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Monaco Estate (MEST)

ICO

Monaco Estate Token is a cryptocurrency backed by real estate rental investments.

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Overview

Project industryReal Estate
Product typeAsset
WhitepaperMonaco Estate White Paper Open

What is Monaco Estate

Monaco Estate Smart Contracts allow for simple evenly distributed profit shares.

Monaco Estate Tokenization allows to participate in the benefits of real estate investments with as much or as little financial input as an individual chooses.

Monaco Estate may also consider holiday lets if it is perceived as a profitable income source.

Monaco Estate provides a platform, where regardless of their equity, users may invest in premium real estate and can benefit from security, transparency and stability of their investment.

Monaco Estate aims to open up the investment opportunities in real estate, providing real life assets tied to cryptocurrency.

Details

Pre-sales: May 01, 2018 - May 15, 2018
Public sales: Jun 01, 2018 - Jun 30, 2018
Pre-sale token supply: 6,600,000
Token supply: 73,400,000
Soft cap: 2,000ETH
Hard cap: 22,671,000 USD(fiat)

Legal

Country limitations: United States,

Token info

Ticker: MEST
Type: Security
Token price in USD: 1 MEST = 0.4194414 USD
Accepted currencies: ETH
Bonus program:
Pre-ICO - 10% until the soft cap is reached
Token distribution:
73,4% - ICO
6% - pre-ICO
0,6% - pre-ICO bonus
20% - team
Funds allocation:
84% - Real Estate portfolio
9% - Real Estate registration fees
5% - reserve fund
1% - company legal fees
1% - smart contract development

Monaco Estate Roadmap

1
MAY 2018

TOKEN PRESALE
10% TOKEN BONUS TO ALL PRESALE INVESTORS.
TOKEN SALE TO LAST 15 DAYS OR UNTIL PRESALE LIMIT OF 3,000 ETH REACHED.

2
JUNE 2018

ICO TOKEN CROWDSALE
30 DAY ICO WITH HARD CAP OF 50,000 ETH.

3
JULY 2018

LIQUIDATE PART OF ICO CAPITAL TO FUND COMPANY LEGAL FEES & FORMATION.
SETUP MONACO LLC AND TRANSFER ICO CAPITAL
COMPANY NAME, ADDRESS AND REGISTRATION NUMBER SHARED WITH TOKEN HOLDERS.
MEST LISTED ON ETHERDELTA EXCHANGE.
APPLICATIONS SUBMITTED TO HITBC, BINNANCE, BITTREX AND OTHER POPULAR EXCHANGES.

4
AUGUST 2018

DEVELOP TOKEN HOLDER PLATFORM AND ETHEREUM SMART CONTRACT FOR DISTRIBUTED PROFIT SHARE.
GRADUALLY LIQUIDATE REMAINING ICO CAPITAL.
DELAYED LIQUIDATION TO FIAT ALLOWS US TO BENEFIT FROM PREDICTED ETHEREUM VALUE INSTEAD.
INCREASED PURCHASING POWER WITH SAME LEVEL OF ETHER.

5
SEPTEMBER 2018

SEARCH & BUY PROPERTIES
PROPERTIES LISTED ON PUBLICLY ACCESSIBLE INVESTOR WEBSITE.

6
END OF OCTOBER 2018

PROPERTY PURCHASES COMPLETE. RECEIVE KEYS.

7
NOVEMBER 2018

BEGIN TENANT SEARCH AND RENTING APARTMENTS.
POTENTIAL TO UTILIZE MONACO LETTING AGENTS TO ENSURE MINIMUM DOWNTIME WITH EMPTY PROPERTIES.

8
DECEMBER 2018

FIRST ETHEREUM PROFIT SHARE PAYOUT TO TOKEN HOLDERS.

Project team

Daniel Golding
Daniel Golding
Founder, CEO
Daniel Golding linkedin
Charlotte Golding
Charlotte Golding
Co-Founder, CFO
Charlotte Golding linkedin
Edin Van den Berg
Edin Van den Berg
Advisor
Edin Van den Berg linkedin
Olivier Laurent
Olivier Laurent
Advisor
Olivier Laurent linkedin

Social media

Monaco Estate web-siteMonaco Estate RedditMonaco EstateYouTubeMonaco Estate TwitterMonaco Estate Facebook

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