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Description

Description


The X Real Estate Development project aims to develop a technological and organisational model for the real estate and construction market based on blockchain technology.

XRED technologies will allow interested parties to enter into projects for the construction of new real estate projects with high speed and unsurpassed security. The technological solution of the XRED project will allow removing unnecessary chains of links in real estate transactions, which will have a significant impact on the final value of transactions.

Full Name X Real Estate Development (XRED)
Start Date 2017-09-09
Algorithm ETH Token
Proof Type N/A
Website https://xred.co/
Twitter @XREDFoundation
Facebook N/A
Reddit N/A
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


The X Real Estate Development project aims to develop a technological and organisational model for the real estate and construction market based on blockchain technology.

XRED technologies will allow interested parties to enter into projects for the construction of new real estate projects with high speed and unsurpassed security. The technological solution of the XRED project will allow removing unnecessary chains of links in real estate transactions, which will have a significant impact on the final value of transactions.

Team:

  • Kevin Hollands: CEO.  
  • Konstantin Viktorov: CTO.
  • John Llewelyn: Real Estate Lawyer/Advisor. 
  • Richard Barnes: Surveyor.  
  • Christina Wu: Customer Relations Specialist.  

XRED will be holding its ICO on the 1st of November, 2017. The ICO token supply represents 86% of the total token supply, so there will be a total of 55,900,000 tokens available, for $1 each at the offering. The ICO funding target is 1,500,000 USD, the funding cap is 50,000,000 USD and is expected to end on the 15th of December, 2017 or when the funding cap is reached.

Token Reserve Split (14%):

  • 12% Founders;
  • 02% Bonuses and Bounties;

The XRED ICO will feature a bounty campaign and a bonus structure, as shown below:

Bonus Structure:

  • Pre-sale period: + 40% of bonus tokens;
  • 1st week: + 25% of bonus tokens;
  • 2nd week: + 20% of bonus tokens;
  • 3rd week: + 15% of bonus tokens;
  • 4th week: + 10% of bonus tokens;
  • 5th week: + 5% of bonus tokens;
  • 6th week: 0% of bonus tokens.

 

ICO Status Ongoing
Token Supply 65000000
Start Date 2017-11-01
End Date 2017-12-15
Fund Raised (BTC) N/A
Fund Raised (USD) N/A
Start Price (USD) 1
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction UK
Legal Advisers N/A
Blog https://medium.com/@XREDFoundation
White Paper https://xred.co/assets/XRED_White_paper_EN.pdf
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