Squarex
Squarex | |
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Squarex ICO Review | |
Squarex ICO | |
Ticker: | SQEX |
ICO start: | 2018-09-01 00:00:00 |
ICO end: | 2018-10-01 00:00:00 |
Price: | 1 ETH = 1000 SQEX |
Tokens: | 68,730,000 SQEX |
Tokentype: | ERC20 |
Hardcap: | 59,508 ETH |
Softcap: | 16,600 ETH |
Platform: | Ethereum |
Distributed: | 79% |
Accepting: | ETH, BTC, ETC, ZCASH |
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.
Contents
Description
The SquarEx solution assumes the creation of an Ecosystem of circulation of square meters of constructed and fnished buildings with an exceptional architecture, an exceptional ecology, high investment attractiveness and afordable cost.
To enter the ecosystem of SquarEx, architectural projects must undergo a due diligence procedure, which eliminates risky projects. Auditors conducting the procedure are selected by Branch-Curators. In the Final Vision, Branch-Curator can be any holder of tokens who blocked their own tokens and who is interested in the Branch development process.
Afer that, projects can place their tokens during the Initial Square Ofering on the SquarEx Exchange. In the Final Vision Initial Square Ofering is the process of placing square meters of construction projects on the SquarEx Exchange.
Roadmap
“ | 20013-16: R&D PERIOD Feb 2018: MVP ready Spring 2018: PRIVATE ROUND Attracting first funds Registration of legal entities Staffing Summer 2018: RELEASE 0.1 Crowdbuying platform with auction for real estate booking based on smart-contracts and mechanism of real estate listing (ISO). Sep 2018: ICO 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. 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 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. 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. 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.[1] | ” |
Team
name: | title: | links: | group: | photo: | iss: |
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Igor Vasilyev | Founder, CTO | 5.8 | |||
Viacheslav Gnetkovskiy | Fullstack developer | 3 | |||
Vitaliy Sorokin | Blockchain developer | 3 | |||
Timur Evgazhukov | Backend/blockchain developer | 3 | |||
Daniil Aleksandrov | Fullstack developer | 3 | |||
German Novikov | Frontend developer | 3 | |||
Roman Nesterov | Devops | 3 | |||
Kirill Kotilevskiy | Founder, CEO, Developer of business logic | 3 | |||
Boris Sarmatov | Community coordinator | 3 | |||
Sergei Lebedev | Chief Lawyer | 3 | |||
Ihar Heneralau | Head of Business Development US/EU | 3 | |||
Julia Tsyganova | Strategic communcations | 3 | |||
Ryan Plummer | Adviser Director at Ten-X Commercial | Advisors | 3 | ||
Dr Vita Kadile | International Marketing Adviser, United Kingdom | Advisors | 3 | ||
Michael E. Scheinberg | Adviser | Advisors | 3 | ||
Bob Burke | Adviser | Advisors | 3 |
External links
Squarex on Twitter
Squarex on Telegram
Squarex on Facebook
Squarex on Github
Squarex on Youtube
Squarex Official Website
Squarex Whitepaper