Before using our platform, you first need to be verified and approved. The entire process is completed online via the blockimmo website. You will be prompted to provide or verify any required information (KYC / AML), as well as make the necessary acknowledgments electronically.
With blockimmo, we build an ecosystem that has been ruled with the competent financial market regulators. Also, we are in the process of becoming a member of a self-regulating organization (SRO).
To put it simply; we take regulation seriously.
This means at all times we have to know who our customers (investors / sellers) are and therefore we ask you to, during sign-up, go through our AML and KYC Process.
During this process, we ask you where the money comes from you are planning to invest (AML) and you have to identify yourself. Depending on the amount you want to invest this identification will be by taken some photos or by using your webcam (or smartphone) for video identification.
Once you're done, you're ready to invest. Only in certain cases we might contact you and ask for additional information, this is usually the case when your descriptions for the source of funds are not clear enough.
Anyone who is not a US person under FATCA can invest on our platform. There are no minimum capital requirements or complicated processes to go through. Simply go through the KYC/AML process and you’re ready to start investing today.
With no investment minimums, with as little as 1 ETH you can start receiving passive income proportional to your share of a property's tokens and begin to grow your real estate portfolio today.
We prefer to communicate with our investors directly. So, we’ll give you ongoing reports and updates on the status of your investment, as well as deliveries of tax filing and other important news.
Keep an eye on your email and the push notifications within the platform (check out the top right corner!).
You can find info about all successful crowdfunded properties on a separate section of our website, where relevant performance data is accessible to the general public.
Yes, each property will have its own unique ERC-20 token. This means that you can invest using Ether (during the crowd-sale) and you will receive unique tokens legally representing your share of the property you've just invested in.
The ERC-20 standard makes a lot of sense to use for tokenized properties that can have multiple owners. We are however already planning to use other standards (i.e. ERC-721) for properties with a sole-owner. More details will be announced in the near future.
Once you've found the right investment for you, subscribe to be notified when the crowd-sale goes live. Once live you can begin investing along with other investors towards the sales goal.
If a property crowd-sale is not successful (meaning the soft cap is not reached) you will be able to withdraw your investment.
You can claim a refund in the same way as claiming a token. Except, instead of clicking Claim Tokens the button will be Claim Refund. Again, the same verified wallet you used to invest must be used to claim your refund.
The crowd-sale of a property typically lasts between 30 and 60 days. This, however, is entirely up to the person or company selling the property / raising funds for the project. Most likely a higher prices property or project will last longer, so there is a higher chance for the crowd-sale to be successfully funded.
Once the crowd-sale is ended successfully, the final paperwork is completed at the Notary. The investors can claim their share of the property (tokens) shortly afterward. As an owner, you will receive income proportional to your share of tokens owned, receive regular property reports and partake in the property voting topics (if any) through a DAO.
ERC-20 defines a common list of rules for Ethereum tokens to follow within the larger Ethereum ecosystem, allowing developers to accurately predict interaction between tokens. These rules include how the tokens are transferred between addresses and how data within each token is accessed. Learn more.
The real estate tokens are asset-backed, with the asset being the property behind them. This means that the token type is a security.
Securities can only be traded at regulated and licensed exchanges.
Many exchanges are working towards becoming regulated and blockimmo real estate tokens will be listed at regulated exchanges in the near future.
Although we can’t tell you exactly when yet, we will keep you updated on the process via our communication channels.
Until then, the tokens can be traded peer-to-peer on the trade section of the website. You can read our blog post describing how that can be done in an easy way.
As an investor, there are no direct fees. This means you can use our platform for free to invest in properties and keep updated about them. From every dividend payout a 1% overall fee is deducted automatically (programmed into the smart contract). You can learn more about our business model by reading our white paper or prospectus.
Through the blockimmo platform, you will be able to invest in real estate opportunities without high barriers or relying on complicated processes and middlemen. We tokenize properties and development projects and invite anyone to join and participate in the real estate investment market.
For blockimmo, "regulation" has the highest priority: The competent supervisory authorities have not raised any objections to the project presented by blockimmo and have answered the corresponding submission requests in a positive way.
Our platform is built on the Ethereum Blockchain, which records and logs transactions to the highest level of security making hacks and break-ins virtually nonexistent. On top of that our platform has been extensively audited.
Sell your tokens anytime at our partner's decentralized global exchange. The STX.SWISS trade platform is easy to use, which enables you to receive Ether for your tokens fast and secure.
Track each of your properties performance (rental income) with regularly published reports and overall performance in your investor portal.
We're eager to hear from you, contact us today so we can discuss it further.
Questions about our platform or services? Get in touch, we would love to hear from you.
+41 41 520 62 11
Token Factory Switzerland Ltd.
Zählerweg 3, 6300 Zug, Switzerland