Topic: [ANN][ICO]🔥🔥🔥 BenchCoin: First Blockchain Student Property Enterprise 🔥🔥🔥 - page 2. (Read 2487 times)

@Saidmod...  I don't know if I explained clearly enough our BCT Token is NOT the token to represent the properties being bought and sold on our platform.  It's important to understand our project is NOT technical and we don't need to reinvent the wheel.  Satoshi, Ethereum, Waves.. they did the technical work for us...  Our focus is on large scale use and implementation into our sector.  A custom token, whether it is built on Ethereum, Waves or ANY other blockchain is only as valuable as the BUSINESS behind it.  

Our project consists of two parts; 1. a digital platform, 2. traditional property dedicated to student rentals

Digital Student Property Marketplace platform - developed COMPLETELY on Ethereum. The property tokenisation, crowdsale and P2P marketplace - all 100% on Ethereum.

Premium Student Apartments - assets which are acquired, renovated and rented to University students.  Traditional real estate operation (although utilising Smart Building and IoT tech).

Our token will represent a share in revenue from both sides.  We are "backing" our digital platform with physical property with intrinsic value.  This gives our token dual opportunity for growth.  Both the digital platform and the student properties are scalable.  This means the potential for two very profitable ventures.  Twice the potential.

On the downside, if the platform does not succeed, our token is still represented by physical properties which have intrinsic value and still carry high growth potential. (like you said, what happens if EncryptoTel or any of these other platforms fail? then there is no value...)

Once a year, we take 35% of net distributable profit, deposit that in a WAVES wallet and send WAVES to the wallets according to share.  The token represents a revenue share in the enterprise.  If we choose to exchange this for a ETH dividend token, this can be done in 5 minutes.

Unlike most projects, we are not coming to the blockchain or ICO, the blockchain and ICO's came to us!!!  We are simply using the technology to provide real world solutions to make life easier.

Thanks for the reply and explaining but it won't help. You do also a similar usage of blockchain like encryptotel what happens to encryptotel then ? It is a slow progress if there is a progress. Putting it in a point try to check the ICO that use Waves platform in after is listing it on dex. Honestly it is not a friendly user to compare with ethereum/etherdelta exchange. 
Anyway its my opinion through this kind of ICO based platforms by using it. Many Investors are afraid to be involved in the Waves based platform. I will rather wait until it finally swapped in ETH in the exchanges. Goodluck hoping that by using Waves you will don't encounter any problems and a problem with the community.

Imagine how I felt writing them! LOL.  But first let me just say, we are available to engage so you can ask us directly.  As far as backers we hope to have several large backers but like any project, it depends on how successful we are at getting off the ground floor.

In reply to the abundance of information, your point is well taken and we are aware of the need for short presentation materials.  In our pre-ICO roadmap you can see the plan for professional creative and outreach services prior to the ICO.  This is a main goal of the presale funding (apart from our MVP).

We do appreciate the interest and suggestions and any questions, just ask  .

Do you have outside promotions or investors backed on this ICO?
honestly why don't put all the informations in a single paper.It is too many i want to read it but i check all the white papers that was seriously like a law to read to think that not more than 50 pages or 50 pages is already enough for us to read.

BenchCoin Roadmap to a Successful ICO Launch!

Prior to the official ICO start we will be launching a new website, adding visual content, informative & promo videos and enlisting services of professional listing services ... (i.e. Coinlist, TokenMarket and all the major ICO alert sites!!!)

The early bird gets the worm!

Take advantage of the 50% Bonus... Tokens are LMITED... <1% of the ICO Tokens are eligible for the 50% Bonus!

BenchCoin Limited Token Presale 50% Bonus

There are only 500,000 BCT tokens eligible for the 50% Bonus!

OFFICIAL BCT PRESALE CONTRIBUTION PAGE: http://hfbbenchmarkico.com/Buy-BenchCoin-Token-BCT/


If you have any questions, PM here on BitcoinTalk or contact us directly on Telegram: https://t.me/benchcointoken

Alternatively, send us an email: [email protected]

Thanks for all your support!

Hi, yes you are absolutely correct.  Short answer, simplicity.

Some of the benefits of WAVES are fiat on-ramping, user friendly, easy-to-use wallet gui on chrome app, DEX, etc.  For our platform a lot depends on WAVES DEV of Smart Contracts which is why we mention use of blockSwap by Incent for ERC20 compliant/dual blockchain token.

Because we will use "custom tokens" to represent each individual property listed on our platform, we are very similar to WAVES.  Waves full node makes things very simple- i.e. We would use our token as payment per transaction on our platform (i.e. .001 BCT per trade, or 150-500 BCT to list your property in the crowdsale - equal to less than 1%) and a new "custom property token" would be created for each property being sold on our platform.  These "custom property tokens" would then be listed on our P2P exchange for user trading.  Similar to DEX - a "Stock Market" for custom property tokens.  ***NOTE - However because WAVES is not smart contract friendly yet we do plan on using Ethereum for our digital platform/crowdsale/tokenisation/P2P exchange.***

For us, one of the best parts of blockchain is the simplicity of open ledger.  If for any reason it just makes more sense and we NEED to switch, we will simply create a new ETH token and do a 1:1 swap. 

Hi, I think you've missed my question? I want to know what about that thing. Hope  i will get some clear answers since waves is not good enough to be the base platform.

We couldn't agree more    Our Open Management Business Model will provide FULL TRANSPARENCY - all development costs and revenue information will be Open Knowledge (Open Ledger) through to the Dividend distribution.  Use of Smart Contract tech will create a trustless system.  This is a very important part of our project because this disrupts the current Developer Model be used by Student Pod providers which has very little transparency.  It should also alleviate any concern over OUR TEAM's credibility as our project is highly Turn-Key and our Management also depends on the token for financial gain.

