Topic: [ANN][ICO] Orinoco D.F. - Investments in Venezuelan real estate - page 2. (Read 477 times)
August 09, 2018, 10:58:28 AM
Orinoco D. F. listed on Forico.io with rating 4.0:
August 09, 2018, 08:11:55 AM
ICO starts in 5 days!
August 08, 2018, 11:54:03 AM
Brilliant idea and really well-presented. Kudos to you Synechist for handling this so efficiently!
It is really very nice project and surly it has very attraction for investors. Good luck team
Glad to see the Factom Project progress! Also nice to see collaboration with other personalities in the space to advise on a well written whitepaper!
Added Road Map.
real estate entered in the cryptocurrency is indeed a natural thing, because the development uses the word country, Venezuela, it seems inappropriate. whether Venezuela has legalized Cryptocurrency, if yes there must be state involvement in this real estate development
Very impressive presentation and innovative coin! I will definitively watch this one, good luck with the ICO.
Interesting this is a good project, hope everyone likes it. Good luck to you!
NEWS
ICO has been successfully completed!
Unsold tokens are burnt (836,092.658503 of the released 1,000,000)
Total Supply of the Orinoco Decentralized Fund tokens is now 163,907.341497 CTFO
Combustion transaction (sending to zero address): https://etherscan.io/tx/0xd54013764383e3f191a801f5f941488643d498fd0c9c412686d2a0b8c25e8161
ICO has been successfully completed!
Unsold tokens are burnt (836,092.658503 of the released 1,000,000)
Total Supply of the Orinoco Decentralized Fund tokens is now 163,907.341497 CTFO
Combustion transaction (sending to zero address): https://etherscan.io/tx/0xd54013764383e3f191a801f5f941488643d498fd0c9c412686d2a0b8c25e8161
More information from website and not only.
Why is the status of the Foundation Co-founder more profitable than the status of a simple Investor?
Limited number of Co-founders
Co-founder tokens (CTFO tokens) are sold only within the ICO stages, unsold tokens will be burned.
The number of Co-founder tokens will not increase with time, but can only decrease for natural reasons.
Only 1 million of Co-founder's tokens are released per 2000 ETH
The total number of Co-founder tokens is 1 million. Of these, 140,000 tokens were sold through a private subscription to the Club of Venture Investors from St. Petersburg (Russian Federation).
The remaining 860,000 Co-founder tokens are on sale.
Co-founders receive 40% of the Fund's profit, in the ETH for their wallets
Unlike Investors who purchase Investor's tokens (ITFO) in the second stage, after the completion of ICO, and receive profit by buy back of the Investor's tokens from stock exchanges, the Co-founders earn a profit in ETH directly to their purses, while the number of tokens does not decrease.
This allows the Co-founders to receive multiple returns on the investments made once in the purchase of CTFO-tokens.
The Co-founder of the Foundation receives additional privileges
The Foundation Co-founders can use the time-sharing service and reside in real estate objects from the Fund's portfolio at no cost (during the period when the facility is free of reservation).
Unlike the Co-founder, the investor in the same facilities will have to pay the overhead costs for the maintenance of the facility.
Road Map
Why is the status of the Foundation Co-founder more profitable than the status of a simple Investor?
Limited number of Co-founders
Co-founder tokens (CTFO tokens) are sold only within the ICO stages, unsold tokens will be burned.
The number of Co-founder tokens will not increase with time, but can only decrease for natural reasons.
Only 1 million of Co-founder's tokens are released per 2000 ETH
The total number of Co-founder tokens is 1 million. Of these, 140,000 tokens were sold through a private subscription to the Club of Venture Investors from St. Petersburg (Russian Federation).
The remaining 860,000 Co-founder tokens are on sale.
Co-founders receive 40% of the Fund's profit, in the ETH for their wallets
Unlike Investors who purchase Investor's tokens (ITFO) in the second stage, after the completion of ICO, and receive profit by buy back of the Investor's tokens from stock exchanges, the Co-founders earn a profit in ETH directly to their purses, while the number of tokens does not decrease.
This allows the Co-founders to receive multiple returns on the investments made once in the purchase of CTFO-tokens.
The Co-founder of the Foundation receives additional privileges
The Foundation Co-founders can use the time-sharing service and reside in real estate objects from the Fund's portfolio at no cost (during the period when the facility is free of reservation).
Unlike the Co-founder, the investor in the same facilities will have to pay the overhead costs for the maintenance of the facility.
Road Map
- August 14, 2018 - September 4, 2018: ICO (open sale of the Co-founder tokens (CTFO)
- from September 5 to September 16 Co-founders wishing to be included in the Founders of the company will need to send a package of documents specified by the registrar (at the same time, just CTFO tokens owned by you within ICO procedure is a guarantee of participation in the profit)
- September 17, 2018 - the beginning of the second stage (the launch of an investment smart-contract for the sale of the Investor's tokens, ITFO), at the same time the registration procedure of the company begins, which will act as the buyer of real estate in Venezuela
- October 17, 2018 (plus or minus, since it is impossible to say exactly to the day how long it takes to register a company in the chosen jurisdiction), we will be ready to acquire the first objects, by the moment already selected by our analysts and put on vote by the Co-founders as a result of which the first objects for purchase will be determined.
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