Global REIT (GRET/GREM)

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Global REIT (GRET/GREM)

Pre-ICO starts
01.05.2018 00:00
Pre-ICO ends
31.05.2018 00:00
ICO starts
01.06.2018 00:00
ICO ends
30.06.2018 00:00
Token
GRET/GREM
Base
Ethereum
Category
Real Estate
Country
United Arab Emirates
Leader
- -

Features

Global REIT intends to create a global real estate investment portfolio, benefiting from the use of blockchain. Global REIT will begin its investor offering at its home base in Dubai, U.A.E. and then expand worldwide. The company sees cryptocurrency investor,s who want to simultaneously invest in real estate and earn regular dividends and real estate holders, seeking to exit into a liquid market anchored by cryptocurrency, as their key targets for participation on the Global REIT platform.

The ICO of Global REIT will offer Dual Utility tokens to its subscribers: Global REIT Fund Manager Token (GREM) and Global REIT Asset Token (GRET). This means that each subscriber will get shares in the Fund Management Company (GREM) returns and the Asset Owning Company (GRET) returns besides the utility attached with both the tokens.

The token holders of GREM and GRET will get future access to all assets under management of Global REIT. Token holders with minimum 5,000 tokens of GRET or GREM can avail free stays every year in the managed hospitality assets.

Those with minimum 100,000 tokens have an option to sell their real estate assets to Global REIT and enter the liquid market in crypto domain.

ICO Details

Token Sales

Token price in USD: 1 Token = 1.000000 USD

Token distribution:
78% - 1st Asset Contributor
16% - Pre-ICO
6% - ICO

Funds allocation:
100% - Acquisition of the 1st Asset

Token

Type: Security
Token Standard: ERC-20
Dividends: 8% of the investment
Additional Token Emission: No

Bounty campaign

Bounty: 2%
Translation: 8%
Social Media: 50%
Bitcointalk Signature Campaign: 30 %
Other: 13

Accepts

ETH, BTC, USD

Team

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