HORIZON GLOBEX ANNOUNCES COMMENCEMENT OF $35 MILLION VOX INITIAL COIN OFFERING
September 14, 2018 --
Zug, Switzerland - September 14, 2018 - Horizon Globex GmbH of Switzerland ("Globex"), an established Swiss software and communications business, announced its $35,000,000 Initial Coin Offering ("ICO") today. Globex is offering VOX tokens to power Talketh1, its communications and blockchain crypto-payments service, https://talketh.io.
Worldwide Crypto Payments: Talketh is a smartphone communications app with its own Ethereum cryptocurrency wallet and frictionless blockchain payment service. The World Bank estimates1 that 1.7 billion adults remain unbanked, yet two-thirds of them own a mobile phone. Talketh bridges this gap with its cryptocurrency scratch-card that's distributed in emerging markets, paid for in local fiat currency, and is then redeemed for Internet call-credit, without the need for a bank account. Low cost Internet calls used to be only for those fortunate enough to have a bank account, not anymore! This is the blockchain reinventing yet another industry.
Calls for All: The Talketh app is powered by Globex's patented ultra-low bandwidth voice software. The GSMA estimates2 that there are 3.3 billion mobile Internet users with just 29% having access to high-speed broadband. Globex's optimized app needs 9x less Internet speed than Skype3 and was designed to work for all mobile Internet users, especially for those 2.3 billion people connected to a slower 2G and 3G mobile Internet service typically found in emerging markets.
Leveraging Globex's 8+ years' experience delivering mobile communications and driven by its powerful management team, Globex is breaking-down technology barriers and delivering a blockchain-enabled communications service that can be used from New York to Nairobi. Talketh users can call each other for free or they can choose to seamlessly pay a small amount on the blockchain to digitally call a local landline, a cell phone or even call loved-ones overseas; at prices well below their local cellular operators.
The Company seeks to raise up to $35 million to fuel Talketh expansion, marketing and operations by issuing the VOX tokens. The VOX token is issued in accordance with the Ethereum ERC-20 standard and pursuant to the Securities and Exchange Commission Regulation D, Rule 506(c) registration-exemption. In addition, VOX is designated as a Utility token pursuant to the Swiss Financial Market Supervisory Authority token offering guidelines published on February 16th, 2018.
Utilizing Globex's proprietary KYC smartphone app, ICO participants can safely purchase VOX tokens using US Dollars, Swiss Francs, Ether or Bitcoin.
To learn more about the offering and participate visit https://talketh.io/kyc.