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Monaco Estate (MEST) ICO Review – ICO Token News


Since 1960, real estate investment funds have been available in the market around the world as a popular investment opportunity reserved for those with substantial income or capital.

Monaco Estate aims to build a blockchain-based platform for any investor to invest in real estate property regardless of their equity. Small investors will benefit from the stability, security, and transparency of their investment by using this platform.

Monaco Estate analysis

What is Monaco Estate all about?

It is a cryptocurrency real estate investment fund platform that systematically focuses on high-end apartment rentals in Monaco. Smart contracts built on the Ethereum blockchain (similar to Cibus, Amon, Aktie Social, Alttex, THEFANDOME) are effectively utilized by the core development team in order to develop the Monaco Estate platform. MEST token holders will receive a profit share through Ethereum payments on a monthly basis.

MONACOESTATE

What does Monaco Estate aim to be?

This platform aims to create excellent investment opportunities for small investors in the field of real estate by providing them real-life assets in form of Ethereum cryptocurrency as a monthly profit share.

The cryptocurrency of this platform (MEST tokens) is generated by the development team to provide investors a means of investing in the real estate rentals market. Moreover, MEST tokens may be easily traded on different cryptocurrency exchange platforms and make easy to find out how to invest in ICOs. It will provide small investors with additional liquidity.

What problem is Monaco Estate solving?

Problems for small investors 

  1. The housing market across the world has been rising steadily.
  2. Real estate investment is seen by many financial experts as a secure and safe investment for the long-term investor.
  3. Many people are opting for the option of renting rather than purchasing property as housing prices are increasing faster than rent in most developed countries around the world.
  4. This means that the majority of people are missing out on a fundamental investment opportunity on real estate assets, as they cannot afford to make a large investment and cannot afford to have security on their investment.

Whymonaco

Solutions offered by Monaco Estate

  1. With the Monaco Estate platform, any investor can easily invest in real estate funds and get profit share on a monthly basis.
  2. All the transactions carried out on this platform will be secure as the platform is developed using cutting-edge Ethereum blockchain technology.

Why is Monaco Estate a good project?

Many experts believe that real estate rentals will soon accept cryptocurrencies for payment and the core development team associated with this project wants the Monaco Estate platform to be one of the first cryptocurrency platforms to do this.

Some of the benefits of using this platform include:

  1. Real-world investments

The real estate investment made through this platform will be secured by physical real estate assets purchased in Monaco.

  1. Solid, secure and stable investment

This platform seeks to create a next-gen real estate investment funds platform that will be based on the cutting-edge and state-of-the-art Ethereum blockchain technology.

  1. Reap the rewards of real estate rental investments with no minimum investment

There is no minimum investment required to use this platform. Regardless of their equity, any investor can invest in income-producing real estate property in Monaco.

  1. No barrier to entry

Any investors can easily invest in real estate property using this platform.

  1. Guaranteed liquidity

A total of 5% of the MEST token reserves will be used for the purpose of re-purchasing tokens on the cryptocurrency platform in order to provide investors with additional liquidity.

  1. Transparency

Real estate property purchased by the platform with the team as registered directors. According to the law in Monaco, a real estate company has to publicly file its available annual account. It can be freely downloaded by the users of this platform.

How is Monaco Estate different and better than other solutions?

Monaco Estate will be purchasing and holding different real estate properties. The income generated by this platform will not be debt based and does not effectively rely on debtors repaying their loans. The core development team associated with this project will be able to accurately project income and expenditure because they physically own the real estate rentals directly. It will allow this platform to consistently distribute a profit share on a monthly basis to the investors.

CROWDSALE

Token price and token sale

MEST tokens will be used for investors to make purchase real estate property on this real estate investment platform. The soft cap and hard cap of the token sale will be 2,000 ETH and 50,000 ETH respectively. MEST tokens can be purchased by trading ETH just like other ICO tokens such as ODEM, Requitix, Shping, TV-TWO, Signals, BunnyToken. 1 MEST token can be purchased by trading 0.0008 ETH.

Pre-ICO sale

  • The pre-ICO sale of the MEST tokens will start from May 1, 2018.
  • It will end on May 15, 2018
  • 6,000,000 MEST tokens will be released during the pre-ICO sale.
  • Each investor will receive a 10% bonus on tokens bought during the pre-ICO sale.
  • Hard cap for this sale will be 3000 ETH.

ICO sale

  • The main ICO will be launched on June 1, 2018.
  • The hard cap for this sale will be 50,000 ETH.
  • This ICO sale will last for 30 days.
  • A maximum of 73,400,000 MEST tokens will be sold during the ICO sale.

