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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.

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Overview

Project industryReal Estate
Product typePlatform
FoundedNetherlands
WhitepaperFida White Paper Open
OnepagerFida Onepager Open

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 tenant’s 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.

 

Details

Token supply: 24750000

Legal

Blockchain Platform: Ethereum
Registration country: Netherlands
Office address: Kanaaldijk N.W. 77, 5707 LC Helmond, The Netherlands

Bounty

Bounty: 1%

Token info

Ticker: fida
Type: 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

1
Q2 2017

First idea

2
Q3 2017

Crystalizing the idea

3
Q4 2017

Meeting the legal requirements

4
Q1 2018

Commencing ICO

5
Q2 2018

Finishing the final product

6
Q1 2019

Launching the product

7
Q3 2019

Expanding locally

8
Q1 2020

Going internationally

Project team

Wim van der Linden
Wim van der Linden
Co-founder
Sander van Laar
Sander van Laar
Co-founder
Thom Prüst
Thom Prüst
Co-founder
Jannie Engels
Jannie Engels
Art Director
Hein Dauven
Hein Dauven
Blockchain Developer
Bram Hoven
Bram Hoven
Full Stack Developer
Dominique van Mil
Dominique van Mil
Full Stack Developer
Ton van Bussel
Ton van Bussel
Tax Expert
Bart Joosten
Bart Joosten
Real Estate Expert
Jasper van Zutphen
Jasper van Zutphen
Notary

Social media

Fida web-siteFida RedditFida MediumFida TelegramFida LinkedInFida Github

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