Squarex (SQEX)

R&D PERIOD

MVP ready

PRIVATE ROUND Attracting first funds Registration of legal entities Staffing

RELEASE 0.1
Crowdbuying platform with auction for real estate booking based on smart-contracts and mechanism of real estate listing (ISO).

ICO

RELEASE 1.0
Implementation of local branch-curators to the platform.
ISO-tokens (real estate tokens) function as a discount sertificate and cannot be directly converted into real estate ownership.
Rewarding participants of booking auction with SQEX tokens after auction is finished.

RELEASE 2.0
Launch of DAO logic within the platform.
Extending the functionality of the SQEX token that incudes mandatory use of SQEX tokens to purchase at least 30% of the real estate tokens during initital offering (ISO).
Local SQUAREX branches are paid for listing of real estate projects on SQUAREX with SQEX tokens

RELEASE 3.0
Construiction participants (builders, architechts, etc.) can lock their SQEX tokens as a safety deposit. In case their work was not accepted by local branch-curators, they can be penalized for amount of tokens they locked.
Implementation of SQUAREX super-curators to the platform who are elected from SQEX token holders.
ISO Tokens become tokenized square meters of real estate convertible into ownership right.
Realease of smart-contract for cunstruction funding control.
Built-in trading platform to exchange ISO and SQEX tokens. Extra liquidity for real estate tokens.

RELEASE 4.0
Going fully decentralized. Release of a decentralized crowdbuilding platform. Real estate development within SQUAREX platform is now controlled by community.
Mandatory use of SQEX tokens to purchase is now at least 50% of the real estate tokens during initital offering (ISO).
SQEX token holders can now become auditors, who conduct due-dilligence of real estate development projects listed to local branches.
ISO – token holders can become Project Curators, who control funding of the construction.
Implementation contractors’ bidding. That should be held before listing real estate development project to the platform in order to determine it’s price.

RELEASE 5.0 SQUAREX Final Vision
Release of smart- peer-to-peer mortgage of tokenized square meter’s on SQUAREX platform.
ISO tokens can only be purchased for SQEX tokens during initital offering.