BlockEstate BEAT
U.S. based real estate fund empowered with blockchain technology
Description
BlockEstate is taking the best elements of a traditional private fund structure and merging them with Blockchain technology. We’re providing investors access to the U.S. real estate market through tokenized shares in the BlockEstate Alpha Fund, and our investors will be rewarded through our innovative “buyback & burn” program.
Investment Regions
BlockEstate is targeting the Carolinas for capital investment, with a specific focus on the following metropolitan areas:
Asheville, NC, Charlotte, NC, Raleigh, NC, Greenville, SC
The team has decades of investment experience and success in this region, and can easily leverage its vast network of contractors, builders, community leaders, banking relationships and government contacts to access and develop promising deals. The team’s unique relationships and status within the community also afford it access to off-market properties not otherwise available to the general public.
Investment Regions
BlockEstate is targeting the Carolinas for capital investment, with a specific focus on the following metropolitan areas:
Asheville, NC, Charlotte, NC, Raleigh, NC, Greenville, SC
The team has decades of investment experience and success in this region, and can easily leverage its vast network of contractors, builders, community leaders, banking relationships and government contacts to access and develop promising deals. The team’s unique relationships and status within the community also afford it access to off-market properties not otherwise available to the general public.
General information
Issuance platform:
The platform implements the technical and legal part of the release of the STO.
Legal
Company name:
BlockEstate, Inc
Asset
Asset class:
A group of securities that exhibits similar characteristics, behaves similarly in the marketplace and is subject to the same laws and regulations. The five main asset classes are equities (stocks), fixed income (bonds), cash equivalents (money market instruments), real estate, funds.
Token rights:
Tokens give their owner the right to implement investment interests. It may be dividends, voting rights, etc.
Token details
Symbol:
BEAT
Blockchain:
Ethereum
Token type:
ERC20 (ST20)
Financial information
Minimum goal:
Minimum goal for total funds raised in an STO.
$5,000,000
Fundraising goal:
Maximum goal for total funds raised in an STO.
$50,000,000
Additional links
Milestones
Q4 2018: PRIVATE SEED ROUND
BlockEstate begins accepting investments from strategic partners and select investors.
Q1 2019: MAIN TOKEN SALE
Token sale opens to all accredited US and international investors.
Q2-Q4 2019: PORTFOLIO DEVELOPMENT
Real estate investment strategy is enacted.
Q4 2019: OPEN EXCHANGE TRADING
Tokens will be authorized for open trading on secondary markets.
Q1 2020: FIRST BUYBACKS INITIATED
Quarterly token buyback and burn model begins.