players. Api Mobile is a relatively young, mid- sized company, but as it is made up of a team of experienced telecommunications professionals, it creates the preconditions for a relatively rapid growth of Api Mobile. The total count of mobile phone users in the world continues to grow at the expense of developing countries, and while the decline in end-user costs prevents the market from experiencing significant growth, global telecom revenues continue to remain stable. the Issuer’s customers and suppliers are foreign companies that use the opportunities provided by Api Mobile to connect to world-class companies to whom it would not be economically viable to establish direct interconnections.
Api Mobile offers the establishment of Voice Transit Interconnection and SMS delivery service with Tier1 / Tier2 companies, enabling corporate customers to choose the least resistance path – to build relationships with Api Mobile and send calls or SMS through global player networks without direct relationship with them. It is way more cost-effective and technologically simpler than concluding a co-operation agreement with, for example, British Telecom, that may take about a year to make systems adapt to the technological requirements of BT, which include a long period of safety and technological compliance testing and a relatively large advance payment unavailable to the most of Api Mobile existing and potential customers. As a result, companies with voice or SMS communications to specific destinations (countries or specific operators) can choose Api Mobile as a communication partner to establish a partnership to benefit from competitive tariffs, simplicity of procedures, high network stability and quality of communications provided.
Quality assurance and network supervision
When starting a cooperation various inquiries are provided on the potential customer, KYC, goodstanding and credit risk assessment if that’s necessary. We have many years of cooperation with insurance broker Marsh, which helps to insure the Issuer’s customers at Coface or Euler Hermes. It should be noted that there are several thousand Tier2 and Tier3 telecommunications companies in the world, but the industry is generally relatively compact, therefore the circulation of information about customer or supplier credit, strengths or weaknesses is relatively easy to access, which lessens the occasional risk of fraud, yet it tends to happen anyway. After signing a co-operation agreement, testing of technological compatibility is done, which includes the exchange of the main characteristics of the used communication platforms, the establishment of interconnection and testing of its functionality. During the tests, a significant number of calls are made to make sure that all the main indicators are within the normal range. Each call is registered in the systems of both parties and becomes the basis for settlements between companies. Both parties keep records of the call details (CDR) according to the jurisdictional rules of each company and they consist of: start and end time of the call, total call duration, caller number and call destination number, identifiers for both systems, specific destination per minute and a number of technical details identifier. Summing them up at the end of the CDR period, an invoice is issued for the calls made, which both parties compare to the CDRs stored by both systems and either confirm the invoice or raise a dispute within 30 days after invoice date. For the most part, the cooperation agreements contain a clause on if the call volume differences are between 1% and 1.5%, the bill is not to be disputed because the discrepancies in this amount can be caused by a number of technological factors that unfortunately cannot be completely eliminated by the modern technology.
When the collaboration is already underway, testing goes into the routine phase, and measurements of communication quality are almost continuous to prevent network operation problems that may cause customer dissatisfaction with the service provided. Measurements of each connection are regularly performed for the following characteristics: post-dial delay (PDD) how long it takes for the customer until the “call” signal is heard after number is dialed in, if this time is too long (too many interconnections/systems involved in route), in customers this may cause dissatisfaction; ALOC / ACD (average length of call / average call duration) average call duration measurement indicates the quality of the sound properties of a particular connection – if the average call duration for a particular destination (for example, from USA to Guatemala) is 5min30sec, but the duration decreases over the last 30 minutes to only 3min40sec, this indicates the need for in-depth testing as it indicates a decrease in sound quality indicators on a particular line; ASR (answer to seizure ratio) This measurement indicates how many calls from the overall calls are answered, the average is about 30% -40%, which allows you to keep track of the quality of the services provided by your suppliers – an inadequately low ASR indicator indicates low line capacity (carrier is not able to connect more than X calls and too many are rejected, indicating that additional line capacity is required), or a too high indicator (most of the calls seem to get connected) may indicate an error in the supplier system, which will later be returned to the supplier in an inappropriately large bill.
