Equitybase ICO Review
Equitybase is a new decentralized ecosystem which promises to provide a thorough commercial real estate ecosystem that will include project evaluation, credit valuation, liquidity events, entirely through blockchain technology. Equitybase also provides developers and fund managers to offer asset backed investment opportunity directly to investors worldwide.
FEATURES OF EQUITYBASE
Equity Reserve Equity Reserve will bring an additional liquidity layer to the Equity Exchange Platform by acting as a secondary reserve medium. It will be a reserve pool that will help investors and users to liquidate their holdings. This will ensure a guaranteed buyback on the exchange. Equity Invest Equitybase has developed a tokenized system which will not only be used as a means of payment on the platform but also allow developers a chance to tokenize their projects.
Developers will also be able to update project status, exchange funds, along direct interaction with investors. Investors and users alike will be able to track, sponsors and provide ratings, along with the ability to view payment history, withdraw dividends and gains. Equity Exchange Equity Exchange will allow the use of cryptocurrencies and fiat currency for investors to liquidate or purchase tokenized real estate holdings on the platform.
CHALLENGES AND SOLUTIONS
The issues and solutions that Equitybase promises to provide are : Liquidity of Markets and Barrier of Entry, investment requires a huge amount to start and equity investments has long lock-in duration from 3-10 years. Equitybase will provide flexibility to liquidate assets on any investments. Funding Accessibility is limited , however Equitybase will provide to deveopers, a worldwide access to promote projects and hence raise funds easily.
High management fees in private equity ranges from 2-4% per year. Equitybase will have a No Minimum Investment feature that will allow investors to choose without having to worry about investment restrictions. Equitybase also features a credit rating system where users will be able to track performances and records of developer.
TOKEN AND ICO DETAILS :
Pre-ICO Sale:
Start Date : 2/28/2018
End Date : 3/13/2018
Token : BASE Price of 1 BASE : 0.28 USD
Platform : Ethereum
Accepting : ETH Min investment : 0.001 ETH
Token Supply : 360,000,000 BASE
Hard Cap : $50.4 Million
Token Price : 1 ETH = 3,000 BASE
Minimum Purchase : None
Distributed in ICO : 50%
Tokens for sale : 175,000,000
Type : ERC20
Country : Hong Kong
Whitelist/KYC : KYC & Whitelist
ICO BONUS DETAILS : 40% bonus at Pre-ICO : FEB 28 – MAR 13 30%
bonus at Week 1 : MAR 14 – 20 25%
bonus at Week 2 : MAR 21 – 27 20%
bonus at Week 3 : MAR 28 – APR 3 15%
bonus at Week 4 : APR 4 – 10 10%
bonus at Week 5 : APR 11 – 16 5%
bonus at Week 6 : APR 17 – 23 0% bonus at Week 7 : APR 24 – 30
CONCLUSION
By mid 2018 Equitybase aims to launch a fully functional website which will be the Equitybase Platform. Once the platform is live investors/users can invest in any amount of commercial real estate holdings and receive/release dividends from rent roll along with asset appreciation. While there are numerous real estate management corporation's, Equitybase uses smart contracts offering fair trade. Although all new ICOs promise to offer an open and fair system using blockchain technology and smart contracts, just how many will be successful and stay true to word is still a huge question.
To know more visit:
Website : https://equitybase.co/
ANN : https://bitcointalk.org/index.php?topic=2965628
Telegram: https://twitter.com/equitybaseco/
Published By: karanj
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1838510
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