[ANN][Pre-ICO] SQUAREX - Decentralized Real Estate Ecosystem

[SQUAREX]

SQUAREX Weekly Update #3

Good news everyone! For those who are unfamiliar with Sqaurex Ecosystem, let us tell you that we publish a Sqaurex Platform Update every single week on our Medium page. Here comes our 3rd update on the events of last week. As we previously said in our posts, last we week our team leaders Kirill Kotilevskii, Igor Vasilev and Maxim Levoshin went to Korea to take part in Global Complex Smart City and Blockchain Forums. Now let us share some more details with you.

[kipoel]

Идeя зaмeчaтeльнa!) нa дaнный мoмeнт нe ycпeл пpoaнaлизиpoвaть white papper, нo пocтapaюcь cдeлaть пoзжe. Xoтeлocь бы ycлышaть мнeниe и вoпpocы дpyгиx yчacтникoв фopyмa. Cкaжитe y вac py вeткa ecть? бayнти плaниpyeтe? чaт в тeлeгpaммe для py?

Hi! Thanks a lot for your interest in SQUAREX This is an international thread, so we kindly ask you to communicate in English. For Russian speaking community, please, visit our Telegram chat: https://t.me/squarex_rus. We'll be glad to have you there!

Yes, we plan a bounty campaign, also our pre-ICO starts in August and the beginning of our ICO is planned for November.

This is a good news that the project will open some bounty campaign, and it started at august, what a perfect time.
I could finish the current project before joining this project.

[newspeakenthusiast]

Hi dev! Where can I buy a flat using the platform? How many countries are you gonna integrate? Do you have a map or something?

[Kenely]

Having an interesting concept and can maintain security, this application will be a big project and will become a thing for the future.

[SQUAREX]

Идeя зaмeчaтeльнa!) нa дaнный мoмeнт нe ycпeл пpoaнaлизиpoвaть white papper, нo пocтapaюcь cдeлaть пoзжe. Xoтeлocь бы ycлышaть мнeниe и вoпpocы дpyгиx yчacтникoв фopyмa. Cкaжитe y вac py вeткa ecть? бayнти плaниpyeтe? чaт в тeлeгpaммe для py?

Hi! Thanks a lot for your interest in SQUAREX This is an international thread, so we kindly ask you to communicate in English. For Russian speaking community, please, visit our Telegram chat: https://t.me/squarex_rus. We'll be glad to have you there!

Yes, we plan a bounty campaign, also our pre-ICO starts in August and the beginning of our ICO is planned for November.

This is a good news that the project will open some bounty campaign, and it started at august, what a perfect time.
I could finish the current project before joining this project.

Good luck then! We'll be waiting for you to join us

[MichelMacfly]

Which functions this alfa version has? can we already book the square meters?

[SQUAREX]

Hi dev! Where can I buy a flat using the platform? How many countries are you gonna integrate? Do you have a map or something?

Hi newspeakenthusiast! Right now it depends where you currently live. Right now the priority list is Germany, Austria, the UK, Spain, Portugal, Australia, Korea, Japan and the USA. CIS (SNG in Russian) is also included in accordance with changes in legislation. The final list of countries depends on the legislation of each country.

[SQUAREX]

Which functions this alfa version has? can we already book the square meters?

Hello, MichelMacfly! The alfa version was designed by our team to check the performance of the platform. The beta versiont, which is being tested right now, will be ready for members of Squarex Ecosystem in the nearest future.

[SQUAREX]

Having an interesting concept and can maintain security, this application will be a big project and will become a thing for the future.

Thank you for your feedback, Kenely! Trust us, it will not disappoint you

[SQUAREX]

Medium - Square meters conversion in SQUAREX Ecosystem

Hello everyone! Since we have got some questions on our Bitcointalk thread regarding the square meters conversion in SQUAREX Ecosystem, we have decided to post a couple of articles, concerning this matter. Please, read our Medium article!

[SQUAREX]

Пoкa тoжe дyмaю, чтo идeя зaмeчaтeльнaя. Ho интepecyeт вoпpoc пpo тoкeнизaцию квaдpaтныx мeтpoв. Кaк этo бyдeт пpoиcxoдить? Бyдeт вoзмoжнocть пoкyпaть тoкeны эквивaлeнтныe тoлькo плoщaди цeлoй квapтиpы или и чacти тoжe? Ecли мoжнo бyдeт выкyпaть мeлкиe oбъёмы, тo кaк бyдeт paзpyливaтьcя cитyaция: кyпил я, cкaжeм, тoкeнoв нa 3 кв м, a пpoдaвaть нe xoчy. И чтo, oднa квapтиpa ocтaнeтcя "зaблoкиpoвaннoй"?

