Brought into existence by co founders Jakob Drzagza and Martin Mischke, Brickblock is a new blockchain technology which has come up with solutions to many issues faced by investors. Some of the problems which are being taken care of include investments in exchange-traded funds, real estate funds, passive coin-traded funds and active coin managed funds. The platform uses smart contracts which make it more financially exclusive. These contracts help the company in reducing ordering and issuing of fees as low as that of traditional costs. Brickblock has been successful in eliminating the need to have a bank account, counter party risks and other trading restrictions.
Unlike other ICOs, Brickblock ICO has 3 types of tokens called Brickblock tokens (BBK), Access tokens (ACT) and Proof of Asset tokens (PoA) which makes the platform more efficient and reliable. BBK token can only be bought in the token sale and can be activated or deactivated on the platform. The activated tokens automatically generate ACT. ACT can be sold for ETH. On the other hand the deactivated tokens can be used for trading purposes. BBK token will be the part of trading list on the platform soon. The funds on this platform will have denominations and a PoA token of its own. PoA tokens help investors to prevent the risks involved in investing crypto into real estate or converting it into fiat currency.
Company is focused on making Cryptocurrency more than just a store of value. To bring Cryptocurrency into mainstream just like traditional currency, Cryptocurrencies need to enter the market as a medium of exchange and a unit of account. Brickblock is making an effort to do so by solving some major problems which include crypto-volatility.
The company is enabling the direct purchase of real-world assets with Ethereum. Commissions and fees on Trading and other sectors is the most pinching thing while buying or selling real world assets and hiring retail brokers means giving away lots of money. Brickblock platform brought a solution to this problem by eliminating the middle man and implementing smart wallets. A discount up to 50-fold is offered but can even go to 150-folds depending on the country the trade is occurring in.
The company has recently launched its Airdrop which is a revolution in itself. You can sign up using this LINK and receive free tokens as their promotional offer. Brickblock users have power to track performance of each and every movement in their account with the help of an integrated API and can also cross check the parent smart contract by verifying their affiliated smart contracts. Company also offers its users dividend payouts regularly. With an advanced infrastructure and legal framework, fraudulence and interface of third parties are completely avoided. High liquidity is ensured by the platform and smart contracts driven by fund managers are automatically included into the App. With such unique features and advancements, Brickblock certainly offers something more than just an ICO. With a Moto of bringing up Cryptocurrency to the level of traditional one, this platform is worth investing with. Good Luck Team Brickblock!
Disclaimer: Information shared above is based on personal knowledge only. Before considering any of the advice, you should definitely consider your own research and understanding of the project. Author of the article is not liable for any loss or damages occurred due to use of any information shared as above information is no alternative to a financial advice. The user must understand and accept the sole responsibility of his own actions.
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