DIC Resort Private Token Offering

DIC Resort Private Token Offering

ICO Ended
7,969 Views
DIC Trading Limited’s founder Dr. Lubos Riha and his team are planning to raise a total of USD 27,933,500 (Twenty Seven Million Nine Hundred Thousand Five Hundred USD) through a Private Token Offering (PTO) in addition to the US$ 15 million founders and sponsors equity.

DIC Private Token Offering (PTO) is a Restricted Collective Investment Scheme limited to accredited investors and institutions (private placement) with the aim of financing the design, development and construction of our luxury lifestyle beach resorts project on Al Marjan Island in Ras Al Khaimah (United Arab Emirates).

Our offering is backed by REAL ASSETS (hotel + real estate):

* Pre-selected Steigenberger Hotel & Residences (G+12 Resort 575 keys + Service Apartments 384 keys)
* Al Mahra Resort (G+12 Hotel Apartments, 548 keys, under construction)

KEY DEAL SUMMARY

Our bond-type product (maturity 5 years) returns are financed from profits from real estate off-plan selling (development phase) and from hotel operating profits (operating phase).

* 7% per annum in a single annual payment calculated from DIC’s Private Token Offering closing date

* Additional 5% premium paid on the 5th year, hence totalling a 12% interest paid on the 5th year

* Buy-back of principal investment by our company; Your initial investment returned to you on Year 5

* Net 44.5% IRR, net 3.1x profit multiple (based on 7.00% exit yield and assumed 60% hotel occupancy in 2nd operating year, i.e. exit year)

* 40% cumulative interest repayment over the 5 years period

ADDITIONAL BENEFITS:

* Affiliate programme: Get 5% commission for the inviter + 5% commission for the invited by using following affiliate link: https://dashboard.dicresortoken.io/?ref=2f92e

* Buy back option - Investors will be entitled to enter into our buyback program (re-purchase of tokens by the company) after holding the token for three (3) years. Detailed terms and conditions will be published at due time.

* Default Event - In the event of interest payment default, the Token holder shall be entitled to a pro-rata equity share in the Development or alternatively a conversion into a real estate unit, at the Token Holder discretion and in accordance to prevailing laws in United Arab Emirates.

* Conversion rights: After holding the tokens for a 3 years’ period, each token holder shall have the right to convert at any time their tokens as well as accumulated interest (and premium if at the exit time) into a physical possession of a Unit in DIC Resort project at an advantageous discount rate.

* Time Sharing:
- Diamond Members (minimum of 50,000 DIC Tokens) – a five years’ option for a 30 days’ free usage of a hotel or apartment Suite in DIC Resort hotel & residences.

- Platinum Members (minimum of 30,000 DIC Tokens) – a 3 years’ option for a 14 days’ free usage of single hotel or apartment Junior Suite in in DIC Resort hotel & residences.

- Gold Members (minimum of 15,000 DIC Tokens) – a 3 years’ option for a 7 days’ free usage of single hotel or apartment Junior Suite in in DIC Resort hotel & residences.

MINIMUM INVESTMENT: 500 DIC

More information on https://www.dicresortoken.io/
5.5
TOTAL SCORE
6.9
ICO PROFILE

(weight: 45%)

10
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Pre-sale Time: 17 Apr 2019 - 18 July 2019
ICO Time: 18 July 2019 - 31 Dec 2019
Whitelist/KYC: KYC
Country: United Arab Emirates
Token info
Ticker: DIC
Platform: Ethereum
Token Type: ERC20
Available for sale: 29,500,000 DIC
Financial
Accepting: ETH
Soft cap: 3,000,000 USD
Hard cap: 27,933,500 USD
Q2 2016
Scenario Assessments for Resort developments.
Q3 2017
Finalization of Financial Feasibility Study for Resort developments.
Q2 2018
Private Token Offering first conceptualization / initial ideas.
Q3 2018
Structuration of the team. Establishment of the company and legal set-up. Formalisation of the concept, bond structuration.
Q4 2018
Advisors review and adjustment of PTO concept. Negotiation of key partnerships. Website architecture and roll-out strategy.
Q1 2019
Launch of website in test environment. Publication of White Paper and Teaser. Start construction of Al Mahra resort & appartments.
Q2 2019
Front-end & back-end platform integrations (API). Launch of Private Token Offering. PR & Marketing campaign.
Q3 2019
Development of strategic partnerships.
Q4 2019
Start construction of pre-selected Steigenberger DIC Resort and Residences. Closing of Private Token Offering.
Faisal Ali Mousa
FOUNDER AND CHAIRMAN
Participates in a number of projects
Lubos Riha
FOUNDER AND VICE-CHAIRMAN
Participates in a number of projects
Cyril Piaia
CHIEF EXECUTIVE OFFICER
Participates in a number of projects
Mohamed Emam
OPERATION MANAGER
Participates in a number of projects

Advisors (0)

HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Upcoming
CashFlix
CashFlix is a Crypto Payment Aggregator to enable all token usage beyond any borders and limitations. The Cashflix Payment Engine will simplify the usage of your crypto wallet in the real world. At the moment one has to cash out their cryptocurrencies to their local bank accounts when one plans to use the money for a transaction. This process takes time and also fees are involved with doing so. Cashflix Swap and Switch Engine (S&S) enables straight transactions from your crypto wallet straight to the payment gateway system with highly reduced transactional fees. CashFlix Wallet - Store your all crypto assets in a single location. CashFlix Payment Processor - Flawless payments at registered merchants all around the globe. Passive Income Generation - Earn additional income in BUSD by holding $flix by our built-in dividend sharing reward system.
Upcoming
SISHUB
The SISHUB project is developing an anonymous messenger and a decentralized system for sharing data through the utilization blockchain technologies. Does Not Log IP Address. Only complex identifiers and tunnels for data transfer will be used, which will change every 10 minutes. Absence of information collection, control over users and collection of geodata. SISHUB uses triple encryption of its own design, based on AES CBC, DSA, HMAC, when most use Curve25519, RSA 2048. All data is hashed using the SHA-2 protocol (64-bit architecture).
Upcoming
Retreeb
Founded in 2019 Retreeb is a sustainable fintech. We develop a decentralized, simple and sustainable mobile payment method. It is a free payment service for consumers and relies on a multi-local stablecoin network and Fantom's infrastructure. It allows its users to act in accordance with the universal values of ethics, sharing and solidarity.
Upcoming
Hoard
Hoard is about to change the future of the video gaming industry by facilitating True Ownership of game assets on the blockchain. Today more and more people are selling virtual goods and services. With Hoard, all of this can be tokenized and made tradeable in a manner that is honest for all participants. We believe that Hoard will facilitate the global revolution in the Gaming Industry. Hoard offers a unique value-proposition to game makers and gamers alike; enabling real-world economies in games with true-ownership of virtual items, game-interoperability and new models of financing for the development of games.
Upcoming
Universal Recognition Token
Universal Recognition Token is the first blockchain-based corporate rewards marketplace where employees may sell and auction their gifts, rewards and prizes to the general public. URT is disrupting a $90 billion dollar annual spend market in the United States alone, according to the Incentive Federation.
Upcoming
RewardsToken
Rewards.com is introducing a global marketplace that brings together over 100,000,000 products and 7,000 merchants, including restaurants, travel, entertainment and retail. This marketplace will allow customers to earn and redeem, what we call RWRD tokens, at any participating merchant or be traded on the exchanges. We believe this solution will transform loyalty by taking cryptocurrency mainstream, building a healthy and strong token economy and restoring true value to the consumer reward.