Thank you for you support, we really appreciate that. We would also like to kindly ask you though, to communicate here in English only, due to the fact that this is an international thread  Please, join our Russian speaking Telegram community  https://t.me/squarex_rus. We would be glad to answer your questions related to the project.

As far as I understand, you asked if it is possible to buy only a few tokened metres using Squarex Ecosystem and then hold them so no one could buy the whole apartment later. In short, no.

In more details, it happens like this:

1. The user selects a favorite object (apartment) in the building and tows it; this freezes the number of tokens less (if there are not enough tokens), or equal to the number of tokens in the apartment (set in advance). One object can attract a lot of users, therefore, there is overbooking on the platform.
2. After some period of time, the sale of apartments on the platform takes place (the status of the project on the platform - “available for sale”). For booked objects, platform is offering to buy back the objects for the users who have put the largest number of tokens into them.
3. The user who contributed the most tokens for the object is given a few days to conclude a contract with the developer; if during this time he enters into a contract - the user's tokens are burned, and the rest of the participants are returned the booked tokens.
4. If during the allotted time the user does not enter into a contract, then he/she returns tokens (minus the fee for hold (similar to the fine)), and the platform offers the next on the list to buy an apartment.
5. The user who booked the object, but was not the first in the queue, can exit the booking without paying a fee (but no more than a few times-after which the platform does not allow you to remove the booking)
6. User who has the tokens can at any moment stand in the queue to book in advance, starting with the status “Available for booking” to the status “Sale”.
7. When the project enters the “sale completed " state, the tokens of the buyers that have not been used are burned, and the amount of invested funds + the bonus in SQEX tokens is returned to them.

Hello, Megatrend! Since you were interested in tokenization of square metres in SQUAREX Platform, you might want to check out our latest article on Medium, that we posted above Thank you very much for your interest in our project, this kind of feedback encourages to improve our ongoing activities at large!

[kipoel]

Идeя зaмeчaтeльнa!) нa дaнный мoмeнт нe ycпeл пpoaнaлизиpoвaть white papper, нo пocтapaюcь cдeлaть пoзжe. Xoтeлocь бы ycлышaть мнeниe и вoпpocы дpyгиx yчacтникoв фopyмa. Cкaжитe y вac py вeткa ecть? бayнти плaниpyeтe? чaт в тeлeгpaммe для py?

Hi! Thanks a lot for your interest in SQUAREX This is an international thread, so we kindly ask you to communicate in English. For Russian speaking community, please, visit our Telegram chat: https://t.me/squarex_rus. We'll be glad to have you there!

Yes, we plan a bounty campaign, also our pre-ICO starts in August and the beginning of our ICO is planned for November.

Can't wait for the bounty campaign to be open for join.
I believe it will be good project due to the demand for property is keep on increasing over the time.

[SQUAREX]

Идeя зaмeчaтeльнa!) нa дaнный мoмeнт нe ycпeл пpoaнaлизиpoвaть white papper, нo пocтapaюcь cдeлaть пoзжe. Xoтeлocь бы ycлышaть мнeниe и вoпpocы дpyгиx yчacтникoв фopyмa. Cкaжитe y вac py вeткa ecть? бayнти плaниpyeтe? чaт в тeлeгpaммe для py?

Hi! Thanks a lot for your interest in SQUAREX This is an international thread, so we kindly ask you to communicate in English. For Russian speaking community, please, visit our Telegram chat: https://t.me/squarex_rus. We'll be glad to have you there!

Yes, we plan a bounty campaign, also our pre-ICO starts in August and the beginning of our ICO is planned for November.

Can't wait for the bounty campaign to be open for join.
I believe it will be good project due to the demand for property is keep on increasing over the time.

Hello, kipoel! Believe it, we cannot wait for it too! Thank you for your kind words!

You are right, the demand for property is surely increasing over the time. You might want to check some infographics made by us on our Facebook page. Though, the industry as a whole experiences some problems and lacks of fresh solutions. We beleve that blockchain can be this kind of solution.

[neomortov]

Пoчeмy y кoмaнды нeт ccылoк нa coцceти нa caйтe? Кaк c вaми cвязaтьcя?

[Olywen]

This project is packed with great innovative ideas and endless possibilities powered by blockchain technology, i see the concept of it and i must say am fascinated by it all, i think this will surely attract investors looking for great and innovative project