Overview of the Infinite Fleet STO

Exordium is making waves in the gaming and blockchain communities with their public security token offering (STO) for the highly anticipated sci-fi strategy game, Infinite Fleet. Slated to start on January 18, the offer aims to raise a staggering $8 million. Notably, Tether International, the powerhouse behind the largest stablecoin, is leading the charge with an investment of $1 million, signaling strong confidence in this groundbreaking initiative.

Investment Details and Participation

The public portion of this offering is capped at $1 million, targeting select European nations, while skipping over Germany and Belgium due to regulatory hurdles. But here’s the kicker: unlike typical pre-sales, investors in the STO will snag equity in Exordium, along with a slice of future profits—yes, you heard that right!

• Minimum Investment: Investors can start with just $100.
• Token Representation: The security tokens will reflect a pro-rata right to 20% of Exordium’s profits.

Why Choose an STO?

Hope Fan, the chief marketing officer of Pixelmatic, elaborated on why they opted for this route. In a world where utility tokens often pirouette in a regulatory gray zone, an STO provides a more solid foundation:

“With an STO and a public filing, we are able to offer equity to the average person who supports the project, which is pretty cool.”

This not only fosters a stable business model but also advocates for the adoption of crypto in both gaming and capital markets.

The STOKR Platform: A New Frontier

The STO is being launched on the STOKR platform, which aims to democratize access to venture capital projects. Integrated with the Blockstream AMP platform, it utilizes Bitcoin’s Liquid sidechain to issue the security tokens. This exciting model positions STOKR as a pioneer in merging finance with gaming.

Thoughts from Tether’s CTO

Paolo Ardoino, Tether’s chief technology officer and a former MMORPG developer, shared his insights on the potential synergies between crypto assets and gaming:

“It is a perfect match of two rapidly growing digital sectors with tremendous upside.”

As the gaming landscape evolves, the intersection of cryptocurrency and interactive adventures like Infinite Fleet may redefine how we play—and pay for—our favorite games.

Past Fundraising Efforts

Exordium has had a rocky—but promising—journey in fundraising. Back in 2020, they announced their intentions to raise capital through securities sales on STOKR, building anticipation in the gaming community. They even garnered $3.1 million in a private STO round through BnkToTheFuture, demonstrating substantial early interest.

With a combination of equity offerings and a seasoned team behind the project, Infinite Fleet promises to be an unmissable experience for both gamers and investors alike!