Fida is the real estate backed crypto token that incorporates wownity’s housing concept of 'wowning' a house in the blockchain, generating profits for anyone in the world through a smart contract executed buy-back and burn policy.
Money invested in the Fida token goes to the Wownity company, which then buys houses for those unwilling or lacking the means to obtain a mortgage. The occupant that rents the house from Wownity is entitled to its purchase. The tenant’s rent obligations will be decided through smart contracts. Funds gathered from the rent will go to buying back Fida tokens from the exchange and burning them. Real estate bought with Fida tokens will gradually be transfered to the tenant over a period of maximum thirty years.
|ICO token supply||24,750,000|
|Additional Token Emission||No|
99% - Public
1% - Bounty program
75% - Real Estate
12.5% - Operations
4% - Marketing
4% - Development
2% - Foundation
2% - Cash Reserve
0.5% - Legal
Type of scores
|Co-founder, visionary||Member of this ICO only|
|Co-founder, blockchain expert||Member of this ICO only|
|Co-founder||Member of this ICO only|
|Art director, visual communications expert||Member of this ICO only|
|Blockchain developer||Member of this ICO only|
|Full stack software and blockchain developer||Member of this ICO only|
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