CPROP

CPROP

Created using Figma
Created using Figma

Last Update

Feb 27, 2018

CPROP is designed to address the most common and major challenges inherent in all real estate markets around the world, specifically the lack of inefficiency and security. CPROP will be an integrated platform that allows real estate investigators to investigate, handle cryptographic infringement, securely secure and record the ownership of real estate investment both in and outside the country at remote locations.
Sep 30, 2018
Oct 31, 2018
100% completed
Raised funds - no Data
past
Jul 5, 2018
Aug 5, 2018
100% completed
Raised funds - no Data
Hard cap 20 000 000.00 USD
past
ICO
May 21, 2018
Jun 10, 2018
100% completed
Raised funds - no Data
Hard cap 20 000 000.00 USD
past
  • 1 CPRO
    =
    0.01 USD
Pre-ico
Apr 30, 2018
May 10, 2018
100% completed
Raised funds - no Data
Hard cap 20 000 000.00 USD
past
  • 1 CPRO
    =
    0.008 USD
Token Details
Ticker
CPROP
Total supply
4,600,000,000
Token Distribution
75% - Distributed
15% - Team
5% - Bounties
5% - Advisors / Consultants
Accepted Currencies
ETH
Min Contribution
0.1
ETH
Company Details
Registered Company Name
CryptoProperties LLC
Bonus Structure
Up to 25% depending on contribution
Additional Details
MVP/Prototype
Yes
Platform
Ethereum
Whitelist
Yes ,
KYC
Yes
Restricted Countries
China, Cuba, Iran
Categories
Platform, Cryptocurrency

About CPROP

CPROP is designed to address the most common and major challenges intrinsic to all real estate markets in the world, specifically, inefficiency and lack of security. Our mission is to drive standardization, automation and validation in transactional real estate to enhance operational efficiencies, reduce costs, improve accuracy and reduce risks for all stakeholders. CPROP will become an integrated platform that enables property investors to research, transact with cryptocurrency, and reliably secure and record ownership of their domestic and international property investments remotely.

OPPORTUNITIES UNLOCKED BY CPROP

Due to inherent inefficiencies in today’s transactional real estate, transaction costs can reach 10% or more of the total transaction value and the time required to complete the process can be very long, even excluding the time required to agree on a transfer price. And due to the large sums of money involved, the potential financial downside associated with a flawed process, including post-closing property registration and mortgage documentation, is huge.

These pain points are especially evident in cross border transactions which can suffer from a lack of standardization, lack of transparency, mounds of paperwork, risk of fraud, errors in public records, and a host of logistical challenges associated with getting buyers and sellers together.

  • Redundancy
    Multiple lawyers may be required to perform separate tasks which are mostly repetitive in nature from one transaction to the next
  • Unnecessary Risk Premiums
    Title insurance is often required, especially by US mortgage lenders, to underwrite risks associated with imperfect titles and various types of liens adding an “unnecessary” layer of cost
  • Closed Systems
    Multiple Listing Services (MLS) generally restrict membership and access to licensed real estate brokers and agents which inhibits P2P transactions
  • Risk of Defects
    A variety of documentation-related defects can invade a real estate transaction, whether introduced through malfeasance (i.e. fraud, tampering and corruption) or human error
  • Paper Processing
    Because of the reliance on hard copies, all parties to a transaction (e.g. buyer, seller, each party’s brokers, lawyers and banks, the title company, insurance agents, escrow agent, and relevant local government offices, etc.) have limited access to transaction-related documentation which can result in duplication of effort, documentation errors and a more time consuming, cumbersome and expensive closing process
  • Proximity Challenges
    The buyer and seller may need to be in the same physical location to sign hard copies of closing documents creating potential logistical challenges and added cost
  • Currency
    The buyer may experience difficulty accessing and paying the purchase price in the seller’s currency of choice
  • Misunderstandings
    There can be a heightened risk of misunderstanding among the parties due to the buyer’s unfamiliarity with, lack of proximity to, or inability to read or speak the language of the seller’s jurisdiction

CPROP Roadmap

  • Pre-ICO and ICO (through Mar 2018)

  • - Legal (e.g. SAFT, Singapore incorporation, etc.)
    - Initial alliances identified
    - Launch MVP
    - Deepen advisory team
  • Sept 2017

  • Pre-Initial Coin Offering (ICO) and ICO
  • Detailed design (9 months)

  • - Requirements document for REP integrations
    - Requirements document for MVP enhancements
    - Coding
    - Beta testing
  • Months 1-6

  • Detailed design and Beta testing
  • Read More
  • “Soft opening” (3 months)

  • - Launch web app
    - Debugging and platform refinement
    - Expansion of operational and in-country sales channel partnerships
    - Refinement of post-Phase 3 roadmap and target market
  • Months 7-12

  • Commercial launch
  • Commercial launch (12 months post-ICO)

  • - Intensified marketing
    - Continued expansion partnerships and staff
    - Build operational capabilities
  • > Month 18

  • Conversion of legacy records systems
  • Conversion of legacy records systems (post-ICO; opportunistic)

  • - Work with local government to convert property records to blockchain in selected markets
    - Work with selected lenders to convert mortgage documentation to blockchain

Activity

Posts:
287
MEDIUM
Followers:
9 484
HIGH
Likes:
9 458
HIGH
Followers:
1 688
LOW
Tweets:
331
HIGH
30 Days Growth:
4
Members:
10 931
VERY HIGH
30 Days Growth:
-1125

CPROP Materials

Participation in events

CPROP Team

Verified 27%

Attention. There is a risk that unverified members are not actually members of the team

Adam Koehler
Founder
verified
Sanford Selman
Founder
unverified
Fabiano Távora
Team Member
unverified

2 ICO

$16 000 000

Eric Wang
Team Member
unverified
Saleh Bawazir
Team Member
unverified
Luke Sestito
Founder
unverified
Justin Davis
Team Member
verified
James Spence
Team Member
unverified
Steve Weathers
Team Member
unverified
Nick Selman
Team Member
verified
Jeremy Begley
Marketing team at CPROP
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Jay Fortin
Advisor
unverified
Jon Zinman
Advisor
unverified

CPROP Interviews

Adam Koehler
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am one of the founders. I have a history in real estate where I co-founded a digital real estate transactions platform called dotloop that was acquired by Zillow in 2015. I bring this experience to CPROP where my team and I plan to leverage blockchain technology to streamline real estate transactions and speed to close.
Justin Davis
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Lead Architect
Nick Selman
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I assist in marketing and content creation for the CPROP team

CPROP Last News

3.69
stable
5.0 19
ICO Profile Vision Activity Potential Product Team
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