RedFund (REDF)

Real Estate Development Fund

Review Score
1.88/5
ICO Price
0.174355 USD
0.001 ETH
Pre ICO Price
0.145296 USD
0.0008333333 ETH
Soft Cap
10,000 ETH
Hard Cap
200,000 ETH
Pre ICO Start Date
1 July 2018
Pre ICO End Date
11 August 2018
Start Date
12 August 2018
End Date
26 August 2018

What is RedFund?

 

ID8 Capital is looking to raise USD 150 million with the purpose of acquiring and developing between 6 to 8 residential projects in highly urbanized areas across Mexico, Peru, Brazil, Colombia and Chile. Expected annual returns to investors are expected at 30%+.

The Opportunity

Investing in Real Estate Development has, until recently, been available more exclusively to a select group of institutional investors given the usual large size of equity required as well as the illiquid nature of the assets.

We believe in its value for any individual and intend to disrupt this pattern through our offerings by providing investors access through an asset-backed, tradable, transparent, liquid, Ethereum-based token, with a clear token buy-back policy.

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