|Monaco Estate Token.||
Monaco Estate is a cryptocurrency real estate investment fund focusing on high end apartment rentals in Monaco.
|Price||1 MEST = 0.0008 ETH|
|Minimum investment||0.2 ETH|
|Distributed in ICO||73,4%|
|Soft cap||2,000 ETH|
|Hard cap||50,000 ETH|
|Tokens for sale||73400000|
|preICO start||preICO end||ICO start||ICO end|
|2018-05-01 00:00:00||2018-05-30 00:00:00||2018-06-01 00:00:00||2018-06-30 00:00:00|
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.
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.
Edin Van den Berg
- MAY 2018
10% TOKEN BONUS TO ALL PRESALE INVESTORS.
TOKEN SALE TO LAST 15 DAYS OR UNTIL PRESALE LIMIT OF 3,000 ETH REACHED.
- JUNE 2018
ICO TOKEN CROWDSALE
30 DAY ICO WITH HARD CAP OF 50,000 ETH.
- 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.
- 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.
- SEPTEMBER 2018
SEARCH & BUY PROPERTIES
PROPERTIES LISTED ON PUBLICLY ACCESSIBLE INVESTOR WEBSITE.
- END OF OCTOBER 2018
PROPERTY PURCHASES COMPLETE. RECEIVE KEYS.
- NOVEMBER 2018
BEGIN TENANT SEARCH AND RENTING APARTMENTS.
POTENTIAL TO UTILIZE MONACO LETTING AGENTS TO ENSURE MINIMUM DOWNTIME WITH EMPTY PROPERTIES.
- DECEMBER 2018
FIRST ETHEREUM PROFIT SHARE PAYOUT TO TOKEN HOLDERS.
Benchy - ICO Analyzer Bot