In this blog I am going to share my opinion about the ongoing ICO brickblock
Token Sale structure was divided into 3 parts. The last part ends today, so you still have time to contribute till the end of 15.5.2018, or just click https://www.brickblock.io/ to see the duration.
Before you do so, I would like to give some thoughts that I like and dislike about brickblock and will try to keep it short and precize:
- First of all I like the idea that even small amounts of investments for people all over the world are eligible as normally fee's and commisions like crazy are stopping even to consider an investment in stocks for example.
--> possible due to ethereum transactions and smart contracts
- This project is rather for non-risk taker's and long term holders as it tries to bypass the volatility crypto market via real estate assets and will generate passive income from rental shares.
you should imagine like: If you cant afford to buy a whole house, or even a flat but you would like to invest and be a part of it, just buy with your investment amount for example one window , which belongs legaly to you in form of PoA Tokens provided by Brick Block as cryptocurrency coins (BBK). You will have the option to buy/sell them or to hold and gain passive income .
For this idea this page shows all very nice and briefly for great understanding : I really like this page: https://www.brickblock.io/real-estate.html
It shows the idea, the advantages and benefits of brick block, comparing to normal usual paper institutional work.
- In their white paper they compare also other coin's like melonport and digix and some other's less known idea's.
I see melonport as a good competitor to Brick Block , but competition brings to success :D Digix is backed by gold, so probably they can share idea's and build partnerships ^^
The platform is based on the decentralized exchange of 0x . It is still in progress and it will take time to launch a good working exchange for customers and clients.
They already have a lot promising partnerships like jaxx, ethlend but I hope we see more creating WOW ! effects
The team consists of hardworking and experienced member's from different cultures and countries. Especially this shows and underlines their idea to make asset trade accessible to everyone.
Feel free to contribute and/ or to ask via comments. I know this is a very briefly introduction and not backed by number's and facts. Me personally, I heard very late of this project so I just wanted to give a shout before the ICO end's so you still have the chance to read the whitepaper of Brick Block and make your own research and investment.