Investors

The purpose of the KYC is to ensure that you are identified as the rightful owner of the MOD tokens and to meet the legal requirements.

As an iOS user you can download the Token App via Testflight. First, download Testflight in the App Store. Then click on the Token App download link on your iPhone to download it and you are good to go. If you already have Testflight on your device, you can directly click on the Token App download link.

If you need support, please open a service desk request.

Android users can download the Token App directly through the Google Play Store.

Payouts are made to your personal ERC20 USDT address, which you will have to enter during the onboarding.

Payouts are made on a quarterly basis and are made in USDT.

Please send you request to the dedicated service desk, including: 
- your full name
- the amount of tokens you've sent
- your ERC20 USDT payback address

The transfer is much easier and the correctness of the address is easily verfiable. Also, USDT is a standard ERC20 token and can be sent to any Ethereum address. It so solves the issue that not everyone has an IBAN for his bank account. 

As of Q1 2021 Participation Certificate Holders will receive a quarterly update to the email used in the tokenswap process. If you do not receive our quarterly email, please send a message to info@modum.io. We will not make official statements to participation certificate holders through Telegram as of 2021.

In order to be able to prevent double taxation and claim the withholding tax (WHT) your country needs to have a double taxation agreement with Switzerland > read more here. To claim the return of the withholding tax (WHT) you need the letter “Dividend Confirmation” you have received from Modum on 18 December 2020. File your taxes following your local regulations or talk to your tax advisor.

Even though our legal team did a full due diligence, the formal processing has slowed us down, resulting in a delay in issuing the custody account statement. This means you cannot yet add your participation certificates to your own bank deposit (ISIN not yet available) and the delivery of the statements from Devigus are delayed. We will inform you as soon as this is cleared. However, we decided to payout the dividends anyway in order to keep the initial timeline. Read more about the dividend payment below (question 7).

Modum has made dividend payments to all participation certificate holders who have submitted their bank details until 11 December 2020. Should you not have received your payment yet, you either have submitted your bank details after 11 December 2020 or the payment did not go through. In case payment did not go through, we will approach you directly in the beginning of January 2021 as international payments take a while to process.

The USDT compensation payments for the cash-out have also been made to all who have burned their MOD tokens and submitted their wallet address until 11 December 2020. 

The next dividend and compensation payout batch will be made in Q1, providing enough data is available.

If you opted for Participation Certificates, please make sure to submit your bank details in the web app > www.tokenswap.modum.io.

To login, you have to use the same login information used when onboarding. Please note that the web app is case sensitive.

By the end of 2020, we will

• Close the “Announcements” Channel on Telegram as all announcements will be done by email as of 2021.
• Rename the “modum.io AG - Tokenholders – Official” channel to “modum.io AG – Tokenholders” and leave it fully to the community to exchange without our participation.
• Rename the “modum.io AG - Discussion – Official” channel to “modum.io AG – Discussion” and leave it fully to the community to exchange without our participation.

If you already have an interested buyer or seller, please fill in the form  and submit the signed form including the passport copies to:

modum.io AG
"Participation Certificates"
Poststrasse 5-7
8001 Zurich
Switzerland

We cannot engage in any market making activity and therefore help in finding a buyer.

We cannot engage in any market making activity and therefore help in finding a seller.

It is your responsibility to agree on a price, there is no official price recommendation.

We will only consider OTC deals if they are submitted to Modum via the completely and correctly filled in form and the signed copies of seller and buyer.

If you already have an interested buyer or seller, please fill in the form  and submit the signed form including the passport copies to:

modum.io AG
"Participation Certificates"
Poststrasse 5-7
8001 Zurich
Switzerland

The Modum Board of Directors must approve every transfer, no matter whether you sell your Participation Certificates or give them away for free. This process needs to be followed as for regulatory reasons the Participation Certificates have restricted transferability. (German “Vinkulierung”)

Yes, the same countries that were excluded from participating in the ICO and from participating in the swap to Participation Certificates are excluded/restricted from ownership of Modum participation certificates.

Excluded: Residents or Nationals of the United States of America or otherwise qualify as U.S. Person / Residents of the People’s Republic of China / Residents of an embargo jurisdiction such as Belarus, Burundi, Central African Republic, Cuba, Democratic Republic of the Congo, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Mali, Myanmar (Burma), North Korea, Somalia, Southern Sudan, Syria, Venezuela, Yemen, Zimbabwe.

Restrictions apply to: Residents of the United Kingdom, Residents of Singapore, Residents of Canada, Residents of Hong Kong, Residents of Japan, Residents of the Russian Federation, Residents of India, Residents of Taiwan, Residents of South Korea

See the Token Swap Terms (in the Token Swap App) for details.