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Topic: [ANN][Pre-ICO] SQUAREX - Decentralized Real Estate Ecosystem - page 2. (Read 299 times)

newbie
Activity: 19
Merit: 0
any bounty?
Hello! Yes, we do plan the bounty campaign. Now we are working on Bounty Program Conditions&Structure and we will update our members on it. For the latest news, join our Telegram chat: https://t.me/squarex_eng
jr. member
Activity: 74
Merit: 2
How do you estimate the market you are targeting? Will it be enough to ensure token price growth?
newbie
Activity: 38
Merit: 0
Hi team! Looks promising! When do you plan to launch ICO? haven't found that in the thread
Hello, we appreciate it so much! The pre-ICO starts in August and the beginning of our ICO is planned for November.

thanks! well, that’s not much time - do you think we can check the alfa before public sale?

As its been mentioned above, the beta version is coming, so you might wanna check the beta Smiley It's being tested right now and got to be ready by the start of pre-sale

Ok, got it! Thanks. Waiting for it then
newbie
Activity: 19
Merit: 0
Hi team! Looks promising! When do you plan to launch ICO? haven't found that in the thread
Hello, we appreciate it so much! The pre-ICO starts in August and the beginning of our ICO is planned for November.

thanks! well, that’s not much time - do you think we can check the alfa before public sale?

As its been mentioned above, the beta version is coming, so you might wanna check the beta Smiley It's being tested right now and got to be ready by the start of pre-sale
newbie
Activity: 38
Merit: 0
Hi team! Looks promising! When do you plan to launch ICO? haven't found that in the thread
Hello, we appreciate it so much! The pre-ICO starts in August and the beginning of our ICO is planned for November.

thanks! well, that’s not much time - do you think we can check the alfa before public sale?
newbie
Activity: 19
Merit: 0
Hi team! Looks promising! When do you plan to launch ICO? haven't found that in the thread
Hello, we appreciate it so much! The pre-ICO starts in August and the beginning of our ICO is planned for November.
newbie
Activity: 4
Merit: 0
newbie
Activity: 19
Merit: 0
Hello! Got intrigued by the whole idea. Is your platform already available for users?
Hello! Thank you for your kind feedback! We ahve just completed the final testing alpha-version and we are almost ready to present it for a beta-test.The platform will be made accesible to users in the near future.
newbie
Activity: 38
Merit: 0
Hi team! Looks promising! When do you plan to launch ICO? haven't found that in the thread
newbie
Activity: 115
Merit: 0
Hello! Got intrigued by the whole idea. Is your platform already available for users?
newbie
Activity: 19
Merit: 0
Пoкa тoжe дyмaю, чтo идeя зaмeчaтeльнaя. Ho интepecyeт вoпpoc пpo тoкeнизaцию квaдpaтныx мeтpoв. Кaк этo бyдeт пpoиcxoдить? Бyдeт вoзмoжнocть пoкyпaть тoкeны эквивaлeнтныe тoлькo плoщaди цeлoй квapтиpы или и чacти тoжe? Ecли мoжнo бyдeт выкyпaть мeлкиe oбъёмы, тo кaк бyдeт paзpyливaтьcя cитyaция: кyпил я, cкaжeм, тoкeнoв нa 3 кв м, a пpoдaвaть нe xoчy. И чтo, oднa квapтиpa ocтaнeтcя "зaблoкиpoвaннoй"?

Thank you for you support, we really appreciate that. We would also like to kindly ask you though, to communicate here in English only, due to the fact that this is an international thread Smiley  Please, join our Russian speaking Telegram community  https://t.me/squarex_rus. We would be glad to answer your questions related to the project.

As far as I understand, you asked if it is possible to buy only a few tokened metres using Squarex Ecosystem and then hold them so no one could buy the whole apartment later. In short, no.

