BULK is the resulting launch of a securitized token design for a successful Greek, ship management enterprise. The family has over four generations, built a strong brand name in the shipping community underscored with an excellent track record of vessels’ trading. They are considered experts in their field and have established and tested, long-term relationships with major charterers, brokers, agents, suppliers and shipbuilders.

To enable individuals and/or investor vehicles that have, similar to an accreditation status, a demonstrable, sophisticated and developed understanding of cryptocurrencies, investments and investing, to consider BULK tokens as a means to facilitate the purchase of dry bulk carrier ships.

Sophisticated Participants may include:

Institutional investors

Hedge Funds

Private equity investors

High net worth individuals

The shipping industry, like all industries, is subject to peaks and troughs, demand and supply curves. Market indicators, publicly available information and analysis of the market based on the demand for shipping and the supply of ships suggests a trend towards an upwards swing.

Sentiment that a demand/supply balance consistent with a market bottom has been reached; increased rates of vessel scrapping, low interest rates, commodity pricing corrections (grains etcetera).

Indications vessels’ pricing has reached a cyclical low particularly when compared with historical data.

A continued, strong, long-term outlook for demand growth driven by coal, iron ore, grain exports and other dry bulk goods.

The market indicates it is the right time to capitalise on the favorable sales and purchase conditions to build a modern, dry bulkers fleet. Current asset values in the dry bulk market are at around historical low levels; a buyer’s market.

The STO that BULK presents is positively emphasised by observed and prevailing market conditions. A general 2018/2019 financial outlook indicates an elevated stock market, low bond yields, low bank interest and investors looking to other higher performance, yet acceptable risk-based investments.

Traditional hedge funds are still very much relied upon and interest has been on an upwards trend in exchange traded funds (ETF); trading an index, a commodity, bonds, or a basket of assets like an index fund has risk appeal and is a strong alternative.

BULK offers an unique story given it marries traditional investment models with digital token asset classes. It may also be considered, hypothetically, that it draws upon aspects of both a correlated and uncorrelated asset class; it is affected by the traditional markets’ and industry movements whilst at the same time behaving almost autonomously.

Shipping and the ability to invest in dry goods, bulk carrier vessels has been a predominantly ‘closed-shop’. High dollar entry points, the costs and time to set up a structure to hold, oversee and manage an investment and the associated obstacles that present in a traditional investment have all been high barriers to entry that BULK addresses. A value offering of BULK is its adoption of the many positive qualities combined from differing traditional investment models in to one. It presents:

forecast positive returns

is asset backed

offers zero investor lock-ins

has potential liquidity subject to buyers and sellers

is centered around true pedigree with its 4-generational reputation behind it

and at the same time, may trade as any share might trade, subject to market and industry forces.