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Author Topic: [ANN] The Brick ICO - A Digital Token for Real Estate  (Read 251 times)
the__brick__ico
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July 19, 2018, 08:21:22 AM
Last edit: July 19, 2018, 08:54:23 AM by the__brick__ico
 #1

THE BRICK COIN
A Digital Token for Real Estate

The BRICK platform provides a blockchain based solution for selling, buying and renting real estate.   
Brick Coin applies cryptocurrency to the tangible sector of real estate, to provide real world value to cryptocurrency.

ICO Website: https://thebrick.io   
Whitepaper: https://thebrick.io/brick/static/whitepaper/BrickWhitepaper.pdf
Telegram: https://t.me/thebrickico
Facebook: https://www.facebook.com/thebrickico
Twitter: https://twitter.com/thebrickico
Instagram: https://www.instagram.com/thebrick_ico/
Medium: https://medium.com/@thebrickico
YouTube: https://www.youtube.com/channel/UCS64M-fS4KxmfWYADYzaQ3Q

BRICK Coin ICO private sale started on June 1st, 2018!

WHAT IS BRICK
The Brick will implement its own blockchain and smart contracts platform, that has a native token the BRK token that is used for all transactions in the decentralized, real estate ecosystem established by BRK.
The BRK Blockchain is a key component that implements the protocol for making a decentralized, trust-free real estate ecosystem possible. It is designed to provide a decentralized ledger tailored for the real-estate industry along with a smart contracts platform that allows implementing rules and regulations specific to real estate transactions and record keeping.
Our blockchain implements a Proof of Stake (PoS) based consensus protocol. This allows implementing a protocol that provides a balance between holding the coin and using it for real estate transactions. It also avoids unsustainable mining expenses associated with Proof of Work (PoW), or takeover by ASIC based mining devices.
PoS is especially suited to a real estate ecosystem, in which real estate owners have a natural tendency to hold onto their assets for them to appreciate in price over time. At the same time, rental transactions require regular use of tokens for the renter to pay the property owner.
This is therefore modeled so that real estate owners hold onto their tokens to maintain their real estate assets and can stake transaction confirmations. Renters spend BRK to pay for their long term or short-term rent. People also use BRK for related retail transactions, such as buying meals or merchandize at hotels or resorts.
People are therefore encouraged to maintain their real estate holdings in BRK token as they can earn block rewards by staking transactions. People who maintain enough BRK coin are also able to operate masternodes and additionally earn masternode rewards.
In addition to the value appreciation of BRK toke, people also benefit from the price appreciation of the BRK token and the staking and masternode rewards they get from the network.
PoS is used for confirming transactions, Proof of HODL (PoH) is used to track and reward people for maintaining BRK tokens, and Proof of Care (PoC) combines holding and spending BRK token to reward people based on how much they care for and use the BRK ecosystem.
These novel proofs combine to provide an ecosystem that incentivizes people to use and maintain BRK, thereby growing and securing the BRK network.

The foundational components of the BRK platform are:
1. The BRK Portal: A real estate portal that brings a decentralized market for real estate to life. It allows owners to tokenize their real estate assets and publish them for selling or renting, and customers to rent or buy real estate tokens. The BRK portal will initially be implemented on the Ethereum blockchain for achieving speed to market and then will be transitioned to the BRK blockchain to provide more complete and robust real estate specific features.
2. The BRK blockchain and token: a customized blockchain protocol for implementing a trust-free real estate ecosystem, with real estate specific features for tokenizing real estate assets, tying ownership and trade related rules and information to real estate tokens and keeping electronic records on the blockchain of real estate transactions.
3. Novel Proofs for managing the BRK protocol: The BRK blockchain is a Proof of Stake (PoS) driven blockchain, in which “stakers” confirm transactions. We additionally implement a Proof of HODL (PoH) that rewards people for holding onto the BRK token and a Proof of Care (PoC) that rewards people for caring for the platform, a combination of holding onto the token, and using it for real estate transactions. BRK therefore incentivizes people to hold onto the BRK token or use it for sales and rental of real estate.
4. Verifiable, decentralized market for Real Estate: We establish a verifiable real estate market that allows owners and buyers/renters to come together for real estate transactions without a middleman. The BRK platform verifies ownership and   that rights are transferred (for sales) or allocated (for rentals) when payments are made.
5. Crypto Village: To drive adoption of the BRK platform and establish a model, we are planning to construct a crypto village in the Caribbean that will provide vacation rentals on the BRK portal using the BRK token. Additionally, all services in the Crypto village will be available using the BRK token. Free time in the Crypto Village will be provided to people for buying the BRK token, and also based on how they score on PoH and PoC on the BRK network.