Token distribution

  • 6,000,000 tokens will be sold during the pre-ICO sale.
  • 600,000 MEST tokens will be given to early investors as a bonus during the pre-ICO sale.
  • 20,000,000 MEST tokens will be allocated to the core development team.
  • 73,400,000 will be released for sale during the ICO sale.

Usage of funds

  • 5% of the funds will be used as a reserve fund for future development.
  • 1% of the funds will be used for smart contract development.
  • 1% of funds will be used for company legal fees.
  • 84% of the funds will be used for the real estate portfolio.
  • 9% of the funds will be used as real estate registration fees.

The team behind Monaco Estate

This project is operated by a small team that consists of

  • Daniel Golding, Founder, CEO.
  • Charlotte Golding, Co-founder, CFO.

Summary

The Monaco Estate platform will be designed and developed for investors who wish to invest in real estate investment funds and effectively receive a passive income from monthly Ethereum (ETH) payouts. The creation of further tokens and the ICO sale will focus on launching and marketing this platform in other countries.

In addition, it will also focus on further investment opportunities. The long-term goal of this platform is to provide additional priority benefits and stable income to all token holders.

Team

  • DANIEL GOLDING
    DANIEL GOLDING
    DANIEL GOLDING
    (Founder, CEO) -
    Serial entrepreneur and high end real estate investor
    Originally working as a web application developer specialising in advanced API system. Daniel made his first million in his mid twenties through developing his own private automated marketing platform.
  • CHARLOTTE GOLDING
    CHARLOTTE GOLDING
    CHARLOTTE GOLDING
    (Co-Founder, CFO) -
    Accounting and tax advisor.
    Bachelor of Mathematics degree with honours.

    Charlotte has been involved with accounting for several years and worked with many high end UK companies.
  • OLIVIER LAURENT
    OLIVIER LAURENT
    OLIVIER LAURENT
    (Adviser) - Olivier is the founder of hometag.io, a new startup allowing collaboration for real estate transaction.
  • EDWIN VAN DEN BERG
    EDWIN VAN DEN BERG
    EDWIN VAN DEN BERG
    (Adviser) - Founder and CEO of CryptoRatingDesk.com and TripsTrading.com.
    Edwin has had a career in private banking, real estate and investment & financial management for over 20 years and has since branched out into cryptocurrency investing and fund management.

Milestones

  • 1
    05.2018
    TOKEN PRESALE
    10% TOKEN BONUS TO ALL PRESALE INVESTORS.

    TOKEN SALE TO LAST 15 DAYS OR UNTIL PRESALE LIMIT OF 3,000 ETH REACHED.
  • 2
    06.2018
    ICO TOKEN CROWDSALE
    30 DAY ICO WITH HARD CAP OF 50,000 ETH.
  • 3
    07.2018
    LIQUIDATE PART OF ICO CAPITAL TO FUND COMPANY LEGAL FEES & FORMATION.
  • 4
    07.2018
    SETUP MONACO LLC AND TRANSFER ICO CAPITAL
    COMPANY NAME, ADDRESS AND REGISTRATION NUMBER SHARED WITH TOKEN HOLDERS.
  • 5
    07.2018
    WE ARE CURRENTLY IN TALKS WITH SEVERAL MAJOR EXCHANGES. WE AIM TO HAVE OUR COIN AVAILABLE ON EXCHANGES IN THIS MONTH.
  • 6
    08.2018
    DEVELOP TOKEN HOLDER PLATFORM AND ETHEREUM SMART CONTRACT FOR DISTRIBUTED PROFIT SHARE.
  • 7
    08.2018
    GRADUALLY LIQUIDATE REMAINING ICO CAPITAL.
    DELAYED LIQUIDATION TO FIAT ALLOWS US TO BENEFIT FROM PREDICTED ETHEREUM VALUE INSTEAD.

    INCREASED PURCHASING POWER WITH SAME LEVEL OF ETHER.
  • 8
    09.2018
    SEARCH & BUY PROPERTIES
    PROPERTIES LISTED ON PUBLICLY ACCESSIBLE INVESTOR WEBSITE
  • 9
    10.2018
    PROPERTY PURCHASES COMPLETE. RECEIVE KEYS.
  • 10
    11.2018
    BEGIN TENANT SEARCH AND RENTING APARTMENTS.
    POTENTIAL TO UTILIZE MONACO LETTING AGENTS TO ENSURE MINIMUM DOWNTIME WITH EMPTY PROPERTIES.
  • 11
    12.2018
    FIRST ETHEREUM PROFIT SHARE PAYOUT TO TOKEN HOLDERS.

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