 | Sosnovkino (SNK)ICO Secured by a land asset, a project of a cottage settlement with a quality infrastructure 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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OpenTechnical details
SNKCoin is a set of smart contracts, built using Ethereum platform and Solidity programming language. Smart contract terms and conditions: • Investor' anonymousness • Dividends distribution • Investments secured by the land asset • Blockchain vote for important managerial decisions SNKCoin also implements EIP20, also known as Standardized Contract API. EIP20 compatibility ensures that integration with exchanges and other services will be no harder than for any other Ethereum-based token.
What is Sosnovkino
- According to founders Investing in Sosnovkino at the stage of ICO will make a profit of 300% with the estimated investment return period is two years - The land asset is not subject to inflation and volatility of the cryptocurrency, therefore it is a reliable investment tool. - Investors have total control at all investment stages over operations of the foundation. - Since December, 2018, after the completion of the construction of the engineering communications, all investors will begin to receive dividends monthly in the selected cryptocurrency on their accounts - After the end of the project and the sale of all land plots, all engineering communications and roads will remain in the foundation ownership. The income from the exploitation of this property will be annually paid to investors as dividends
DetailsPublic sales: Jul 25, 2017 - Aug 25, 2017LegalRegistration country: Russian Federation | Token infoTicker: SNKAccepted currencies: BTC, ETH, LTC Token distribution: Total token supply: 390,000 Crowdsale token supply: 270,000 Developers: 120,000 |
Sosnovkino Roadmap
The collected funds with the aid of the ICO are put on the Sosnovkino Foundation account in the Cayman Islands.
Sosnovkino Foundation provides a loan to the Russian company Sosnovkino LLC which owns the land. Moreover, the Foundation owns 70% of the share capital of Sosnovkino LLC.
In October, 2017 Sosnovkino LLC under the contract transfers the funds for the construction of gas and water pipelines, electric and central sewage systems. The road works contractor starts construction in June, 2018.
After voting in December, 2017, Sosnovkino LLC chooses a real estate agency and enters into a contract for sale with an established price policy.
Funds from the sales are distributed among investors excluding current expenses and remuneration to the project developers. The investors receive income in the selected cryptocurrency.
Project team
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