ReitsChain—Issuing Entrance from Financial Assets Market to Digital Assets Market
Official Website:https://reitschain.com/
Whitepaper Download：https://raw.githubusercontent.com/REITs-Chain/white-paper/master/ReitsChain%20Whitepaper.pdf
Introduction
The mission of ReitsChain in the development of digital assets market from the perspective of the stability in digital asset investment environment is to create a quick access from real financial assets market to global digital assets market through the transformation of block-chain underlying technology, as well as seek the approach for the prosperity of global digital assets market.
Background
Blockchain technology created not only the concept of digital assets, but also the legend of global digital asset market. According to the latest data in Mar. 2017, the market value of global digital assets has reached USD 90 billion, and 24-hour trading volume exceeded USD 3.4 billion, while the market value increased by 50 times in 5 years, current active investors are over billions.
Challenges in the Development of Digital Asset Market
(1) Large-scale digital asset suppliers have not joined.
(2) Diversified digital asset investment products have not existed.
(3) High-speed digital asset distribution channels have not generated.
(4) The popularity of digital asset blockchain technology is to be transformed.
As a result, ReitsChain came out. It will eliminate those four major obstacles for large-scale development of the digital asset market, moreover, it is an asset polymerized blockchain based on real property and financial assets in accordance with national laws and regulations. It will become an important channel for actual financial assets issuing in digital asset market. Furthermore, as the blockchain, it supports the manufacture of credible digital asset products, and attracts more moderate digital asset investors.
Technical Transformation Plan
(1) The multi-asset end on non-interference single chains
(2) The strict real-name access
(3) Private key recovery
Equity Token of ReitsChain – RTS Parameter
We will issue 35% of the future income right of the ReitsChain as its token RTS that will own 35% of total income right in the future. (We expected that the remain 65% of the future income right would be the cost for Reits team in technology development, product promotion and legal construction, etc.)
The total amount of RTS is 35 million.
ICO Details
ICO Date：2017/6/16 13:00—2017/7/8 13:00 (22 days)
ICO Payment：BTC/ETH
Total Token Number：35,000,000 RTS
ICO Number：12,000,000 RTS
ICO Token Distribution: ICO365——4950,000 RTS BITOUZI——4050,000 RTS ICOGOGO——3000,000 RTS
ICO Marketing Plan
Marketing Period
Early Bird(16/6/13:00-17/6/13:00) 1BTC=7500RTS 1ETH=675RTS
Frist Week(17/6/13:00-24/6/13:00) 1BTC=7000RTS 1ETH=630RTS
Second Week(24/6/13:00-1/7/13:00) 1BTC=6500RTS 1ETH=585RTS
Third Week(1/7/13:00-8/7/13:00) 1BTC=6000RTS 1ETH=540RTS
The total number of RTS ICO is 12,000,000 without the specific threshold. Unsold RTS will be ReitsChain community development fund.
The Allocation Plan of RTS
29.57%——Bonus for early supporters
34.29%——ICO of RTS
28.57%——Community Development Fund
7.57%——Reserve by the team
Timetable of Milestone
5/2017 Beta test of ReitsChain
6/2017 ICO of ReitsChain
8/2017 The termination of Beta test, main net launch, RTS issuing
Listing RTS on Chinese exchange
10/2017 ReitsChain Community v1.0 publicity, transfer the sovereignty to ECC
The pilot issuing for the first financial asset
12/2017 Complete technical solution and launch
Complete the ICO for the first financial asset and listing on the exchange
Begin to recruit the Authy alternative members
2018 Continuous brand promotion and business cooperation
Launch ECC to select Authy members for the first session, update the Community v 2.0
Overseas expansion of ReitsChain
RTS Team
Reits team consists of several talented and professional people in blockchain industry，its core team members are listed as below:
Yan Zhi, originator, he is in charge of Reits framework as the team leader with over 10-year financial IT industrial background and having 3-year digital coin and management experience in blockchain technology and product, long-term operating in internet financial products as a successful entrepreneur.
Zhu Yaozong，originator，he is in charge of Reits technology development with 15-year IT industrial background and having over 10 software products mass producing experience, who was the technical director for TI and MOTO high tech companies. He is proficient in software system theory and framework.
Liu Jian, originator, he is the financial advisor and CPA, in charge of law and institutional improvement with over 10-year financial experience in global real estate. He was the COO of global real estate industry of Greater China Region in UBS operating and managing domestic and overseas investments with over 2-billion funds.
Lin Xiaoxiao, she is in charge of Reits financial business, who was the assistant to the president and the manager of strategic investment department in Anbound Group involving several large-scale cross-border M&A, such as CMBC, Century Securities Inc, Japan INC Life Insurance, etc.
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