Global REIT (GRET/GREM)
Global REIT is a blockchain-based real estate investment trust.
Global REIT intends to create a global real estate investment portfolio, benefiting from the use of blockchain. Global REIT will begin its investor offering at its home base in Dubai, U.A.E. and then expand worldwide. The company sees cryptocurrency investor,s who want to simultaneously invest in real estate and earn regular dividends and real estate holders, seeking to exit into a liquid market anchored by cryptocurrency, as their key targets for participation on the Global REIT platform.
The ICO of Global REIT will offer Dual Utility tokens to its subscribers: Global REIT Fund Manager Token (GREM) and Global REIT Asset Token (GRET). This means that each subscriber will get shares in the Fund Management Company (GREM) returns and the Asset Owning Company (GRET) returns besides the utility attached with both the tokens.
The token holders of GREM and GRET will get future access to all assets under management of Global REIT. Token holders with minimum 5,000 tokens of GRET or GREM can avail free stays every year in the managed hospitality assets.
Those with minimum 100,000 tokens have an option to sell their real estate assets to Global REIT and enter the liquid market in crypto domain.
|Pre-sale start date||01 May 2018|
|Pre-sale end date||31 May 2018|
|Pre-sale token supply||12,150,000|
|ICO start date||01 Jun 2018|
|ICO end date||30 Jun 2018|
|ICO token supply||4,500,000|
|Hard cap size||20,000,000 USD (fiat)|
|Country Limitations||Japan, United States,|
|Additional Token Emission||No|
100% - Acquisition of the 1st Asset
Type of scores
Rating Review and Analytics
|Start ICO||01 Jun 2018|
|End ICO||30 Jun 2018|
|Price||1 GRET = 1 USD|
Click vote if you want this project to be Post-ICO Rated.
The vote has been noted.