Real estate is considered land and what is permanently attached to that land. Property owners are allowed to use, buy, sell, rent, make a gift, use it to deposit money, to give back to the beneficiaries, or to leave their real property. It can be said that real estate is no longer a strange problem for us. But now I will show you a " real property " is both unfamiliar and familiar in blockchain – BrickBlock project.
What is BrickBlock ?
Brickblock is building a new blockchain-based solution for investing in exchange-traded funds (ETFs), real estate funds (REFs), passive coin traded funds (CTFs) and active coin managed funds (CMFs).
Through the effective use of smart contracts, orders and release fees can be reduced to a traditional cost share. This will make investing in Brickblock be more financially inclusive in all income classes. Artificially limited geographic transactions, including bank account needs, can therefore be eliminated.
Partner risk can be reduced to just a few minutes. In addition, we are introducing a new system of passive electronic funds that reduces the risk and high cost of actively managed money funds by using liquidity providers. , is encouraged by the difference effect. Our system is based on asset allocation based on fundamentals rather than on high risk (CFDs) contracts. It uses the first principle of property, encouraging asset providers to distribute assets before being paid, thus further reducing the risk of investors.
How does BrickBlock work ?
BrickBlock allows sellers to encrypt real assets such as real estate and raise funds. When they do, there will be a smart deal for this property to be implemented. It will issue a separate PoA token for this property and the buyer will call the investor to buy this PoA token via ETH. This PoA Token will be profitable for investors in the future.
In the process of implementing the above procedure, the parties holding the BBK token, a token representing BrickBlock, will be benefiting related.
There are three types of tokens: BBK tokens, token access (ACT) and Proof-of-Assets (PoA) tokens. Tokens used in ICO campaigns are BBK tokens.
1. Token BBK
Token BBK is an ERC-20 token, a digital asset belonging to the BrickBlock platform.
BBK Token has two states: Activated and Deactivated. In Active mode, BBK can generate ACT tokens, which can be traded for ETH. When disabled, this ability in BBK is no longer available.
Token BBK whether active or has been invalid can trade on the current commercial exchange. BBK will be listed on the exchange after the end of the final ICO period.
2. Token Access ACT
BrickBlock charges 0.5% per transaction. This fee is paid by the Acess Token (ACT). An ACT will equal the value of 1 ETH.
Token Access ACT as mentioned above, is generated from the BBK token. When you need to pay the cost, the smart deal of the property sends the ACT purchase order. Owners of Active Status BBKs receive a buy order that can sell ACT for ETH with a single click. BBK then created the ACT again. (ACT is not destroyed).
Example: A fully raised building for $ 50,000. Transaction fee of 0.5% in this case is 250 ETH. At this time, the building's Intelligent Contract will send the ACT purchase order corresponding to 250 ETH. Owners of ACTs (active BBKs that create active ACTs) will be able to trade for ETH.
3. Token Proof-of-Asset (PoA)
All merchandise sold through Intelligent Contract Platforms Brickblock publishes its own PoA Token. Token PoA is sold throughout the property payment cycle and represents all economic interests of the owner. This means that the owner of the PoA Token is legally entitled to the profits of the underlying asset.
Example: A building sold for ETH 20,000. Intelligent contract deploys and issues PoA tokens to investors corresponding to the amount of money they have invested. Token PoA will generate passive income for anyone who holds them, paid periodically by ETH.
PoA tokens can be bought / sold / traded on the Brickblock exchange (this exchange is under development).
In general the main Token in the BrickBlock platform is the BBK token. Token BBK represents BrickBlock
Asset coding makes investing in assets easier and cheaper by eliminating geographical restrictions, unnecessary fees, and minimum amounts. Transactions can be made almost immediately, 24/7.
ICO information
Token : BBK
Platform : ERC - 20
Price : 0.60 $
Accept payment : ETH, Fiat
Sales amount : 75,500,000
Soft Cap: 2,000,000 USD
Hard Cap : 50,000,000 USD
Restricted areas : USA, Canada, China, Singapore
More detail Information
Website: www.brickblock.io
Telegram: https://t.me/brickblock
Announcements: https://t.me/brickblocknews
Blog: https://blog.brickblock.io/
Twitter: https://twitter.com/brickblock_io
Facebook: https://www.facebook.com/brickblock.io/
"Money is like gasoline during a road trip. You don’t want to run out of gas on your trip, but you’re not doing a tour of gas stations." - Tim O'Reilly
Author : Catsmile
Link bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1146089