How do I get started?πŸš€

TEX tokenizes Private Equity deals with ERC-1155 and corresponding ERC-20 tokens to enable on chain trading. Legally, TEX uses a special investment fund in the British Virgin Islands to either execute forward swap agreements or other similar vehicles to purchase companies’ shares, and then issue corresponding GELT to enable on-chain trading. That way we bring Private Equity to DeFi, enabling global 24/7 access with lower entry cost, and made it possible for all DeFi investors to access in the most popular private secondary, or Pre-IPO deals like OpenAI, SpaceX.

How to start? 1. Connect your Web3 Wallet to TEX ‍ 2. Complete the onboarding process Regulatory requirements obligate us to conduct appropriate verification checks. You will be requested to verify yourself and your residence by uploading relevant documents. The process will not take more than a few minutes! ‍ 3. Start trading ‍ What do I get when I invest? When you purchase a GELT you buy a token representing an underlying claim to a unit of equity in our fund which holds shares or contracts for shares of a particular company on its balance. GELT smart contract guarantees the ownership right for the underlying company. How do I get profit? ‍In general, venture investors get profit when the company they invested in increases its valuation through the funding round or when it goes public, initiating a liquidity (exit) event. GELT holders profit exactly the same way, either when an underlying company increases its valuation or goes public, or by reselling their GELT on TEX. Can I sell my GELT? Yes. Simply create a sell order for your GELT on the corresponding company page. Who can invest? TEX is democratizing access to institutional grade investments. You don't have to be an accredited investor or have a lot of capital. There are only several conditions for you to start investing in unicorns! You must be at least 18 years old to be able to use the app. Make sure to read our terms of service, where you can find the information on restricted countries, which are prohibited to use TEX. Please note that residents from the USA, Iran and North Korea are strictly prohibited from using TEX. Is it all regulated? We take pride in being fully legal and transparent with our operations. TEX abides by all regulations in its jurisdiction of operation. However, TEX is not compliant with U.S. securities regulations, and as such, no U.S. Persons inclusive of qualified funds and entities are allowed to use TEX.

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