[ANN] ZUZ Token - Token backed by real estate that you can use.
ZUZ is a new ERC20 token that can be used for storing, trading or exchanging and whose value
is backed by the joint ownership of real estate, allowing investors to also vacation in the portfolio
properties according to set rules and regulations. Investors have the ability to liquidate the ZUZ
tokens on the open market at any time.
The sale of ZUZ tokens will help fund the purchase of real estate properties around the world,
with the first project scheduled for Costa Rica. These prime real estate properties have already
been constructed and there is no further need for development.
These resort-style properties won’t be rented to the general public, but will be available to ZUZ
token contributors to use personally for leisure activities and are available each year for the
next 15 years after which, they will convert to mass market, real estate rental units and token
owners will receive the dividends., The arrangement is similar to a time share plan, except token
owners don’t pay out of pocket for a unit, nor contribute to maintenance fees if they decide not
to use the property.
The main benefit of this program is that you get to invest in real estate that has been historically
proven to hold its value and beat inflation and economic downturns, while receiving the
opportunity to vacation in desirable housing that is located around the world...
What is the ZUZ Token project?
The ZUZ Token Project focuses on acquiring a number of luxury properties around the world in
countries such as: Costa Rica, Portugal, Japan, Australia and others so that investments in
coins are backed by those real estate and allowing for the opportunity to in the properties that
become part of the investment portfolio.
What is the origin of the name ZUZ ?
A Zuz (Hebrew-זוז ;plural zuzzim Hebrew-זוזים (was an ancient Jewish silver coin struck during
the Bar Kochba revolt, as well as the name for other kinds of non-Jewish l silver coinage which
was used before and after the period of the revolt.
Is there an investment risk?
Any investment involves risks, but we are minimizing most of the risks since the tokens you hold
will be backed by the real estate assets that we collectively own so essentially, if the majority of
investors decide, exit is possible to liquidate all of the real estate assets and return the money to
the ZUZ Token owners.
Why do you want to raise only $950,000?
The investment limit is to protect investors, money. Some companies decide to raise tens of
millions of dollars from the start for something that might not work. We only aim to raise 950k
because this project will be tested and go live within 2 months after the token sale ends, so
there is no reason in raising larger amount of money at the initial stage. If the first project turns
out to be successful, then we will sell more tokens to fund more projects, using the same
cautions model.
How can we track our investment?
a) You will be able to easily track and trade tokens through all the major exchanges.
b) The ZUZ website and mobile app will be constantly updated, including real estate
transactions and posting links to the national registries where you will be able to validate
the company name and associate it with the real estate purchase, and the availability of
booking.
Does the ZUZ Token Program already have assets?
No. The first offering to the public and resulting coin sale revenue will be used to purchase a
villa in Costa Rica. When the token sale is successful and we get positive feedback from the
community, we will then sell more tokens to fund additional projects in other countries
Who will have access to the, annual, 1-week vacation time at a property(s)?
Investors who own at least 75,000 ZUZ or more will be eligible to book a one week vacation at
any of the projects we develop.
How will token holders choose their vacation dates?
Occupancy will be based on availability and, investors will be able to book up to one year in
advance if they wish using the booking app.
What if I own less than 75,000 ZUZ ?
If you own less than 75,000 ZUZ or you are not in the top 54 investor-tier, you will still benefit in
the ownership of ZUZ tokens that are backed by real estate assets. Your ZUZ tokens can still be
exchanged on major exchanges and sold for profit. You will also be able to book to stay of 5
days in any of the properties based on availability with priority going to the top 54 investors.
How many coins will the company issue in the ICO?
The company will sell 5,000,000 (5% of total supply) coins in the initial release that will be held
in August. The purpose of the initial token sale is to purchase of the first property in Costa Rica
and test the viability of the model.
How many coins does the company have?
The company has a total of 100,000,000 Tokens. So that the initial sale will constitute 5% of the
gross coinage value, with all other real estate purchases also equaling approximately 5% of the
value of total coins available for issue.
How are the properties maintained & are there any yearly fees?
Unlike traditional time share arrangements, you don’t pay yearly fees. You contribute the
equivalent of $300 if you decide to use the property for a one week vacation yearly. If you opt
out of booking a stay, no fee applies.
When will I be able to book a stay at a ZUZ property?
Within two months after the first token sale.
When and where will be the 2nd project and the 3rd be developed?
The second project is planned to be along the coast of Portugal, but will only be executed if the
first project is successful which will be measured by the token sale process, the use of the
properties, and the continued viability of the project for our investors. If the second project also
proves to be a success, a third property purchase will be initiated, and so on.
