DIC Resort Private Token Offering

DIC Resort Private Token Offering

ICO Ended
7,787 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
LOHN
Lohn is a widely spread contractual form in various industrial fields of international cooperation relations, especially in the industry of clothing, footwear, leather, furniture, software and hardware, pharmaceutical, metal working, metallurgical, machine tools, automotive, automation, machine building industry, electronics and appliance industry, food and beverage industry, petrochemical industry. The lohn (processing economy) has been and will be a solution to produce goods at reasonable and high-quality prices through the efficient use of labor and cheap raw materials in emerging economies. It is also a business model that creates economic and social progress across the world bringing together markets with productive resources and capabilities. The trading platform developed by the lohncontrol project will create global opportunities for small and medium-sized businesses that are responsible for generating 60% of GDP. It will give them a visibility that they do not have at this time and will encourage the development of direct business between them. This means low manufacturing costs and greater adaptation to market demands. Those who will win at the end of this interaction will be consumers who will get good products at realistic prices.
Upcoming
ICOHeadStart
ICO HeadStart™ is the safest ICO fundraising platform in the world. Our experienced team of compliance experts award only carefully selected ICOs with a seal of approval after screening before these ICOs get listed on the ICO HeadStart™ platform adhering to give our community access to the best possible ICO proposals and the highest security standards in the ecosystem. In return for ETH and BTC the community receives MOAT along with voting points. Through voting the community decides which of these ICOs get funded. Elected projects receive their funds through Escrow 2.0 after the smart contract conditions have been met. ICO HeadStart's profits will be shared for 100%: 80% will be used to exchange back MOAT from the community and 20% will be used to give funded ICOs a head start. Decentralized, transparant, simple, honest.
Upcoming
Artcoin
The art world is traditionally anything but transparent, and that’s where ArtCoin, an investor-driven collective, creates real change for investors. Guiding users through transactions using cryptocurrencies, ArtCoin enables investors to benefit from the increased security and transparency of the Smart Contracts platforms. By pulling together information that everyday investors normally can’t access, ArtCoin democratizes the art market and acts as a direct liaison between investors and the art industry.
Upcoming
Tokoin
Tokoin is a platform that establishes the digital business identity and reputation of micro, small & medium enterprises (MSME) as acceptable credibility scoring for suppliers and financial institutions. Tokoin aims to: - Build a digital business identity for MSME that represents a valid business reputation - Build a digital ledger for MSME that records real-time transaction data and provides opportunities to distribute the data to the relevant parties in the ecosystem, hence monetizing their data. - Build a digital ledger for MSME that records real-time transaction data and provides opportunities to distribute the data to the relevant parties in the ecosystem, hence monetizing their data. - Grow opportunities by lowering transaction costs, increasing buying power, and providing the previously inaccessibles access for business partnership - Suppress the financial inclusion barriers
Upcoming
INVERSE
INVERSE is a DeFi based platform that provides an array of smart-contract features with integrated time-based options. Users have the opportunity to speculate on the drop in value of a suite of Defi coins by utilizing the multiple 'tracking vaults' on the platform. XIV, the protocol's native token, is used to unlock these vaults, and then staked within these vaults for no more than 7 days. As their name implies, these vaults track the real-time price movements of select DeFi tokens (i.e. COMP, AAVE, UNI, YFI). After 7 days, if the value of the DeFi asset being tracked has dropped by a certain percentage, the user will gain a significant percentage yield on the amount of XIV held within the tracking vault. If the price of the DeFi asset does not drop in value beyond the predetermined percentage by the end of the 7-day staking period, the user will forfeit a portion of their staked XIV. Rewards will be automatically disbursed to the user’s web3 browser wallet at the end of the 7-day staking period. Ultimately, INVERSE offers users the option to hedge against the volatility of select crypto assets.
Active
Dether
Dether provides a decentralized peer-to-peer ether network that enables anyone on Earth to buy ether with cash and spend it at physical stores nearby. No bank account is needed, just a mobile phone with internet access. Our belief is that the beauty and power of the Ethereum technology should be easily accessible to all. We’ve decided to put all of our energy and that of the Ethereum community into helping us build the first trustless solution that will allow anyone to be able to interact with the Ethereum blockchain no matter who you are, where you are, and without the need for a middleman.