Monaco Estate is a cryptocurrency real estate investment fund focusing on high end apartment rentals in Monaco and utilizing blockchain smart contracts to allow token holders to receive a monthly profit share via Ethereum payments. Rental payments for all properties owned by Monaco Estate will accept BTC/ETH/EUR. Making Monaco Estate the only real estate rental service in Monaco accepting cryptocurrency.
Monthly Ethereum payouts for token holders storing their token in Ethereum wallets.
We love investments that produce income. That’s why at the start of each month we share 60% of previous months profits with our token holders! Utilizing Ethereum smart contract technology the profit share will be equally distributed between token holders.
40% of the profits will be put into the reserve fund and reinvested to grow portfolio. Rental income increases year on year, plus the reinvested 40% of the companies profits we ensure we are constantly growing your monthly Ethereum payouts. As the payouts increase in value so will the token.
GUARANTEED BUY BACK
5% of the company reserve fund will be used to actively buy back tokens on exchanges should any investor wish to sell their tokens. Tokens purchased by the company will be burned, thus increasing the monthly dividends for all remaining token holders. Over the long term this ensures higher demand of tokens due to reduced circulation and increased dividends.
TRANSPARENCY
Properties will be purchased and held by a newly founded Monaco company with the team as registered directors. A Monaco company is required by law to file publicly available annual accounts that can be freely downloaded by all investors.
Quarterly investor reports will also be available detailing income/expenditure and operating updates.
Transparent accounting ensures investors are fully informed on their investment finances.
Smart contract will be added to GitHub in the coming week for added investor security and transparency.
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Entrepreneur | CEO | ICO Advisor | Cryptocurrency Evangelist | Global Speaker | Blockchain Influencer Rated on May 3, 2018
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Great idea. I can definitely see a market for tokenisation out in Monaco which gives the uber rich exposure to crypto. I would beef out the team though.
Monaco EstateICO team member replied on 3 May 2018
We would like to confirm that it is not necessary to have a large team for a simple real estate project, as discussed in our Youtube video https://www.youtube.com/watch?v=JTwQXlG2Sts
Our focus is on investor returns so a larger team would take away from this which is not our goal. It would also offer unnecessary positions within the team as real estate has a very simple structure and does not require technology development as with a lot of other ICO's.
We are aware that there is the common misconception that ICO's require large team of multiple advisers to be successful. We feel it's more important to be transparent and honest in our ICO, as opposed to dilute our investor returns with unnecessary team members just to play into the illusion of inexperienced investors that a large team is important.
We invite you to revisit your review when you have researched our ICO fully.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
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TOKEN PRESALE
10% TOKEN BONUS TO ALL PRESALE INVESTORS.
TOKEN SALE TO LAST 15 DAYS OR UNTIL PRESALE LIMIT OF 3,000 ETH REACHED.
2
JUNE 2018
ICO TOKEN CROWDSALE
30 DAY ICO WITH HARD CAP OF 50,000 ETH.
3
JULY 2018
LIQUIDATE PART OF ICO CAPITAL TO FUND COMPANY LEGAL FEES & FORMATION.
SETUP MONACO LLC AND TRANSFER ICO CAPITAL
COMPANY NAME, ADDRESS AND REGISTRATION NUMBER SHARED WITH TOKEN HOLDERS.
MEST LISTED ON ETHERDELTA EXCHANGE.
APPLICATIONS SUBMITTED TO HITBC, BINNANCE, BITTREX AND OTHER POPULAR EXCHANGES.
4
AUGUST 2018
DEVELOP TOKEN HOLDER PLATFORM AND ETHEREUM SMART CONTRACT FOR DISTRIBUTED PROFIT SHARE.
GRADUALLY LIQUIDATE REMAINING ICO CAPITAL.
DELAYED LIQUIDATION TO FIAT ALLOWS US TO BENEFIT FROM PREDICTED ETHEREUM VALUE INSTEAD.
INCREASED PURCHASING POWER WITH SAME LEVEL OF ETHER.
