STOCKHOLM, SWEDEN (DECEMBER 21st, 2018) – Blockhomes AB today announced the first real estate investment product which will be a part of their unique blockchain platform which plans to be launched in the spring 2019.
The project, consisting of over 30 000 sqm of land, is well positioned to take advantage of the housing shortage in Sweden and create a very profitable investment for all of its participating members right out of the gate.
“It was important to start off with a headline project in one of the most beautiful places in Sweden ” said Oliver Donovan, CEO of Blockhomes, adding “we really feel it was the right one to start off with given the sheer mass of the project along with the profit opportunity for our members. Safe to say we are thrilled about being able to make this announcement today.”
Details of the development project will be released on the blockhomes.io website for review in the coming days.
The Blockhomes platform intends to bring previously “unavailable to the public” real estate investment offers to the marketplace via smart contract. The technology allows for not only the automation of the investment, interest payments and trading/liquidity options, it also streamlines the administration of the projects for everyday investors so they can invest as much or as little as they want. This now opens the door for incredible investment opportunities which previously didn’t exist within this asset class. Blockhomes intends on being the leader in offering such opportunities to investors all around the globe.
Blockhomes has announced its initial stock offering on RaiseReach.com, a leading crowd funding platform based out of Stockholm, Sweden and the offering has created a lot of interest given the popularity of blockchain technology and the hot real estate market locally.
More details of the specifics of the land and investment offer are to be published in the coming weeks after the initial money raise for Blockhomes AB has completed.
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Blockhomes AB has announced its initial stock offering on RaiseReach.com, a leading crowd funding platform based out of Stockholm, Sweden and the offering has created a lot of interest given the popularity of blockchain technology and the hot real estate market locally.