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Topic: [ANN][STO]Commercial Property Collaterized Asset Token (Read 187 times)

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SHREE TOKEN

First Legal Collaterized Security Token from Indian Cryptosphere


1) INTRODUCTION

Shree Token is an Asset Token issued by RJ30 Ventures Registered in Rajsamand, Rajasthan, India generated at Block Number 1437087 on Waves Blockchain.

Shree Tokens are Legally Assigned with Collateralized commercial land.

SHREE Tokens are issued to offer Security to investors and Funding Capital Required to Support On Going Development of Hospitality and Web3.0 Centre.


NameSHREE TOKEN
SymbolSHREE
Asset ID5pwnqS2JgVHrthxcoznh6aAx6rXMm9TMB9bz7AzgxQMW
BlockchainWaves Blockchain
IssuerRJ30 Venture,India
Collateral Security24750 Square Feet Commercial Land
Total Supply24750
Decimal Points2
ReissuableNOT Reissuable

2) TOKENIZED COLLATERAL SECURITY


Tokens are legally Bounded in relationship with 2 Commercial Property situated at Rajsamand District

1 Square Feet of land Share is represented by 1 Shree Token on Waves Blockchain.


Property 1st => https://www.google.com/maps/@25.0366116,73.8682044,415m/data=!3m1!1e3
   
Property 2nd => https://www.google.com/maps/@25.0366116,73.8682044,415m/data=!3m1!1e3


Total Collaterized Land = 16000 Sq. Ft. + 8750 Sq. Ft.
= 24750 Square Feet
.


3) TOKEN ECONOMICS

Total Token Supply = 24,750 Shree Token (HARD CAP)

Divisible up to 2 Decimal Points


4) TOKEN OFFERING


We are seeking for capital to invest in Hospitality Business and Web3.0 Technologies. Through SHREE token Offering we are Procuring Business loan.

Shree Tokens will be offered in Security token sale round to Accredited & Individual Investors Worldwide.

Token Offering Event will be announced via official Telegram Group and Other Channels.

   
Token Offering will be initiated via WavesDex


5) CAPITAL INVESTMENT

Funds Collected from Token offering are planned to invest in Establishment of  Web3.0 Research & Development Centre and RJ30 Hospitality Centre development which are currently under construction on site.

Business plan will be published on separate Business Whitepaper in following days.


6) TOKEN USAGE, REWARDS & RETURN

  • Monthly Interest Payment- Each token holder will be Paid Monthly Interest on their Holdings in BTC BTC
  • Principle Payment- To Pay Principle Amount to investors Quarterly/Bi-annually/annually Buy Back Event will be Organised.
  • Ecosystem Access- SHREE tokens can always be used for accessing our Future Hospitality Services & Blockchain Services as a mode of payment.
  • Convertible to Equity-Token Holders can Convert their Tokens to Equity in Our Businesses at Discounted Price.


7) SHREE TOKEN AGREEMENT

To legalize the tokenisation Process and protecting investor’s security we are signing SHREE TOKEN AGREEMENT on Indian-Non Judicial Stamp Agreement on Friday, 15th March 2019
   

This token Agreement Includes Every Aspects to make token legally protected, Secure and Valuable.

Key Points in Agreement


  • Our Relationship with Shree Token
  • Shree Token & Tokenised Property Relationship
  • Our Liabilities to token holders
  • Collaterized Property Verification
  • Token Buy Back Agreement
   


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