In more details, it happens like this:

1. The user selects a favorite object (apartment) in the building and tows it; this freezes the number of tokens less (if there are not enough tokens), or equal to the number of tokens in the apartment (set in advance). One object can attract a lot of users, therefore, there is overbooking on the platform.
2. After some period of time, the sale of apartments on the platform takes place (the status of the project on the platform - “available for sale”). For booked objects, platform is offering to buy back the objects for the users who have put the largest number of tokens into them.
3. The user who contributed the most tokens for the object is given a few days to conclude a contract with the developer; if during this time he enters into a contract - the user's tokens are burned, and the rest of the participants are returned the booked tokens.
4. If during the allotted time the user does not enter into a contract, then he/she returns tokens (minus the fee for hold (similar to the fine)), and the platform offers the next on the list to buy an apartment.
5. The user who booked the object, but was not the first in the queue, can exit the booking without paying a fee (but no more than a few times-after which the platform does not allow you to remove the booking)
6. User who has the tokens can at any moment stand in the queue to book in advance, starting with the status “Available for booking” to the status “Sale”.
7. When the project enters the “sale completed " state, the tokens of the buyers that have not been used are burned, and the amount of invested funds + the bonus in SQEX tokens is returned to them.

newbie
Activity: 19
Merit: 0
Идeя зaмeчaтeльнa!) нa дaнный мoмeнт нe ycпeл пpoaнaлизиpoвaть white papper, нo пocтapaюcь cдeлaть пoзжe. Xoтeлocь бы ycлышaть мнeниe и вoпpocы дpyгиx yчacтникoв фopyмa. Cкaжитe y вac py вeткa ecть? бayнти плaниpyeтe? чaт в тeлeгpaммe для py?
Hi! Thanks a lot for your interest in SQUAREX Smiley This is an international thread, so we kindly ask you to communicate in English. For Russian speaking community, please, visit our Telegram chat: https://t.me/squarex_rus. We'll be glad to have you there!

Yes, we plan a bounty campaign, also our pre-ICO starts in August and the beginning of our ICO is planned for November.
newbie
Activity: 12
Merit: 0
Пoкa тoжe дyмaю, чтo идeя зaмeчaтeльнaя. Ho интepecyeт вoпpoc пpo тoкeнизaцию квaдpaтныx мeтpoв. Кaк этo бyдeт пpoиcxoдить? Бyдeт вoзмoжнocть пoкyпaть тoкeны эквивaлeнтныe тoлькo плoщaди цeлoй квapтиpы или и чacти тoжe? Ecли мoжнo бyдeт выкyпaть мeлкиe oбъёмы, тo кaк бyдeт paзpyливaтьcя cитyaция: кyпил я, cкaжeм, тoкeнoв нa 3 кв м, a пpoдaвaть нe xoчy. И чтo, oднa квapтиpa ocтaнeтcя "зaблoкиpoвaннoй"?
jr. member
Activity: 100
Merit: 1
Идeя зaмeчaтeльнa!) нa дaнный мoмeнт нe ycпeл пpoaнaлизиpoвaть white papper, нo пocтapaюcь cдeлaть пoзжe. Xoтeлocь бы ycлышaть мнeниe и вoпpocы дpyгиx yчacтникoв фopyмa. Cкaжитe y вac py вeткa ecть? бayнти плaниpyeтe? чaт в тeлeгpaммe для py?
newbie
Activity: 19
Merit: 0
SQUAREX
DECENTRALIZED REAL ESTATE CROWDBUILDING
AND SQUARE EXCHANGE ECOSYSTEM

Website | Telegram | Blog | LinkedIn | Facebook | Twitter

WHITE PAPER

MISSION
Our Company’s mission is to develop a platform which will enable buyers and backers
purchase safe and liquid real estate at the beginning of construction without real estate
developer and agency added costs. The platform will provide control over the funding of
construction process via oracles at decentralized crowd-building program, which is balanced,
operates based on smart-contracts and belong to the community.


THE PROBLEM WE SOLVE
In many countries up to 80% of construction market is controlled by large development
companies. Such corporations build in an outdated paradigm of low quality and high price
realty. Due to a lack of transparency in construction process, quality of realty often does
not meet one declared in the project.


