Monaco Estate Token.
Visit Monaco Estate ICO site
PRE ICO Dates : 01/05/18 – 10/05/18
About Monaco Estate
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.