GETTING STARTED
What is Upstream? What are Upstream’s market hours and trading days? What does it mean that Upstream is a MERJ Exchange Market? What is MERJ Exchange How is MERJ regulated? Who can trade on Upstream? Who can buy NFTs on Upstream? What devices can I trade on? Can a U.S.-based investor trade on Upstream? What opportunities can I participate in on Upstream? How much does it cost to use Upstream? How long does it take for trades to settle on Upstream? How long does it take for IPO orders to settle on Upstream? What technology is powering Upstream? What is the vision behind Upstream?OPENING & FUNDING YOUR ACCOUNT
How do I open an Upstream account? When would you require my identification? How do I fund my Upstream account using PayPal? How do I fund my Upstream account using a debit or credit card? When I try to fund my account using a Debit or Credit Card, I’m asked to log in to PayPal. Why is this? How do I fund Upstream using a bank wire transfer? How are my U.S. Dollar funds kept safe? How do I use my Upstream wallet on Mainnet/Metamask? How do I fund my Upstream account with USDC cryptocurrency? How do I withdraw Upstream funds back to USDC cryptocurrency? How are my USDC funds kept safe? How long does it take to KYC on Upstream? When will my funds be available to invest? How can I check the current balance of my Upstream funds? Is there a minimum funding requirement? How do I withdraw funds from my Upstream account? What are the fees to fund or withdraw funds from my account? Can I open a Joint or Corporate account?ACCOUNT MANAGEMENT & LOGIN
What is a Signing Key and why is it so important? How do I backup my Signing Key? How do I disable Two-Factor Authentication? What does the ‘Logout’ button do? What happens if I lose my phone or delete the app? What happens if I lost my Signing Key and forgot to back it up? How do I change or update my personal information? How do I change my bank information? How will you communicate with me about my account? Will I receive notices or statements? Will my account information remain confidential? How is the money in my Upstream account protected? How are the securities in my Upstream account protected? How do I enable biometric security? How do I close my Upstream account?TRADING & PORTFOLIO MANAGEMENT
Where do I go on the app to buy and sell securities from the market? What’s the Orderbook? How do I buy securities? How do I sell securities? What are the different order expiry options? How do I manage my security Portfolio? How do I sell securities from my Portfolio screen? How do I add a security to my Watchlist? How do I cancel an active securities order? How can I see the blockchain details for my orders? What are candlestick charts? Does Upstream offer margin trading? Does Upstream allow short selling? Does Upstream solicit trades? What are the fees associated with trading? What is a dividend? What is an ex-dividend and record date? What are the risks of investing?NFT MARKET
What is an NFT? What is the Upstream NFT Marketplace? How do I Claim an NFT? How can I purchase an NFT? What’s a redeemable NFT? How can I redeem an NFT? What are NFT Transactions? What is an NFT Auction? How can I sell an NFT? What if I am the highest bidder when the NFT Auction closes? Where can I create an NFT? Can I track how my auction is doing? What happens if one or more people bid above my reserve price? What happens if nobody bids at or above my reserve price? Can I cancel an auction before the close? How do I place a bid? Where can I read the full Terms and Conditions for NFT Auctions? What technical standard do Upstream NFTs follow? How do I report objectionable NFT media? How do I report copyright infringements of NFT media offered for auction? When I own an NFT, what are my rights? How do I export my NFT, and what is the fee for an NFT export? How can I “see” my exported NFT in MetaMask? What might Upstream consider objectionable NFT material?ABOUT ASSETS TRADED ON UPSTREAM
What types of assets are traded on Upstream? IPOS:GETTING LISTED ON UPSTREAM
How do I list my company on Upstream? What are the benefits of listing my company on Upstream? Why should I make secondary trading a part of my growth strategy? How do I dual list on Upstream?FAQS
Are trades solicited on Upstream? What is the World Federation of Exchanges? Who is Upstream’s Cash Custodian? Is there any payment for order flow on Upstream? Are U.S. Dollar funds in my Upstream Account insured? What is the "Pay Up" feature on Upstream?LEARN
Blog:GENERAL OFFER INFORMATION
What is a Prospectus? What are the major differences between common and preferred stock? What is a PIPE, private placement or secondary offering? What is Suitability? What is a Registration Statement? What are the types of U.S. Filings & offerings? Are their Annual Reports for Reg CF? What is a Form C? What is a Form 1-A for Reg A+ Issuers? What is a Form 1-K for Reg A+ Issuers? What is an Accredited investor? What is an Unaccredited investor?REGULATORY FILINGS
How do I receive an application to list my company on Upstream? What annual & semi-annual disclosures are required?Upstream, a MERJ Exchange Market, is a fully regulated global stock exchange for digital securities and Non-Fungible Tokens (NFTs). Powered by Horizon's ERC-20 smart contract securities matching engine technology, and Horizon’s ERC-721 smart contract NFT auction engine technology, the exchange enables investors to trade shares in IPOs, celebrity ventures, NFTs, and other unique asset classes directly from the Upstream app. Investors can fund their Upstream trading account using PayPal, Credit, Debit, USDC stablecoin on Ethereum or traditional bank (fiat/legal tender) payments such as ACH in the U.S., or a wire transfer of funds in the U.S. and internationally.
Upstream app layout
The Upstream app is made up of five separate tabs that can be selected by tapping the relevant icon at the bottom of the app screen:
All of these screens can be updated by dragging down on the screen, a “pull down to refresh” motion.
Upstream is open for 20 hours per day, Monday through Friday. Please visit https://merj.exchange/enquiries/market/market-hours/ for the latest on market hours and holidays.
Upstream is a MERJ Exchange market (MERJ). MERJ operates a fully regulated and licensed integrated securities exchange, clearing system and depository for digital and non-digital securities. MERJ is an affiliate member of the World Federation of Exchanges (WFE), a member of the African Stock Exchanges (ASEA), a member of the Committee of SADC Stock Exchange (CoSSE), a full member of the Association of National Numbering Agencies (ANNA) and a Qualifying Foreign Exchange for OTC Markets in the U.S. MERJ became one of the fastest growing exchanges in 2020 by disrupting the traditional stock exchange model.
MERJ Exchange is an innovative end-to-end, multi-market global financial exchange for equities, debt and derivatives. MERJ has expanded its capabilities by providing markets and services for security tokens and digital assets. Visit https://merj.exchange/.
MERJ is overseen and regulated by the Seychelles Financial Services Authority ("FSA") which is the securities and other non-banking financial services regulator in the Republic of Seychelles. The Seychelles FSA is also the primary regulator for anti-money laundering compliance and works closely with the FIU to implement and ensure adherence to OECD Financial Action Task Force (FATF) recommendations.
