Website

Konkrete

ICO

Published: Aug 05, 2018

Konkrete is solving the global housing affordability crisis. Users can crowdfund their home deposit or release equity from their existing property.

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Overview

Project industry	Real Estate
Product type	Platform
Whitepaper	Open

Bounty program

What is Konkrete

Konkrete is a property co-ownership platform on the Blockchain enabled distributed unit and share registry. Konkrete includes a distributed KYC process and also includes a distributed voting solution that can be used by various security issuers to record shareholders resolutions in a transparent manner. This infrastructure is what will ultimately allow individuals to crowdfund their deposits or release equity from their existing properties via Konkrete Fractional Property Fund. The Konkrete Token (KKT) will form the lifeblood of the ecosystem. Within Konkrete ecosystem, KKT will provide utility in the form of listing and transaction fees, recording of unit holder votes, AML/CTF checks and more.

Legal

Blockchain Platform: Separate blockchain

Token info

Ticker: KKT
Type: Utility-token
Accepted currencies: ETH
Token distribution:
15% - Early token buyers
15% - Foundation team
10% - Steering committee
10% - Buffer
5% - Advisors
10% - Bounties/bonuses
35% - Long term supply
Funds allocation:
50% - Marketing & Operations
40% - Tech
5% - Legals
3% - Business Development
2% - Buffer