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Overview
Name
Millennium Sapphire
Symbol
MSTO
|
MSTO
Current Price
$2.95
Price - Green Arrow
Updating...
24h Volume
0
Updating...
Fully Diluted Market Cap
$84,687,643
*Coinmarketcap
Last Trade
Sep. 13, 2021
Updating...
Price Graph
Technical Features
Smart Contract
0x8D26ccA0D58913932157dD4b294d4C95066172dF
Token Supply
149,999,499.9999 MSTO
Token Standard
ERC-20
About The Asset
INX is proud to introduce: MSTO
Explore this new security token on our platform. MSTO is a security token offering from Millennium Fine Art, Inc., the owner of the world’s largest natural carved sapphire, the Millennium Sapphire, which is valued at $150M USD*. Images of historical scenes have been etched into the sapphire making it a one of a kind piece of art in addition to a valuable asset. There are 134 scenes in total and MFAI developed NFTs of the gem, and they have assembled industry leaders to create a powerful NFT production studio, leveraging the content carved on the sapphire. The fractionalized ownership of the sapphire and NFT studio profits is sold through a security token.

How it works: 
Millennium Fine Art, Inc. (MFAI), is the owner of the Millennium Sapphire which is the world’s largest natural carved Sapphire and valued at $150M USD*. The Sapphire backs the token as collateral and investors in the MS Token acquire a pro-rata tokenized interest in the business of MS Token LLC. This includes a pro rata equity interest in the Millennium Sapphire and its associated artwork as well as profits derived from owning its intellectual property, including those from future NFT productions. 

*Source: Based on Millennium Sapphire’s independent appraisal of the gem
From The Media
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This material has been prepared by INX Securities, LLC (“INXS”). This material is provided for informational purposes and is not a solicitation or an offer to buy or sell any financial instruments. The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personal investment advice. The information upon which this material is based was obtained from sources believed to be reliable, but has not been independently verified and, therefore, INXS does not guarantee its accuracy or completeness. INXS does not accept liability for any direct or consequential losses arising from the use of information contained in this material. Investors should consider the information in this material as only a single factor in making their investment decision. Before making an investment decision, investors should carefully read all the relevant information including the offering memorandum and the important disclosures regarding risks associated with such an investment.

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