Upstream, a MERJ Exchange Market, is a global exchange for traders of all ages and levels to participate. To create an Upstream account, you’ll need to meet the following basic requirements:
Requirements for traders over 18 years old
U.S. person additional requirement
Requirements for under 18 years old
Funding requirements
*Trading not available for citizens of countries restricted by the Office of Foreign Assets Control (OFAC), Financial Action Task Force (FATF) identified high-risk and non-cooperative jurisdictions, and other high-risk jurisdictions, designated at the sole discretion of Upstream.
Everyone can purchase or claim NFTs.
Trading and account openings are only available through our Apple (iOS) and Google (Android) smartphone apps, as well as our Apple Mac OS desktop app. Account access should be secured using the biometric security feature and/or the two-factor authentication feature of the Upstream apps on your smart devices.
U.S. investors may only deposit, buy, or sell securities on Upstream after being introduced by a licensed broker dealer.
LIST OF INTRODUCING BROKERS
Buy NFTs and shares in IPOs, as well as trade shares in the Upstream secondary market in dual listed securities, celebrity/athlete ventures, crowdfunded companies and other unique assets on the Upstream trading app.
Upstream sign-up is free. There are no associated membership fees, no minimum dollar amount to maintain an account and no order-placement fees or NFT bidding fees.
There is a 1% fee charged when your securities buy or sell order executes on the Upstream secondary market.
Upstream does not charge its 1% fee to NFT buyers, it charges 2% to successful NFT sellers.
Trades on the Upstream secondary market settle immediately upon IPO close. If you are the seller, then you may withdraw funds as soon as your trade is executed. Note, short selling of securities is not permitted on Upstream. Similarly, a buyer must have sufficient funds in their account to place a buy order. This ensures that the seller can be paid, in full, immediately upon trade execution.
IPO orders on the Upstream primary market settle immediately upon IPO close. A buyer must have sufficient funds in their account to place an IPO buy order. This ensures that the issuer is paid, in full, immediately upon IPO close.
Upstream is operated as a regulated stock exchange by Horizon Globex GmbH (Horizon) and is powered by Horizon’s ERC-20 smart contract securities ecosystem, and Horizon’s ERC-721 smart contract NFT ecosystem, running on an Ethereum layer-2 optimistic-rollup proof-of-authority blockchain, Ráneum. 7 years in the making, Horizon’s tech. stack offers a one-stop shop from securities issuance through to secondary trading and settlement as well as NFT minting, auction and settlement. The Horizon trading technology suite covers initial securities and NFT issuances, onboarding KYC/AML, cap. table management, dividend payment, regulatory compliance, listing for of securities and NFTs for secondary trading on Upstream. Learn more at https://www.horizonfintex.com/.
We aim to unlock liquidity for investors of all levels on our investor-driven, app-based market. On the surface, Upstream offers global investors a real-time, secure, and intuitive trading app. Under the hood, Upstream introduces what we believe to be the future of securities and NFT trading featuring some of the highest levels of transparency, accessibility, and investor protections enforced using Ethereum blockchain technology. These innovations include taking traditional equity and converting it to tokenized equity, offering shares on a public orderbook, and preventing predatory market practices like short selling and wash trading.
Signing up for an Upstream account is easy. Simply download the App from Google Play, Apple Store and Mac App Store and follow the instructions on your screen. Begin browsing available opportunities immediately.
Watch tutorial video on how to create an account
Once your Upstream account balance reaches $500 or more, then to continue trading, you will be prompted to complete our light-touch KYC process, which we’ve made as fast and frictionless as possible. Complete a few pieces of personal information, snap a photo your ID, then we’ll verify your data. Once approved, you can continue to fund, you can withdraw cash, and, of course, continue to trade NFTs and all available quoted securities.
What to have handy:
Upstream is a fully regulated marketplace. Verifying that you are who you say you are is legally required in order for you to trade safely and securely. This is to prevent money laundering, illicit activity, and bad actors from entering our Upstream community.
We ensure all your personally identifiable information is secure and in accordance with the most stringent global data protection rules. In fact, all data submissions awaiting review are kept in memory in an auto expiring cache and identity verification is never outsourced to a third party.
*Note you don't have to have a PayPal account to fund your account using a credit or debit card.
When funding your account with PayPal, a fee of 3.49% + 49c is applied to deposits from US customers. A fee of 4.99% + 49c is applied to International Customers.
Watch tutorial on how to fund using PayPal
*Note you don't have to have a PayPal account to fund your account using a credit or debit card.
When funding your account with PayPal, a fee of 3.49% + 49c is applied to deposits from US customers. A fee of 4.99% + 49c is applied to International Customers.
Watch tutorial video on how to fund using debit or credit
On rare occasions, users may find that they are asked to log in to or create a PayPal account, even when they tap the Fund With Credit Card link in their app. Our credit card payment processor, PayPal, will only show this option based on your device; typically the device’s location, if the email entered has previously been linked to a PayPal account or local cached internet files (If you have frequently used PayPal guest checkout services on your device). If you only see the option to use a PayPal account, try clearing your device’s default web browser’s internet cache and try again. For details on how to do this, please consult the help files on your default web browser. If the issue persists, you will need to create a PayPal login and link your credit card to the account, or fund using an alternative method such as USD wire transfer.
To fund a trading account on Upstream using bank payments a trader will need to first go through our streamlined Know Your Customer ‘KYC’ identity verification process.
To complete KYC, tap the ⚙ icon in the navigation bar, then tap KYC. Be sure to have a valid form of ID handy and complete the few questions as prompted. During KYC, select 'Bank' as your 'Payment From' preference. After KYC is approved, traders may initiate a wire or a funds-transfer from any bank or financial institution to the following account:
*The traders 40-character Ethereum wallet address is shown on the top right hand corner of the Upstream app’s home screen and begins with 0x.
After an account is funded the trader will receive an app push notification that the Upstream account is funded, and you may begin transacting.
Every Upstream trader that funds their account receives a new, FDIC insured, U.S. Dollar bank account at Upstream’s U.S. banking partner, Digital Trust. Citizens of any country in the world, excluding sanctioned territories*, may fund their Upstream account with currency from their country which, when not originating in U.S. Dollars, will be exchanged for U.S. Dollars at the prevailing currency exchange rate between the two banks.
Note, in-line with Upstream’s anti-money laundering compliance policy, Upstream does not permit third-party bank transfers. In other words, the sending bank account must have the same name as the name provided by the trader during Upstream’s KYC process.
Bank account information, and currency transfer instructions, will also be emailed to the trader after Upstream approves a traders KYC information.
All Upstream U.S. Dollar accounts, U.S. and non-U.S., are individually FDIC-insured up to $250,000. For additional investor security, U.S. Dollar withdrawals from a trader’s Upstream app will only ever be sent to the same bank account from where the investor originally funded from.
