White Paper Initial Application - SEC Nigeria ePortal

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Payment Information

Initial Assessment Fee

Fee Amount: ₦7,500,000.00

This non-refundable fee covers the Commission's initial assessment of your proposed digital token issuance.

Email^*

Last Name^*

First Name^*

Phone^*

Email^*

A1. Phone Number^*

A2. Contact Full Name^*

A3. Please provide alternative (personal) email address^*

A4. Attach Whitepaper of the proposed Digital/Virtual Token^*

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A5. Attach Legal opinion on the type of virtual/digital token to be issued (with sufficient justifications)^*

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C1. Can the token be used by the holder to pay for things with third parties? (For example, the token holder can use the token to pay for goods or services with any merchant other than the token issuer?)^*

Yes

C2. Is the token a digital representation of an asset or an agreement to do something or referencing some other form of underlying value? (For example, a virtual currency or stablecoin)^*

Yes

C3. Does the token represent contractual rights? (For example, the token gives the holder a right to a service within the issuer's network)^*

Yes

D1. Provide information on the nature of business and/or activities for which the token will be used (Attach detailed information below)^*

D2. Please attach full details^*

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D3. Provide details of the issuer/promoter (identity, ownership of the Issuer if applicable)^*

D4. Please state if any of the promoters has been the subject of any claims in the past ten (10) years involving dishonesty, fraud, financial crime or an offence under laws relating to companies, banking, insolvency, money laundering, insider trading or terrorism financing^*

D5. Please attach full details in relation to (D4 above)^*

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D6. Provide information on financing of the Issuer's business (attach financial statements or statement of affairs if it is a new business)^*

D7. Please attach financial statement or statement of affairs^*

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D8. Provide information on whether issuing the token will be a basis for funding any business or other venture^*

D9. Provide information on how any proceed or other consideration (whether monetary or value in kind) received from issuing the token be used^*

D10. Provide information on who will receive any proceed or other consideration, what proportion they will receive and how much of that will be directly attributable for the facilitation of the purpose described in (D9 above)^*

D11. Provide information on the risks related to the business and/or activities in relation to which the token will be issued (attach details below)^*

D12. Attach details of related Risk described in (D11 above)^*

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D13. Provide information on the governance structure, or quality control plan for the business and/or activities, and the Entities involved (attach details below)^*

D14. Attach details of governance structure/quality control plan for the business^*

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D15. Please attach any additional document(s) relevant to the subject

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D16. I certify that the information provided here are to the best of my knowledge, true and correct and I undertake to notify the Securities and Exchange Commission (SEC) in writing of any material change therein as prescribed by the Investments and Securities and Act (ISA), 2025.^*

Submitted by^*

Name of the person submitting this initial application.

Contact email^*

Primary email address for correspondence about this initial application.