Revolutionizing UK Affordable Housing with solid revenue generation. BRIKCOIN ICO rating – not rated.
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Active ICO : 01/06/19 – 31/08/19
About BRIKCOIN ICO (token sale)
BRIKCOIN ICO is THE property blockchain allowing everyone around the World to benefit in a way never seen before. BRIKCOIN ICO will give millions of people access to the property market, offering instant market liquidity to an otherwise illiquid asset class. BRIKCOIN ICO builds 100% genuinely affordable homes, creates sustainable communities and improves people’s lives. BRIKCOIN ICO – EVERYBODY WINS
BRIKCOIN ICO has developed a unique financial model to answer the huge deficit in the affordable housing availability in the UK while solving the lack of liquidity for investments into private developments.
According to research undertaken by housing charity – Shelter, 3 million new affordable homes need to be built in the UK by 2040. Currently, just 6,000 homes are being built every year.
Deploying blockchain technology, BRIKCOIN aims to build, acquire or redevelop property in an aim to create 100% affordable housing properties.
BRIKCOIN’s unique model is, according to James Hare, why BRIKCOIN will succeed in providing affordable housing while keeping the community and investors involved in the long run.
He explained: “Firstly, BRIKCOIN retains ownership of each of its properties, which backs, supports and increases the BRIKCOIN token value. Secondly, BRIKCOIN in selling the long lease guarantee from the Local Authority to the pension funds will typically benefit from a competitive 20% profit. Finally, BRIKCOIN also generates revenues from property development management fees and facilities management fees.”
BRIKCOIN will issue 1 billion BRIKCOIN ICO tokens sold on their user-friendly platform accepting FIAT currencies as well as cryptocurrencies. Following a successfully completed private sale of 10% of this amount, (over £300,000 raised before Q1 2019) the presale and crowd sale will distribute a further 50% of the BRIKCOIN ICO total, with 20% and 5% set for community rewards and philanthropy respectively. From August 30th onwards, BRIK will circulate on crypto exchanges as an ‘ERC-20’ token backed by the Ethereum blockchain.
The funds raised during the token sale will be invested in building affordable homes across the UK. The properties will then be handed over on a 50-year lease to the local council with an agreement in place that ensures that the rents will remain below pre-defined affordable rents.
Buyers of BRIKCOIN ICO gain exposure to its value proposition, which is driven by the successful and sustainable delivery coupled with the efficient management of 100% affordable housing in the United Kingdom, benefitting from the upside that this will give to token holders.
- BRIKCOIN ICO is a transactional token, which will be traded on several global Crypto Exchanges offering 365 24/7 liquidity
- BRIKCOIN retains ownership of each of its’ properties, which backs, supports and increases the BRIKCOIN token value.
- BRIKCOIN in selling the long lease guarantee from the Local Authority to the pensions funds, will typically benefit from a competitive 20% profit.
- BRIKCOIN also generates revenues from property development management fees and facilities management fees.
- It is anticipated that once BRIKCOIN ICO is successful in its United Kingdom affordable housing initiative, we will expand our reach into other countries (of which there are many) facing similar economic / housing crises, that are not being addressed by Government and which require BRIKCOIN’s investment and development solution.
- Expansion and scaling of affordable housing projects, which will be listed on Exchanges after PICTURE TITLE BRIKCOIN’s launch in 2019, gives token buyers greater choice and geographic diversity in their given exposure.
- BRIKCOIN, in working with government departments, agencies and public bodies, will identify key sector specific housing requirements and enter into public-private partnerships (‘PPP’) with a clear focus on the right delivery. This will not only benefit those workers desperately in need of suitable housing, it will add significant value to BRIKCOIN.