Upstream traders can transfer USDC cryptocurrency into Upstream via the Upstream Bridge smart contract on Ethereum mainnet usdc.upstreambridge.eth.
The Upstream Bridge is a Multisig smart contract that is monitored for USDC deposits by the Upstream bridge-service application. For each eligible Ethereum mainnet USDC deposit received, a 1-to-1 mint of Upstream’s Ethereum Layer-2 US Dollar stablecoin is performed for the wallet address of the sender, thereby locking Ethereum Layer-1 USDC’s while making the same amount of money available for the sender on Upstream, this is commonly called a ‘bridge’.
It is imperative that the Ethereum mainnet senders address is the same as the Upstream app user address. To find the Upstream address, navigate to the Settings screen inside the app and the address is shown as 0x followed by a unique 40 character alphanumeric string per user.
Funding with USDC
An Upstream user may have a personal USDC wallet on Ethereum mainnet in a hardware wallet (such as Ledger), a software wallet (such as Metamask), or at an exchange (such as Coinbase). To send funds from their personal wallet on the Ethereum mainnet, the user must first transfer USDC from their mainnet personal wallet to the Upstream wallet address that they previously imported to Metamask.
Once the USDC is in the Upstream wallet address on Ethereum mainnet, the user can transfer USDC to the usdc.upstreambridge.eth address using Metamask.
The Upstream bridge-service automatically recognises user deposits coming from known Upstream wallet addresses and then mints the corresponding amount in Upstream US Dollar stablecoins in the users Upstream app.
In summary, to fund Upstream using USDC:
Why Can’t I Transfer USDC Directly from my Personal Wallet?
Upstream does not mint Upstream US Dollar stablecoins from USDC deposits on Ethereum mainnet from addresses that do match existing Upstream app wallet addresses. Invalid deposits cannot be rejected by Upstream due to the nature of blockchain transfer functions, but they will be ignored and such funds may be lost forever
It must be noted that if an Upstream user ever funded their account with US Dollar fiat (bank transfer, debit card, or credit card), then Upstream app withdrawals will automatically be in fiat, irrespective of whether the user partially funded with USDC in the past. Therefore, only if a user funded exclusively in USDC will this user be considered eligible to withdraw in USDC.
To withdraw funds on the Upstream app:
For security purposes, this smart contract requires another two out of a possible four Upstream back office personnel to confirm the withdrawal. They do this by signing an Ethereum transaction from a registered wallet.
Pending withdrawals can be found at https://upstream.exchange/bridge/index.html?symbol=USDC.
Upon multi-signature by the two Upstream personnel, the users USDC funds are available for transfer to the Ethereum mainnet wallet address that equals the Upstream app wallet address that initiated the withdrawal.
The withdrawing user must then connect their wallet to the Upstream USDC-withdrawal website by tapping the ‘Connect Wallet’ button, and tapping the ‘Withdraw’ button to complete their withdrawal. The user will be prompted by Metamask to pay the Ethereum gas fees associated with the previous three Upstream staffs’ Multisig actions, and taps ‘confirm’ to have the USDC transferred from the Upstream smart contract to their Ethereum mainnet wallet address. The USDC can now be transferred back to the users personal wallet.
Note, Upstream does not charge a USDC withdrawal fee. The exact amount of US Dollars withdrawn from Upstream will be transferred to the user on Ethereum mainnet as USDC.
In summary, to withdraw USDC from Upstream:
USDC funds held inside the usdc.upstreambridge.eth smart contract may only be withdrawn after three out of five Upstream Multisig wallets confirm the legitimacy of the withdrawal. And, only the Upstream bridge-service wallet address may initiate the withdrawal process on Ethereum mainnet.
The Upstream Multisig smart contract source code is public, is audited, and may be reviewed at any time by the Upstream community.
Rebalance to Cover Risk
To reduce the likelihood of the smart contract becoming a high-value target for hackers, there is a maximum amount of USDC that Upstream will allow to be held inside the bridge at any one time, currently 10,000. Therefore, once the threshold is exceeded the Upstream back-office will initiate a USDC withdrawal to Upstream’s mainnet company wallet, where USDC will be sold on a cryptocurrency exchange for US Dollar fiat. The fiat sales proceeds will be deposited in Upstream’s U.S. bank account.
Rebalance to Cover Withdrawals
In the event that the balance of USDC available for withdrawal is too low to cover pending withdrawal requests, currently 7,500, then Upstream will sell US Dollar fiat from its bank account for USDC, and transfer the USDC proceeds back to the usdc.upstreambridge.eth Multisig smart contract.
Assuming you have provided the appropriate KYC information, approvals can be as fast as 15 minutes and, depending on date, time and queue, it could take up to 48 hours, Monday to Friday. If additional information is required, or if we have many submissions awaiting approval, it could take up to 2 weeks.
Security Note: Depositing funds to your Upstream bank account without a prior deposit-intent may delay your funds’ arrival in your Upstream trading account.
Deposits will only be accepted from the account number that you supplied during the Upstream app onboarding process. This is for your protection.
PayPal | Credit | Debit cards: Instantly
USDC typically within 15 minutes
U.S. Dollar wire transfer: same business day in U.S.
U.S. Dollar ACH: up to 3 business days in U.S.
U.S. Dollar electronic funds transfer from overseas: up to 3 business days
Deposits will only be accepted from the account number that you supplied during the Upstream app onboarding process. This is for your protection.
Security Note: Depositing funds to your Upstream bank account without a prior deposit-intent may delay your funds’ arrival in your Upstream trading account.
Deposits will only be accepted from the account number that you supplied during the Upstream app onboarding process. This is for your protection.
You can see the balance of your funds in the Portfolio screen on Upstream. Note, there are two numbers shown; one is the actual Balance of funds and the other is the Available Balance of funds you have available for trading. The available balance will be lower than the actual balance if you have already placed one or more securities buy orders or NFT bids. The total value of your buy orders (share price * order size), and maximum NFT bid, is blocked on your Upstream trading account until your order is executed, is cancelled by you, or expires at the Upstream exchange.
There are no minimum funding requirements, however you may not trade in an amount greater than your account is funded.
Login to your account
Tap the ⚙ icon
Tap Manage Account
Tap Withdraw
Enter amount you intend to withdraw from your Upstream account
Tap Confirm
Your withdrawal request will be processed by the Upstream banking partner using the Upstream API. However, certain AML and suspicious transaction checks may be made by Upstream or our custodians which may delay your withdrawal and we may request further information from you by email or by calling your cellular phone.
In the U.S., ACH transfers typically take 1 day, and international bank transfers can take up to 3 days to arrive at your personal bank account.
