Sosnovkino (SNK) ICO Rating, Reviews and Details

Jul 26, 2017

Aug 26, 2017

100% completed

$786 390

2% goal completed

8 900.00 ETH

past

1 SNK

=

10 USD

Token Details

Ticker

SNK

Company Details

Registered Country

Russia

About Sosnovkino

MODERN INVESTMENT PROJECT IN CONSTRUCTION INDUSTRY BASED ON BLOCKCHAIN TECHNOLOGY

Organized for the construction industry, based on a real land asset.
Stable, innovative and reliable blockchain product.
Total control over and transparency of the project with the aid of the Blockchain Vote Technology.
Quarterly payment of dividends to the personal account of a token holder in the selected cryptocurrency (Bitcoin, Ethereum or Litecoin).
The opportunity to become a co-owner of the development company.
Over $3,000,000 of tangible assets already in the project.

INVESTMENTS IN ENGINEERING INFRASTRUCTURE

Real estate has been the most popular way of investment for hundreds of years. Leading specialists can make a profit of hundreds of per cent on projects, in contrast to ordinary non-specialized investors whose income can be comparable to the deposit rate in the bank.

The Sosnovkino project is a land area. We invest in the infrastructure which will be built in 2018. According to Zurich LLC appraisal, the increase in the cost of the asset at the time of engineering systems construction will be 600%.

PROJECT ADVANTAGES

Sosnovkino Foundation already owns a land area of 194 hectares with an estimated value of $3,000,000. The amount of required investments to complete the construction of the necessary infrastructure is $2,700,000. The construction will be completed by October, 2018.

270,000 tokens have been released.

Features

- According to founders Investing in Sosnovkino at the stage of ICO will make a profit of 300% with the estimated investment return period is two years
- The land asset is not subject to inflation and volatility of the cryptocurrency, therefore it is a reliable investment tool.
- Investors have total control at all investment stages over operations of the foundation.
- Since December, 2018, after the completion of the construction of the engineering communications, all investors will begin to receive dividends monthly in the selected cryptocurrency on their accounts
- After the end of the project and the sale of all land plots, all engineering communications and roads will remain in the foundation ownership. The income from the exploitation of this property will be annually paid to investors as dividends

Technical Info

Technical details: SNKCoin is a set of smart contracts, built using Ethereum platform and Solidity programming language. Smart contract terms and conditions: • Investor' anonymousness • Dividends distribution • Investments secured by the land asset • Blockchain vote for important managerial decisions SNKCoin also implements EIP20, also known as Standardized Contract API. EIP20 compatibility ensures that integration with exchanges and other services will be no harder than for any other Ethereum-based token. Proof of developer: Public team

Sosnovkino Roadmap

2017-07-26

Token crowdsale (270,000 tokens available). Each token is a part of the company that makes its holder a co-owner. After the completion of the ICO, the tokens can be purchased or sold on the exchange at the market rate.

10.9.2017

The collected funds with the aid of the ICO are put on the Sosnovkino Foundation account in the Cayman Islands.

2017-07-25

2017-09-30

The collected funds with the aid of the ICO are put on the Sosnovkino Foundation account in the Cayman Islands.

30.9.2017

Sosnovkino Foundation provides a loan to the Russian company Sosnovkino LLC which owns the land. Moreover, the Foundation owns 70% of the share capital of Sosnovkino LLC.

2017-09-29

The collected funds with the aid of the ICO are put on the Sosnovkino Foundation account in the Cayman Islands.

2017-10-01

In October, 2017 Sosnovkino LLC under the contract transfers the funds for the construction of gas and water pipelines, electric and central sewage systems.

1.10.2017-30.6.2018

In October, 2017 Sosnovkino LLC under the contract transfers the funds for the construction of gas and water pipelines, electric and central sewage systems. The road works contractor starts construction in June, 2018.

2017-09-30

In October, 2017 Sosnovkino LLC under the contract transfers the funds for the construction of gas and water pipelines, electric and central sewage systems.

2017-12-31

After voting in December, 2017, Sosnovkino LLC chooses a real estate agency and enters into a contract for sale with an established price policy.

12.2017

After voting in December, 2017, Sosnovkino LLC chooses a real estate agency and enters into a contract for sale with an established price policy.

2017-12-30

After voting in December, 2017, Sosnovkino LLC chooses a real estate agency and enters into a contract for sale with an established price policy.

2018-10-30

After the completion of constructions by July, 2018, the roads will be built in the entire territory of the settlement. The construction is planned to be completed by October, 2018.

Project Finish

Funds from the sales are distributed among investors excluding current expenses and remuneration to the project developers. The investors receive income in the selected cryptocurrency.

2018-10-29

After the completion of constructions by July, 2018, the roads will be built in the entire territory of the settlement. The construction is planned to be completed by October, 2018.