 | Fida (fida) |
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.
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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.
Fida Roadmap
First idea
Crystalizing the idea
Meeting the legal requirements
Commencing ICO
Finishing the final product
Launching the product
Expanding locally
Going internationally
Token Allocation
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
Token Price and Payment Options
Project team
Social media
Telegram
Reddit
Medium
LinkedIn
GitHubIndustries