Security Note: Withdrawals will only be sent to the bank account number that you supplied during the Upstream app onboarding process. This is for your protection.
There are no fees to maintain your account however there are fees associated with individual actions including the following (all fees will be deducted from your cash balances):
Outgoing/Withdrawal Wire Transfer Fee from your Upstream account to your local bank account:
ACH Free
International Wires $30.00
Incoming/Deposit ACH Fee: $0.20 (U.S. only)
Incoming/Deposit Wire Fee: $0
However, please note that your bank may deduct wire fees or currency conversion fees directly from your local account, so please note that the amount you sent may not be final amount that arrives in your Upstream account.
USDC Fees
You only pay the Ethereum transaction fee (gas) to transfer USDC in to Upstream and out of Upstream.
Securities Trading Fee: 1% trade fee charged should you buy or sell shares in the open market.
NFT Trading Fee: 0% to buy NFTs and 2% to sell NFTs.
NFT Auction Fee: $1 fee to list an NFT for auction.
When funding your account with PayPal, a fee of 3.49% + 49c is applied to deposits from US customers. A fee of 4.99% + 49c is applied to International Customers.
Yes, to open a corporate account during KYC please select 'Bank' as your deposit from method and enter the name of the company in the field provided. To complete KYC open the Upstream app, tap the settings icon in the top right, then KYC. On the Payment Details screen where it says Deposit From, hold and scroll to change the default from 'Card' to 'Bank'. Form fields will appear for your company name and company bank details.
A Signing Key is a way of storing a password protected file that contains your blockchain public and private keys, together this makes a key pair. Upstream will never know your local private key. A great way to think about your Signing Key is like a Pin Code to your ATM card. When you join Upstream, you are entering into a non-custodial environment. This means that you control your assets directly on your device. To make things easy, we make this Signing Key unlockable using your biometrics and this check is enacted every time you make a blockchain transaction, such as a buy, sell, bid, auction, or funds withdrawal on Upstream.
It's critical that you export a copy of your Signing Key to a safe place. This way if you lose your device or forget your password, you’ll be able to recover your digital securities and NFTs using your private key.
From June 2022, your Upstream app will require you to back-up your Signing Key to the cloud as part of the account creation process. On Android OS smartphones, you’ll be prompted to save to your phone’s Google Drive cloud account, in the root folder (Example: keystore_0x9a2ab7f1b6d00d6ae79e29d8f8d0f33e7608b508.txt). For iOS, we'll automatically back this up to an iCloud App Container, which cannot be accessed from outside the app.
You can also make a back-up of your app’s Signing Key at any time by going to the tapping the ⚙ icon to enter the Me screen, and tapping “Manage Signing Key” and, tapping the “Export Signing Key” button. You will be prompted for your biometric verification or the Keystore password. Upon successful verification you will be prompted to select a destination for your Keystore (such as Mail, Notes etc.). Note, the Keystore, when exported, remains password protected and is useless to anyone that does not know your password.
For IOS users who are receiving an iCloud backup message:
If you’re receiving a message about iCloud Backup on your iOS device, this could mean that you’re not signed into iCloud or that your iCloud drive is turned off. Please go to your iOS settings, tap your iCloud profile, sign into iCloud, tap iCloud, tap iCloud drive and turn it on.
You can disable two-factor authentication by clicking the setting icon then tapping “Unlink Authenticator”. Disabling two-factor authentication is not recommended as it reduces the overall security of your Upstream app on your device.
On the ⚙ screen you will see a “Logout” button. Tapping Logout will terminate your session at the server, and you will be required to reauthenticate (using two-factor authentication, when enabled) again. It is a very secure way to disconnect your app if you will not be using it for a few days.
As long as you have your Signing Key safely backed-up, it’s easy to get back to your account.
Contact servicedesk@upstream.exchange
Tap the “Investor” tab at the bottom of the Upstream app, then tap “Update Personal Information” tile and select the information that you wish to change and “Notarize” the information using your Signing Key. If you are having difficulty or have any questions on this, please contact servicedesk@upstream.exchange.
Every Upstream deposit of funds is confirmed to the user by email, a push notification is sent to the Upstream app, and will appear in the Upstream app’s “Me” screen under the “Message Center”.
Every Upstream buy or sell order is notified to the user by a push notification to the Upstream app and will appear in the Upstream app’s “Me” screen under the “Message Center”.
Upstream users that have passed KYC may request monthly account statements by contacting us by e‐mail at servicedesk@upstream.exchange.
We believe that your wealth is an extremely private matter and your identity and financial records are kept strictly confidential. No mailing lists are sold, nor is any client information shared with outside firms unless legally mandated or directed by you. For more information, please see our privacy policy.
All Upstream accounts, U.S. and non-U.S., are FDIC-insured up to $250,000 for the cash positions held at our American cash custodian Digital Trust.
Upstream USDC funds, U.S. and non-U.S., may be sold Upstream for US Dollars (fiat) at Upstream’s sole discretion.
Upstream securities are issued by registered companies with verified management teams that have their share register managed by a designated share registrar in conjunction with Upstream. When using Upstream, all share holder names and balances are known to the issuing CEO and their share registrar. In the event that your device is lost or stolen, and you are unable to recover your Private Key from your Signing Key backup, then Upstream will assist you in replacing your lost (digital) shares by liaising with the issuer, their registrar and yourself to cancel the lost shares, and issue new shares in their place to your new, re-verified, Upstream account. You can contact us at servicedesk@upstream.exchange to replace lost shares.
The market value of securities positions in Upstream is not insured and is subject to market fluctuations and risk.
The Upstream app allows you to enable biometric verification for trades and withdrawals by tapping the ⚙ icon, tapping “Settings” and sliding the “Use Biometrics for Keystore”.
Please contact us at servicedesk@upstream.exchange to close your Upstream account.
Once you navigate to the market, you have the option to view all available securities. Tap on any of the securities to see its current share price, share history, buy and sell your shares, and view the Orderbook.
The Orderbook shows best bids and offers for a given security in real-time. Since Upstream is based on a public blockchain, every Upstream trader can see the complete orderbook depth. There are no hidden orders or iceberg orders allowed on Upstream. All Upstream orders must be signed using a Private Key on the app and no automated, high frequency or algorithmic trading is permitted. So, on Upstream, every trader has fair and equal access to the market data. And Upstream does not sell or otherwise make its real-time trading-data available to third parties, APIs or algorithmic trading services.
+Immediate or cancel (IOC)
Will execute all of your order immediately, or if the entire order cannot be filled, it fills part of your order and cancels any unfilled portion of the order.
+1 hour
If the order doesn’t fill in one hour it will expire and be cancelled.
+Day
If the order doesn’t get filled by market-close today, then the order will expire and be cancelled.
