Global REIT (GRET/GREM)ICO Global REIT is a blockchain-based real estate investment trust. 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 Global REIT
Global REIT intends to create a global real estate investment portfolio, benefiting from the use of blockchain. Global REIT will begin its investor offering at its home base in Dubai, U.A.E. and then expand worldwide. The company sees cryptocurrency investor,s who want to simultaneously invest in real estate and earn regular dividends and real estate holders, seeking to exit into a liquid market anchored by cryptocurrency, as their key targets for participation on the Global REIT platform.
The ICO of Global REIT will offer Dual Utility tokens to its subscribers: Global REIT Fund Manager Token (GREM) and Global REIT Asset Token (GRET). This means that each subscriber will get shares in the Fund Management Company (GREM) returns and the Asset Owning Company (GRET) returns besides the utility attached with both the tokens.
The token holders of GREM and GRET will get future access to all assets under management of Global REIT. Token holders with minimum 5,000 tokens of GRET or GREM can avail free stays every year in the managed hospitality assets.
Those with minimum 100,000 tokens have an option to sell their real estate assets to Global REIT and enter the liquid market in crypto domain.
DetailsPre-sales: May 01, 2018 - May 31, 2018Public sales: Jun 01, 2018 - Jun 30, 2018 Pre-sale token supply: 12150000 Token supply: 4500000 Hard cap: 20,000,000 USD(fiat) LegalCountry limitations: Japan, United StatesBountyBounty: 2%Translation: 8% Social media: 50% Bitcoin talk signature campaign: 30 % Other: 13 | Token infoTicker: GRETType: Security Token standard: ERC-20 Dividends: 8% of the investment Token price in USD: 1 Token = 1.000000 USD Accepted currencies: ETH, BTC, USD Token distribution: 78% - 1st Asset Contributor 16% - Pre-ICO 6% - ICO Funds allocation: 100% - Acquisition of the 1st Asset |
Global REIT Roadmap
CONCEPT DESIGN & DEVELOPMENT.
COMPANY FORMATION.
BLOCKCHAIN TECHNOLOGY PLATFORM.
PRE ICO.
PUBLIC ICO.
ACQUISITION OF 1ST ASSET IN U.A.E.
Hotel Asset of approx. USD 75 million.
1ST DIVIDEND DISTRIBUTION.
ACQUISITION OF 2ND ASSET IN U.A.E
Residential Building.
ACQUISITION OF 3RD ASSET IN U.A.E.
Shopping Mall.
ACQUISITION OF 4TH ASSET IN U.K
Hotel.