Cryptectum

Category: CryptocurrencyInternetReal estate
Sale starts
May, 27
Sale ends
Jun, 17

About

Cryptectum – The Blockchain Real Estate Company

The business of Cryptectum is relatively straightforward: Cryptectum collects funds through Crowdfounding to buy and rent real estate in Switzerland. The rental income is distributed to investors. Due to low mortgage rates in Switzerland, 50% of the real estate is financed with mortgages. The cryptectum will be established as a stock corporation under Swiss law. The special thing about Cryptectum is the collection of funds through Crowdfunding. The administration of the shares is to be carried out using blockchain technology. In other words, participants purchase tokens. With the help of these tokens, the profits are distributed and sale of the shares is made possible. The token name is «Tectum». The ethereum blockchain is chosen as it allows «smart contracts». The ethereum blockchain is the most common blockchain with smart contracts, so there are many possibilities to set up a «wallet». Even without downloading the complete blockchain, a wallet can be created via Metamask or MyEtherWallet which can accept any altcoin based on Ethereum.

Whitepaper

Contacts

Cryptectum Schweiz

Switzerland
9443 Widnau
Lindenstrasse 12


info@cryptectum.com

Milestones

  • 2018 January
    Website development completed
  • 2018 February
    Smart Contract programming completed
  • 2018 March
    Clarifications with the financial market supervisory authority (FINMA)
  • 2018 May
    Start of Pre-Crowdfunding
  • 2018 June
    Conversion of Cryptectum to Cryptectum AG
  • 2018 July
    Accounting on the Web
  • 2018 August
    Start of Crowdfunding
  • 2018 October
    First vote via Smart Contract
  • 2018 December
    Purchase of the first property
  • 2019 January
    Start of monthly profit distribution

Financial distribution

85% Crowdfunding
6% Marketing
3% Bounty
6% Administration

Team

Board of directors

Eduard Salm
CEO & Founder
Jakob Hürlemann
CEO & Founder
Michael Jedamzik
Co-Founder & Advisor

Team

Sandeep Nailwal
Developer
Janine Durot
Marketing

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