Monaco Estate MEST ICO

Profitable markets often intersect with other profitable markets. There are many companies in the blockchain market that are already looking at the real estate market. Monaco Estate is one of these companies.

What is Monaco Estate MEST?

Monaco Estate is a cryptocurrency company which has created the Monaco Estate Token, a way for investors to invest in the real estate market in Monaco using cryptocurrencies. This company has planned an Initial Coin Offering (ICO) soon, so we are reviewing it for our readers, so they can decide if Monaco Estate Token might be a good investment for them.

The focus of the company is in high end apartments in Monaco. You will be able to acquire shares of these apartments (basically, tokens) via smart contracts and receive dividends for them via the Ethereum blockchain.

Monaco, the company states, has one of the highest concentrations of millionaires in the planet, so their properties are really valuable. There is a high demand for properties there, which combined with low taxes, makes the city one of the most attractive places for investment.

The company was created by Daniel Golding (CEO) and Charlotte Golding (CFO).

How Does Monaco Estate Work?

Basically, the main idea is that you will be able to buy Monaco Estate Tokens and you will receive profits for holding them. Think about this as having a share of a company. You will hold the Monaco Estate Tokens and this will enable you to receive profits. The payouts are made on the same day every month.

Investing might also be a good idea because it will enable you to invest in real estate in Monaco without actually needing to go through a lot of bureaucracy to get permission to do it. Monaco Estate Token holders also have preferential rates when it comes to rent apartments in Monaco and have priority in this same thing.

The company states that investing in Monaco Estate Token is a great long term investment because it will pay you in Ethereum forever and it is an investment that has a guaranteed liquidity.

There is no minimum investment to participate and the company uses the Ethereum blockchain technology to be sure that all the token holders are paid for their shares. This will enable you to invest in real estate in Monaco without having to spend a large sum of money.

For the payouts to be made, the tokens have to be on wallets. If they are on exchanges, the payouts will not be made.

The company will have open data about the real estate that will be bought with the tokens.

How to Invest in Monaco Estate MEST ICO?

Did you like the idea to invest in real estate in the city of Monaco? If you did, we have great news for you because this company is planning an Initial Coin Offering (ICO) soon. If you participate, you will be able to acquire Monaco Estate Tokens and receive profit from them.

The pre-sale is planned to start on May 1st and it will last until the end of the month (or until the hard cap of 3,000 ETH is reached). If you buy the tokens during this phase, you will have a discount of 10%. The main sale will begin on June 1st and it will last 30 days. The hard cap of this phase is 50,000 ETH and the soft cap is 2,000 ETH. With 1 ETH, you will be able to buy 1,588 Monaco Estate Tokens.

You will be able to pay for your tokens using BTC, ETH or fiat currency (EUR). If you only have other types of currency, you have to exchange them first.

84% of the money acquired during the ICO will be used in the process of building of a real estate portfolio and 9% will be of real estate registration fees. The company will distribute 80,000,000 tokens during the sale and 20,000,000 tokens will stay with the team.

The ICO planned by Monaco Estate Token will be compliant with Know Your Customer (KYC) rules and the Anti-Money Laundering international regulations. The company did not make clear if investors could invest from the United States or not, though. China, as always, is banned from the ICO.

The Monaco Estate MEST ICO Verdict

Are Monaco Estate Tokens a good investment? Yes, they are. Real estate is always a very attractive investment for people and this is not different. Monaco is always a good place for investment, so this is also a positive point. There is not much risk in investing in this company and the rewards might be good, so we surely agree that you should invest in this company.

In the end, the choice is yours, but if you analyse Monaco Estate closely, you will perceive that this company might be a great deal for you.

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