 | Squarex (SQEX)ICO Squarex is an ecosystem for launching smart contracts in real estate development and sale. 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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OpenWhat is Squarex
Squarex Ecosystem is a decentralized smart contract crowdbuilding platform, with decentralized real estate title and transaction registry and decentralized square exchange of real estate tokens, automatic vehicles of initial Square offering (ISO).
DetailsPre-sales: Mar 01, 2018 - Mar 15, 2018Public sales: Apr 15, 2018 - Mar 30, 2018 Pre-sale token supply: 15000000 Token supply: 500000000 Hard cap: 74,136,600 USD(fiat) BountyBounty: 1% | Token infoTicker: SQEXType: Security Token standard: ERC-20 Dividends: No dividends. Token price in USD: 1 SQEX = 0.53419 USD Token price in ETH: 1 Token = 0.001000 ETH Accepted currencies: ETH Token distribution: 39% - Crowd Sale 1% - Bounty, marketing, advisers 20% - SQUAREX Team 40% - SQUAREX GLOBAL FUND (all tokens are blocked and get unblocked 10% a year commencing with 2019) |
Squarex Roadmap
R&D PERIOD
MVP ready
PRIVATE ROUND Attracting first funds Registration of legal entities Staffing
RELEASE 0.1
Crowdbuying platform with auction for real estate booking based on smart-contracts and mechanism of real estate listing (ISO).
ICO
RELEASE 1.0
Implementation of local branch-curators to the platform.
ISO-tokens (real estate tokens) function as a discount sertificate and cannot be directly converted into real estate ownership.
Rewarding participants of booking auction with SQEX tokens after auction is finished.
RELEASE 2.0
Launch of DAO logic within the platform.
Extending the functionality of the SQEX token that incudes mandatory use of SQEX tokens to purchase at least 30% of the real estate tokens during initital offering (ISO).
Local SQUAREX branches are paid for listing of real estate projects on SQUAREX with SQEX tokens
RELEASE 3.0
Construiction participants (builders, architechts, etc.) can lock their SQEX tokens as a safety deposit. In case their work was not accepted by local branch-curators, they can be penalized for amount of tokens they locked.
Implementation of SQUAREX super-curators to the platform who are elected from SQEX token holders.
ISO Tokens become tokenized square meters of real estate convertible into ownership right.
Realease of smart-contract for cunstruction funding control.
Built-in trading platform to exchange ISO and SQEX tokens. Extra liquidity for real estate tokens.
RELEASE 4.0
Going fully decentralized. Release of a decentralized crowdbuilding platform. Real estate development within SQUAREX platform is now controlled by community.
Mandatory use of SQEX tokens to purchase is now at least 50% of the real estate tokens during initital offering (ISO).
SQEX token holders can now become auditors, who conduct due-dilligence of real estate development projects listed to local branches.
ISO token holders can become Project Curators, who control funding of the construction.
Implementation contractors bidding. That should be held before listing real estate development project to the platform in order to determine its price.
RELEASE 5.0 SQUAREX Final Vision
Release of smart- peer-to-peer mortgage of tokenized square meters on SQUAREX platform.
ISO tokens can only be purchased for SQEX tokens during initital offering.
Project team
Advisors
Social media
