[ANN] Prime-Ex Perpetual - Bringing Real Estate Profits to YOU!

[spiderlee]

Prime Ex has the very nice offer to all who invest in there token,, this project will really disrupt  real state industry, I believe on this project  and a lot of investors gonna buy on this token on pre sale,,

[1715135380]

1715135380

[1715135380]

1715135380

[spiderlee]

imagine 80% of the company earning will be given to all token holder,, that's a big RIO, I think only few can do investment project can do that,, That is why I can say this project is very awesome

[ahrimanbro]

imagine 80% of the company earning will be given to all token holder,, that's a big RIO, I think only few can do investment project can do that,, That is why I can say this project is very awesome

that'll be a big fat zero when nothing is on the pipeline, no partnerships no discussion, zilch.

[Prime-Ex Perpetual]

imagine 80% of the company earning will be given to all token holder,, that's a big RIO, I think only few can do investment project can do that,, That is why I can say this project is very awesome

that'll be a big fat zero when nothing is on the pipeline, no partnerships no discussion, zilch.

I don't understand the point that you're trying to make regarding partnerships or discussion, but I'm happy to discuss.  I for one hope you're wrong about the big fat zero part, infinitely more times than you.  I'm a token holder!  We've been doing this for a long time.  The chances of zero are zero

[Bowtiesarecool]

hei dev. where is the spreadsheet for tester last time? thanks

Spreadsheet? Is there any need for that? You can personally see if your post/links has been approved or not on the bounty portal. Based on that, you should be able to calculate your stakes.
BTW, nice to see the issue with the portal resolved. Team was very quick and prompt to response to the mail I sent them

[kchulani]

Oh wow, thank you for your response Prime-ex. From your answer, I just want to make sure I am getting this right. It seems like you can sort of create your own Time share in a way? It's true most of the expats are the thrill seekers and there is a lot of Eco-Tourism and repeat tourists to Panama, hence I think time shares could be a popular concept that can maybe be utilized by the platform itself where the people who "rent" can pay their fee's in PEX Tokens and keep the circulation within the Prime-ex Eco system? Is that a possibility?

[kerberox]

Hi Prime-Ex,

I've now read your whitepaper a few times. Help me understand something. You claim that you will generate demand for the PEX-Token with a rate discount to your home buyers. Can you ellaborate? This means that people can actually pay mortgages in PEX-Tokens? Is that so? BTW, cool videos in the website.

Do you happen to have any economic data about Panama by any chance? I would be curious to know the influx of foreigners in the country.

I'll do some digging as well.

This is a concept that banks employ all the time.  Banks want their customers to sign up to autodraft their mortgage payments so that delinquency percentages go down.  To affect their customer behavior they incentivize their customers by giving an interest rate discount if they will do autodraft, which lowers the customer's monthly payment.

We're doing the same thing by giving our customers an incentive to pay their mortgage payment using our PEX-Token, which positively affects demand for our token in the open exchanges.

Yes, I understand the concept behind the rate discount. In 125 homes (from your WP), how much trading volume can you estimulate for PEX-Token coming from mortgages?

Panama Economic Data > Don't forget about this one.

[Prime-Ex Perpetual]

Oh wow, thank you for your response Prime-ex. From your answer, I just want to make sure I am getting this right. It seems like you can sort of create your own Time share in a way? It's true most of the expats are the thrill seekers and there is a lot of Eco-Tourism and repeat tourists to Panama, hence I think time shares could be a popular concept that can maybe be utilized by the platform itself where the people who "rent" can pay their fee's in PEX Tokens and keep the circulation within the Prime-ex Eco system? Is that a possibility?

I don't want to use the word "time share".  There will be no other ownership structure outside of the individual Panamanian S.A.s that we set up for each individual home.  Each home will be owned inside of an individual S.A., and the shares of that S.A. will be transferred to the new owner and held in escrow by an escrow firm. 

Owners can decide to use their property however that they want, and if they choose to do long term rentals or vacation rentals, Prime-Ex will still be involved in the maintenance of those properties, and the owners themselves can choose to be paid rental fees in whatever payment method that they want, up to and including being paid in PEX-Tokens if they so choose, which would be a great way for our homeowners to become PEX-Token holders.

[Crazymoon]

Hello,

I have a few questions to ask.

1. When is your company established? (date)
2. What is the maximum funds to be raised during pre-sale? I know total token supply during pre-sale is 750,000.
3. I found very little information about Tim Walters (one of your advisors). Does he have a LinkedIn profile? Or maybe you can tell me about his education?
4. Do you plan on making a slack or telegram channel?
5. Is the price of the token on pre-sale the following?

