Last Update
Aug 28, 2018
The project opens up a fundamentally new opportunity for tokenization of mortgage, which annual issue volume is estimated at $ 4 trillion. It allows real estate owners to get a stable digital asset – Mortgage Unit (MU) by mortgaging their property.
Mortgage Unit certifies an equal scope of claims on real estate in the mortgage fund, what dramatically increases its liquidity.
Mortgage Unit is analogue of mortgage-backed security.
We have passed a proof-of-concept stage and carried out the world's first test issue of MU tokens, secured by a real mortgage claim.
Mortgage agreement passes the state registration - State Real Estate Cadastre in Russia or its foreign counterpart, what therefore creates a legal nexus between the token and the real estate unit. Then this data is transferred to a smart contract.
Blockchain allows to check the data on mortgaged objects at any time and to make certain of a mortgage securing.
We have put an emphasis on elaboration and legal ground of tokens emission and circulation terms to address possible risks that emerge due to the latest development of ICO and cryptocurrency regulation.
Draft documents that will regulate the project implementation and issue of mortgage tokens are already worked out and adapted to Russian legislation.
The release of the project token (BQT) is provided for the purposes of collective issuance management, product development management and assessment of team members contributions. The project token BQT is a tool for using the system which capabilities are being expanded during the development of the project.
December 2016 — June 2017
July 2017
July - September 2017
October 2017 — February 2018
January 2018
February 2018
2018
2018
2018
2019
2019 — 2022
Verified 50%
Attention. There is a risk that unverified members are not actually members of the team
Verified 20%
Attention. There is a risk that unverified members are not actually members of the team
This offer is based solely on information provided by the offeror and other publicly available sources.
The token sale or exchange event is completely independent of ICOholder. ICOholder is not involved in any way, including technical support or promotion.
We list token sales from entities with which we have no relationship to help users track overall activity within the token sector. This information is not intended as advice, and you should seek professional or specialist guidance or conduct your own due diligence before making any decisions based on our content.
Any terms and conditions regarding token acquisition are solely between contributors and the token issuer. ICOholder is not the seller of these tokens.
ICOholder is not legally responsible for any representations made by third parties about any token sale. Any claims for breach of contract must be directed against the listed token issuing entity.
If you have concerns about the nature, legality, or propriety of a token sale or the involved individuals, please contact info@icoholder.com with detailed information.