What is EGX?
Enegra has tokenized one hundred percent (100%) of the equity in Enegra Group Ltd, with equity represented by the ERC-3643 compliant EGX security token issued on the Polygon network (ISIN MYA159590209 issued by BurFeaturedWhere can I find out more about EGX?
As of 16 August 2023, EGX was trading at a 30 day average of around USD 196.50 across four centralised exchanges (CEX).
EGX market data can be found on the following public venues:
PolygonScan
CoinMarketCap
CoinGecko
EGX supply information cFew readersWhat are the benefits of holding EGX?
EGX is an ERC-3643 compliant security token, representing the equity of Enegra (e.g. ownership of the company). Enegra has tokenised 100% of the equity of the company, and EGX token-holders have all the rights of a shareholder, including dividends and voting.
Control of Enegra
EGX token-holders have the right to vote at the Annual GeneralFew readersIs EGX a cryptocurrency?
A cryptocurrency, crypto-currency, or crypto, is a digital currency designed to work as a medium of exchange in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by a centralized authority. Most cryptocurrencies are not backed by any real-world asset, aside from stablecoins such as Tether (USDT), which are often backed by a fiat currency such as USD. Cryptocurrencies are often issued and maintained by anonymoFew readersWho has invested in EGX?
Enegra was first registered as Enegra Ltd in Australia in 2011. It proceeded to raise capital and register operating subsidiaries in Singapore, Indonesia, and Malaysia. The original shareholders were mainly institutional or sophisticated investors.
In July 2019, Enegra Group Ltd was registered in Labuan, Malaysia, in order to tokenize the equity in Enegra Ltd, and restructure the company to have a parent in a more tax efficient and fintech-friendly jurisdicFew readersIs there a whitepaper for EGX?
Enegra is an existing commodity trading company, and is not a technology company or a blockchain project. EGX is a tokenised security representing the equity of the company, and is not a cryptocurrency. Enegra has licensed a proven solution from Tokeny to issue EGX.
Because there is no technology being produced, or need to create something, there is no wFew readers