After I learned Crowdvilla whitepaper I have a question to ask you. So are you guys fully licensed already? Or is that just the future plan after ico?
As stated on our website, we are working with top legal firms like Allen & Glenhill for Singapore, Kaynex for Japan, DWF for Germany and many more legal counsels in the various jurisdictions to ensure legal compliance. Find out more here:
https://crowdvilla.io/legalWho will own the property, Crowdvilla? Does Crowdvilla already own any real estate, where and for how much? If Crowdvilla is a non-profit organization, then can it engage in commercial activities?
Crowdvilla, a non profity entity in Singapore will own the properties of the portfolio. Crowdvilla will execute the initial token sale in April to use the ETH to acquire the properties for the community usage. Surpluses from running Crowdvilla will be used to acquire more properties, upgrading properties, and other related improvements for the benefit of the Crowdvilla community.
I see that there are going to hotels as well. How many starts?
Depending on the goal reached from the token sale, Crowdvilla will decide the type of apartment, villa or hotel to acquire. As much as possible, Crowdvilla aims to do its best to make every experience great like a 5 stars hotel for its community.
Are you going to have property on every continent? or just on the most well known ones?
Crowdvilla will cover major destinations in the following countries: Japan, China, Hong Kong, South Korea, Australia, United States, France, Spain, Switzerland, United Kingdom, Thailand and Indonesia.
More destinations will be added based on the stretch-goals reached during the token sale.
Stretch-goal 1 reached (amount of 50,000 ETH) – Israel, Taiwan, Italy, Netherlands, Germany, Austria, Denmark, Norway, Canada, Brazil, Argentina, Malaysia
Stretch-goal 2 reached (amount of 125,000 ETH) – Russia, India, Dubai, Vietnam, The Philippines, South Africa, Mexico, Peru, Poland, Turkey, Greece, New Zealand
Stretch-goal 3 reached (amount of 250,000 ETH) - World Wide
What is the difference between CRV and CRP?
CRP is now called CROWD. Each CRV Token represents a share of time-value of use of all properties in the portfolio. CRV Token holders will receive CROWD (Crowd Points) on an ongoing basis, proportional to number of CRV Tokens held and length of holding period. These CROWD can be used at any time to book for actual stays in any of Crowdvilla hotels and holiday properties.
Is it interesting to involve the project in its ranks of really large investors? Such, which will buy at once most of the tokens.
As Crowdvilla is a community movement of the "True Sharing" of real estate, the more people contribute, the better it will be for the project. Nevertheless, large investors can help contribute to the community.
Are there legal restrictions on investing and using the project platform?
Crowdvilla token sale is legal in all countries except Australia and Malaysia. Crowdvilla will do KYC+AML checks before accepting contributions.
Working with real estate as proposed in the project, will you have to pay any taxes? Or otherwise report to the state?
As a non-profit entity in Singapore, Crowdvilla will go through audits and all necessary regulations in Singapore.
Will the project create its customer support service? For sure there will be a lot of questions at an early stage.
Crowdvilla already has community support on its telegram group. When the properties are ready, customer service managers will be ready to serve the community members.
Do developers plan to hold any meetings or conferences with investors? I would like to live with them.
Please follow us on our social media channels to see the events, meetings and conferences that we will be at! (We are currently presenting at Silicon Valley for Ethereum meetup)
What kind of bonus can be obtained with participation in investing in the 3 rd phase?
The bonus at this stage will leave 10%.
If we have raised more than 125,000 ETH and are on the way to 250,000 ETH, the contributors will receive the following bonuses:
Phase 1 contributors (20% Bonus)
Phase 2 contributors (10% Bonus)
Phase 3 contributors (No Bonus)
I notice this project is a promising platform and i love it. Great privilege to be part of this platform.
Thank you, please join our telegram, and follow our facebook/twitter for updates!
great project,great idea all thanks to airdropalert.am so liking the fact that i belong to this world..
Thank you for being a part of our community.
