FREMONT, Calif., May 29, 2024 /PRNewswire/ — Akemona, a leading funding portal and asset tokenization platform, announces the Wolfer Finance Corporation token sale launch on the Akemona portal. For more information about the Wolfer Finance offering, please visit https://akemona.com/offerings/wolfer. The offering is open to the public.
Wolfer Finance Corporation, established in 2022, is selling shares represented by digital security tokens to raise funds for capital investment. These funds will support the expansion of current business operations and diversification into new ventures. The tokens represent ownership in Wolfer Finance and are recorded on the Polygon blockchain, ensuring transparency and security. This innovative approach to fundraising leverages blockchain technology to provide investors worldwide with a new way to participate in the company’s growth.
A Proven Track Record
Wolfer Finance has a strong history of building validation networks for blockchains. Its master and validator nodes consistently generate income by validating transactions and storing blockchain data for prominent networks such as Ethereum, Avalanche, Fantom Opera Network, and FLUX. Drew Wolfer, the CEO of Wolfer Finance, highlighted the company’s strength and resilience: “Wolfer Finance survived the FTX crash and a two-year bear market. Our blockchain validator nodes continued generating income every day during these financial crises. We weathered the storm with our portfolio intact, and we believe the future is bright for the company.”
Innovative Solutions in Digital Asset Transactions and Security
Wolfer Finance also owns and manages PreSend, Inc., a software development company focused on enhancing cryptocurrency transaction security. PreSend offers a unique, patent-pending software extension that runs prechecks before every cryptocurrency transaction in your wallet. If the checks pass, you approve the transaction in your wallet. If the checks fail, PreSend stops the transaction, preventing the potential loss of digital assets. As a non-custodial solution, PreSend does not have access to or control of users’ funds. Users have to approve all transactions from their wallets. This solution addresses the interoperability blackhole that causes millions of dollars in losses due to incompatibilities between wallets and blockchains. Drew Wolfer stated, “PreSend has two pending patents—one for our proprietary cross-blockchain transaction security software and another for blockchain test transactions. We filed our provisional patent in June of 2022, before any wallets or platforms were using any security technology, so PreSend could be the first to market this patented solution if our patents are issued.”
Future Expansion and Diversification
Looking ahead, Wolfer Finance plans to expand and diversify into cryptocurrency mining, targeting Bitcoin, Litecoin, and Dogecoin using flare gas technology. Flare gas, typically burned off during oil and gas production, can be converted into electricity. This approach provides a cost-effective energy source for cryptocurrency mining and reduces the environmental impact. Drew Wolfer explained, “Cryptocurrency mining requires substantial electricity. Wolfer Finance aims to tap into a previously wasted energy source by converting flare gas into electricity. This lower cost of electricity directly translates into reduced operational costs for cryptocurrency mining operations and reduces the carbon footprint at the same time.” Wolfer Finance is also looking into real-world asset classes like real estate development and oil production and is performing due diligence and contract negotiations for both real-world asset business models.
Wolfer Finance’s innovative approach and resilient track record position it well for future growth and success. Investors interested in participating in the Wolfer Finance Corporation Security Token Offering are encouraged to visit Wolfer Finance Offering for more details.
Media Contact: [email protected]
About Akemona, Inc.
Akemona (https://akemona.com), a pioneer in digital securities, is registered with the SEC and a member of FINRA (https://www.finra.org/about/firms-we-regulate/funding-portals-we-regulate) under Regulation Crowdfunding. Akemona Technologies, an affiliate of Akemona, is the developer of a software-as-a-service (SaaS) tokenization platform that enables issuers to manage the life cycle of digital securities and allows direct ownership of digital stocks and bonds to investors. Akemona, Inc. is a unit of Akemona-Core, Inc.
Disclaimer
This communication is for information only. Nothing in this press release should be construed as investment advice, endorsement, analysis, or recommendation concerning any securities. Neither Akemona, Akemona Technologies, nor their respective officers, directors, agents, and employees make any recommendation or endorsement regarding any securities through this press release. Nothing in this press release should be construed as an offer to sell, distribute, or solicit an offer to buy securities. The offering of securities is only made through the private placement memorandum and associated offering documents for each offering. These private placement memorandums contain specific details of fees paid and should be reviewed in detail before investing. The digital securities offered on the Akemona platform are only suitable for prospective investors familiar with and willing to accept the risks associated with private investments, including the risk of complete loss of their investment. Digital securities sold through Akemona, under section 4(a)(6) of the Securities Act and SEC Regulation Crowdfunding thereunder, are speculative and illiquid. The business opportunities discussed in this press release are not guaranteed to be a part of Wolfer Finance Corp.’s business model. The management’s decision about whether to invest in particular technologies or expand into new areas of business will be based on market conditions and the financial conditions of the Company. Wolfer Finance Corp. may invest in some or none of the opportunities.
SOURCE Akemona, Inc.
