Ms. Apinya Ruangthaveekoon, Managing Director of Kubix Digital Asset Co., Ltd., a company under KASIKORNBANK FINANCIAL CONGLOMERATE that has been granted approval from the SEC to operate a full-fledged ICO portal business, disclosed that Kubix has teamed with GDH 559 Co., Ltd. (GDH) and Broadcast Thai Television Co., Ltd. (BTV) in offering the ‘DESTINY TOKEN’ for investment in the production of the ‘Love Destiny The Movie’. Its white paper to offer the digital tokens was recently approved by the SEC. Persons interested in joining this blockbuster project are invited to purchase the ‘DESTINY TOKEN’ via the Kubix application from May 23 onwards. These are the first digital tokens to be offered via this platform.
The ‘DESTINY TOKEN’ is a Thai-first digital token for investment in the form of a project. Three types of tokens are available: 1) I am Glad Token priced at 5,559 Baht/token; 2) I am Delighted Token priced at 155,559 Baht/token; and 3) I am Happy Token priced at 1,555,559 Baht/token. Total amount of tokens being offered is valued at 265,227,633 Baht, with an investment period of two years.
All token holders are entitled to the return of their initial investment at the end of the project with a base return of 2.99 percent each year plus an extra 2.01 percent of the investment value per year, or a total of 5 percent per year if the ‘Love Destiny The Movie’ achieves at least 1 billion Baht in box office earnings nationwide (based on the film’s income as announced at www.thailandboxoffice.com). The investment highlight is a multitude of exclusive privileges to be granted to the investors, including the investors’ names in the closing credits as Special Destiny Executive Producers, participation in the Special Destiny Executive Producers party, a sneak preview of the film, digital posters, a special collection of stamps, shirts and film memorabilia, and discounts for movie tickets and popcorn at theaters.
Each privilege depends on the type of token selected by the investor; thus, the privileges are not available for purchase separately. Investment in the ‘DESTINY TOKEN’ is not restricted to general investors, but also meets the needs of the Thai movie audience and those who are fans of the ‘Love Destiny The Movie’, who can support the “Love Destiny” phenomenon and promote the Thai film industry at the same time.
Ms. Apinya added that the Kubix application has been developed to facilitate digital token investment, which goes beyond conventional investments that may already be familiar to us. Additionally, it is intended to create a new experience that breaks the barrier between investment and lifestyle by combining these factors, and thus allowing investors to enjoy monetary returns and privileges in a single application, based on the “Kubix: Invest Earn Experience” concept. As of today, those interested in subscribing to the ‘DESTINY TOKEN’ can download the Kubix application on iOS and Android systems via
https://bit.ly/3LteUdJ. For more details on Kubix and the ‘DESTINY TOKEN’, please visit www.kubix.co, or www.facebook.com/Kubix.DigitalAsset, or contact the Kubix Call Center at Tel. 02-844-8488.
**Investment contains risk. Investors should study the prospectus before investing.