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RED Fund (REDF)

ICO

RED is a token based real estate Development Fund. The funds raised through token sales will be directed in their entirety for the acquisition and development of residential projects for sale across specific cities in specific countries across Latin America.

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Overview

Project industryReal Estate
Product typeService
FoundedMexico
WhitepaperRED Fund White Paper Open

What is RED Fund

ID8 Capital is looking to raise USD 150 million with the purpose of acquiring and developing between 6 to 8 residential projects in highly urbanized areas across Mexico, Peru, Brazil, Colombia and Chile. Expected annual returns to investors are expected at 30%+.

The Opportunity

Investing in Real Estate Development has, until recently, been available more exclusively to a select group of institutional investors given the usual large size of equity required as well as the illiquid nature of the assets.

We believe in its value for any individual and intend to disrupt this pattern through our offerings by providing investors access through an asset-backed, tradable, transparent, liquid, Ethereum-based token, with a clear token buy-back policy.


OUR FIRM

ID8 Capital, founded in 2015, is a private real estate investment platform focused on acquiring and developing residential and mixed-use properties throughout Latin America, seeking opportunities with returns beyond 30% per year.

ID8 Capital’s founders have participated in roughly US$ 4 billion worth of real estate transactions, asset management and development in residential, office, retail and hospitality across the region.

Our partners have, on average 25 years of experience in the real estate, asset management as well as financial industry.

Details

Pre-sales: Jul 01, 2018 - Aug 11, 2018
Public sales: Aug 12, 2018 - Aug 26, 2018
Token supply: 165,000,000
Total tokens for sale: 165,000,000 REDF
Soft cap: 10,000 ETH
Hard cap: 200,000 ETH

Legal

Registration country: Mexico
Registration year: 2015

Token info

Ticker: REDF
Type: Utility-token
Token price in USD: 1 REDF = 0.2749 USD
Token price in ETH: 1 ETH = 1,200 REDF
Accepted currencies: ETH
Bonus program:
presale - 20% bonus
Token distribution:
25% - team
75% - crowdsale
Funds allocation:
100% - acquiring and developing of real estate projects

RED Fund Roadmap

1
( TBD ) Presale

20% Token bonus to all pre-sale investors. Token sale to last 42 days.

2
( TBD + 1 month ) ICO Token Crowd Sale

2 Week ICO with hard cap of 200,000 ETH.

3
( TBD + 2 months ) Token starts trading on exchanges.

Setup of Investment Vehicle (Canadian LP) Liquidate 1/2 ICO to FIAT

Listed on etherdelta, yobit, nebulus & idex cryptocurrency exchanges. Applications for larger exchanges submitted.

Company name and registration number to be shared with all token holders.

Gradually liquidate the remaining ICO capital to fiat.

4
( TBD + 4 months ) Invest Proceeds

Initial investments will be performed during the first 12 months on a strategic and opportunistic basis. Investment memos of all properties to be purchased and developed will be available on the investor platform website.

5
24 to 36 Months after ICO First buy back

As projects complete development & sales, half of proceeds will be used for buybacks while the remaining will be reinvested in new projects.

Project team

Ismael Diakite
Ismael Diakite
Development, Operations & Asset Management
David Daniels
David Daniels
Acquisitions & Investment Strategy
Javier Munoz de Baena
Javier Munoz de Baena
Capital Markets & Business Development
Alejandro Creel
Alejandro Creel
Managing Partner at Alcrecob y Asociados, S.C
Andres Carral Cuevas
Andres Carral Cuevas
Board Member of GMD Resorts SAB
Daniels Saltzberg Koris
Daniels Saltzberg Koris
Senior Partner at Cervantez Sainz
Javier Kutz Clever
Javier Kutz Clever
CEO of Savills Mexico

Advisors

Eugenio Noyola
Eugenio Noyola
Ethereum Developer

Social media

RED Fund web-siteRED Fund RedditRED Fund MediumRED Fund TelegramRED Fund X (Twitter)

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