Max Crowdfund [MPG]
ENDED: October 05, 2019Transparency Details
We have verified the contact details for this ICO
We have unverified information about the team
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Description
The Max Property Group (MPG) blockchain is a child chain on Ardor and uses the MPG token as a currency to pay for transactions on their real estate crowdfunding and property management platform, Max Crowdfund. Transactions include, but are not limited to, listing the property, creating an asset (security tokens), buying/selling security ...Read More
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ICO Link
Sectors
Real EstateExecutive Summary
The Max Crowdfund platform is built on an Ardor child chain. This child chain decentralizes the trade of assets and places rental agreements, purchase agreements, property management tasks, and more on the blockchain. After obtaining the required regulatory licenses, this will allow companies to create regulatory compliant assets, with standardized documentation (provided by Max Crowdfund's legal teams), which can be purchased by the Max Crowdfund account holders.
Assets created on the blockchain will be completely transparent and the asset tokens will be tradable on the Max Crowdfund platform thus making them liquid.
Max Crowdfund is underwritten by a portfolio of property assets generating an income and ensuring the future development and maintenance of the platform.
Max Crowdfund will operate two types of tokens. The child chain’s native token is called MPG, and users pay transaction fees to Max Crowdfund through that token, which makes it a utility token.
The standardized, regulatory compliant assets created on Max Crowdfund, will be the second type of tokens, as they will represent property funds, bonds, loan notes, project finance, etc. and as such are security tokens.
Documents
Whitelist and KYC
The Team
Timeline
Venture Established
1st March 2016The project or venture was started
Happened: 8 Years, 8 Months, 22 Days ago
Sale Starts
1st October 2019The ICO/Token/Coin sale opens
Happened: 5 Years, 1 Months, 21 Days ago
Sale Ends
5th October 2019The ICO/Token/Coin sale closes
Happened: 5 Years, 1 Months, 17 Days ago
TODAY
23rd November 2024