Palace Residence logo

Palace Residence

Status
ICO

Palace Residence is a decentralized P2P-platform for exchange or rent of any assets and services without currency and taxation expenses.

Palace Residence White Paper Whitepaper

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Interest lvl
NA
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User Rating
Medium
3/5 1 votes
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Ticker
PRT
Type
Utility-token

What is Palace Residence

Palace Residence Group is a real estate company which is offering a solution for real estate tokenization: the Protocol and the Platform. Palace Residence Protocol covers the technology, corporate structure and legal compliance aspects of tokenization. The Protocol will be a turnkey solution for anyone who wants to tokenize real estate, from developers to individuals. Palace Residence Platform is the marketplace for primary sales and secondary trading of tokenized assets. The Platform allows users to trade real estate in fractions with higher liquidity and lower costs.

Token Sale Dates

Presale Period

Start date: Aug 13, 2018
End date: Sep 30, 2018

ICO

Start date: Oct 01, 2018
End date: Nov 30, 2018

Token Allocation

Presale Token Supply 600,000,000
Total Token Supply 1,500,000,000

Funding Details

Soft Cap 100,000ETH
Hard Cap 41,536,000 USD(fiat)

Token distribution


60% - Public
20% - Network Growth
20% - Team and Advisors

Funds allocation


30% - Protocol Distribution
20% - Marketing
15% - Technology
10% - Legal & Security
10% - Others
5% - Brand Awareness
5% - Finance
5% - Office Costs

Token Price and Payment Options

Token price USD 1 PRT = 0.022198 USD
Accepted Currencies ETH

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