0x8D...C9c2
Ownership Access Token
OAT
Collection
Collection
Ownership Access Token 0
Collection
Ownership Access Token
Ethereum
Owned by
0x76...8ca7
Ethereum
Rarity
1
/ 1
Traits
Issuer Country
USA
OAT Number
1 of 1
Percent Membership Interests
100%
Asset Value At Time Of Investment
$5000 USD
Asset Type
SAFT
Asset Issue Date
2022-04-15
Asset Number of Shares
41,666,666
Asset Vesting Schedule
1 year lock-up following Token Generation Event (defined below); 24 month monthly vesting schedule following lock-up.
Asset Issuer Legal ID
Playgrounds Network LLC
Asset Issuer Link
https://www.ventureclub.club
Asset Issuer Description
Tokenization of assets into NFTs
Asset Company Valuation At Round
$12,000,000 USD
SPV Name
Venture Club Master Series 1
SPV Steward Email
steward@ventureclub.club
Description
This NFT is also referred to as an Ownership Access Token (OAT), which has been minted in collaboration with Venture Club.
The OATs represent such holder’s eligibility, subject to meeting certain requirements, to acquire an equity interest in a Delaware series limited liability company special purpose investment vehicle (SPV), which owns certain assets.
OATs may be treated as securities under US federal and state securities laws. OATs have not been registered under the Securities Act of 1933 (the “Act”), as amended, or under any state securities laws. They may not be sold, offered for sale, pledged or hypothecated in the absence of an effective registration statement as to the securities under said Act or an opinion of counsel that such registration is not required.
Venture Club does not render an opinion as to whether the OATs are securities, nor has it registered the OATs, or sought an exemption from registration under applicable securities laws on behalf of the SPV. Venture Club does not control transfers of OATs. Venture Club acts solely as a technology platform provider and administrative agent to the SPV, which is controlled by its members.
Venture Club shall not be liable for the sale of unregistered securities by the SPV or its members, to the extent that OATS are treated as such. It is the SPV’s sole responsibility to register or seek an exemption from registration under applicable securities laws.
Only qualified accredited investors (under Rule 501a of the Act) may use the OAT to become eligible to be a member and acquire equity interests in the SPV.
A list of Members of this SPV, as well as all holders of NFTs associated with this SPV is available upon request to team@ventureclub.club.
By purchasing this OAT, you acknowledge and agree that you have reviewed the OATs’ metadata or the Terms and Conditions set forth on the Venture Club website at ventureclub.club
Details
Token ID
0
Network
Ethereum
Standard
ERC721
