IPO!
We are excited to announce that #shadowlords is planning an IPO! Since our creation, we have always strived to create a fairer banking system with lower interest rates to bring smart debt into the economy.
Why?
I love moneygame. I want to give people the banking they deserve while still remaining profitable. That is why 100% of proceeds from our IPO are going back into the company!
We plan to sell around 40% at a price that factors in the increase in net worth.
We plan to IPO some point before 2027.
What's our business plan?
We will trade forex and give out loans at 0.3% interest, potentially in different currency with lower interest. Any capital not used in these activities will be deposited into a different bank for a steady return.
Price?
I was thinking around $45/share. This would raise $180000, making each shares post money value $38/share.
We do not plan on paying dividends, we aim to keep as much money in the bank as possible to maximize our value to moneygame.
Problems
I won't pretend its safe being a bank. Due to alt accounts, every loan is a risk. We will try our best to negate that risk, but until the admins return its dangerous. We try our best, limit our loan sizes and try our hardest to prevent losses. We remain stable and profitable.
