Fortem Capital is putting together a digital platform using the blockchain technology to enable investors access to a market rich in attractive investment opportunities. Investors holding Fortem Capital tokens (FCQ) will be able to utilize our dedicated Fortem Capital transaction platform. Through the platform, investors will receive profits when a renovated property is sold. IEO offered by Fortem Capital is based on tangible assets. The purpose of our own IEO is to raise funds for our platform Fortem Capital and the development of selected projects. An investor will be able to enter into a trust agreement thus taking on a desired percentage of shares of a property to be further resold. The investor will know from the start the projected return on their investment. The process from the acquisition a property through its renovation and culminating in its further reselling is overseen by Fortem Capital in full. When a property is sold, the investor receives their share in cryptocurrency and their return depends on the final property selling price. That price should not be lower than the projected total return. As part of the first stage of the IEO, Fortem Capital selected a number of real estate projects. Their aggregate worth (including the cost of construction/renovation but excluding investor and company fees) stands at $35 million.
The FCQ token will be based on the ERC-20 protocol, which means it will becompatible with digital assets based on the Ethereum network. The total supply of FCQ token is 210 000 000.00 FCQ units and this number will not change over time. The initially sold tokens FCQ will remain the only ones that will ever appear on the primary market. After finalising the IEO, people interested in our project will be able to buy tokens only from people who had acquired them during the first offer.