If 1 PEX = $1

Day 1-2 = 15% bonus

If 1000 PEX + 15% = 1,150 PEX = $1,000

Day 3-7 = 12% bonus

If 1000 PEX + 12% = 1,120 PEX = $1,000

Week 2 = 10% bonus

If 1000 PEX + 10% = 1,100 PEX = $1,000

Is my math correct for the bonuses? During 15% bonus you get 1,150 PEX which if you buy during crowd-sale it will cost you $1,150 and if you buy during pre-sale it will cost you $1,000 and you get (bonus) 150 PEX?

Regards Dimitar,

Hi Dimitar,

Thanks for reaching out to us!  I'll answer your questions honestly and to the best of my ability.

1.  Company was established formally I believe May of this year.  The project as a concept has been in the making for well over a year, in the 15 to 18 month range.

2.  Goal of the pre-sale is to raise awareness and give away tokens.  The sooner people buy the less we'll raise.  For example, if people max out the bonus tokens on day one then we will have raised $5,000,000 in USD equivalent tokens.  If nobody buys until day 10 then and then all of the sudden the bonus tokens are exhausted we will have raised $7,500,000 in USD equivalent tokens during the Pre-ICO.  The overall goal of the project is to raise $25,000,000 tokens while giving away 1,000,000 tokens in the Pre-ICO bonus and bounty campaign combined, and hopefully, that's what we'll do.

3.  Tim is a senior software architect for a Fortune 500 company.  He's also the technology parter of the MonsterByte project, a recently completed casino ICO.  He's helped us out with our technology regarding escrow of tokens and creating a payment gateway that's acceptable to our legal team from a fiduciary perspective.  He has no day to day influence in our operations but I'm sure we'll see each other from time to time after our offering is over.  Maybe we'll pull him from his Fortune 500 gig one day!

4.  Slack channel / Telegram.  We've thought about it.  Since we're more of a dividend token play I'm not sure what meaningful part a slack channel or Telegram account would play.  

5.  Price of the Pre-ICO involves bonus tokens in addition to your purchase, not discounted token prices.  On day 1 of the Pre-ICO, a person purchasing $100 USD-equivalent of PEX-Tokens will receive 115 PEX-Tokens due to the 15% bonus.  Day 10 purchasers would receive 110 PEX-Tokens with their 10% bonus.

6.  None of us are big fans of LinkedIn.  I'm sure if you check there may be some data gathered up from around the internet, but I don't think I have a formal LinkedIn account.  Theresa might because she's younger.  The only conversation that we've had about LinkedIn is that ICO listings kept asking for a LinkedIn thread so I directed our tech team to make the company a LinkedIn profile.  We've been business executives and entrepreneurs, and nobody's going to do business with us based on our good looks, well except Theresa.  

7.  The purchased tokens will be released to people's individual WAVES wallets sometime in November, after the ICO during our Post-ICO process.  Any unsold tokens may be sold on open exchanges in the future at some unspecified time, but there will be no more PEX-Tokens ever in existence beyond the 30,000,000 fixed supply.  As a WAVES-platform token, the PEX-Token will trade freely on the DEX Exchange.  We would love to have our token trading freely Post-ICO on platforms such as Poloniex and Bittrex.  We've emailed them with no response, probably because we're still early in the process, but as we move forward we'll make decisions such as this to the benefit of our Token Holders.  We're Token Holders too after all.

Hope that helps!

Hello,

4. Slack or Telegram channel is useful and a quick way of getting information about the ICO, that way you can be in close touch with all investors or people that want to invest in.
6. Most people compare LinkedIn with Facebook or Twitter, but why most people use it, is for managing your professional identity, like build up your profile from scratch by showing your history of work, education, academic achievements, it's not to show who is the most beautiful person in your team, it's basically a business platform.
We've been business executives and entrepreneurs, and nobody's going to do business with us based on our good looks, well except Theresa.  

In fact we want to see with what kind of people we are dealing with, we want to see your team bio, like I mentioned above. I have been researching about your team for the past 2 days on Google or any of the social platforms and I found results ONLY for Jonathan Millet, Luis Cordero and Theresa Schwark. I couldn't find a single thing about Ulrich Schwark, John Gilbert and Tim Walters (Well since Tim have been with MonsterByte it's familiar to me right now). What about the 2 main people Ulrich Schwark, John Gilbert.
I would like to know more about Ulrich Schwark and John Gilbert. Like what's their education, do they have any academic achievements also is Theresa Schwark related with Ulrich Schwark (since they both have the same last name)?

While researching I found the phone you've added on your site (+1 833 PRIME-EX (774-6339), that is the same with the phone that has https://newworldcapital.global/

To me the entire concept looks awesome but with such a shady information like no social profiles of your team, having the same phone number as https://newworldcapital.global/ isn't looking good to me.

