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Description

Description


Brickblock is a blockchain-based project that allows the participants within the ecosystem to sell/invest real-world tokenised assets. Sellers are able to offer real-estate and investment funds to investors. On the other end, Investors purchase asset-backed tokens named Proof-of-Asset token with cryptocurrencies.

Brickblock issued the BBT Ethereum-based ERC20 token, which will be distributed to the contributors of the fundraiser. The BBT tokens are needed to generate new access tokens. The access tokens (ACT) are the fees required to keep the Proof-of-Asset operating and alive.

Full Name BrickBlock (XBB)
Start Date N/A
Algorithm ETH Token
Proof Type PoA
Website https://www.brickblock.io/
Twitter @brickblock_io
Facebook N/A
Reddit https://www.reddit.com/r/BrickBlock/
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


Brickblock is a new blockchain-based solution for investing in exchange-traded funds (ETFs), real estate funds (REFs), passive coin-traded funds (CTFs) and active coin managed funds (CMFs). Through the use of smart contracts, order and issuing fees can be reduced to a fraction of traditional costs and artificial geographical trading restrictions can be eliminated. Furthermore, Brickblock will be introducing a new system of passively managed cryptocurrency baskets, which reduces the risks and high fees of actively managed coin funds by using liquidity providers, incentivized by arbitrage effects. Brickblock system is based on an underlying rule-based asset allocation rather than high-risk contracts for difference (CFDs). It uses the asset-first principle, which incentivizes asset vendors to deliver assets before getting paid.

Team:

  • Jakob DrzazgaCo-Founder;
  • Jeff WoodwardDirector;
  • Steve RiggsDirector;
  • Colin NimszHead of Finance & Organisation;
  • Philip PaetzChief Technology Officer;
  • Manuel Gonzalez AlzuruChief Marketing Officer.

Brickblock will be holding its ICO on August 2, 2017.

Token Reserve Split (49%):

  • 35% Company Lockdown;
  • 14% Early Backers, Founders, Bounties;

Token Price and Phases:

  • August 2 - 1000 Tokens per ETH (Pre-Sale);
  • August 3 - 975 Tokens per ETH (Pre-Sale);
  • August 4 - 1000 Tokens per ETH (Pre-Sale);
  • August 5 - 1000 Tokens per ETH (Pre-Sale);
  • August 6 - 1000 Tokens per ETH (Pre-Sale);
  • Week 1 - 800 Tokens per ETH;
  • Week 2 - 775 Tokens per ETH;
  • Week 3 - 750 Tokens per ETH;
  • Week 4 - 725 Tokens per ETH;

Intend use of Revenue:

ICO Status Finished
Token Supply 500000000
Start Date 2017-10-11
End Date 2017-11-11
Fund Raised (BTC) Presale: 1525.857 ETH; 83.603 BTC; 163.981 LTC;
Fund Raised (USD) 4562850.16
Start Price (USD) 0.00125
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction Germany
Legal Advisers N/A
Blog https://blog.brickblock.io/
White Paper https://brickblock.io/files/Brickblock_Technical_Whitepaper_v093.pdf
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