WHY ARE WE DIFFERENT
The BRK Blockchain network keeps in mind the stumbling blocks faced by Bitcoin, Ethereum and other major cryptocurrencies, and solves these problems by providing a cryptocurrency that is:
1. Truly decentralized, and resists control by a few parties that can acquire more mining power
2. Highly scalable, to handle high transaction loads efficiently
3. Sustainable, by having a truly democratic governance and reward system that will sustain the network in perpetuity
 
BRK will be an open source and fully autonomous cryptocurrency that places a strong emphasis on the building    blocks required to provide a complete and successful cryptocurrency for the real estate industry. It is secure, anonymous, trust less, with a very low-cost transaction profile and designed to have features required for real estate transactions. It is designed to embody all that Bitcoin as well as more advanced cryptocurrencies   have grown to become   as well as to capture the economic value that is thus far inhibited by the systemic constraints faced by these cryptocurrencies. It also implements features and functionality specifically required to make it conducive to real estate businesses and technology platforms.


TEAM
Matteo Scarciolla
CEO and Founder
System Admin IT and Gambling Industry, Blockchain Entrepreneur

Corrado Fantacci
Co Founder at thebrick.io
System Administrator And Blockchain Entrepreneur

Stefano Rando
Co Founder at thebrick.io
Network Specialist And Blockchain Enthusiast


ROADMAP
Apr 2018
Developed concept of BRK
Established Core BRK Team
Prepared for ICO and Whitepaper

May 2018
Developed ICO website
Drafted whitepaper
Reviewed whitepaper with advisers

Jun – Jul 2018
Private Sale - $0.40 / BRK
Deploy ICO website

Aug – Dec 2018
Pre Sale - $0.50 / BRK
First Round - $0.65 / BRK
Second Round - $0.75 / BRK
Third Round - $0.90 /BRK

Jan – Jul 2019
Develop BRK Blockchain
Develop BRK Portal & Exchange

Aug 2019
Launch BRK Blockchain & Portal
Initiate development of Blockchain Village

Sep 2019 – Jul 2020
Expand usage of BRK platform
Develop & Launch Blockchain Village


TOKEN METRICS
• A total of 40 million coins will be released for the ICO
• The ICO will have a soft cap of USD $1 Million and a hard cap of USD $20 Million
• The BRK token will be sold in the following stages:
o Private sale: $0.40 per token
o Pre-sale: $0.50 per token
o ICO Round 1:   $0.65 per token
o ICO Round 2:   $0.75 per token
o ICO Round 3(final round): $0.90 per token
• The ICO will run for a total of 6 months
• The ICO can end earlier, and depends on token sales
• As an incentive to buyers, people buying 6000 tokens or more will get one week free at the blockchain village!


CONTACT
https://thebrick.io
support@thebrick.io
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freemind1
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July 19, 2018, 08:36:59 AM
 #2

A pretty long ICO, but it's okay. Is among your plans to expand the number of team members? You have already achieved almost half of the soft cap, it is a good sign.
the__brick__ico
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July 19, 2018, 08:53:11 AM
 #3

A pretty long ICO, but it's okay. Is among your plans to expand the number of team members? You have already achieved almost half of the soft cap, it is a good sign.
Thank you for showing interest in The Brick ICO. We have mentioned our ICO founders in this announcement. We have a big team of developers and a dedicated marketing team. The whole team is working 24/7 to make Brick ICO a big success, and as a part of the early success we have already raised a good amount of money in the private sale and we are still open for private sale. We will start with the pre-sale from Aug 1, 2018. Stay Tuned. Please connect with us on telegram https://t.me/thebrickico
cryprourlbull
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July 20, 2018, 11:09:55 AM
 #4

Any private sale available?
Also other team members?
Vishalsharma95570
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July 20, 2018, 11:24:25 AM
 #5

ICO funding is now surpassing Venture Capital funding for blockchain start ups, which is a really interesting turning point and turning lots of heads and achieving half of the soft cap is Great,will contact you soon.
the__brick__ico
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July 20, 2018, 11:30:15 AM
 #6

Hello. Your ICO https://icoholder.com/en/brick-ico-23656 was listed in the largest listing -  icoholder.com. Congratulations!  During the day, our manager will contact you.
 

Thank you for the update. We are looking forward to it.
the__brick__ico
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July 20, 2018, 11:38:37 AM
 #7

Any private sale available?
Also other team members?

Hi there, Yes the private sale is still on. Please contact us on support@thebrick.io and our team will get in touch with you.
the__brick__ico
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July 20, 2018, 01:45:19 PM
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ICO funding is now surpassing Venture Capital funding for blockchain start ups, which is a really interesting turning point and turning lots of heads and achieving half of the soft cap is Great,will contact you soon.


