other material
confidence high
sentiment neutral
materiality 0.85
TransparentBusiness swaps $1.58B real estate for 8.85B Unicoin tokens; launch Sep 28, 2026
TransparentBusiness, Inc.
- Aggregate estimated asset value of $1.58 billion in Philippines and Papua New Guinea swapped for 8,851,480,172 UNCN tokens.
- Vesting: 20% of tokens unlock on public launch date (Sep 28, 2026); 5% each month thereafter via smart contract.
- Due to Philippine law, 60% of land must be Philippine-owned; legal ownership held by company's affiliated Philippine entity.
- Sellers and specific asset details redacted as confidential; company treats information as not material.
- Agreement requires sellers to deliver executed Deeds of Absolute Sale and transfer documents at closing.