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Milestones Cryptectum

The Blockchain real estate Company

The business of Cryptectum is relatively straightforward: Cryptectum collects funds through Crowdfounding to buy and rent real estate in Switzerland. The rental income is distributed to investors. Due to low mortgage rates in Switzerland, 50% of the real estate is financed with mortgages. The cryptectum will be established as a stock corporation under Swiss law. The special thing about Cryptectum is the collection of funds through Crowdfunding. The administration of the shares is to be carried out using blockchain technology. In other words, participants purchase tokens. With the help of these tokens, the profits are distributed and sale of the shares is made possible. The token name is «Tectum». The ethereum blockchain is chosen as it allows «smart contracts». The ethereum blockchain is the most common blockchain with smart contracts, so there are many possibilities to set up a «wallet». Even without downloading the complete blockchain, a wallet can be created via Metamask or MyEtherWallet which can accept any altcoin based on Ethereum.

3.4
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Benchy 3.4
KYC
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Unknown
Token
TECTUM
Type
Price
1 TECTUM = 1 USD
Platform
Accepting
ETH
Soft cap
125,000 USD
Hard cap
1,000,000 USD
Country
Whitelist/KYC
None
Visit ICO website
Report
Changelly

Milestones

1
December 2017

Website development completed

2
January 2018

Smart Contract coding completed

3
February 2018

Start of Crowdfunding

4
April 2018

Conversion of Cryptectum to Cryptectum AG
First vote via Smart Contract for a property purchase

5
May 2018

Purchase of the first property

6
June 2018

Accounting on the Web

7
July 2018

Start of monthly profit distribution

8
October 2018

First vote via Smart Contract

9
December 2018

Purchase of the first property

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ICO KYC Report
2 members invited
Eduard Salm
Passed
Jakob Hürlemann
Passed
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