The Max Property Group (MPG) blockchain is a child chain on Ardor and uses the MPG token as a currency to pay for transactions on their real estate crowdfunding and property management platform, Max Crowdfund.
Transactions include, but are not limited to, listing property, creating an asset (security tokens), buying/selling security tokens, buying and renting out property and registering property transactions.
Max Property Group is an international property investment company that is headquartered in Rotterdam, the Netherlands. They also have offices in Germany and the United Kingdom.
Its activities include property management, fund management, buying, selling, renting out of property, and running a property investment academy, Max Property Academy.
The company was founded in 2016 and their achievements so can be found on their roadmap.
Purchase, refurbish and renting out apartments in Rotterdam as test case for financial model of 1st property fund
Q2 2016
Incorporation of Max Property Group B.V.
Q4 2016
Launch first property fund (Max Property Fund - Netherlands)
Q3 2017
First fund completed
Q4 2017
Launch second property fund (Max Property Deutschland – Germany).<br />
Launch third property fund (Max Property Investment Group – United Kingdom).<br />
Decision to establish property crowdfund platform using an Ardor child chain.<br />
Development team from Auxesis Infotech selected.
Q1 2018
Max Crowdfund platform development initiated.<br />
Seed round closed which raised €115,000.
Q3 2018
MPG ITO initiated.<br />
Agreement signed with Jelurida.<br />
Launch fourth property fund (Max Property Fund II – Netherlands).
Q4 2018
Group restructuring initiated.<br />
Registered users reached 70,000.<br />
ITO finalised – Total raise €500,000.<br />
Members of the Board appointed.
Q1 2019
Group restructuring finalised.<br />
Max Property Group (child chain) live (login required), check top 500 distribution.<br />
Wallet creation functionality added to platform.<br />
Purchase MPG token functionality added to platform.<br />
Transfer MPG token functionality added to platform.<br />
Option to invest directly in property funds added to platform.<br />
MPG listed on STEX, P2PB2B, Sistemkoin and Coinmarketcap.
Q2 2019
Automate KYC using Sum & Sub (including PEP and sanction list checks).<br />
Burning MPG tokens implemented.<br />
Multiple small changes and enhancements.<br />
Security improvements.
Q3 2019
Transaction fees for Investor and Fundraiser fees updated.<br />
MPG Meet-up with Media & Investors and live burning of 40 million MPG tokens on July 12th.<br />
Bank API integration with bunq.<br />
Issue assets (property funds) on blockchain (includes Asset control).<br />
Implement purchase and transfer of assets on blockchain.<br />
MPG will be listed on the Assetum Exchange on the 15th of September.
Q4 2019
Exemption from Dutch finance authorities (AFM) to allow investing in 3rd party loans.<br />
Allow third party fundraisers to create assets on Max Crowdfund.<br />
Listing MPG on additional exchanges.<br />
Release 5% of MPG tokens to Founders and Seed round investors.<br />
List a property on the Max Property Group blockchain (issue singleton asset).<br />
Listing MPG on additional exchanges.<br />
Implement purchase and transfer of singleton assets (property) on blockchain.<br />
Allow third party selling (transfer) of property on the platform.
Q1 2020
License from Dutch finance authorities (AFM) allowing investments in bonds & equity.<br />
Allow the issuance of property bonds and property equity assets, including asset control (restrictions apply depending on jurisdictions and regulations).<br />
Add renting out property (implement lightweight contracts).<br />
Community management support (Property Owners Associations access).
Q2 2020
“EU-Passport” the license from the Dutch finance authorities (AFM) to Germany and the United Kingdom.<br />
International real estate agents support (listing of properties, including selling and renting out of property).
Q3 2020
EU-Passport license from the Dutch finance authorities to other EU countries.<br />
International property management services support, including periodic maintenance and repairs support ticket system.
Q4 2020
Continue to EU-passport Dutch license to other EU countries.<br />
Import and register properties from the national land registries, such as Netherlands, Germany, United Kingdom.
2021
Full support for trading assets (restrictions apply depending on jurisdictions and regulations).<br />
Expansion to Asian & Middle Eastern markets.
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