Vendors and customers
Api Mobile’s customers are EU and foreign telecom companies who need to deliver their customer calls to specific destinations. As a similar example in Latvia, CSC Telecom, that offers call services to Latvian companies, is collecting incoming calls from their customer to the CSC Telecom call center and the Issuer has to go to the market and choose the most advantageous cooperation partners that will deliver these calls to their final destinations. These can be either Tier1 companies or Api Mobile size and capability companies that may be more flexible and more specialized to specific geographic destinations, or to provide a particular service. The best deals in EU destinations in Latvia are likely to be available from Lattelecom or leading mobile operators, but Api Mobile may be able to offer more favorable conditions for its traffic to Latin America, the United States and Northern Africa. There are many telecommunication solutions in the world that create call flows through Tier2 and Tier3 market participants, but are not distributed in Latvia – such as calling cards (dialing through a card issuer center provides calls to a specific destination – for example, a calling card in the UK with 300 minutes would allow the customer to call to the UK in 300 minutes), which is common in several countries in Western Europe, as well as in the US. In order for this calling card service to be able to offer sufficient flexibility, competitive price and quality, service providers turn to the market for similar companies like Api Mobile and are in competition for the ability to deliver the above mentioned call flows.
Top 10 partners
|Telecom Italia Sparkle|
|Micro Ocean Telecom|
|Twelve Telecom Ltd|
|Twelve Telecom Ltd|
|SMS Provider Corp|
|Globe Teleservices Limited|
|SmartTel Plus OÜ|
|SVM Telecom LTD|
|Global Voice SRL|
Call handling on a platform
Api Mobile uses dedicated, certified software – Digitalk – to connect and maintain connections, which is one of the leading voice call platforms on the market. The call connection platform is maintained in a data center that ensures high data security against intrusion into the system and minimizes the risks of data theft by connecting to a custom VPN connection that excludes data theft on the data path from the user’s call platform to the server in the data center. The call platform performs call-forwarding and routing functions according to the technical settings. Billing and sending invoices to customers is done automatically by the platform at the end of the billing period. The most frequently used billing periods are 7 days (from Monday’s first second until Sunday’s last second), 15 days (from the first second of the calendar month to the last second of the 15th date, and from the first second of the 16th to the last second of the last day of the calendar month) as well as the monthly billing cycle (from the first second of the first day of a month to the last second of the last day of the month). Price announcements are sent and imported on the call platform and, together with the supplier connection quality scores, serves as settings for call routing. For each destination, there are often several prioritised vendors, and the technical settings are set up to ensure a stable connection. For example there is a need to provide a stable and cost-effective connection with Guatemala at a sales price of 0.1015 and the approximate composition of the technical settings by the suppliers could be as follows:
a) price 0.0950, ASR 35%, ALOC 5.04, parallel call capacity 350
b) price 0.0985, ASR 40%, ALOC 4.40, parallel call capacity 180
c) price 0.0995, ASR 30%, ALOC 5.45, parallel call capacity 270
The platform will primarily divert the calls to the vendor a, because he has the lowest price and comparatively good quality indicators. If the first supplier rejects the call and returns it to the system with the code 403, then the platform will attempt to connect to the supplier b, if it fails, then c, if it fails, it will return the call to the customer with the same technical code 403. Such development would lower Api Mobile ASR scores as well as worsen PDD scores indicating that we’re not able to deliver calls customers send to us. Therefore, the Issuer always keeps track of the optimal routing settings for all destinations to connect the highest number of calls possible at all times. As soon as the quality of a supplier’s connection starts to deteriorate and does not reach the expected results, it is manually replaced with another route whose price offer allows cost-effective operation, while the quality indicators meet the need to provide customers with a stable and quality service.
SMS Traffic routing
Api Mobile is currently also increasing their SMS Traffic within 2019.