Wisp Artificial Intelligence Assistant developer launches its share offering as an STO

LUXEMBOURG - Aug. 8, 2019 - PRLog -- Upstart Tech-oriented developer, Neovate, which is poised to be the first to integrate a seamless conversational AI voice assistant -called Wisp- into the fabric of buildings, has just launched its share offering as a compliant Security Token Offering (STO) on Tokeny Solutions' platform, the compliant tokenization platform based out of Luxembourg.

This is the company's first asset-backed shares offering and it is in the form of "Tokenized Securities", fully compliant with EU regulations. The attention to this project has been high as they have already attracted private investors in their pre-seed round and are now set to deploy the platform across multiple markets. They have secured their first full integration project in Asia, several arrangements with township developers, and initial agreements with fiber-optic infrastructure and broadband providers, Wisp will be launched initially to around 250,000 users within about 12 months, before expanding to a target user-base of around 10 million.

The company is aiming to raise up to US$42 million, with asset-backing in the form of including fractional ownership units within their 45 storey micro-suite tower being developed in the heart of Kuala Lumpur into the tokenized shares. The share offering aims to allow qualified investors from all over the world to get a convenient head-start into investing in Wisp roll-out, and as a tokenized share offering it is accessible online from anywhere. Luc Falempin, CEO of Tokeny commented, "We are very excited to power Neovate's tokenized share offering and help this project be the first of its kind. We're glad to be working with such an innovative project in the PropTech sector."

Wisp as a platform is an intelligent voice and gesture interface that will allow residents in their homes to interact with their living spaces using natural speech and simple waving gestures; controlling lights, temperature, entertainment, kitchen appliances, security as well as the buildings' facilities and city services. It will also act as the built-in butler that connects to the building's property manager's platform to review and pay the bills, book the badminton court and control visitor access. Wisp will also be able to handle interfacing with a variety of cities' local services enabling conference hall bookings, reserving a table at a café, calling an Uber or taxi service, ordering from restaurants, etc.

Helmy stated, "We are excited about taking control of our fund-raising and going out directly to qualified investors all over the world using the tokenized share offering. We had to make sure that the process is trustworthy and reliable, which is why we chose to be compliant with EU regulations, and chose Tokeny Solutions to be the issuance platform."

Learn more at https://wisp.my