The "X Real Estate Development" project (XRED) aims to develop a technological and organisational model for the real estate development market based on blockchain technology.
XRED technologies will allow interested parties to enter into projects for the purchase and construction of new real estate projects with high speed and unsurpassed security.
The technological solution of the XRED project allows removal of unnecessary chains of links in real estate transactions, therefore having a significant impact on the final value of transactions.
With the XRED Foundation anyone can invest in the first cryptocurrency fund for real estate and participate in developing UK & Central London Real Estate (initial step). All investors will have their own ICO-wallet and will be able to govern XRED tokens securely and quickly. The XRED Foundation uses the Crowdfunding process to secure the best sites for developing projects thereby creating capital to make a profit for participants.
The beneficiary buys XRED tokens on the open market, thereby, becoming an investor allows you to profit from the fund. The fund or agent XRED (legal entity in the respective country) structures the transaction by purchasing, financing and construction of the project and registering the property rights for this agent. After the construction of the development and its sale, the profit received from the transaction is shared between the participants of the fund.
The beneficiary buys XRED tokens during the pre-sale period and the ICO assuming the price of the tokens will increase, then trades on the open market and any profits can be withdrawn.
|Purchase Price Including Stamp Duties and Costs||£3,750,000|
|GDV/ Sale Price In excess of||£6,000,000|
|Gross Profit||£1,000,000 +|
The ICO will be available to purchase from November 1 to December 15
On the 1st December 2017 at 1800 UTC we will be issuing for sale 39% of XRED Foundation A Class Company Shares. It will be on a first come first served basis. This is your chance to personally own a part of the XRED REAL ESTATE DEVEVELOPMENT & INVESTMENT COMPANY and share larger profits from XRED. The share sale will end at the finish of the ICO on 15th December 2017.
The cap for sales of the shares is 39% Maximum. All share funds will go directly into the XRED fund to buy London Property Developments. Shareholders will vote via the XRED Wallet App to:
A/ Sell the developed property on the open market for profit, to be split equally among Shareholders and Token Holders according to the amount of shares and Tokens they hold.
B/ Rent the property on the open market. All net rental income to be split equally among Shareholders and Token Holders according to the amount of shares and tokens they hold. You have the choice to own property in the London Real Estate market.
NB: We are currently working hard on an XRED App for ease of use and unequalled security.
|1st week ICO||+ 25%|
|2nd week ICO||+ 20%|
|3rd week ICO||+ 15%|
|4th week ICO||+ 10%|
|5th week ICO||+ 5%|
|6th week ICO||+ 0%|
|XRED Foundation support in online discussions||10%|
|Translations to other languages on Bitcointalk||15%|
|For special support||40%|
Sign in with widget to participate, then share the referral link with everyone. When 3 new members are attracted by your link - you will get an email with promo-code. Promo-code will allow you to gain 3 tokens to your wallet. Also you will earn 5% bonus of the amount of purchased tokens by the subscriber.
Sign in with widget to check your progress. Each 3 new members will allow you to get promo-codes. You cannot earn more than 5 000 promo-codes.
ICO (initial coin offering) - the format of cryptocurrencies crowdsale. This is one of the simplest and most effective methods for funding in the form of cryptocurrencies. ICO offers investors the ability to purchase coins that are then converted into the business model itself and will grow in value while developing the project.
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