While many Token Generation Events (TGEs) are of a start-up nature, nedscoin’s parent company, Neds International, is already operating as a regulated bookmaker in Australia via its 100% owned subsidiary neds. com.au Pty Ltd. nedscoin is the only wagering TGE to offer 0.25% of all turnover back to nedscoin owners. This distribution is not linked to business profit and will be inclusive of turnover from any expansion of the Neds sportsbook globally. Proceeds of the TGE will be used to grow Neds sportsbook turnover and to launch the brand into new foreign markets. Both of which will ultimately grow top-line turnover and directly benefit the nedscoin holder. Behind Neds is an experienced management team that has a strong track record of disrupting online wagering through innovative product, feature development and marketing initiatives.