If management takes profit, it is through the BCT Token and so EVERY token holder would receive the same distribution, in proportion to their holdings - a TRUSTLESS MANAGEMENT SYSTEM 

This is a 3D Apartment Rendering from our architect and designer (Architectural Design by Mara Morales | Interior Design by Irene Jiménez).

Our project is fully scalable and use of Smart Building tech can be integrated from a single apartment renovation to a full scale building MVP.  Our first Premium Student Apartment MVP will be developed in Barcelona and rented under our Happy Flats Barcelona brand (site also in Beta showing traction with consistent room rental requests from all over the globe).

Is this the real Accomodation now or its just only a preface for what this ICO was looking to establish?
Why using Waves than Ethereum I think ethereum will help and not waves people would invest in this such thing and after the ICO will be listed in Wavesdex . Just see Zr.coin ,Primalbase and Encryptotel. The problem is Waves and the product after the ICO was very dissapointing. Anyway Goodluck Your projects lokks good but the problem is by using Waves platform check out some ICO with waves and ETH. Almost all of the Ethereum based were successful although Previous ICO's with Waves were successful but see what happened now.

To give real service, you must add something which cannot be bought or measured with money, and that is sincerity and integrity.

Already Joined in slack group. I can't wait for the pre-sale to start its a big bonus. Goodluck!

Join us on our updated

***LIMITED TOKEN PRESALE STARTS IN 1 DAY***

This is just the Core Team.  We will be launching a shiny new website and we will update to a full team profile prior to the ICO  

We are different from other real estate tokenisation platforms in that we are creating a Marketplace, which is highly scalable and the need for blockchain tokenisation in the student accommodation investment market outweighs the need for digitisation in retail or commercial real estate.  Student investments cannot be mortgaged like traditional property so the impact Blocchain impact should be much greater.

Plus our growth potential is much higher.  We are acquiring assets in the top emerging asset class in very high demand markets which have intrinsic value.  Because student rental income is consistent, we can obtain favourable ratios to leverage the assets for exponential growth.

This means the token has dual value opportunity from both sides; the platform and the property.

Hi, just note token supply is FIXED and the full 80% of the tokens will be distributed.  "At the end of the ICO, any unsold tokens will be divided proportionately according to the contribution of each participant and the pool of unsold tokens will be distributed and added to the individual wallets."  This will ensure a fair distribution and protects contributors from dilution.

Supply is fixed... the revenue potential is unlimited  

this project has i high price. looking forward for this project. i hope it will be success.

It seems a big company to launch , is there only 3 members of the panel ? although it seems the description by them is trusted but we won't believe until they have a picture on it for us to see if its a legit or just a comics made   It looks like a big ICO something to have a trust and im just wanting to know the legitimation first. also what about like Atlant ? can you differentiate the advantage of this over on it ?

This is an excellent question and we will also address this in an upcoming Medium article but I will try to give some of the short points (but it won't be a short explanation!).  Much of our project is similar with similar benefits i.e. tokenisation, cross border investment, less paper work, trustless system, etc.

Some Differences Between BenchCoin and other Real Estate Tokens;

1. Focused Niche Market - Student Pods and Property.  The benefits to this market are much greater than traditional real estate.  First you have to understand the student property market.  It is the #1 asset class producer and the top emerging asset class market.  It's non-correlated, which means consistent returns regardless of economic conditions. That said, it is limited to the wealthy.  Student pods cannot be mortgaged.  This means you have to have the €50K-€150K per investment in cash.  They are guaranteed long term investments, but this is a major pitfall as many people get "stuck" because they cannot liquidate or get a short term loan on a pod (it is like trying to get a loan on a hotel room).  They can ONLY sell to other investors which is difficult because of the high capital requirements.  What if there was a way to break up that property into small units and sell it to many investors... let's say many units of €1 each? Now anyone can buy (good for them) and the owner can sell (good for them too).  Even leasing options.

2. Dual Opportunity - BCT will be payment for our digital platform, but also backed by physical assets.  We will use funding to develop a Digital Student Property Marketplace.  Student Property Crowdsale Auction | Real Estate Tokenisation | Decentralised P2P Property Token Exchange (similar to a "stock market" for custom property tokens).  Upon gaining traction we will expand into retail property and commercial real estate.  However, funds from our token will be used to develop premium student apartments in Smart Buildings utilising IoT technology.  These will be efficient, high standard apartments in emerging markets with very high student demand.  This means consistent returns regardless of the economy.  In Barcelona for example, there are over 250,000 students and 20,000 university supplied rooms.  #1 complaint (and only complaint) is the housing. You can see our Barcelona Student Insight Report for details.

3. High Growth Potential - Maybe the highest growth potential of any of the real estate coins.  Most (if not all) the coins focus on tokenising other peoples properties for sale.  Our platform will do this as well.  However, because we will use the majority of the funds to acquire physical assets, we can implement a Smart Asset Leverage strategy.  Through asset collateral financing, the assets can be leveraged on a high 50:1 ratio.  We can obtain €20M in financing for every €400K of asset value.  Why? Because they own the property until it is paid off over a 10 year period.  With the consistency of student rental occupation rates, this loan can be paid back in a 3-5 year period (without dividend) and 5-7 year period (with dividend).  As the asset loans are paid down, new financing can be obtained.  This strategy can provide returns of 40:1 over a 5-7 year period and by repeating the strategy within the same cycle, even much higher profitability is possible.

I have not seen any other real estate project with a plan to achieve number 3.  Our token will pay dividend on all forms of revenue.  Fees from the platform and rental income from the students and all future enterprises and acquisitions.  There are some other differences but it takes a white paper or two to really dig deep.