 | RED Fund (REDF) |
RED is a token based real estate Development Fund. The funds raised through token sales will be directed in their entirety for the acquisition and development of residential projects for sale across specific cities in specific countries across Latin America.
WhitepaperImportant By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.
What is RED Fund
ID8 Capital is looking to raise USD 150 million with the purpose of acquiring and developing between 6 to 8 residential projects in highly urbanized areas across Mexico, Peru, Brazil, Colombia and Chile. Expected annual returns to investors are expected at 30%+.
The Opportunity
Investing in Real Estate Development has, until recently, been available more exclusively to a select group of institutional investors given the usual large size of equity required as well as the illiquid nature of the assets.
We believe in its value for any individual and intend to disrupt this pattern through our offerings by providing investors access through an asset-backed, tradable, transparent, liquid, Ethereum-based token, with a clear token buy-back policy.
OUR FIRM
ID8 Capital, founded in 2015, is a private real estate investment platform focused on acquiring and developing residential and mixed-use properties throughout Latin America, seeking opportunities with returns beyond 30% per year.
ID8 Capital’s founders have participated in roughly US$ 4 billion worth of real estate transactions, asset management and development in residential, office, retail and hospitality across the region.
Our partners have, on average 25 years of experience in the real estate, asset management as well as financial industry.
RED Fund Roadmap
20% Token bonus to all pre-sale investors. Token sale to last 42 days.
2 Week ICO with hard cap of 200,000 ETH.
Setup of Investment Vehicle (Canadian LP) Liquidate 1/2 ICO to FIAT
Listed on etherdelta, yobit, nebulus & idex cryptocurrency exchanges. Applications for larger exchanges submitted.
Company name and registration number to be shared with all token holders.
Gradually liquidate the remaining ICO capital to fiat.
Initial investments will be performed during the first 12 months on a strategic and opportunistic basis. Investment memos of all properties to be purchased and developed will be available on the investor platform website.
As projects complete development & sales, half of proceeds will be used for buybacks while the remaining will be reinvested in new projects.
Token Sale Dates
Presale Period
ICO
Token Allocation
Funding Details
Token distribution
25% - team
75% - crowdsale
Funds allocation
100% - acquiring and developing of real estate projects
Token Price and Payment Options
Project team
Advisors
Social media
Twitter
Telegram
Reddit
MediumIndustries
