What Is BreezeCoin?
Breezecoin is a decentralized coin that is ERC20 compliant on the Ethereum blockchain. The cryptocurrency is used in the Breeze de Mar project and all its operations in terms of payment for mortgage. The coin will always be in circulation in the platform since its usage will be as a medium of exchange in the company's projects. Members will use the coin for the purchase and payment for goods within the company's real estate complexities.
The coin is based on mortgage papers and real estate assets hence its returns is guaranteed. Breezecoin is unique from other cryptocurrencies due to it being linked to the physical world by use of real estate.
How BreezeCoin Breeze de Mar Real Estate Blockchain Works
Breeze de Mar is a resort hotel project for real estate investment that is generated by the company called GAOK Invest. The first step of the project is in Orlando in the USA followed by Las Vegas, which will be made public during the Istanbul Real Estate Fair in Istanbul, Turkey, and put for sale in Cannes Real Estate Fair in Cannes, in France. Two more projects in Bahamas and Hawaii are projects under development and will be available in the future.
Orlando is among the most attractive cities in the USA and Florida with NASA space station and Disney Land in its close proximity thus making it the first station of the resort hotel project. The delivery of the project will be done in December 2018. The Orlando project area is 900,000 square meters. It will include 1576 apartments, and 54 bungalows.
Breeze coins correspond to the mortgage paper that comes from the sale of Breeze de Mar projects. The income received by Breeze de Mar through the interest charged on mortgage papers will be supplied to holders of Breeze coin.
The interest rate is set at 6.5% annually whereby as sales of the projects increase, and introduction of new projects is done, there will be an increase in the collective value of the mortgage papers, which will lead to higher amounts of payments. Payments to holders are done in a transparent way by use of smart contract technology.
Adapted To The Real World
Breeze coin is unique since it has a real world use through it being linked into real estate assets that are available in the physical world. It also is a medium of exchange in all concepts of the Breeze de Mar Resort hotel.
Real Asset Backed
Each Breezecoin corresponds to the available mortgage papers for the Orlando project thus; it serves as a representation of real world meaning.
Income that is collected from the interest rate that is charged on all mortgage papers is supplied each month to the holders of breeze coin, thus boosting their motivation to invest more.
The nature of breeze coin makes it to easily adapt to the real world with the backing of real estate. The Breeze de Mar project and the Breeze Coin in general comply with the necessities that emerged after the industry 4.0.
BreezeCoin BRZC Token ICO Details
Parameters Of The ICO
- Token symbol: BRZC
- Token sale date: 1 June 2018 to June 20 2018
- Accepted payment method: USD
- Total token supply: 200,000,000
- ICO: 30,000,000