+A custom date
If the order doesn’t get filled by market-close on the set date it will expire and be cancelled.
+Fill or Kill (FOK)
The order will only execute it the entire order size can be purchased. If it can’t, then the order will be withdrawn.
View all your shares and currency account balance from the Portfolio tab of the Upstream app.
Navigate to your portfolio and click on any of your positions to view more details.
You have the options to
+Sell |
Tap Sell to sell your shares in the same way as described above in “How do I sell securities?” |
+Stop Loss |
Select the drop-down menu at the top right and select “Stop Loss”. This creates a secret, off orderbook, order to offer to sell your securities if the share price falls to a specified Trigger price, the “stop-loss point”, with the Limit price being the lowest price you’re willing to accept below the trigger. The Limit price must be lower than the trigger and, depending on market conditions, no shares may be sold if the trigger is reached and there are insufficient buys to fulfil your order. Stop Loss orders are designed to limit an investor’s loss on a position when the market falls suddenly or perhaps when the investor isn’t using the app (e.g., while sleeping, or traveling etc.). |
+Take Profit |
Select the drop-down menu at the top right and select “Take Profit”. This creates a secret, off orderbook, order to offer to sell your securities if the share price rises to a specified Trigger price, the “take-profit point”, with the Limit price being the lowest price you’re willing to accept below the trigger. The Limit price must be lower than the trigger and, depending on market conditions, no shares may be sold if the trigger is reached and there are insufficient buys to fulfil your order. Take Profit orders are designed to lock-in an investor’s profit on a position when the market rises suddenly or perhaps when the investor isn’t using the app (e.g., while sleeping, or traveling etc.). Investors may risk not being able to sell the securities for an even higher price if the trend continues upward after reaching the initial trigger “take-profit point.” |
+Trailing Take Profit |
Select the drop-down menu at the top right and select “Take Profit”. Similar to “take-profit” but designed to create an order to remain open and continue to profit as long as the price is moving in the investor’s favor. The order closes the trade if the price starts falling by the specified Trailing Percentage or dollar amount. |
Tap Market
Tap on the security you’d like to watch
Tap the star to the right of the ticker symbol
Navigate back to the Market and tap Watchlist to view all favorited securities
To cancel an order:
Login to the app
Tap Orders
Tap on the order you’d like to cancel
Select Cancel and sign the transaction using your Signing Key
To view the technical details of your Upstream orders on the Upstream layer-2 rollup blockchain, you need to go to the Orders tab, tap the “All” sub-tab, select the order you wish to view and tap the link below “Order ID”, or where applicable, tap the link(s) below “Trade Reports”. This will open a webpage in the Upstream block explorer, Dora. Dora shows the Ethereum blockchain transaction hash, the mining status, the block height, timestamp, (anonymous) public-key addresses of the trading parties, trade value, network gas consumption, input data and other details. Note, Upstream operates on a public blockchain, so all order-data is available to the general public, but does not disclose or otherwise indicate any identifying details about your account. It only discloses your Public key, as is the norm for public, anonymous blockchains.
Candlestick charts are an efficient way to look at a lot of information about a stock's price at once. It shows how much the price moves up or down in a certain time period to help investors better understand price movement.
Upstream currently does not offer margin trading.
Upstream currently does not offer short selling.
Upstream does not solicit trades or advise Upstream users of the suitability of any trade, IPO, or other offering. Investors who trade through the Upstream platform make their own trading and investment decisions. Upstream does not endorse or recommend any securities bought or sold on the Upstream exchange. Upstream does not offer investment advice or recommendations of any kind. All services offered by Upstream are intended for self-directed clients who make their own investment decisions, without aid or assistance from Upstream. Company listings on Upstream are only suitable for investors who are familiar with and willing to accept the high risk associated with speculative investments, often in early and development stage companies. The securities are intended for investors who do not have a need for a liquid investment. There can be no assurance the valuation of any particular company’s securities is accurate or in agreement with the market or industry comparative valuations. Companies listed tend to be in an earlier stage of development and have not yet been fully tested in the public marketplace. Investing in those companies requires high risk tolerance, low liquidity concerns and long-term commitments. Investors must be able to afford to lose their entire investment.
For additional information on suitability, please review the Suitability FAQ section.
For traded securities there is a 1% trade fee charged should you buy or sell shares in the open market.
Dividends may be payments made by companies to its shareholders from the profits of their business. Upstream manages the distribution of U.S. Dollars dividends on behalf of Upstream issuers.
The ex‐dividend date, or record date, is the cut-off date established by a company in order to determine which shareholders are eligible to receive a dividend or distribution
Company listings on Upstream apps and/or websites are only suitable for investors who are familiar with and willing to accept the high risk associated with such investments and early-stage growth companies. Companies seeking crowdfunded private placements, Reg A or Reg CF investments tend to be in earlier stages of development and have not yet been fully tested in the public marketplace. Investing in these securities requires high risk tolerance, low liquidity concerns, and long-term commitments. Investors must be able to afford to lose their entire investment. In addition, there can be no assurance the valuation is accurate or in agreement with the market or industry valuations.
For high risk securities there may be no liquidity, limited liquidity and redemption fees may apply if redeemed before maturity as outlined in each offering prospectus.
Upstream encourages its Customers to invest carefully and to use the information available at the websites of the SEC at http://www.sec.gov and FINRA at http://FINRA.org and ESMA (europa.eu).
For additional information on suitability, please review the Suitability FAQ section.
Non-fungible tokens, or NFTs, are digital tokens that represent ownership of a unique digital item.
An Upstream NFT token meets the following criteria, and any additional criteria that may be laid down by a directive in the Clearing Agency or Securities Facility rules;
The Upstream NFT Marketplace offers a secure one-stop-shop for creating and selling authenticated NFTs to a global fan-investor community.
Watch tutorial video on how to participate in an NFT airdrop
Watch tutorial video on how to purchase an NFT
A redeemable NFT on Upstream enables buyers to redeem an item or experience while still being able to hold the underlying digital collectible. Upon redemption, the NFT unlocking the experience is ‘burned’ and replaced with an evolved NFT that can be held as a collector’s item for proof of redemption, proof of attendance, a commemorative keepsake, or even for further trading.
Some NFTs are redeemable for an item or experience.
Before redeeming, you must’ve already successfully purchased or claimed the NFT and have it in your Upstream portfolio. Now you’re ready to redeem your NFT.
Supply this secret code to the NFT creator to fulfill the utility offered by the NFT. The NFT creator will only fulfill the utility once per unique redemption code. You may find your unique redemption code anytime in your message center by navigating to the Home Screen on the Upstream app, tapping the settings icon, then Message Center.
There are three types of NFT Transactions,
An NFT Auction is the purchase and sale of an NFT by means of the Upstream App through your Upstream Account.
