After raising USD 1 million during a five-day token pre-sale, Brickblock has already attained a significant milestone by releasing the alpha version of the platform on the Ethereum Blockchain.
This will boost investors’ confidence in Brickblock’s ability to deliver a product before seeking further funding. The alpha release also outlines future roadmap and the glimpse of the project’s potential.
Brickblock among the few Blockchain startup that aims to revolutionize cryptocurrency investing by creating a platform where holders of different digital currencies can easily invest and trade in real-world assets like ETFs, coin funds and even real estate on the Blockchain. The platform has gone a step further to announce the launch of its ICO token sale that commenced on the 31st October 2017.
In a bid to ensure everyone and anyone can transact using any of the several digital currencies, Brickblock has created the first of its kind platform. Consequently, this allows for easier, cheaper, more secure trading and investing, as the intermediary usually involved in such transactions is cut off. The use of smart contracts automatically confirms funds transfer from investors to fund manager. Meanwhile, the consequent transfer of assets from fund managers to investors also helps to ensure a more effective and secure transaction.
Recently Brickblock announced the partnership with nakamo.to (A Berlin-based startup) to explore the potential of IOTA’s Tangle Network. Working with nakamo.to could help Brickblock to break the chains of standard Blockchain technology and making its platform the first real use-case on the revolutionary Tangle Network. It seems, there are many ways for Blockchain technology to disrupt an industry, and real estate seems to be a fast-growing.
Brickblock believes in talent acquisition to come with an extraordinary platform that meets investors’ expectations. Recently, The Founders added a wealth of talent to its core team, including six full-time developers and hired key advisors to help realize the company’s vision of making investing cheaper, easier, and more secure.
After the ICO, company aims to sell a tokenized apartment building over the Blockchain. The property will be managed by a fund manager with over 30 years of experience in real estate, with dividends paid out to investors’ Ethereum wallets.