Aziza Project LLC, via the Aziza Coin, Offers a Tokenized Oil and Gas Fund Investment Opportunity

December 19, 2018 09:30:06
  • The Aziza Project focuses on investing in operations in the underdeveloped Southern Africa region
  • The company’s Aziza Coin is an asset-backed security token
  • The Aziza Project owns 20 percent of Africa New Energies

London-based Aziza Project LLC offers digital tokens backed by assets. Aziza offers a tokenized oil and gas fund investment opportunity comprising a security token offering, which will permit coin holders to share in company profits. The Aziza Project owns 20 percent of Africa New Energies (ANE). ANE, which has been operating in Namibia for six years, has rights to a huge hydrocarbon concession in the nation valued at $500 million. The Aziza Project is looking to raise $60 million via the sale of the Aziza Coin, an asset-backed security token. The proceeds will be used to underwrite a drilling program and make investments in other early stage oil and gas companies.

A major difference between cryptocurrency tokens and coins is that tokens are built and hosted on existing blockchains. Coins, based on their own blockchains, are standalone cryptocurrencies (http://nnw.fm/eaqD8). The crypto industry is moving toward sensible mainstream regulation and adoption, as well as…

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