Fida (fida)ICO Fida is the real estate backed crypto token that incorporates wownity’s housing concept of ‘wowning’ a house in the blockchain, generating profits for anyone in the world through a smart contract executed buy-back and burn policy. IMPORTANT: 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. |
Overview
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What is Fida
Money invested in the Fida token goes to the Wownity company, which then buys houses for those unwilling or lacking the means to obtain a mortgage. The occupant that rents the house from Wownity is entitled to its purchase. The tenants rent obligations will be decided through smart contracts. Funds gathered from the rent will go to buying back Fida tokens from the exchange and burning them. Real estate bought with Fida tokens will gradually be transfered to the tenant over a period of maximum thirty years.
DetailsToken supply: 24750000LegalBlockchain Platform: EthereumRegistration country: Netherlands Office address: Kanaaldijk N.W. 77, 5707 LC Helmond, The Netherlands BountyBounty: 1% | Token infoTicker: fidaType: Utility-token Token standard: ERC-20 Token price in USD: 1 Token = 1.157650 USD Accepted currencies: BTC, ETH Token distribution: 99% - Public 1% - Bounty program Funds allocation: 75% - Real Estate 12.5% - Operations 4% - Marketing 4% - Development 2% - Foundation 2% - Cash Reserve 0.5% - Legal |
Fida Roadmap
First idea
Crystalizing the idea
Meeting the legal requirements
Commencing ICO
Finishing the final product
Launching the product
Expanding locally
Going internationally