Evareium: The World’s digital real estate investment token.

in bitcoin •  7 years ago  (edited)

There are two types of token in the crypto market whether it is under Ethereum or Nem or other blockchain. These two tokens are called Utility and Security tokens.

Utility tokens represent future access to a company’s product or service. The defining characteristic of utility tokens is that they are not designed as investments; if properly structured, this feature exempts utility tokens them from federal laws governing securities.

Security tokens — If a crypto token derives its value from an external, tradable asset, it is classified as a security token and becomes subject to federal securities regulations. Failure to abide by these regulations could result in costly penalties and could threaten to derail a project. However, if a startup meets all its regulatory obligations, the security token classification creates the potential for a wide variety of applications, the most promising of which is the ability to issue tokens that represent shares of company stock.

Credits to http://strategiccoin.com/ico-101-utility-tokens-vs-security-tokens/

A company which belongs to the list of well known real estate companies that has years of experience would like to develop a project called EVAREIUM which offers three kinds of tokens EVM, EVT and EVR. Base on the definition given by the team behind this project, EVM is the investment token — providing asset-backed investment earnings to holders giving you real returns on property investments. The collective vision with EVM is an eco-system to acquire, plan, finance and asset manage compelling opportunities for the benefit of the EVM investors, providing a lucrative, asset-backed business model coupled with a boundless token exchange which will be developed via a bespoke platform. This platform will interface with numerous global coin/token exchanges such that EVM can be traded freely for other cryptocurrencies and tokens. EVM holders will also avail the added feature of significant blockchain technical and ‘use’ applications being developed. EVT is the utility coin that will be applied to all assets operations — like a ‘smart digital currency layer. The more use cases we apply EVT to the more demand we can activate. It will be the currency flowing through all transactions and interactions involving EVM real estate assets. EVT will be limited in supply and use cases for EVT will build-up as more and more real estate assets are acquired by EVM and remain in the Evareium eco-system. And lastly EVR, The Evareium Real Estate Investment Trust Token — to be issued upon maturation of the first generation of acquired real estate portfolio assets. It is the exit token for the assets we buy and mature in EVM, giving holders cash yield dividends from property. In short, One class of tokens shall be issued which is EVM. And the company will have two separate token offerings which are EVT and EVR which are intended for future ITO’s and such will complement, intertwine and be intrinsically linked with the business model of EVM.

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I made a short presentation about Evareium on youtube

The evareium token will be under the second well know cryptocurrency in the market called Ethereum. It will join the list of huge numbers of ER20 tokens under ethereum blockchain.

According to the team the EVT price has not been set yet. But EVM buyers today, by the time I’m doing this blog, get a 35% credit towards EVT. Like for like. So if you buy 10 ETH worth of EVM, you get 3.5 ETH credit also towards EVT as a bonus feature. EVM will be offered on an exclusive pre-ITO basis for US$ 0.70 equivalent (representing a 30% reduction to the par value of US$ 1 equivalent per EVM token). This phase will form a private placement to qualified and accepted contributors only. Up to 150,000,000 EVM tokens to be issued. The accepted digital currencies for the preITO include Bitcoin and Ethereum. By supporting this project EVM investors will be entitled to receive the quarterly reports on Fund progress and valuations as provided by the Manager via their administrator (such to be Maples Fund Services in Dubai, UAE, or similarly qualified entity). Secondly, up to 30,000,000 EVM will be issued at a 15% discount to the US$ 1 par value in week one of the launch of this second tranche, reducing by 1.25 percentage points each week to 10 percent in the closing week. Thirdly, up to 110,000,000 EVM will be issued at the US$ 1 par value until the US$ 90 million equivalent of funding target is reached across all phases.

Here is EVAREIUM roadmap

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The Business Model

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Other information

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EVM and EVR/EVMREIT are investment tokens for different ends of the real estate investment spectrum — EVM = capital growth and EVR/EVMREIT = yield cash payout while EVT is applied to the operations of real estate assets — like hotels, leisure centres, office buildings, residential buildings, to provide a ‘digitalized intelligence layer’ to activate many utility functions and a currency for the digital generation

According to one of the admins here are the reasons why Evareium is not your typical ITO/ICO for the following reasons:

  1. They have done this before. This is an investment model we are used to.
  2. Evareium is an entire ecosystem not just a platform based on tech (tech can be copied, ecosystems and people can’t so easily).
  3. It’s asset-backed — so real ETH and BTC and FIAT goes into real assets — not an idea or concept.

The team and developers believe that EVM as being the ‘solid’ investment token, giving asset-backed qualities to investors, while EVT is the utility coin which will have qualities allowing it to re-rate substantially over time and provide such utility features to holders

Here is my referral link: https://dashboard.evareium.io/sign-up?rhash=p9GZtsYpaRtSgKYJBXIM3zX6Xx3qheJTMiF8GYDEfMehDyPNGQ8QOndDuxRRxVRH

To know more about EVAREIUM kindly visit the following links:

Website: https://www.evareium.io/

Whitepaper: https://www.evareium.io/assets/img/pdf/Evareium-White-Paper-January-2018.pdf

Bitcointalk: https://bitcointalk.org/index.php?topic=3076900.0

Facebook: https://web.facebook.com/evareium/

Twitter: https://twitter.com/Evareium_ITO

Telegram: https://t.me/joinchat/GI8QjELv63b4TdB1fZQADA

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