NFT Auctions conducted on Upstream may only be conducted by means of the Upstream App and by no other means.
Upstream only charges sellers a $1 NFT auction fee, and only upon sale will sellers pay a 2% sales commission, constituting some of the lowest creator/seller fees in the NFT space.
To participate in the NFT Auction, as willing buyer, you must, through your Upstream Account, place a bid for the relevant NFT.
You may not cancel your bid for as long as it is the highest bid in the NFT Auction.
In placing a bid, you agree to purchase the NFT at a purchase price that is not more than your bid.
The value of your bid will be blocked on your Upstream Account while your bid remains the highest bid during a live NFT Auction. If you are outbid, then the block will be lifted.
At the close of an NFT Auction, the highest bid will win, and a sale and purchase transaction will be concluded between the seller and the highest bidder in respect of the NFT on the following terms:
You must have a credit balance of the NFT creation fee, as shown in the Upstream Terms and Conditions, in order to create a new NFT on the Upstream App. All new NFTs created on Upstream will be placed up for auction once the creation is complete.
Using the Upstream App, tap the Investor tab at the bottom of the screen, then tap NFT, then tap NFT Create. During the creation,
For details on how to become a verified creator, please reach us at hello@upstream.exchange.
Note, certain objectionable words, decided at Upstream’s sole discretion, will not be permitted to be created with an NFT.
After the first Notarization step, you will be shown the second and final phase of the auction creation process when you may upload the NFT media (can be any file type available on your device), then select the new ticker symbol, as generated by Upstream after phase 1, and tap Notarize.
That’s it, just let the Upstream auction house prepare the auction and you will be notified when your NFT is live on the marketplace.
Note, certain objectionable media, decided at Upstream’s sole discretion, will be removed from the NFT Marketplace.
Watch tutorial on how to create an NFT tutorial
Yes, you can see the current best bid on your NFT Auction in the Upstream App by tapping the Portfolio button at the bottom of the screen and tapping the NFT ticker symbol.
As soon as your reserve price is bid by at least one person, then you are guaranteed to be paid at least that price when the auction closes. There is no upper limit on how much people can bid, it depends solely on the bidders.
Unsold NFTs will be appear in the Upstream App’s Portfolio screen. You may tap on an NFT and re-auction whenever you wish.
No, NFT Auctions only close on the date that you stated when you created the auction.
NFT Auctions can be browsed by tapping the Market button at the bottom of the Upstream App screen. Then, tap the label “NFT” and a list of all active NFT Auctions will be shown along with the current best bid or reserve price.
Simply tap the NFT ticker to view the NFT media. If you like what you see, tap Bid and enter the maximum price you are willing to pay.
Note, Upstream NFT Auctions operate as a “second price auction” where you secretly enter your maximum bid and all other bidders bid to see if their maximum bid is higher than yours. If it’s not, then the auction closes and you pay the price that the last unsuccessful bidder attempted.
Our website has the latest terms and conditions here: https://upstream.exchange/docs/Upstream-Participation-Agreement.pdf
Upstream NFTs adhere to the Ethereum ERC-721 standard.
If you find an objectionable NFT image or video then you can contact servicedesk@upstream.exchange to request a review. If Upstream, at our sole discretion, finds the media objectionable then the NFT auction will be withdrawn from public view.
If you feel that you have a legitimate copyright infringement claim on NFT media being auctioned on Upstream, then you may email us at copyright@upstream.exchange and supply us with the identification of the allegedly infringing material that you are requesting be removed, and a description of where it is located on the NFT Marketplace.
Our copyright agent will contact you for further information such as:
NFT Transactions concluded through the Upstream App are unsolicited and auction and bid decisions made by you will be your own decisions and that no representatives of MERJ will offer any auction, bid or NFT ownership advice.
You further understand that you must review your suitability and NFT ownership objectives before placing an NFT Auction or bidding on an NFT Auction. You understand that NFT purchases involve risk, that you may lose the entire price paid, and that the past performance of an NFT, industry, sector, market or NFT digital media does not guarantee future auction values.
An "NFT Export" moves your tokens across chains from the Upstream Raneum Chain to the Ethereum Mainnet Chain. Please note that not all Issuers allow their NFTs to be exported, and you should always check before committing ETH on Ethereum Mainnet to an export.
To export your Upstream NFT, simply:
Please note: You must transfer this fee from your Upstream Wallet address. You can find this address in the Me screen of your Upstream App. If you have further questions on this, please contact the team at servicedesk@upstream.exchange.
Once you’ve exported your NFT from the Upstream Raneum Chain to the Ethereum Mainnet Chain, you’ll need to connect your Upstream Keystore to your MetaMask software to access the NFT.
To do this:
You will now have your Upstream Wallet connected to MetaMask.
At Upstream’s sole discretion, objectionable material supplied as part of an NFT Auction that may be directly or indirectly construed as being in connection with text, images, videos, or other forms of media so as to:
Our copyright agent will contact you for further information such as:
US & International Equities
Athlete / Celebrity Ventures
Crowdfunded Securities
An Initial Public Offering (IPO) is the first sale of stock by a company to the public. If an IPO is successful, the shares of the company will usually begin publicly trading on a stock exchange like Upstream/MERJ, the London Stock Exchange, Toronto Stock Exchange, the NYSE or NASDAQ etc.
Typically in an IPO, the general public has to wait for the stock to begin trading on a national exchange in order to purchase shares. With other popular trading apps, you’re able to place a “Pre-IPO” order but you’re not participating in the IPO, you’re just entering your orders for when trading begins.
On Upstream, investors have the ability to order shares before the IPO closes and before trading begins.
Here’s where Upstream operates a little differently. Our goal is to provide as many people as possible with at least some IPO stock at the same price and time as Wall Street. This means every investor who wishes to participate before an IPO closes will be able to. For IPOs in high demand, you may not receive all the shares you ordered. If this happens, at the time the IPO closes, then you will be allocated shares on a pro-rata basis and all of your unspent funds will be unblocked. IPO allocations are not guaranteed and our goal is to level the playing field and distribute shares fairly across all interested public participants.
Upstream IPOs securities are registered, unrestricted securities free to trade on the Upstream app the next trading day following the IPO close.
Upstream is a revolutionary market and trading app giving U.S. issuers access to a global investor base who can trade your company’s shares with digital currency and USD.
Solves for deposit and trading issues: Upstream’s U.S. transfer agent deposit and legend lift technology solves for the common deposit and custody roadblocks issuers face.
Provides enhanced price discovery: Upstream is the first exchange to allow global investors access to U.S. equities using digital currency in the form of USDC stablecoin. This enables issuers to reach modern-day investors and increase liquidity potential.
