Brickblock... The future of smart asset management

in #ico6 years ago

After the advancement in the acceptance of blockchain usage grows from early minors to masses, there seems to be an increasing demand for platforms that offers passive income management, platforms where crypto-based budgets are monitored and managed by experts. To put up with this increasing demands, various platforms has risen up in past months giving the assurance of facilitating cryptocurrency asset management.
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In the buzz of cryptocurrency, passive investment is carried out in two ways.
It can be done through Coin Managed Funds (CMFs) or Coin Traded Funds (CTFs).
The first way investment in cryptocurrencies can be made is through Coin Managed Funds or CMFs where fund expert/manager manages an investment money by selective selection of specific cryptocurrencies. This services are already been provided by some platforms. The second way is through Coin Traded Funds or CTFs which are synonymous to index fund in traditional atmosphere, where the fund managers designs the track rule based indices. It could be one of the top 10 cryptocurrencies market cap. ICONOMI, Coindash are few of the platforms which provides facilitated investment services through either or both of the method stated above.

Brickblock is a new tool for cryptocurrency traders/hodlers who wishes to have their portfolio diversified and have assured protection against the increasing volatility of cryptocurrencies. It is built on a platform that enables cryptocurrency traders/hodlers worldwide to invest their crypto-assets into real world assets through a streamlined simple process which is also significantly at a lower cost than traditional investment. This process is categorized into four various types of funds, Exchange Traded Funds (ETFs), Passive Coin Traded Funds (CTFs), Active Coin Managed Funds (CMFs) and Real Estate Funds (REFs) without first converting into a fiat currency.

There are numerous advantages associated with providing entry to traditional assets like REFs and ETFs through cryptocurrencies.

Brickblock allows investors to diversify into traditional assets thereby mitigating the volatility of cryptocurrencies without issues of fiat conversion. Traditional assets investment through cryptocurrencies also provides benefits like lower associated cost, fast settlement anost importantly for interested investors, no geographical restrain.

The functioning of this project pivots around the concept of PoA (Proof of Asset). Interested investors transfers Ethereum to smart contracts after self selection of the funds they want to invest in/on. After the broker gets confirmation of the funds, he makes purchase of the assets and sends the shares in a trust fund. The investor acquires PoA tokens in return.

Brickblock lawfully binds its PoA (Proof of Asset) tokens to real world assets like Exchange Traded Funds (ETFs), Crypto indices and Real estate. Possessing a PoA token indicates that you have real ownership of the essential assets. PoA tokens is used to represent every asset.

Tokens
There are three types of tokens on the Brickblock platform, all of which are ERC20 token standard implemented.

Brickblock tokens : These tokens are the one which will be made available and released during the crowdsale. These Brickblock tokens will serve no other purposes than enable holders to generate the access tokens. Every week, when locked in smart contract, the tokens generates the access tokens. The ability of these tokens to mine/generate the access tokens will give then value.
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Access tokens : Funds manager and brokers will require these tokens to list their funds on the Brickblock platform and can also be used to pay transaction fees when CMFs, ETFs, CTFs or REFs are sold.

Proof of Asset tokens : As stated above, these tokens are the investor's proof of ownership over a fund's asset. It symbolizes a legal claim to the underlying traditional assets.
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The Team

This is a dedicated team of well backed and experienced full time developers, financial, legal and regulatory advisors, designing and marketing professionals. Jakob Drzazga is the cofounder and has been a real estate developer in Berlin for five years. The other cofounder is Martin Mischke who was once the CEO of a blockchain based payment service provider for international payments and remittance in Europe. He is also the cofounder of a bitcoin start up incubator called Bitcoin Berlin.
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Brickblock ICO: Ongoing

It will be available until the 15th of May, 2018.
This will be your last chance to buy Brickblock tokens (BBK). It will be sold at $0.60USD per token.
You can participate Here1-sMpn-tHNsACJqaCtRmEMRQ.png

Roadmap

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Conclusion

Brickblock is made up of team that strongly believe that digital currencies are the next big thing and are hoping to provide a platform to help cryptocurrency holders/traders to be able to have a diversified crypto wallet with real world assets like REFs and ETFs and you can be rest assured that legal framework to link these fund's asset to the PoA tokens to be provided by Brickblock.

Website: https://www.brickblock.io
Telegram: https://t.me/joinchat/AAAAAERj-_1p8AktrkESlQ
Reddit: https://www.reddit.com/r/BrickBlock/
Twitter: https://twitter.com/brickblock_io
Images used in this post are gotten from here, here

Sources

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Writer's Profile
Username: Donaldpete
Name: Ibukun Babatunde

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Damn you did justice to this review... Is it yours first? I was thinking to incorporate such pictures, like the team and market cap/ total supply to my next review. Making one for brickblock too and this review is indeed exceptional! Kudos dear...

Yeah, I made it from their whitepaper and FAQ!!

Thanks sweetest😁

You saved me the stress of asking questions
Kudos

Thanks for reading

They seem to have a good project, enough to make me want to take part in their ICO. However, hearing about the minimum amount that can be put in has stopped me from taking part.

They seem pretty serious about their project..seems thats the reason why the stake is high, serious investors only.

This is great and good view. I am looking forward to partake in the ICO.

And you will be happy you did!!👍😁

This is one of the coins that will definitely change the crypto space in terms of eliminating high volatility and honestly it will go a long way in making it a better place for investment for everyone

I'm happy you understood their main objective...👏👏

The ability to hedge against volatility in cryptocurrency is a major plus for brickblock platform. I'll look into this project... Thanks for bringing this to our knowledge✌

A comprehensive and spot-on review, totally encompassed the key points of the white paper and it's hell of a lot easier than reading the ten paged white paper. lol. 😅
Good job. Cheers

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