Property network to Property Owners, Property Managers, Estate Agents and Customers. OpenBrix ICO rating – not rated.
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PRE ICO Dates : 08/07/18 – 31/08/18
About OpenBrix ICO (token sale)
OpenBrix is the first decentralised (horizontal) and distributed digital property portal in Europe, Middle East, Africa (EMEA) and Asia; that will allow Property Owners, Property Managers, Home Buyers, Landlords and Renters to openly connect, communicate and transact freely on a single network without the need for intermediation or middle men.
The network will employ its own unique digital utility token known as a ‘BRIX’ token, which will be used to validate the communications and transactions between all parties within the network (blockchain).
Using cryptographic signatures, the application will be able to decentralise file locations and record transactions across multiple computers (nodes) to ensure data and transactional records within the blockchain cannot be altered retroactively, using an append only protocol.
OpenBrix will focus primarily on creating a simple but very effective open, transparent, frictionless network. By focusing on creating a simple open network, OpenBrix will remove the complexities involved in the ‘behind the scene’ operations of property related transactions, leading to a simple user-friendly experience.
This simplicity will drive adoption, foster innovation and provide the platform to scale up OpenBrix, to truly empower all members of the OpenBrix network.
At OpenBrix we fully embrace the technological and societal revolution that blockchain provides to empower our community and network. In doing so OpenBrix will be greatly adding value not only to the members of our network, but also to society as a whole.
Our OpenBrix network:
- Will provide a platform to greatly reduce, if not eradicate ‘slum landlords.’ Our smart contracts will highlight and make visible those landlords who do not respond to needs of their tenants in timely manner.
- Will allow community to self-regulate and incentivise good behaviour.
- Will allow landlords to view the actions and responses of their property managers.
- Will highlight properties that do not meet minimum standards and requirements, or have been let out without appropriate certification, and putting tenant’s health and safety at risk.
- Will allow landlords to make fact-based decisions and not ‘blacklist’ a section of society, as that group is deemed high risk. With a secure trusted ledger, every person can be treated based on their personal history and actions rather than the social group they belong to.
OpenBrix will offer up to 25%, (125 million) BRIX tokens of the company’s total circulation supply – 500 million tokens The cost to purchase BRIX will be:
- 1 BRIX = 0.001ETH / 1 ETH = 1000 BRIX
- For fiat comparison each OpenBrix token will cost approx. $0.60 ($USD is simply used as an example for global clients)
- Participants will be able to purchase the tokens with Ether, BTC & EUR and store them via their private wallet such as MyEtherWallet address. Token sent from exchange such as coinbase, Binance etc. WILL NOT be accepted. Customers may lose their purchase, if they initiate the transfer from an exchange wallet.
- Token will be released onto our private partner Exchange FYDO immediately after the end of the ITO.
- Participants in Pre-ITO will be eligible for bonus based on the phase of ITO they are in. (See ITO section).
- Early contributors of OpenBrix Tokens will receive additional bonus’ (see ITO section of our website www.openbrix.io).
- The token launch will take place with target funding and hard cap of $25,000,000 USD.