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Author Topic: [ANN]BRIKCOIN- Tokenizing affordable housing developments in the UK.  (Read 672 times)
brikcoinofficial
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July 16, 2019, 05:43:48 PM
Last edit: July 17, 2019, 10:29:38 AM by brikcoinofficial
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gaerisk
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July 16, 2019, 06:38:49 PM
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Guys, what about philanthropy program which will be donated to housing charities (5% of token distribution)? Is it really needed to spend money on it?
Gubkat
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July 16, 2019, 07:01:59 PM
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Guys, what about philanthropy program which will be donated to housing charities (5% of token distribution)? Is it really needed to spend money on it?
I think yes because the company's reputation is very important for financial success.
Filatenw
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July 16, 2019, 07:58:23 PM
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They want to play on the feelings of investors but they have forgotten that investors have no feelings 😜
brikcoinofficial
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July 17, 2019, 02:33:08 AM
 #5

Guys, what about philanthropy program which will be donated to housing charities (5% of token distribution)? Is it really needed to spend money on it?

The Philanthropy program is headed by Dave Etheridge, OBE who is a life long civil servant. Not only does it work as a charitable contribution and help us form links with housing charities and build our reputation as a new company with influential people but it also works as an airdrop to people who need it the most, people who will spend instead of hold and people outside crypto, bringing them into crypto and expanding our community.
brikcoinofficial
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July 17, 2019, 02:34:42 AM
 #6

They want to play on the feelings of investors but they have forgotten that investors have no feelings 😜

See above and we get your point. Apart from the strategic impact of the philanthropy program, the business returns profits on each property, so investors are happy while helping.
Valeriiko
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July 17, 2019, 07:00:04 AM
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Do you work around the world? Can USA citizens invest in a property you offer?
Sergei.Gerasimenko
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July 17, 2019, 08:24:32 AM
 #8

There were many projects similar with yours. At least, they were pretty close. I can't remember any that was successful. Why do you think that your project will?

brikcoinofficial
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July 17, 2019, 10:22:12 AM
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Do you work around the world? Can USA citizens invest in a property you offer?

Investments wise, US citizens cannot invest in our crowdsale but we are working with our lawyers to have the safeguards in place to accept US investors.

Property development wise, the UK local councils are directly connected to the federal government or the UK central government, so when we lease the properties to the local councils, the lease is backed by the UK central government which makes it very attractive to financial institutions like pension funds that invest in very low risk strips which our lease strips are.

This is not the case in the US as local governments are not as strongly connected to the federal government. After we get going in the UK, we are planning to expand, first to Ireland and then we will look at other countries. But, there is plenty of demand in the UK (3 million homes needed in 20 years) to make us a huge company even if we deliver a tiny fraction of these homes.
brikcoinofficial
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July 17, 2019, 10:28:14 AM
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There were many projects similar with yours. At least, they were pretty close. I can't remember any that was successful. Why do you think that your project will?

It is true that there have been many real estate tokens offered in the past. We are different because we have a specific business model and the demand for our properties (affordable housing properties) means that we have hardly any marketing costs and we don't have to go out and convince individual buyers. Our financial model is what sets us apart and we have a very specific, actionable plan to bring in profits.

In my experience, other real estate tokens just gave investors vague promises and no real plan on what kind of properties they would be investing in, how they would generate returns on these properties and what specific market they would work in. Most were straight property funds, which we are not. We are a private developer with a very specific target market and a very specific business plan.


So, I don't think many have tried exactly what we are trying even though they were broadly in the same industry. We would, of course, love to hear our opinion on what you consider similar projects.
Gubkat
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July 17, 2019, 05:16:38 PM
 #11

Do you work around the world? Can USA citizens invest in a property you offer?
I see no reason why US citizens will not be able to use Brikcoin
gaerisk
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July 17, 2019, 07:32:28 PM
 #12

Does they have a bounty program?
brikcoinofficial
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July 18, 2019, 04:36:07 AM
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Does they have a bounty program?


We have an airdrop program, no bug bounty right now.
Valeriiko
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July 18, 2019, 12:18:37 PM
 #14

There is no any info about bounty in their token distribution diagram 😞 But I really want to participate…
brikcoinofficial
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July 18, 2019, 05:01:57 PM
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There is no any info about bounty in their token distribution diagram 😞 But I really want to participate…

The rewards 5% is set aside for airdrops/bounty
Gubkat
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July 18, 2019, 05:16:05 PM
 #16

How do you plan to handle problems with taxes? Strict rules are imposed on real estate in many countries
brikcoinofficial
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July 18, 2019, 06:58:38 PM
 #17

How do you plan to handle problems with taxes? Strict rules are imposed on real estate in many countries


What kind of taxes do you mean? We are building only in the UK at the moment. All financials have been carefully examined before creating our model. Our Founders are 20 year veterans of the UK property industry.
Thebestis7950
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July 18, 2019, 06:59:40 PM
 #18

are you having a fucking laugh
you want 5 million quid!!!!
good luck loosers

AQ16LcTPQcYXH9BhQTQfVDe7JtYNwdDaXj
brikcoinofficial
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July 18, 2019, 08:15:09 PM
 #19

are you having a fucking laugh
you want 5 million quid!!!!
good luck loosers


Our properties are fully funded by property lenders, so we don't need to raise more capital. the money from the token sale will go towards initial payment for properties/marketing/development of other applications for property management, basically operating costs.
Filatenw
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July 18, 2019, 08:49:38 PM
 #20

How do you plan to handle problems with taxes? Strict rules are imposed on real estate in many countries

I think that these issues are being addressed at the preparatory stage for the launch of the project in the country. No other way.
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