Brickblock is a blockchain-based project that allows the participants within the ecosystem to sell/invest real-world tokenised assets. Sellers are able to offer real-estate and investment funds to investors. On the other end, Investors purchase asset-backed tokens named Proof-of-Asset token with cryptocurrencies.
Brickblock issued the BBT Ethereum-based ERC20 token, which will be distributed to the contributors of the fundraiser. The BBT tokens are needed to generate new access tokens. The access tokens (ACT) are the fees required to keep the Proof-of-Asset operating and alive.
Brickblock is a new blockchain-based solution for investing in exchange-traded funds (ETFs), real estate funds (REFs), passive coin-traded funds (CTFs) and active coin managed funds (CMFs). Through the use of smart contracts, order and issuing fees can be reduced to a fraction of traditional costs and artificial geographical trading restrictions can be eliminated. Furthermore, Brickblock will be introducing a new system of passively managed cryptocurrency baskets, which reduces the risks and high fees of actively managed coin funds by using liquidity providers, incentivized by arbitrage effects. Brickblock system is based on an underlying rule-based asset allocation rather than high-risk contracts for difference (CFDs). It uses the asset-first principle, which incentivizes asset vendors to deliver assets before getting paid.
Brickblock will be holding its ICO on August 2, 2017.
Token Reserve Split (49%):
Token Price and Phases:
Intend use of Revenue:
|Fund Raised (BTC)||Presale: 1525.857 ETH; 83.603 BTC; 163.981 LTC;|
|Fund Raised (USD)||4562850.16|
|Start Price (USD)||0.00125|
|Security Audit Company||N/A|
|ICO Legal Form||N/A|