FINSTORE.by platform, and MAZ issue $2m tokens in support of MAZ-SPORTavto racing team

<p> MINSK, Mar 24 - PrimePress. Bank BelVEB’s investment platform FINSTORE.by and Minsk Automobile Plant (MAZ) have started placing tokens in support of the racing team MAZ-SPORTavto to the tune of $2 million at 6% per annum and a two-year circulation period, according to the press service of Bank BelVEB. </p> <p>   </p> <p> The issuer of the tokens guarantees investors the possibility of early repayment of invested funds after 1 year of token circulation. </p> <p>   </p> <p> “The funds raised will be used to finance the team,” the bank's press service told PrimePress. </p> <p>   </p> <p> MAZ-SPORTavto trucks have repeatedly become prize-winners and winners of various world-class rallies. The team is planning to take part in the largest international rallies: DAKAR, Silk Road, Kagan Gold, Simbirsky Trakt. </p> <p>   </p> <p> MAZ-SPORTavto truck racing team was founded in 2010 as a non-profit project. The design, construction and tuning of racing vehicles and maintenance vehicles is done directly by the plant’s employees. </p> <p>   </p> <p> The Finstore.by platform was created by BelVEB Bank in early 2019. Since October 2019 Finstore.by has been operating in the legal regime of the High Technology Park (Hi-Tech Park) in accordance with Decree #8 "On the development of digital economy" by the President of Belarus. </p> <p>   </p> <p> The platform is authorized to provide ICO services, act as a cryptoplatform operator, and provider of token services. </p> <p>   </p> <p> The number of users registered at Finstore.by exceeds 2,600 and the amount of investments raised has exceeded $15.5m. The service is available from anywhere in the world 24 hours a day, seven days a week. Both individuals and legal entities of the Republic of Belarus are entitled to purchase tokens issued by Bank BelVEB. End </p>

2021-03-25

Primepress