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Milestones Squarex

Blockchain evolution of real estate development

SQUAREX is developing a platform to enable buyers and investors buy safe and liquid real estate at early stages of construction without real estate developer’s and agency’s added costs, control construction funding via oracles at decentralized crowdbuilding program based on smart-contracts that is ran by user community.

2.9
4 3 expert ratings
Benchy 2.7
KYC
Experts
3.4
3.3
2.6
Review: coming soon PRO
Ended
Token
SQEX
Type
Price in preICO
1 ETH = 1500 SQEX
Price in ICO
0.2308 USD
Country
Whitelist/KYC
Whitelist
preICO start
15th Jul 2018
preICO end
1st Aug 2018
ICO start
1st Sep 2018
ICO end
1st Oct 2018
Visit ICO website
Report
Changelly

Milestones

1
20013-16

R&D PERIOD

2
Feb 2018

MVP ready

3
Spring 2018

PRIVATE ROUND Attracting first funds Registration of legal entities Staffing

4
Summer 2018

RELEASE 0.1
Crowdbuying platform with auction for real estate booking based on smart-contracts and mechanism of real estate listing (ISO).

5
Sep 2018

ICO

6
Fall 2018

RELEASE 1.0
Implementation of local branch-curators to the platform.
ISO-tokens (real estate tokens) function as a discount sertificate and cannot be directly converted into real estate ownership.
Rewarding participants of booking auction with SQEX tokens after auction is finished.

7
Winter 2019

RELEASE 2.0
Launch of DAO logic within the platform.
Extending the functionality of the SQEX token that incudes mandatory use of SQEX tokens to purchase at least 30% of the real estate tokens during initital offering (ISO).
Local SQUAREX branches are paid for listing of real estate projects on SQUAREX with SQEX tokens

8
Summer 2019

RELEASE 3.0
Construiction participants (builders, architechts, etc.) can lock their SQEX tokens as a safety deposit. In case their work was not accepted by local branch-curators, they can be penalized for amount of tokens they locked.
Implementation of SQUAREX super-curators to the platform who are elected from SQEX token holders.
ISO Tokens become tokenized square meters of real estate convertible into ownership right.
Realease of smart-contract for cunstruction funding control.
Built-in trading platform to exchange ISO and SQEX tokens. Extra liquidity for real estate tokens.

9
Winter 2020

RELEASE 4.0
Going fully decentralized. Release of a decentralized crowdbuilding platform. Real estate development within SQUAREX platform is now controlled by community.
Mandatory use of SQEX tokens to purchase is now at least 50% of the real estate tokens during initital offering (ISO).
SQEX token holders can now become auditors, who conduct due-dilligence of real estate development projects listed to local branches.
ISO – token holders can become Project Curators, who control funding of the construction.
Implementation contractors’ bidding. That should be held before listing real estate development project to the platform in order to determine it’s price.

10
Winter 2021

RELEASE 5.0 SQUAREX Final Vision
Release of smart- peer-to-peer mortgage of tokenized square meter’s on SQUAREX platform.
ISO tokens can only be purchased for SQEX tokens during initital offering.

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