Unlocks global liquidity: Be part of the next generation exchange and trading app for digital securities and offer your shares to a whole new set of fans, investors, and traders.
Provides advanced technology integrations: Streamline shareholder management with Upstream’s cap table and dividend payment solutions, compliance onboarding integrations, and investor communication tools.
Low fee structure: Access all the perks of an app-based, overseas exchange while enjoying competitive listing and compliance fees.
Upstream issuers’ digital coupons are awarded to all shareholders as a redeemable non-fungible token (NFT), one per shareholder regardless of the number of shares owned as of the record date. The digital coupons are not securities and are issued as ERC-721 tokens, an Ethereum blockchain standard for representing ownership of NFTs where each token has a unique identifier.
Our digital coupon strategy for Upstream issuers leverages our redeemable NFT technology to drive shareholder engagement and additional issuer revenue potential. It allows shareholders to get firsthand experience with issuers’ products and opens the door for new customers as shareholders may decide to sell the digital coupon for US dollars on Upstream’s regulated market to non-shareholders.
Digital coupon NFTs have no royalties, equity ownership, or dividends. NFTs are for utility, collection, redemption or display purposes only.
Shareholders can claim their digital coupon by:
Once verified, shareholders will find their digital coupon in their Upstream portfolio, typically within 48 hours, and may then sell the digital coupon on Upstream or redeem the digital coupon. If shares are held at a brokerage, you will receive a request for an account statement via email to verify that you’re a shareholder as of record date.
Supply the unique redemption code to the Issuer to fulfill the utility. Find your redemption code any time from the message center by opening the Upstream app, tapping the settings icon in the top right corner then Message Center.
NFTs “or non-fungible tokens” represent ownership of a particular digital or physical item. This ownership is recorded on a blockchain that can’t be altered, meaning you’ll always have verifiable proof of this ownership.
Ticker NFTs
Bring a physical event into Web3 with ticket NFTs for attendees to gain entry, commemorate an event, receive additional perks, and build community value for the tickets as collectibles.
Redeemable NFTs
Generate meaningful user journeys with Redeemable NFTs which can unlock experiences, digital and physical items while continuing to hold the underlying digital collectibles.
NFT Social Mint
Drive promotions with a share-to-earn NFT experience where fans Tweet about a project and instantly receive a free NFT in their Upstream portfolio as a reward for their promotion.
Soulbound NFTs
Build FOMO with non-transferable Soulbound NFTs that can only be purchased or claimed by fans that were at a particular event.
Congrats on wanting to include liquidity as part of your growth strategy! Visit our Get Listed page to learn more and begin the application process. We make the process as seamless as possible for you to list on the revolutionary exchange and trading app. We also make the process simple for investors to participate in your offering. For additional questions not answered on the Get Listed page, please contact the team at servicedesk@upstream.exchange.
We believe Upstream represents the future of trading. Although designed to look and feel like a traditional stock exchange, Upstream offers an enhanced trading experience for investors of all levels to trade stocks using the USDC stablecoin and traditional bank payments. With features like streamlined trading strategy tools, a public orderbook, and instant settlement; we invite you to join our community.
NASDAQ, NYSE, OTC Markets and International Issuers are invited to dual list on Upstream and offer their shares to an entirely new set of traders, fans, and investors. Learn more on out Get Listed page.
Visit the Get Listed Page to view more of the benefits or email us at hello@upstream.exchange with other inquiries.
No. Upstream does not solicit customers to do transactions on its platform. Any trade you decide to do must be based on your own investing judgement. Furthermore, if you are a U.S.-based investor, in order to comply with SEC rules, by using Upstream you will have confirmed your acceptance of the Upstream terms and conditions, which state that you affirm that you have not been solicited by Upstream or any of our representatives.
Before making any investment in an Upstream-listed security, an investor should consider, for each investment, their investment objectives, and characteristics, liquidity risks and potential benefits, volatility and likely performance in a variety of market and economic conditions pertinent to whatever security they are considering investing in.
Upstream is a MERJ Exchange Market. MERJ is an affiliate of the World Federation of Exchanges “WFE.” The WFE is the global industry group for exchanges and clearing houses (CCPs) around the world. The WFE represents over 250 market-infrastructure operators ranging from the largest financial centers to frontier markets.
Founded in 1961, the Federation was set up to contribute to ‘’the development, support and promotion of organized and regulated securities markets in order to meet the needs of the world’s capital markets in the best interests of their users.’’ This remains the WFE mandate today.
FinTruth, LLC dba Digital Group t/k/a Digital Trust is our Cash Custodian, a registered Trust Company. Digital Trust is located at 7336 W. Post Rd. Suite 111, Las Vegas NV 89113 USA Phone 866.757.7970
No, there is no Payment For Order Flow on Upstream.
Yes, All Upstream accounts, U.S. and non-U.S., are FDIC-insured up to $250,000 for the cash positions held at our cash custodian Digital Trust.
The Upstream "Pay Up" feature can be found under the Investor tab, and it allows one Upstream user (payee) to request a payment from one or more Upstream users (payers), and for the payers to transfer the amount directly from their Upstream balance.
The process is delivered in two phases:
The "Pay Me" QR code is then scanned with a smartphone camera to bring the payer into the Upstream app "I Pay" section. This is where the payer transfers payment by simply confirming the amount to be paid, and signing an Upstream app transaction that is submitted to the blockchain for settlement.
Note, "Pay Me" requests do not specify who can pay a payee, anyone can pay a payee as long as they have sufficient funds in their Upstream app.
All IPOs on Upstream are offered pursuant to a prospectus. A prospectus contains the complete details of the investment offering to the public. A prospectus includes some of the following information:
A brief summary of the company’s background and financial information
The name of the company issuing the stock
The number of shares
Type of securities being offered
Names of the company’s principals
Names of the banks or financial companies performing the underwriting
In addition, the prospectus informs investors of the risks involved with investing in the security or fund. Risks are typically disclosed early in the prospectus and described in more detail later. The age of the company, management experience, management's involvement in the business, and capitalization of the stock issuer are also described. The prospectus information also guards the issuing company against claims that pertinent information was not fully disclosed. We encourage you to read the prospectus in entirely before investing.
Preferred stockholders have greater claim to the company’s assets and earnings than common stockholders. Also, the preferred stockholders’ dividends are generally different and greater than the common shareholders.
A PIPE, also known as a Private Investment in Public Equity, is a way for companies to raise capital in the public markets in timely and most cost‐efficient manner. A private placement is an offering of securities that are not registered with the FSA. A secondary offering is the issuance of shares from a company that has already done its initial public offering (IPO).
