- The Aziza Project focuses on investing in operations in the underdeveloped Southern Africa region
- The company’s Aziza Coin is an asset-backed security token
- The Aziza Project owns 20 percent of Africa New Energies
London-based Aziza Project LLC offers digital tokens backed by assets. Aziza offers a tokenized oil and gas fund investment opportunity comprising a security token offering, which will permit coin holders to share in company profits. The Aziza Project owns 20 percent of Africa New Energies (ANE). ANE, which has been operating in Namibia for six years, has rights to a huge hydrocarbon concession in the nation valued at $500 million. The Aziza Project is looking to raise $60 million via the sale of the Aziza Coin, an asset-backed security token. The proceeds will be used to underwrite a drilling program and make investments in other early stage oil and gas companies.
A major difference between cryptocurrency tokens and coins is that tokens are built and hosted on existing blockchains. Coins, based on their own blockchains, are standalone cryptocurrencies (http://ccw.fm/C9Dt3). The crypto industry is moving toward sensible mainstream regulation and adoption, as well as institutional investors. Entrepreneur (http://ccw.fm/ihi8P) notes that, “In fact, more investors are seeing cryptocurrencies as a viable asset because of their attractive returns: In December 2017 bitcoin hit a record high of almost $20,000 for one Bitcoin.”
The Aziza Coin is compliant with the Ethereum blockchain’s ERC-20 standard. ERC-20 is the official unified protocol. It is designed to solve the issue of compatibility of various coins and improve the functionality of the network (http://ccw.fm/e0YDC). The value of Aziza’s security token offering comes from the value of assets held by the Aziza Project. Fundamentally, Aziza Coins represent an indirect fractional ownership interest in the Aziza Project (http://ccw.fm/uJb7u).
The Aziza Project’s strategy is to invest in operations in the underdeveloped Southern Africa region. It selects oil and gas-related young businesses with the potential to create intergenerational wealth for token holders, shareholders, communities and entrepreneurs. ANE is preparing to drill wells on a Montana-sized portion of Namibia. With the Aziza Project owning 20 percent of ANE, the proving of this resource could potentially result in the Aziza Project’s holdings being worth more than $600 million.
The Aziza Project is working to raise funds to complete a 10-well drilling program in Namibia. Africa offers significant opportunity, as at least 90 percent of African countries currently explore for oil and gas (http://ccw.fm/6pFX4). Namibia ranks highly as being business- and, by extension, investor-friendly. The nation is ranked “1= most business-friendly regulations” in the Ease of Doing Business Index by Trading Economics (http://ccw.fm/4xUcN).
The outlook on the price of oil also portends well for the Aziza Project and ANE. Oilprice.com (http://ccw.fm/9MRxr) states that, “Oil Majors Cautious But Upbeat About 2019.” It also reports that a foremost oil trader foresees higher oil prices next year (http://ccw.fm/l7Ru2). Therefore, the potential is there for investors willing to adapt a new investing paradigm with the Aziza Coin and ANE’s oil and gas initiative.
Advancing security tokens over utility tokens, the Aziza Project continues to focus on ethical oil and gas development in business/investor friendly Namibia. The company’s Aziza Coin could have significant value for investors who hold them because of ANE’s substantial hydrocarbon assets in Africa. The potential is there for the Aziza Project, ANE and investors looking for returns from emerging opportunities in Southern Africa.
For more information, visit the company’s website at www.Aziza.io
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