Velocity Ledger (VL)ICO Velocity Ledger (VL) is a blockchain enabled platform which will allow for initial issuance, secondary trading and trade matching for illiquid real estate securities, joint venture interests and individual properties. VL is a set of comprehensive solutions designed to streamline the investment cycle for select real estate asset classes, creating liquidity, real-time market pricing, cost savings, and transparency. 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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What is Velocity Ledger
Velocity Ledger’s comprehensive user-friendly, web-based ecosystem driven by blockchain technology will provide new issuance, secondary trading and shareholder services for targeted illiquid real estate securities and assets:
VL provides a first-of-its-kind solution to real estate illiquidity by combining Fundamental Interaction’s proprietary trading and settlement technology with blockchain protocol. Sponsors, investors, and advisors can access a simple web interface which links to a sophisticated multi-dealer electronic trading infrastructure where customer orders are matched on a central limit order book (“CLOB”).
The platform will “tokenize” (put on the blockchain) each security/asset, facilitating ease of future ownership and investment by creating liquidity and pricing transparency for peer-to-peer transfers. VL’s capabilities aim to fundamentally alter initial and secondary markets, and seek to reshape the historically dislocated network of real estate sponsors, inter-dealer brokers and registered investment advisors into a dynamic competitively traded marketplace with reduced frictional costs and market-based pricing.
A major problem with the existing real estate ecosystem is that there is no scalable, cost-effective process for marketing the new issuance of securities like Non-Traded REITs and Delaware Statutory Trusts, or properties held by institutions in Joint Venture and as standalone investments – nor is there a transparent, real-time, market-based, secondary trading system for these same securities/assets.
Velocity Ledger’s underlying trading and settlement platform has already been deployed across multiple asset classes. VL enhances this platform with blockchain recordkeeping to address current market weaknesses for illiquid securities in a first-of-its-kind market utilitin a first-of-its-kind market utility.
Real estate is a well suited industry for deploying VL’s disruptive blockchain technology. The sector is global in scope, represents trillions of dollars in value, and has historically trailed other asset classes in terms of modernization and utilization of the best available technologies. Inevitably, technology, regulation and pricing drive economic incentives in such a way that they become a catalyst for change. The industry would benefit from increased transparency and marketbased pricing to the broadest range of participants, including: issuers, investors, Registered Investment Advisors, market makers, and Independent BrokerDealers – the core value proposition of Velocity Ledger.
In short, blockchain and smart contracts deployed through the VL platform combine to establish an investment and trading infrastructure unlike any other – a technological advancement that creates a new market structure paradigm that facilitates price discovery and transactional efficiencies.
DetailsPre-sales: Nov 15, 2018 - Apr 15, 2019Public sales: Apr 15, 2019 - Jul 15, 2019 Token supply: 100,000,000 VL Soft cap: 500 USD LegalBlockchain Platform: EthereumOffice address: 147 West 26th Street 3rd Floor New York, NY 10001 Clarendon House, 2 Church Street Hamilton HM 11 Bermuda | Token infoTicker: VLType: Utility-token Token standard: ERC-20 Token price in USD: 1 BMD = 1 VL TOKEN Accepted currencies: ETH, BMD Bonus program: ROUND 1 +40% < 3.5 million VL Tokens sold ROUND 2 +30% < 5 million VL Tokens sold ROUND 3 +20% < 10 million VL Tokens sold ROUND 4 +10% 15 million VL Tokens sold Token distribution: 60% - Token Sales 10% - Employee 10% - Advisory Board & Partners 20% - Token Reserve Funds allocation: 20% - Technology Development 20% - Marketing & Advertising 10% - Sales Business 10% - Industry 20% - Admin & General 20% - Regulatory & Legal |
Velocity Ledger Roadmap
Industry launch of VL Token