I've read the entire white paper, didn't saw a partnership in the roadmap. Any plans on that?
Will you release more information on who are the developers who are developing the token? Because so far we only know information about the co-founders/CEO.

Best regards,

[Prime-Ex Perpetual]

Hello,

4. Slack or Telegram channel is useful and a quick way of getting information about the ICO, that way you can be in close touch with all investors or people that want to invest in.

Those are indeed probably useful.  Between now and the formal ICO launch maybe we can get those up and running.

6. Most people compare LinkedIn with Facebook or Twitter, but why most people use it, is for managing your professional identity, like build up your profile from scratch by showing your history of work, education, academic achievements, it's not to show who is the most beautiful person in your team, it's basically a business platform.
We've been business executives and entrepreneurs, and nobody's going to do business with us based on our good looks, well except Theresa.  

In fact we want to see with what kind of people we are dealing with, we want to see your team bio, like I mentioned above. I have been researching about your team for the past 2 days on Google or any of the social platforms and I found results ONLY for Jonathan Millet, Luis Cordero and Theresa Schwark. I couldn't find a single thing about Ulrich Schwark, John Gilbert and Tim Walters (Well since Tim have been with MonsterByte it's familiar to me right now). What about the 2 main people Ulrich Schwark, John Gilbert.
I would like to know more about Ulrich Schwark and John Gilbert. Like what's their education, do they have any academic achievements also is Theresa Schwark related with Ulrich Schwark (since they both have the same last name)?

Sorry, we don't have LinkedIn profiles.

For me, relevant information pertaining to this project is a Series 7/66 Licensed Financial Advisor with Wells Fargo Advisors, escrowed/lapsed.  Commercial Lender III Community Trust Bank, Kentucky's largest domiciled regional bank.  Kentucky Area Manager Guardian Savings Bank.  Owner, Freedom Mortgage Consultants.  Founder/Co-Owner, Precision Wall Systems, one of Kentucky's larger foundation sub-contractors.

Ulrich and Theresa are father and daughter.  Theresa has been an integral part in helping to manage their family's large construction business.   

While researching I found the phone you've added on your site (+1 833 PRIME-EX (774-6339), that is the same with the phone that has https://newworldcapital.global/

Yes, indeed!  New World is our marketing entity for Panama.  This is a vital and integral part of our proof of concept.  While in Panama we will serve as our own third party provider, it is envisioned that as Prime-Ex Perpetual grows beyond the boundaries of Panama that we will partner with non-related third-party providers.  Obviously, the relationship between the owner of the homes, Prime-Ex Perpetual, and our service providers, in this case New World, has to be rock solid.  A major part of the proof of concept is "fleshing out" how this relationship evolves, in both form and function.  It is necessary for Prime-Ex to be able to maintain control as the owner.  It is necessary for third-party providers to be able to make day-to-day decisions in their coverage area.  How this is handled needs to be contracted.  Rather than hope and dream that we get it right the first time with people not related to the Prime-Ex Perpetual project, we will operate as both of these entities ourselves, so that in the future, when the project expands beyond our local territory, the policies and procedures of how exactly everything works and whom exactly is responsible for what is firmly spelled out.  There is nothing at all weird about this, and if you watch the video located at the New World website it speaks very openly about being a Prime-Ex Perpetual Participating Partner.  This is all part of the plan.  While the website is in place, we have not marketed it as of yet because we have no homes for sale as of yet, and we want to know the success level of the ICO before we start spending marketing dollars on actually selling houses.  Just know that the plan is in place to proceed forward to do just that, and part of that plan includes New World as a Prime-Ex Perpetual Participating Partner.
 

To me the entire concept looks awesome but with such a shady information like no social profiles of your team, having the same phone number as https://newworldcapital.global/ isn't looking good to me.

I disagree completely with your "shady" comment.  That is not now nor has ever been our intent.  We want to change the way that homes are built and sold and we have the experience to make it happen.  There are quite a few shady plays in the crypto world but we're not one of them.  The fact that you may not agree with our LinkedIn level of use doesn't make our project "shady".  Microsoft doesn't need to know everything about us for this project to be viable.  New World doesn't have an office yet as we're not building houses yet.  We used our own phone number, Prime-Ex's phone number, to place-hold the number for the website.  That doesn't make us shady in any way, I think that it makes us transparent!

 

I've read the entire white paper, didn't saw a partnership in the roadmap. Any plans on that?

What do you mean by a partnership? 

Will you release more information on who are the developers who are developing the token? Because so far we only know information about the co-founders/CEO.

Best regards,

There is no developer of our token per-se, because we're a WAVES token.  WAVES has already been created and developed, and the technology for WAVES is freely available.  Our PEX-Token is a dividend token built on the WAVES platform.