Hi Vishal, Thank you for sharing the interesting fact. In fact, in 2017, there have been 92 ICOs which collectively have raised more than $1.25 billion and this number is expected to grow in 2018. Brick ICO is providing a platform for the investors to invest in real estate using digital tokens. Please get in touch with us on our telegram group to know more about the ICO https://t.me/thebrickico
Kunalsharma
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July 22, 2018, 01:20:49 PM
 #9

Your ICO is providing a new model for Real Estate to have access to capital that provides liquidity and the potential for growth in value as it executes in the marketplace.Check your telegram group!
dzkrb1966
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July 22, 2018, 03:51:15 PM
 #10

Colleagues. You wrote "Verifiable decentralized real estate market: We are establishing a verifiable real estate market that allows owners and buyers / tenants to come together for real estate transactions without intermediary". And who will check the real estate and by what scheme will this happen?
oceanmatt
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July 23, 2018, 12:13:21 PM
 #11

So, what is your purpose? Is it just avoiding third party intermediates in Real Estate? Because nowadays these middlemen are taking too much fees for the Real Estate.

this part can be one of the focus point!
the__brick__ico
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July 23, 2018, 01:50:25 PM
 #12

Colleagues. You wrote "Verifiable decentralized real estate market: We are establishing a verifiable real estate market that allows owners and buyers / tenants to come together for real estate transactions without intermediary". And who will check the real estate and by what scheme will this happen?

Thanks for your interest that is a great question. Our goal is to allow people to make real estate transactions with cryptocurrency, and remove the need for agents as intermediaries by putting owners and buyers/renters together directly. Conducting reviews and appraisals of real estate is an important process that will still be required. Our platform will provide community collaboration features that will allow reviewers and appraisers to provide their services on the platform. For example, a seller can get an appraisal done from an appraiser, who will be rewarded by the network for the services they provide. This will create an incentivized network that allows people to collaborate and complete real estate transactions with all required checks, reviews, appraisals, etc. - a truly decentralized platform driven by the community.
Anarky81
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July 23, 2018, 02:15:40 PM
 #13

Beyond the innovation that you want to implement regarding the real estate world ...
Is it possible to have more information about the Crypto Village?
it seems to me very interesting above all the part of multishare.
the__brick__ico
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July 24, 2018, 05:55:00 AM
 #14

Beyond the innovation that you want to implement regarding the real estate world ...
Is it possible to have more information about the Crypto Village?
it seems to me very interesting above all the part of multishare.

Yes, thanks for asking. The crypto village is a unique feature of our project. We are not just developing a blockchain platform but also a concrete real estate project that will develop a time sharing property in Costa Rica. It will facilitate adoption and usage of the BRK token, and establish a model on the BRK platform by providing a large property that will actively use the BRK token for all transactions including renting, and all related services in the village, including buying meals, merchandize, etc. The Crypto Village will also be used to offer real, tangible incentives to Clients by providing them with free stay based on the amount of token they buy, and their score on PoH and PoC.
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July 24, 2018, 12:53:16 PM
 #15

Beyond the innovation that you want to implement regarding the real estate world ...
Is it possible to have more information about the Crypto Village?
it seems to me very interesting above all the part of multishare.

Yes, thanks for asking. The crypto village is a unique feature of our project. We are not just developing a blockchain platform but also a concrete real estate project that will develop a time sharing property in Costa Rica. It will facilitate adoption and usage of the BRK token, and establish a model on the BRK platform by providing a large property that will actively use the BRK token for all transactions including renting, and all related services in the village, including buying meals, merchandize, etc. The Crypto Village will also be used to offer real, tangible incentives to Clients by providing them with free stay based on the amount of token they buy, and their score on PoH and PoC.

 Cool Cool Cool Cool Cool Cool
Anarky81
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July 26, 2018, 02:04:04 PM
 #16

A couple of questions, i read your whitepaper, you are writing that by being owner of a part of the bungalow (multishare) i will earn brick tokens, correct?
will you be proof of hodl or proof of stake?
dzkrb1966
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July 28, 2018, 08:26:43 AM
 #17

Brick - as the basis of the project on real estate. Their bricks are building. In the gateway a man approaches you and offers to buy a brick. Your actions?
lunar blazz
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July 29, 2018, 05:24:14 AM
 #18

How is this project going to continue? what is your strategy to attract investors and dev to join together? hopefully can succeed and run well gan.

the__brick__ico
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July 30, 2018, 11:14:16 PM
 #19

How is this project going to continue? what is your strategy to attract investors and dev to join together? hopefully can succeed and run well gan.

We already have a sizeable technical team consisting of architects, designers, and developers who have worked closely with us to develop the whitepaper and will be developing the full BRK platform. 

We are also in touch with several investors and are receiving requests actively from more investors. Once we open our ICO all the investors with sign up on our website. The public sale will also allow the general public to participate and invest in our project.
the__brick__ico
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July 30, 2018, 11:23:19 PM
 #20

Brick - as the basis of the project on real estate. Their bricks are building. In the gateway a man approaches you and offers to buy a brick. Your actions?

Our platform will allow people to tokenize their real estate assets and publish them on the BRK portal. people looking to buy or rent will need to use BRK tokens to buy or rent these real estate assets.

As an example, let's say that a property owner puts a large rental building on our platform. They will be able to set a rental price in BRK token for various units, or a purchase price in BRK tokens if they also want to sell some units. People who want to buy or rent these units will need to acquire BRK tokens to buy or rent these units. They will be able to buy BRK tokens from the BRK platform or from an Exchange that is providing BRK tokens. Investors who have bought BRK tokens during the ICO will also be able to use these BRK tokens to conduct real estate transactions and may see significant value as the valuation of BRK tokens increases over time.
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