Topic: [ANN] [PROPX_ICO][[OFFICIAL]]OWN PROPERTY SHARES [SALE NOW ON] - page 2. (Read 930 times)

ICO now on at $0.3 per token

EXECUTIVE SUMMARY | WHITEPAPER | WEBSITE | FACEBOOK | TWITTER | TELEGRAM | SLACK | OUR TEAM


In the media

1. ProsperiProp wants us to be investors in property
2. Invest using ProsperiProp
3. ProsperiProp appoints Grant Thornton

ProsperiProp in a nutshell?

In one sentence
ProsperiProp is an African fintech initiative that uses cryptocurrencies and blockchain technologies to invent next generation financial products for the global market.

Where we are positioned?
We apply blockchain tech to create next generation financial services.

What we have to offer?
We’ve created a two token business model where investors in the one token creates investment opportunities for buyers of the second token. Cash from the first token sale is used to purchase premium global property assets - assets that one can only buy if you can afford the minimum investment criteria. The second token is then marketed to people that can pay $2 a token - and those tokens own all the wealth. (Read the whitepaper for details)

Ethos
We believe that there is a lot of money to be made by all of us when we make it possible for the lower and middle income earners to access the same wealth creation opportunities available to the super rich.

In general
ProsperiProp SA (Pty) Ltd is a company registered in South Africa. We are run by Llew Morkel, Thembi Kahimbaara and JB Smith. We are part of the AlphaCode FinTech incubator, situated in Sandton, South Africa.

Why you should join?

We believe in sharing the wealth, sharing the spoils and sharing the glory. PROPX’s success will lead the way to many other such blockchain initiatives. We invite you to help us pioneer next generation financial services that live on a blockchain.

The Business Model

There are two tokens:

Token 1: PROPX: This is the investor token. The investor token receives special shares in the company and can earn dividends, it earns free TREE tokens, it also earns profitshare - and will be traded on crypto exchanges (we are in the process of registering with -  and applying for US SEC approval).

Token 2: Code name TREE. : This is the consumer token. This is the token that the average person will buy as an investment.

Putting it all together:
1.   Revenue from PROPX sales are pooled and put out on loan to an SPV (special purpose vehicle, a company specially constituted for the purpose).
2.   The SPV uses the money to buy property assets (shares, interests, etc) in some of the world’s top performing property companies. A professional fund management team makes these placements.
3.   TREE tokens are generated. The total issue is a mathematical equation but comes down to 115% of the total share value. 10% of the TREE tokens are allocated to PROPX owners. 90% are sold in the market at a slight markup to cover the value of the 10%.
4.   Income generated from the sale of TREE tokens repay the loan (described in point 1). The assets in the SPV now belong to the TREE tokens and  as such they own all dividends. Dividends are not paid out but reinvested. TREE tokens own the interest and all the compound interest.
*SPV runnning cost is paid from dividend revenue.
5.   Once the loan has been paid back the PROPX cash pool can be re-applied to buy more assets in the current SPV or start a new SPV.


Our Team




Our advisors
FINTECH: Alpha Code Incubator



Signature, Translation and Social Media Campaign To be Announced !!