ICO Project Konkrete (KKT)
Tokensale Start: 16/10/2018
Tokensale Finish: 16/11/2019
Konkrete is a decentralized platform that allows users to invest in real estate. Thanks to the use of Blockchain technology and smart contracts, all user polls conducted on the platform will be transparent and fast. Developers using the platform will be able to raise capital faster.
Business Model Overview Konkrete (KKT)
1. The validity of income
The income of the project will be based on the fee for verifying the identity and updating the registry of shared resources, or when someone wants to transfer their resources to other users. The company will also charge a fee for the introduction of capital for those involved in initial public offerings (IPOs). All fees will be paid using the KKT token.
2. Number of currencies accepted
The project accepts 4 liquid currencies, namely: EUR, ETH, BTC, USD.
3. Token emission
The project has a limited number of tokens. During the ICO, 1 000 000 issued KKT tokens will be available.
4. Discount on the purchase of tokens
The discount on the purchase of tokens is 50%.
In the provided technological map, the goals of the project until 2022 are indicated. After completing the ICO, the project team will allocate funds as follows: 22,5% - “Technological development of the project”, 30% - “Marketing”, 22% - “Operating expenses”, 15,5% - “Legal expenses”, 10% - "Reserve".
6. SOFT CAP / HARD CAP Ratio
The project has an excellent SOFT CAP / HARD CAP ratio, which positively affects its investment attractiveness. The values of SOFT CAP and HARD CAP are $ 3 000 000 and $ 10 000 000 respectively.
7. MVP availability
The project does not have a developed prototype.
8. Risk assessment and insurance
There are no risk assessments by international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of capital loss for investors.
Criteria of accordance to the international standards of business-planning of UNIDO and EBRD