[EllaPonchik]

Why did you choose the WAVES platform? Do you think it is better than other platforms?

[Prime-Ex Perpetual]

Why did you choose the WAVES platform? Do you think it is better than other platforms?

We chose WAVES because their DEX wallet features a fast and secure graphic interface, requires no sophisticated blockchain knowledge or blockchain downloads, and it's user friendly.  This will be important for us when home buyers start paying their mortgage payment in PEX-Tokens.  We like how it's set up for users to deposit and withdraw multiple currencies and fiat coins, and how the DEX platform itself is decentralized.

Do we think it's better?  We think it's great, we think it's safe and secure, and we think it's user friendly.  At the end of the day, after exploring many different platforms, this is the platform that made the most sense for us.  Hope that helps!

[Stavri]

One of the core Waves missions is to enable any business with development prospects, regardless of its size and geographical location. Prime-Ex will be stronger using Waves platform. It is the best choice for this ico.

[kchulani]

I am really happy to hear that the platform is so flexible and allows owners to make the decision whether or not they would like to rent out their property or not and still be a part of the Prime-ex Eco-system. I think it plays a good role in networking the system and getting the word out. Very creative platform overall. Love it.

[Crazymoon]

Thank you very much for your answers! Now things look really good and much clear. I have 1 more question to ask.

What happens if the ICO fail? People are going to get refund? Any plan B?

[crypto_gab]

I want to reserve French translation please.

[Prime-Ex Perpetual]

Thank you very much for your answers! Now things look really good and much clear. I have 1 more question to ask.

Thank you, Crazymoon.  Feel free to reach out anytime.  You will always get a response back just as soon as BitcoinTalk lets me post

What happens if the ICO fail? People are going to get refund? Any plan B?

ICO fails if we do not sell 2,500,000 PEX-Tokens.  At this point, by all indications, this is now thankfully unlikely to occur.  We've had several large buyers reach out to us indicating their intention to make larger volume purchases.  If this holds true then my answer becomes immaterial.  But to answer your question, should the ICO not be minimally funded with a sale of 2,500,000 PEX-Tokens, then buyers will be refunded less transactional fees, all of which are clearly spelled out in our Terms.  The minimal sale of 2,500,000 PEX-Tokens gives us sufficient funds necessary to begin our proof of concept, albeit on a smaller scale.  Funds would then be raised in the future from our fixed token supply of remaining PEX-Tokens from the standpoint of a company in the middle of various stages of home builds and buyer placements into our ecosystem.

[kchulani]

I always like to start off on a Optimistic note. a fair question still. But I think overall the concept is very promising. There are a lot of components and if executed properly it will be a great success.
Looking forward to it.

[Prime-Ex Perpetual]

In 125 homes (from your WP), how much trading volume can you estimulate for PEX-Token coming from mortgages?

I assume your question is with regard to how much demand the mortgage payments being paid in PEX-Tokens will affect the demand of PEX-Tokens?  That's an almost impossible question to answer because nobody can tell you today what the value of our PEX-Tokens will be in six months, much less six years into their history.  What I can tell you is that a hundred thousand dollars USD equivalent of PEX-Token demand being purchased from our existing PEX-Token holders by homebuyers for our ecosystem consumption is a lot better scenario for the value of our PEX-Tokens than would be no organic demand at all.

Panama Economic Data > Don't forget about this one.

You have to research ECLAC data to begin to understand the impact that foreign investment has on Panama.  At first blush the numbers appear depressing, as foreign investment is down for this segment as a whole from recent years past.  When Panama is isolated from the group, however, things begin to brighten up quite a bit.  While foreign investment in Central America was up just 3.7 percent from 2015/16, or in other words not keeping up with the rate of inflation, foreign investment in Panama is up a massive 15.9 percent from 2015/16, and foreign investment into Panama today has tripled from the numbers in 2009. 

https://www.cepal.org/en/pressreleases/foreign-direct-investment-toward-region-continues-downward-trend-and-totals-167043

It seems that the world is betting on Panama, as nearly 40% of the foreign direct investment into Central America is represented in the $5.2B Panama investment.  Stable government, improving infrastructure, tourism destination, being the banking and shipping center of Central and South America all factor in to reasons why Panama is a smart investment opportunity, over and above the obvious advantages that the Canal factors in. 

How does all of this play a role in Prime-Ex Perpetual being able to sell its houses?  It doesn't play a role at all, other than that expats want to come here and our purchase package is the obvious first choice in every conversation.

[kchulani]

Data never lies, I guess just the fact that the demand for expats wanting housing says enough. I know I love panama because of that heavy trade of course you can get good deals on product.
Well I'm glad a lot of people won't have to be dealing with banks to get a loan.