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What is brickblock? Brickblock introduces the first platform where users can seamlessly invest in real estate funds (REFs), exchange-t...

BRICKBLOCK Revolution Of Asset Tokenization Promising ICO from a Promising Team


What is brickblock?
Brickblock introduces the first platform where users can seamlessly invest in real estate funds (REFs), exchange-traded funds (ETFs), passive coin-traded funds (CTF) and active coin managed funds (CMFs) through a streamlined process and with significantly lower costs than traditional investing. Each fund on the Brickblock platform has its own denomination and its own "proof-of-asset" (PoA) token which, via established token exchange platforms, can be traded simpler, faster and cheaper than on conventional stock markets. Our asset-backed PoA tokens empower investors to hedge the risk of cryptocurrencies in real assets without needing to convert their cryptocurrency into a fiat currency. All dividends and coupons are automatically transferred to token-holders through self-executing smart contracts on the Ethereum network. The content of the smart contract and the PoA token itself is unalterable, cryptographically secured and visible to everyone on the blockchain. To ensure the safety of the underlying assets represented by the PoA token, a digital trust fund holds the exact same amount of fund shares as tokens issued. This securities account cannot be claimed by Brickblock, the broker or anyone else, and is protected by strict laws regarding trust funds, even in the case of bankruptcy. Only token holders may reclaim their fund shares, at any time.
Brickblock is building 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 effective use of smart contracts, order and issuing fees can be reduced to a fraction of traditional costs. This will make investing in Brickblock more financially inclusive across all income classes. Artificial geographical trading restrictions, including the need for a bank account, can thus be eliminated. Counterparty risk can be reduced to mere minutes. Furthermore, we are 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. Our 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, thus further reducing investor risk.Invest your cryptocurrency into real-world assets: Brickblock is a smart contract platform that allows you to sell and invest in tokenized assets (e.g. real estate) on the blockchain.

Brought into existence by co founders Jakob Drzagza and Martin Mischke, Brickblock is a new blockchain technology which has come up with solutions to many issues faced by investors. Some of the problems which are being taken care of include investments in exchange-traded funds, real estate funds, passive coin-traded funds and active coin managed funds. The platform uses smart contracts which make it more financially exclusive. These contracts help the company in reducing ordering and issuing of fees as low as that of traditional costs. Brickblock has been successful in eliminating the need to have a bank account, counter party risks and other trading restrictions.

Unlike other ICOs, Brickblock ICO has 3 types of tokens called Brickblock tokens (BBK), Access tokens (ACT) and Proof of Asset tokens (PoA) which makes the platform more efficient and reliable. BBK token can only be bought in the token sale and can be activated or deactivated on the platform. The activated tokens automatically generate ACT. ACT can be sold for ETH. On the other hand the deactivated tokens can be used for trading purposes. BBK token will be the part of trading list on the platform soon. The funds on this platform will have denominations and a PoA token of its own. PoA tokens help investors to prevent the risks involved in investing crypto into real estate or converting it into fiat currency.

Company is focused on making Cryptocurrency more than just a store of value. To bring Cryptocurrency into mainstream just like traditional currency, Cryptocurrencies need to enter the market as a medium of exchange and a unit of account. Brickblock is making an effort to do so by solving some major problems which include crypto-volatility.
The company is enabling the direct purchase of real-world assets with Ethereum. Commissions and fees on Trading and other sectors is the most pinching thing while buying or selling real world assets and hiring retail brokers means giving away lots of money. Brickblock platform brought a solution to this problem by eliminating the middle man and implementing smart wallets. A discount up to 50-fold is offered but can even go to 150-folds depending on the country the trade is occurring in.

The company has recently launched its Airdrop which is a revolution in itself. You can sign up using this LINK and receive free tokens as their promotional offer. Brickblock users have power to track performance of each and every movement in their account with the help of an integrated API and can also cross check the parent smart contract by verifying their affiliated smart contracts. Company also offers its users dividend payouts regularly. With an advanced infrastructure and legal framework, fraudulence and interface of third parties are completely avoided. High liquidity is ensured by the platform and smart contracts driven by fund managers are automatically included into the App. With such unique features and advancements, Brickblock certainly offers something more than just an ICO. With a Moto of bringing up Cryptocurrency to the level of traditional one, this platform is worth investing with. Good Luck Team Brickblock!
Tokens Details:
The Brickblock contract itself implements an ERC20-compatible token, which will be distributed to the contributors of our fundraiser. In addition to being tradeable, these tokens are needed to generate new access tokens. Brickblock tokens (BBK) are only sold during the ICO. BBK can be activated or deactivated on Brickblock. Activated tokens automatically generate Access tokens (ACT), which can be sold for Ether. Deactivated tokens can be traded on exchanges. Participate in the ICO to receive Brickblock tokens (BBK). They can be traded or activated. When activated, BBK holders profit from every transaction.
Hard cap: $50 million USD
Max potential supply: 320,000,000
Tokens for sale: 75,500,000
Token price: $0.60 USD
Technical specifications: ERC20 token
Decimals: 18
Token sale date: May 9th
Token sale time: 13:00 UTC
Sale duration: 7 days (or once hard cap is reached)

Author : $crypto$
ETH : 0xC6F915eDAf2656742D8E692FB45E88734B3dbbbb

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