REGO
INTRODUCTION
The buzz about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is a enormous base of information where we can do anything. Internet has connected the entire world. One of these projects is Rego, a real estate platform been developed for the global; digital market and would be powered by the blockchain technology of the next generation.
ABOUT REGO
Rego is a real estate platform been developed for the global; digital market and would be powered by the blockchain technology of the next generation. It envisions providing access to real estate properties across the globe and providing opportunities for real estate that are below par market prices or have low replacement value, to be available for offshore investors. It would reflect the founder’s belief that the properties of a wide variety and across different locations should be made available in order to provide optimal investment opportunities. That advantage would be provided by an established, well spread network that the founder has and it would focus on sourcing properties that are below par market prices and can be listed and resold to investors in real estate across the world.
FEATURES OF REGO
The REGO Platform includes both mobile and web-based applications built for purposes of transacting real estate in a decentralized way. This network is governed by Ethereum smart contracts, implementing and enforcing rules for entities to interact in property ownership or records history. Ethereum platform with its virtual machine (EVM) is currently the most established blockchain-based distributed computing platform with smart contract functionality and is industry standard for issuing custom digital assets. It powers the contracting aspects of the REGO Platform. The platform will utilize smart contracts and implement complex issuance rules executed by EVM to manage voting, escrow, property agreements and other auxiliary contracts. The REGO platform will be a bridge to communicate with the Ethereum-based smart contract infrastructure.
The Rego trading platform supported by state of the art blockchain technology, will allow investors from around the world to execute the purchase quickly and securely. Purchase payments can be made with Bitcoin, Ethereum, and other major cryptocurrencies including REGO tokens seamlessly.
ADVANTAGES
Traditional methods of capital transfer incur relatively high transaction costs regardless of the size of the transaction because banks and financial intermediaries have to address clearing costs. Through the use of blockchain, these costs can be significantly reduced, as there are no intermediaries to impose fees. With a reward mechanism built into the protocol, transfers require only small transaction fees. Everything that happens in the ledger is visible to everyone. It is possible to see everything that has been recorded in the block chain.
The general ledger is monitored by each member of the network. The network verifies and agrees to integrity as a collective on an ongoing basis.
As Blockchain is maintained by a large network of participants, no actor can gain enough influence to submit a fraudulent transaction or successfully alter the recorded data.
SOLUTIONS
REGO is a platform that facilities the real estate and works on Android and iOS. With the help of the platform users can have variety of options to make their pick from.The platform of REGO works keeping in mind what is best for the people. For the same, the functioning of the platform is carried out in a secured manner and is even easy to use. Looking for a property that suits and fulfils all your needs? REGO has got it covered for you.
The different pages of the layout are too big in size to offer convenience. This is so that no one misses out on any good property options and can make their pick in whatever manner they want.The platform comes with a supportive crew too. The aim of the crew is to take care of the queries of the people and solve them immediately.
These crew members claim to be the finest working individuals in the industry with the goal of fulfilling and satisfying the early and later requirements of the participants.The Rego platform will use crypto to carry out few of its important aspects. They include: taking care of the excessive financial costs, creating a universal system that will serve verified and fair options for all, provide options to explore properties all over the world, and so on.
TOKEN DETAILS
Symbol - REGO
1 ETH = 1,600 REGO
TOTAL SUPPLY: 55,000,000 REGO
CIRCULATING SUPPLY: 39,600,000 REGO
HARD CAP: 20,000 ETH
EXCHANGE RATE: 1 ETH = 1,600 REGO
1 REGO = 0.000625 ETH = $0.53 USD
The bonus is specified in allocations as follows
May 1st 2018: Private placement 4000 ETH @ 2300 tokens per ETH – 9,200,000 tokens
May 14th 2018: Pre-ICO 6000 ETH @ 1900 tokens per ETH – 11,400,000 tokens
July 31st 2018: ICO 10000 ETH @ 1600 tokens per ETH – 16,000,000 tokens
TOKEN SALES
Announcement: January 5th
Whitepaper Release: February 15th
Presale Start: May 14th
Crowdsale Start: June 15th
Crowdsale End: July 31st
Token Distribution: August 1st
Trade Exchange: TBD
Total Funds to be Raised (ETH) :: 20,000
Private Placement Amount (ETH) :: 4.000
Crowdsale Amount (ETH) :: 16.000
Accepted Contribution Form :: Ethereum
Total Offers REGO Token (REGO) :: 55.000.000
REGO issued to Presale and Crowdsale participants:
35,000,000 - 39,000,000 (This depends on the level of funds earned during the Bonus days)
Token Distribution
Advisors: 9.8%
Reserved: 18.2%
Public Sale: 72.0%
Use of Funds
Legal: 5.0%
Admin Setup: 10.0%
Development Costs: 10.0%
Marketing: 15.0%
Reserve: 20.0%
Sourcing Properties: 40.0%
Bonus Structure:
Personal Placement: 4,000 ETH @ 2,300 tokens per ETH. 9.200.000 REGO Token.
Pre ICO: 6,000 ETH @ 1,900 tokens per ETH. 11.400.000 REGO Token.
ICO: 10,000 ETH @ 1600 tokens per ETH. 16.000.000 Token REGO.
REGO / Ethereum Rate:
Rate for Presale
Baseline rate = 11.4 million REGO / Presale Amount (Ethereum)
USD / Ethereum rate will be announced 1 hour before the period starts.
Level for Crowdsale
Baseline Level = 16,000,000 Total REGO / Crowdsale (Ethereum)
USD / Ethereum rate will be announced 1 hour before the period starts.
ROADMAP
TEAM
Lionell Tan (Tan Peng Eng): CEO and founder
David Braut: Company advisor
Elizabeth Siew: company and technology legal advisor
Harsha Cuttari: Blockchain and Crypto Advisor
Himanshu Pandey: Blockchain and Crypto Advisor
Sean Tan: Community Media Advisor
Leow Yuen Fong: Marketing: Shanghai
Tony Lau: Counsellor
Jaian Cuttari: Marketing Consultant
Adelyn Tie: Property Sourcing: Malaysia
Okechi Onyeje: Blockchain & Crypto Advisor
Mylara Swamy: Blockchain & Crypto Advisor
Omar El-Mihilmy: Blockchain & Crypto Advisor
Ryan D'Souza: Marketing Relations Advisor
For more information, please visit:
Website : https://regotoken.io/
Whitepaper : https://regotoken.io/wp-content/uploads/2018/05/15-May-Rego.pdf
Bitcointalk ANN Thread : https://bitcointalk.org/index.php?topic=3375704
Facebook : https://www.facebook.com/Regotoken/
Twitter : https://twitter.com/RegotokenICO
Reddit : https://www.reddit.com/user/Regoico2018/comments/859n7m/rego/
LinkedIn : https://www.linkedin.com/groups/8654897/profile
Telegram : https://t.me/REGOtokenICO
Author: TheMichaelMatch
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Ethereum Address: 0x76CC93E01A6D810a1C11bBC1054C37CB395F14C8