What is BreezeCoin?
Our goal is to combine the blockchain-based cryptocurrency technology with the real estate investments. For this reason, we created a new cryptocurrency, BreezeCoin (BRZC), which is based on the Ethereum platform. The most prominent feature of BreezeCoin, unlike most of the other cryptocurrencies, is that it is tied to physical assets, namely real estate assets. It will become a medium of exchange in projects done by Breeze de Mar (see below) which has more than 15 years of experience in the real estate and construction fields. Moreover, BreezeCoin holders will be able to get monthly interest income payments in Ethereum.
What is Breeze de Mar?
Breeze de Mar has been making real estate investments and projects in the USA. The outline of the current and future projects is explained in detail in the whitepaper. The first project on our schedule, Breeze de Mar Orlando, has already started in Orlando, USA and the details can be found in the following section. In addition, the next step of the project, Breeze de Mar Las Vegas, will be publicized in the Istanbul Real Estate Fair (Istanbul, Turkey) in November 2018, and will be put up for sales in Cannes Real Estate Fair (Cannes, France). Furthermore, two additional projects, Bahamas and Hawaii, are still under project development.
Project Orlando
The project is located in Orlando, Florida USA. With the excellent climate, unique environmental features, the whole world is attracted towards the area. Annually, the city welcomes 68 million tourists and it is becoming more and more eye-catching every day, not just for tourists but also for investors and residents, which in turn results in the emergence of new living spaces. Breeze De Mar allows investors to invest in the real estate resort market with as little as 20\% down payment with affordable interest rate. The Orlando project will operate as a resort hotel starting in the year 2019. The project construction has started in 2017 and will be delivered in May 2019.
Business Model
Our business model mainly consists of two parts. Firstly, the income from the interest payment of the mortgage papers will be distributed to the coin holders. Secondly, people will be able to use BreezeCoin in Breeze de Mar Resorts. The details can be found in the following sections.
Interest payment
In addition to the standard token functions, BreezeCoin is a store of value. The income that Breeze de Mar receives through the interest of mortgage papers will be distributed to the BreezeCoin holders. Just by holding BreezeCoin, the Ethereum address of the coin holder gets guaranteed monthly interest payment with an annual rate of 6.5\% on the last day of every month, starting in 31st of January 2019, in the form of Ethereum. As the sales increase and the next projects are introduced, the total value of the mortgage papers will be increased, therefore the amount of payment will be higher.
Here is an example calculation. Suppose the company has mortgage papers of 50M USD worth , and there is 200M total amount of BreezeCoins. If the annual interest rate is 6.5\%, then this means that there will be 3.250M USD interest payment in total. If you have 5000 BreezeCoins, you will have: 5000 / 200,000,000 x 3,250,000 = 81.25 USD annual interest income. Payments will be done in Ethereum.
Please note that the company already holds mortgage papers amounting ~50 million USD. Implementing BreezeCoin to Resorts
BreezeCoin will be a medium of exchange in all the Breeze de Mar Resort Hotel concepts. You will be able to buy and pay goods within our real estate complexes. Thus, coin holders will be able to use it in the real life.
Initial Coin Offer (ICO) Period
Ethereum (ETH) is accepted as forms of payment for BreezeCoin ICO.
The price for the ICO period is 1 BreezeCoin = 0.85\$ of Ethereum. Ethereum price will be determined as follows: At the time of ICO contract deploy, 24h low and 24h high prices will be retrieved from Bitstamp cryptocurrency exchange website, and these values will be averaged and directly used. There is no minimum payment limit to join into the ICO. Applications to buy BreezeCoin can be made through the official website. You will be required to submit information based on the Know Your Customer (KYC) and the Anti-Money Laundering Regulations (AML) as well as your ERC20 acceptable Ethereum wallet address. Upon the verification of the account, your Ethereum wallet address will be whitelisted and you will be able to send ETH to the ICO smart contract address and in return, the corresponding amount of BreezeCoin will be sent to your wallet address.
The
ICO period will start on 1st of June and continue until 20th of June. The hard cap of the ICO is 30 million BreezeCoin. In case 30 million BreezeCoin is sold before 20th of June, the ICO period will be closed automatically.
Coin Allocation
Created BreezeCoins will be distributed as follows:
75% -> Reserve
15% -> ICO
5% -> Early Investors
5% -> team
Since we are aiming to create a cryptocurrency friendly resort, 150 million BreezeCoin will be kept in the reserve wallet and will be used on points of sales. The system that we are working on allows resort customers to buy BreezeCoin from point of sales. We predict that 1,000,000 BreezeCoin will be used daily, with the expected number of 10000 customers in Breeze de Mar Orlando Project. The amount of BreezeCoin in the reserve wallet will be updated regularly.
Roadmap
Breeze de Mar
2015 - The idea came to exist
2016 - The office in the USA opened
2017 - Breeze de Mar Orlando was publicized for the first time
2017 - The office in Istanbul/Turkey opened
2017 - The construction of the Orlando project started
November 2017 - Orlando project was publicized in Istanbul CNR Expo
November 2018 - Las Vegas project will be publicized in Istanbul CNR Expo
May 2019 - Apartments of the Orlando project will be delivered
March 2019 - Sales of the Las Vegas project will start in Cannes Real Estate Expo
November 2019 - Bahamas project will be publicized in Istanbul CNR Exposition
November 2020 - Hawaii project will be publicized in Istanbul CNR Exposition
BreezeCoinOctober 2017 - The idea came to exist
January 2018 - The team was formed
February 2018 - The project outline was formed
March 2018 - The development of the coin started
March 10, 2018 - The project was publicized
June 1, 2018 - The Initial Coin Offering (ICO) period will startJune 20, 2018 - ICO period will endJuly 1, 2018 - Meetings will start to enter into coin exchange websites
January 31, 2019 - First interest income will be paid to the BreezeCoin holders
September 2019 - BreezeCoin will be a medium of exchange in the Orlando project
December 2019 - Start to work on implementing BreezeCoin payment system in all the hotels in the world
The Company
Breeze de Mar is the brand that belongs to GAOK LLC., and GAOK LLC. is a company in the USA and a member of the Akpinar Group. Our focus is in the real estate. Akpinar Group, which has been serving in the construction sector since 1960, has worked on national and international commercial buildings, office complexes and shopping centers. Akpinar Group has relationships with international real estate funds. For the purpose of creating BreezeCoin, GAOK LLC. established a company named Breeze de Mar Limited UK. All the mortgage papers that GAOK LLC. owned transferred to Breeze de Mar Limited UK.
WebsitesBreezeCoin:
https://www.breezecoin.ioBreezeCoin whitepaper:
https://www.breezecoin.io/whitepaper.pdfAirDrop:
https://breezecoin.typeform.com/to/KULM1nBreeze de Mar:
http://www.breezedemar.us/Akpinar Group:
http://www.akpinarinvest.comGAOK LLC:
http://gaokinvest.com.tr/Social Media
Facebook:
https://www.facebook.com/Breeze-Coin-423127308100882/Twitter:
https://www.twitter.com/breezecoinioInstagram: h
ttps://www.instagram.com/breezecoin.io/Reddit:
https://www.reddit.com/r/BreezeCoin/Telegram:
https://t.me/breezecoinSource Code
GitHub:
https://www.github.com/BreezeDeMarUKEtherScan:
https://etherscan.io/token/0xe12128d653b62f08fbed56bdeb65db729b6691c3