PRICE OF A SQUARE METER NOW CONSISTS OF:
-loans, that construction company pays to banks;
-excess construction costs caused by fictitious counterparts,
for example excess intermediaries in a supply chain of construction materials;

-delacosts, that can account for up to 30% and in some cases up to 70% of construction cost;
-real estate developer and agency profit;
-actual cost price of construction.

XXth century lifestyle: up to 80% of world population rent housing or own apartments
in economy-class buildings with unattractive architecture while expensive elite
realty of high quality and beauty is affordable to very few.


AN OPPORTUNITY WE CREATE
Fair construction: a decentralized ecosystem for real estate development based on
blockchain and smart-contracts that is owned by the community. Buying real estate at
a very early stage during Initial Square Offering: no delay cost, developer’s profit or
loans that corporations pay to banks are included in the price. Quality matches with
one declared in the project, as a consequence of transparent supply chain. High
liquidity of square meters of premises as a result of tokenization and high demand.
Security of transactions for buyers and backers.


PRICE OF A SQUARE METER IN SQUAREX ECOSYSTEM:
-auditors/curators (community fee);
-margin of land owners and architects;
-actual cost price of construction.

XXIst century lifestyle: high quality real estate affordable for everyone.
Modern architecture in harmony with environment as a natural choice of community.
Beauty and prosperity in the world architecture as chosen by the community.


WHO WILL BENEFIT FROM SQUAREX ECOSYSTEM?
- Buyers who will be able to acquire real estate up to 70% cheaper cost per square meter
- Construction Contractors who will gain access to the  smart-contract database of construction
works and the reliability of construction processes
- Real estate Creditors and Backers with up to 70% more advantageous acquisition compared
to traditional crowdfunding mechanisms
- Traditional Developers and Land Owners with significant time and cost savings


HOW DOES IT WORK?
The platform is based on decentralized initial square offering and decentralized real estate
development process. SQUAREX will provide control over the funding of construction
process via oracles at decentralized crowd-building program, which is supported by smart
contracts and belong to the community. We offer you a crowdbuilding platform with reliable
mechanisms of initial square offering – ISO.


HOW IS SQUAREX BETTER THAN OTHER SOLUTIONS?
SQUAREX uses all the emerging opportunities of smart contracts to deliver flexible and
transparent interaction options in real estate development.
The SQEX token is the useful and flexible part of a decentralized network enabling transparent,
cross-border settlement mechanism for all buyers and backers.
The platform will enable buyers to save up to 70% of money they need to buy house or flat.
And it will help to control funding of construction process directly via blockchain and smart contracts by ISO.


LAUNCHING PROCESS
Meet SQUAREX 1.0: we are proud to say that first release of SQAUREX Ecosystem is
ready to perform. Next release is coming!

 
TEAM
Kirill Kotilevskiy – Founder, CEO
Experienced private and public equity professional with focus on securitisation of
real estate and real estate development.

 
Igor Vasilyev – Founder, CTO
12 years of IT-industry experience. Since 2011 Igor has successfully created and
launched more than 10 IT solutions in online retail and for other IT projects.

 
Vitaliy Sorokin - Backend/Blockchain developer
10 years in IT development, participated in lots of blockchain and cryptocurrency
related projects

 
Daniil Aleksandrov - Fullstack developer
More than 10 years software development for workflow automation and
stock-exchange processing.

 
Roman Nesterov - Devops engineer
More than 12 years software development experience. And 5 years of
highload fail safe systems development experience.

 
Timur Evgazhukov - Backend/Blockchain developer
16+ years of IT development. 7+ years FinTech experience.
Most of Timur’s experience was in the development of highload web services for major
banks (VTB24, Alfa-Bank and others) and government structures.


Learn more about SQUAREX on our website or contact us via email,
and join our social media channels
:
Website | Telegram | Blog | LinkedIn | Facebook | Twitter


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