EuroVegas City Project

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EUROVEGAS CITY

TIMELINE

1/2023

Phase 1:

Concept elaboration of EuroVegas City

Concept of the EuroVegas City project
3D architectural model creation
Creation of visualizations and animations

4/2024

Phase 2:

Tokenization of the EuroVegas City project

Creation of the EuroVegas Land (EVL) token - the purpose of financing land for EuroVegas City
Creation of the EuroVegas Property (EVP) token - the purpose of financing the construction of EuroVegas City
Creation of the EuroVegas Coin (EVC) token - a speculative token as the future currency of the EuroVegas City complex

5/2024

Phase 3:

Financing solutions, analysis and studies

Preparation of financial studies and project viability analyses
Assembling initial private investors and investment groups
Setting investment strategy and objectives
Resolving legal steps regarding the establishment of a private investment fund

6/2024

Phase 4:

Determination of the construction location, legislation, construction budget

Research and search for suitable locations for the construction of EuroVegas City in Europe.
Bringing together potential investors.
Initial cost estimates for the construction of EuroVegas City.
Legal consultations regarding the establishment of a private investment fund in Cyprus.
Initiation of the setup and launch of the EVC token on the Ascendex exchange.
Resolving legislation in Europe for the tokenization of a real estate project

7/2024 - 6/2025

Phase 5:

Determination of construction location, business entity, launch of EVC token on the exchange

The construction location will be Spain.

The business entity will be a company type: public limited company.
The business entity will be established in Cyprus.
Launch of the speculative EVC token on the Ascendex crypto exchange.

Waiting for legislation and legal anchoring for tokenization in Cyprus.
We have suspended the offering of EVC tokens on the Ascendex exchange due to changes in legislation and the determination of the token issuer.
Cancellation of EVL and EVP security tokens for financing the purchase of land and construction of EuroVegas City

7/2025 - 10/2025

Phase 6:

Regulation and incorporation of a new company

The process of establishing a public stock company EuroVegas City Group PLC (Cyprus).

Preparation of all necessary documents and legal processes for the launch of the first private sale of shares in EUR or via the cryptocurrency USDC (legal basis: EU regulation - prospectus exemption up to a limit of EUR 5 to 8 million, depending on the limit of a specific EU member state). This offer will be in accordance with Article 3(2) of Regulation (EU) 2017/1129 and is exempt from the obligation to prepare a prospectus as its total value will not exceed EUR 5 or 8 million (depending on the limit of the EU member state) over a period of 12 months.

The processes leading to obtaining a license for the public sale of shares from the regulator CySEC (Cyprus) already during the launch of the first round, when it will be clear that the limit of 5 or 8 million EUR from the sale of shares may be exceeded sooner than in 12 months.

10/2025 - 11/2025

Phase 7:

Search for land, launch of the sale of 1 share issue

Creation of a business network to search for new investors.
Media cooperation to publicize the launch of the sale of 1 share issue within the limit of EUR 5 million.
Negotiations with real estate agents in Spain to find suitable lands in the Los Monegros area.

Negotiations with the Ascendex exchange to set up and relaunch the EVC token.
Preparing to launch the sale of 1 share issue with a limit of up to EUR 5 million.
Negotiating with financial partners to ensure payment processing and conversions for the purchase of shares via the USDC cryptocurrency.

11 /2025 - 1/2026

Phase 8:

Launch of the sale of 1 share issue with a limit of up to EUR 5 million

Launch of sale of 1 issue of shares (B) of EuroVegas City Group PLC with a limit of up to EUR 5 million

Negotiations with real estate agents regarding the search for suitable land in Los Monegros (Spain).

1 /2026 - 6/2026

Phase 9:

EVC Token, Land Purchase, Phase 1 Completion

We expect to launch EVC tokens on the Ascendex exchange.
We expect to identify specific land plots for sale.
The process of obtaining a license for a public offering of shares for 2 issues of shares up to EUR 20 million.
We expect to raise capital to purchase these lands.
We expect the successful completion of the sale of shares (issues 1 and 2) for the first phase of financing the land purchase.
Realization of the land purchase for the construction of EuroVegas City.

7 /2026

Phase 10:

Construction of EuroVegas City

After the successful sale of shares to achieve Phase 1 of financing (successful purchase of lands), the preparation of the second phase of financing the construction of EuroVegas City follows.
Determination of issues for financing the construction stages - construction costs.
Commencement of the sale of shares (2nd and 3rd issues) to secure financing for the construction project, preparatory construction works and the first resort, including infrastructure.
Obtaining a building permit.
Preparatory work for construction.