RedFund ICO (REDF)

Real Estate Development Fund


RedFund provides access to Real Estate Development investments through an asset-backed, tradeable, transparent, liquid, Ethereum-based token, with a clear buy-back policy.

Real estate
2.9

by expert rating and reviews


2.9
ICO PROFILE
TEAM
VISION
PRODUCT
Ended
Token REDF
Platform Ethereum
Price 1 ETH = 1,000 REDF
Country Mexico
ICO Start Date 12 Aug 2018
ICO End Date 26 Aug 2018
PreICO Start Date 01 Jul 2018
PreICO End Date 11 Aug 2018

About RedFund

ID8 Capital is looking to raise USD 150 million with the purpose of acquiring and developing between 6 to 8 residential projects in highly urbanized areas across Mexico, Peru, Brazil, Colombia and Chile. Expected annual returns to investors are expected at 30%+.

The Opportunity

Investing in Real Estate Development has, until recently, been available more exclusively to a select group of institutional investors given the usual large size of equity required as well as the illiquid nature of the assets.

We believe in its value for any individual and intend to disrupt this pattern through our offerings by providing investors access through an asset-backed, tradable, transparent, liquid, Ethereum-based token, with a clear token buy-back policy.


Team

Milestones

  • 1

    July 2018



    Presale.
    20% Token bonus to all pre-sale investors. Token sale to last 42 days.

  • 2

    August 2018

    ICO Token Crowd Sale.
    2 Week ICO with hard cap of 200,000 ETH.

  • 3

    September 2018

    Token starts trading on exchanges.
    Setup of Investment Vehicle (Canadian LP).
    Liquidate 1/2 ICO to FIAT.
    Listed on etherdelta, yobit, nebulus & idex cryptocurrency exchanges. Applications for larger exchanges submitted.
    Company name and registration number to be shared with all token holders.
    Gradually liquidate the remaining ico capital to fiat.

  • 4

    September-November 2018

    Invest Proceeds.
    Initial investments will be performed during the first 12 months on a strategic and opportunistic basis. Investment memos of all properties to be purchased and developed will be available on the investor platform website.

Financial

Token Sale Info
Token REDF
Token Type ERC20
Platform Ethereum
Price in ICO 1 ETH = 1,000 REDF
Tokens for Sale 165000000
Investment info
Accepting ETH
Distributed in ICO 75%
Soft cap 10,000 ETH
Hard cap 200,000 ETH

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