Suitability is the determination that a particular investment strategy meets the objectives and means of an investor. It goes beyond just the financial resources of an investor to participate as an accredited investor in, for example, a private placement, but also encompasses the appropriate knowledge and understanding of risk. Investing in the stock market is speculative and investors should understand the risks associated with the investment and what is suitable for their investment objectives.
A Registration Statement is a set of documents that discloses important financial information regarding the registration of securities, including a prospectus, which is filed the Upstream regulators so the shares can be sold under certain conditions on Upstream.
Some U.S. issuers that have been quoted on Upstream may have utilized the following registrations or exemptions in their previous funding rounds.
Rule 506(c) is a new exemption that originated from the JOBS Act that allows general solicitation and general advertising in connection with private placements of securities. Rule 506(b) is the exemption that companies have used for decades to raise capital from pre-existing relationships without the use of any advertising or general solicitation. Companies can now choose between 506(b) or 506(c).
The main difference with 506(c) is the higher standard for ensuring that every investor is accredited. For both 506(b) and 506(c), you should have a "reasonable belief" that an investor is accredited before accepting their investment. With 506(b), founders often take the investors own word, and take relatively few steps toward verifying it. That standard isn't good enough for 506(c); you must also take "reasonable steps" to verify that your investors are accredited which include review of financial statements, tax returns or professional letters from lawyers, CPAs, registered investment advisers or brokers. If the rules of 506(c) are not properly followed, the violation can lead to a one‐year hold on your fundraising efforts and a return of capital to investors.
For more, visit http://www.sec.gov/info/smallbus/secg/general-solicitation-small-entity-compliance-guide.htm
Companies (referred to by the U.S. Securities and Exchange Commission as an “issuer”) that have raised money through a crowdfunding platform through what is known as a Regulation Crowdfunding(“Regulation CF”) must file an annual report on Form C-AR within 120 days of the end of the company’s fiscal year, if they are required to file (See “Who Must File the Annual Report on Regulation C-AR below). Most company fiscal years end on December 31. In this case, the filing deadline would be April 30 of the following year. Companies with annual reporting obligations under Regulation CF must file the Form C-AR with the SEC and “post on the issuer’s website” the annual report, along with the financial statements of the issuer certified by the principal executive officer of the issuer to be true and complete in all material respects and a description of the condition of the financial condition of the issuer as described. Upstream uses these U.S. Filings as part of the disclosure of information to Upstream traders.
For U.S. Issuers, a Form C, also known as the Offering Statement, needs to be completed by any issuer conducting a Regulation Crowdfunding. They must file it with the Securities and Exchange Commission (SEC). The purpose of Form C is for issuers to provide all the information as may be required by investors to make a decision before investing in the company’s crowdfunding offering. A Form C assists investors in evaluating and studying the offering. With it, they can learn the details about the background of the company, potential risks related to investing in the company, the use of proceeds of the raise, and other critical information. If any terms of the offering change before it gets closed or terminated, the issuer also needs to file an amendment to the offering statement on Form C/A. The amendment must include all the additions, changes, or updates.
For U.S. Issuers, a Form 1-A is the offering document required to be filed for securities offerings that are qualified under Regulation A and Regulation A+.
For U.S. issuers, a Form 1-K is similar to an annual report. The Form 1-K is the SEC form that must be filed annually by issuers that have completed a Tier 2 offering under Regulation A under the Securities Act. The full text of Form 1-K is available on the SEC's website. Form 1-K consists of:
Annual reports on Form 1-K must be filed within 120 days after the end of the fiscal year covered by the report. Upstream uses these U.S. Filings as part of the disclosure of information to Upstream traders.
Investors may have previously acquired their securities in the U.S. or Canada in a registered or exempt securities offerings pursuant to their status being deemed as accredited.
In the U.S., accredited or sophisticated investors are persons who, due to their income and/or net worth, are deemed to have a level of financial sophistication such that they require a lesser level of protection under the U.S. federal securities laws. With regard to individuals, a person shall be deemed to be accredited under U.S. securities law if they meet at least one of the following categories:
Upstream is open to investors of all levels, enabling supporters to get in early on the businesses they love.
An unaccredited investor represents anyone who is not deemed “accredited”. The high-growth-stage for many issuers occurs while they remain private, and these shares have historically been reserved for the ultra-wealthy.
Upstream is a MERJ marketplace that is located in and the Republic of Seychelles and overseen and regulated by the Seychelles Financial Services Authority (“FSA”) which is the securities and other non-banking financial services regulator in the Republic of Seychelles. The Seychelles FSA is also the primary regulator for anti-money laundering compliance and works closely with the FIU to implement and ensure adherence to OECD Financial Action Task Force (FATF) recommendations. Upstream cash deposits are held in the United States.
Please browse our Support Center for common questions. If you have additional questions about Upstream, please reach us at hello@upstream.exchange. For any support related questions, please reach us at servicedesk@upstream.exchange.
Please browse our Support Center for common questions. If you have additional questions, please reach us at servicedesk@upstream.exchange.
Please navigate to the Get Listed page and fill out your email, name, and desired transaction. You will be sent the appropriate materials and listing application.
Upstream believes you should be paid for your attention. Our revolutionary advertising service gives you, the user, 100% of the revenue from its privacy-respecting ads. As an Upstream user, you can choose to receive push notifications with curated ads for securities or NFTs. You have the option to reject the ad, and not be paid, or tap the ad to engage and be paid for your time.
Upstream’s Web3 advertising service was founded on a decentralized concept which works to give control back to the individual. From the beginning of the internet boom, companies began collecting all types of consumer behavior data. As the internet became part of our everyday lives, consumers became more willing to silently share information in order to receive access to online communities and markets, and digital marketing erupted into a sea of behavior-targeted ads and even more behavior-data collection and so on.
Unfortunately, the desire for these valuable pools of people’s data stored by tech giants and brands has also created honeypots for hackers. Not only were individuals being forced to entrust brands with sensitive, personally identifiable data, they weren’t getting any payment or reward for their contribution to the multi-billion-dollar industry that wouldn’t exist without their data or attention.
On Upstream, we take an entirely different, decentralized approach. As an Upstream Web3 user, you are only identified by your anonymous blockchain wallet with the option to receive curated Upstream ads and are paid for any attention given to securities and NFT advertisements. No personal data is shared with advertisers on this platform. Ever.
To opt-in to the advertising service, open the Investor screen then tap Advertising, Opt-In to Advertising. From there, you’ll be asked a few questions:
To opt-in to the advertising service, open the Investor screen then tap Advertising, Opt-Out of Advertising and tap the Opt-Out button. Follow-the on-screen prompt to complete.
When you are ready to move your Advertising Rewards to your main balance, simply open the Investor screen then tap Advertising then Claim Rewards. Tap the Claim button to confirm and your rewards balance will be moved to your main account balance.