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BlockEstate

BlockEstate

ICO Ended
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Tokenized Real Estate Fund. US real estate fund issuing private equity in the form of security tokens through our partner Polymath Network. BlockEstate is a US-based private real estate fund issuing private equity in the form of security tokens through our partner Polymath Network. $50 million is being raised on CoinList’s TSM platform for BlockEstate’s Alpha fund to acquire real estate assets with the goal of achieving a net IRR of 12-20%. BlockEstate’s first Alpha fund is designed for international investors (Non-US persons under Reg S) looking to penetrate the US real estate market while mitigating traditional tax burdens.<br><br><p>BlockEstate is a private real estate fund which provides international investors an opportunity to benefit from the U.S. real estate market. Our team members have over $650 million in combined property management and development experience and have planned an aggressive investment strategy. BlockEstate is taking the best elements of a traditional fund structure and are merging them with blockchain technology.</p><p>BlockEstate’s goal is to create a real estate portfolio whose target net IRR is between 12-20%*. To achieve this, the fund will implement a two-phased strategy. First, the fund will invest its capital into stable, long-term, income-producing real estate, with the goal of targeting a steady annual cash flow of 6-9%*. The fund will concentrate its resources mostly on the following property types: Multi-family residential; Long-term commercial properties; Industrial properties with steady income streams.</p><p>The next phase of BlockEstate’s plan involves leveraging its stable asset base to invest additional capital into more aggressive investments with higher potential returns. The focus for this leveraged capital will be mostly directed at: New construction; Short-term rentals; Mixed use properties. The target annual return for these properties will be 15-30%.</p>
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TOTAL SCORE
8.8
ICO PROFILE

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SOCIAL ACTIVITY

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TEAM PROOF

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General
Website: Visit
White paper: Read
Pre-sale Time: 18 Dec 2018 - 31 Jan 2019
ICO Time: 01 Feb 2019 - 28 Feb 2019
Country: USA
Token info
Ticker: BEAT
Platform: Polymath
Token Type: ST20
Available for sale: 50 BEAT (100%)
Financial
Pre-sale Price : 1 BEAT = 1 USD
ICO Price: 1.0000 USD
Accepting: ETH, BTC, Fiat
Soft cap: 5,000,000 USD
Hard cap: 50,000,000 USD
Q4 2018
<p>PRIVATE SEED ROUND<br><br><br /> BlockEstate begins accepting investments from strategic partners and select investors.</p>
Q1 2019
<p> MAIN STO SALE<br><br><br /> Token sale opens to sophisticated international investors.</p>
Q2-Q4 2019
<p>PORTFOLIO DEVELOPMENT <br><br><br /> Real estate investment strategy is enacted.<br><br></p>
Q2 2019
<p>EXCHANGE LISTING & OPEN TRADING<br><br><br /> Tokens will be authorized for open trading on secondary markets.<br><br></p>
Q4 2019
<p>FIRST BUYBACKS INITIATED<br><br><br /> Quarterly token buyback and burn model begins.<br><br></p>
Brad Galbraith
Chief Advisor | Market Connections
Participates in a number of projects
Rusty Pulliam
Property Development | Real Estate Acquisition
Participates in a number of projects
Steve Skinner
Senior Management | Leadership
Participates in a number of projects
Colby Harris
Industry Connections | Real Estate Acquisition
Participates in a number of projects
Brandon Hudson
Market Analyst
Participates in a number of projects
Jon Roberts
Market Research | Real Estate Consultant
Participates in a number of projects
Matthew Skinner
Solution Architect | Blockchain Advisor
Participates in a number of projects
Joshua Lamont
Solution Designer | Blockchain Advisor
Participates in a number of projects

Advisors (7)

Simon Riveles
Riveles Wahab LLP | Partner
Participates in a number of projects
Kaiser Wahab
Rivels Wahab LLP | Partner
Participates in a number of projects
Lukasz Wicher
Issuance Lead | Matador Advisory
Participates in a number of projects
Igor Denisov
Head of Strategy & Business Development at Polymath
Participates in a number of projects
Tom Tveidt
President & Lead Economist SYNEVA Economics
Participates in a number of projects
Jonas Sevel Karlberg
Co-Founder Nordic Blockchain Association, CEO AmaZix
Participates in a number of projects
Sam Buxton
CEO Digital Asset Management Ltd
Participates in a number of projects
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