What Is CurveBlock?
CurveBlock is a blockchain-based company that pays its token holders dividends from all projects completed through the Proof of Stake (POS) smart wallets. CurveBlock seeks to solve some of the challenges facing the real estate industry that undermines the economic and human impact of the sector.
Some of these challenges include lack of funds to develop projects, undervaluing of projects, complex government regulations, and lack of structures to balance the fluctuations in the industry. CurveBlock will leverage blockchain technology to address these challenges given that the ecosystem comes with network that is decentralized, peer-to-peer, and smart contracts-enabled.
How CurveBlock Blockchain Real Estate Investment Exchange Works
CurveBlock will implement a “Boom Years” and “Bust Years” Proof Mechanism whereby during the boom years, which is the high season all developments are sold, and profits are shared to the token holders. During the Bust years, which is, also known as recession, all the developments are rented out until market recovery.
In this case, the rental profit is shared to the token holders. This mechanism will enable the platform to grow during all market cycles while the token holders permanently benefit from the dividends.
CurveBlock will feature its own decentralized exchange that is accessible on both web and mobile operating systems. The exchange will have an in-depth overview of all upcoming blockchain development projects and their anticipated ROI. It will also have a list of previous projects and the returns they generated, upcoming and previous Charity’s donations and each user’s charity voting rights.
CurveBlock is the first Property Development Company that will utilize Proof of Stake (POS) smart wallet dividends to pay token holders direct dividends from the investments made in blockchain-based projects.
After completion of each development, token holders will have the right to vote and decide on which charity should receive donations.
On the CurveBlock ecosystem, property ownership is recorded on the land registry as well as on the open source blockchain, which creates an immutable ledger that is accessible by all users of CurveBlock. This ensures transparency in the real estate industry.
The CurveBlock smart wallets will store the CBUK token and facilitate the dividend payment to the token holders. The wallet will also enable the token holders to participate in the voting for charities that will receive donations.
The platform will have a master node option where Masternode holders receive double dividend payments for their input in writing open ledger and creating a consensus.
CurveBlock CBUK Token & ICO Details
The main currency on the CurveBlock ecosystem is the CurveBlock Token, which will be used to transact on the platform and as a way of voting for charity donations. Users on the CurveBlock platform will also receive rewards for participation through the secondary dividend token, which will serve different purposes such as Dividend payments and Dividend charity donations.
Parameters Of The ICO
- Token: CBUK
- Token supply: 500 Million Tokens
- Token protocol: Protocol Stratis Platform (UK)
- ICO sale date: 02 December 2018 – 31 March 2019
- Token price: £00.20 Per Token
- Accepted currencies: 5,000,000 GBP
- Soft Cap: 5,000,000 GBP
- Hard Cap: 50,000,000 GBP