Special Purpose TokenTM or SPTs  are non-operating  project tokens whose purpose is to identify and purchase a private or publicly traded company, allowing the acquisition target to have a link to blockchain.  SPTs  are also known as blank check companies. When a SPTTM  or a publicly traded company purchases a private company, it is called a reverse merger. A traditional merger is when a private company takes a public company private.  SPT’s  are similar in concept to Special Purpose Acquisition Companies* (“SPACs’’) but SPTs are not registered as a security to be publicly traded on a stock market or sold privately. 

SPTP IS NOT AVAILABLE FOR SALE TO CITIZENS AND/OR RESIDENTS OF THE  UNITED STATES OF AMERICA.

*According to SPAC Insider, in 2020, 247 newly formed SPACs raised $83 billion in capital through initial public offerings. In 2019 and 2020, more SPACs were created in those two years than in the prior 18 years combined. Not only are the number of SPACs increasing, but each SPAC is raising more capital through IPOs to allow them to purchase larger private companies. The average SPAC IPO in 2020 was $336 million compared to $230 million in 2019.  

Utility vs Security Token

A utility token does not imply nor offer any ownership in the company (see disclaimer section on cover page) and its purpose is to be used as a means of payment for goods and services if, where and when, accepted. In addition to exchange for other currencies on any exchange that supports SPT2/ETH, SPT2/USDT, and possibly others, a security token implies ownership, share of profits (see disclaimer section on cover page) and must be registered as a security in some jurisdictions, like the United States of America.   (See button link to Legal Opinion below) 

Tokenization Details    

Project Name - Special Purpose TokenTM                                                                                                                                                                                                                                                                              

Symbol - SPTP                                                                                                                                                                                        

Issuer – Algae Farm International, Ltd. (St. John, New Brunswick, CA)      

Country of Origin – France

Website- https://www.specialpurposetoken.com       

Token type – Asset Backed Utility, ERC-20 used as a means of payment (where accepted)     

Blockchain – Ethereum           

Smart contract address - https://etherscan.io/token/0x782414fDC74fC373A88A2fC843A1dF89a5f55543?a=0x847ee7Dbbe3415121D33eAA0a5696630a9a06F4E 

Asset(s) Backed – Algae Pharma® intellectual property
 

Key Metrics   

Current circulated supply – 0
Market Cap - $(to be determined when listed)
Total supply to be made available - 1,000,000,000,000        
Public sale allocation of initial supply %  = 95% 
Max token supply** –  100,000,000,000,000
** held in treasury

Latoken exchange date listed (TBD)

Liquidity

SPTPTM will be initially listed on Latoken, a top tier crypto exchange to ensure maximum liquidity.  Using the Ethereum Blockchain, SPTPTM /ETH, SPTPTM /BTC, and SPTPTM/  /USDT tokens will be exchangeable for other currencies on any exchange that support SPTPTM/ETH, SPTPTM/BTC, and SPTPTM /USDT.

 How to buy                                                                                                                                                      

1. For approved private sales - You can use your wallet to buy SPTPTM with ETH, BTC, and USDT.  Determine  which crypto you want to use then copy the appropriate address and paste in your wallet to send your payment  to buy SPTPTM.  Please proceed to Official Special Pupose TokenTM  Telegram Channel - https://t.me/SPTokenOfficial 

ETH - 0x9b1B3cf863bD24eD570c556Aa396f910f3dfEDc0

BTC - 3Dj42786X7RBrPGuGLPsBYMVJ4ao3FnVAc

USDT - 0xf53D42F9b6Cf7776c2443b0C8245860575E3F4BF

As always in the crypto world, make sure you are sending the correct crypto, using the correct network, and sending to the correct address.  The above addresses are the correct addresses to use from your wallet for the corressponding crypto.

SPTP IS NOT AVAILABLE FOR SALE TO CITIZENS AND/OR RESIDENTS 

OF THE  UNITED STATES OF AMERICA