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Crowdsale for Swiss Real Estate Token "Tectum" Announced, to Open Up the Swiss Real Estate Market for Small Investors

02-07-2018 02:34 PM CET | Industry, Real Estate & Construction

Press release from: Cryptectum

Crowdsale for Swiss Real Estate Token "Tectum" Announced,

(Widnau, Switzerland, February 7, 2018) – Cryptectum, the blockchain real estate company, has announced the schedule for the ICO of its real estate token, Tectum. The total number of tokens generated is 1.5 million, of which 85 percent will be available via crowdfunding at $1 per Tectum.
Cryptectum is the blockchain application for the highly lucrative real estate market in Switzerland. Rental and purchase of real estate in Switzerland offers a rich investment ecosystem with up to 8 percent returns per annum for long durations and without interruptions. The rental market in particular is rich in opportunities, as only 39 percent of houses are occupied by owners. However, the minimum investment amounts required are very high, and the new Tectum token aims to open up the market for even small investors with the help of blockchain.
Cryptectum will collect funds via the ICO, and the proceeds will be used to acquire properties and rent them out. The rental income will be distributed via Tectum to investors through a cost effective model. The property itself will be maintained by the token, and make investment worry- free for token buyers. Investors will also have a say in what properties are bought, and the capital reserves of Cryptectum, and for this purpose, the smart contract for Tectum incorporates proposals that will allow investors to vote on acquisitions and liquidity matters.
"We are excited to offer a safe business on the blockchain. With Cryptectum, investors will get the opportunity to benefit from the Swiss real estate market for as little as $ 1 investment. Investing in Cryptectum is a solid investment with a relatively high return and low risk," said a spokesperson for Cryptectum.
Cryptectum will be established as a stock corporation under the Swiss law. Shares will be administered using blockchain, which will also enable sale of shares. Tectum is based on Ethereum blockchain, allowing the use of features such as wallets without the need to download the complete blockchain via Metamask or MyEtherWallet, and trading with other altcoins.
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For more information, please visit: https://www.cryptectum.com
Media contact
Jakob Hürlemann
Cryptectum
Lindenstrasse 12
CH-9443 Widnau
Switzerland
Email: info@cryptectum.com

The Cryptectum uses blockchain technology to refine a highly proven investment strategy in Switzerland - the investment in real estate. Rental of real estate in Switzerland has been an extremely lucrative investment with up to 8% return per annum for a very long time without interruption. Unfortunately, the minimum investment amounts required to buy a property are very high, as, for example, 3-room apartments in a city already cost over one million Swiss francs. This is where the Cryptectum comes in and, with the help of blockchain technology, allows small investors to profit from the rental of real estate.

Via crowdfunding Cryptectum collects funds, acquires a property and rents them out. Blockchain technology in turn helps to distribute rental income to investors in the simplest and most cost-effective way. In addition, the Cryptectum maintains the acquired property, which is a big plus for the investor, since he does not have to worry about it.

However, an investor would also like to have a say in what property the Cryptectum acquires or whether the capital of the Cryptectum should be increased. The Cryptectum has integrated so-called proposals into the Smart Contract. The investor thus has the opportunity to vote on the acquisition of real estate or increase in liquidity.

With Cryptectum, investors get the opportunity to benefit from the Swiss real estate market for as little as $ 1 investment. Investing in Cryptectum is a solid investment with a relatively high return and low risk.

Cryptectum
Jakob Hürlemann
Lindenstrasse 12
CH-9443 Widnau
Switzerland
Email: info@cryptectum.com

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