A token sale is an increasingly popular method of crowdfunding. It is used by start-ups who wish to develop a product or service, or in the case of Mijn Vastgoed, an online platform. A token sale can be compared to an IPO or Initial Public Offering, the stock market introduction of a company. A company then sells its shares for the first time in order to raise capital. Mijn Vastgoed has opted for a public token sale because it allows everyone to get an opportunity to invest instead of only big established parties. The token sale corresponds with our ideal that investing should be accessible for everyone.
The financing for the development of the online platform is done through the issuance of dividend tokens. These dividend tokens entitle the owner to a dividend from the company. By acquiring funds this way, Mijn Vastgoed makes it possible for everyone to invest in the start-up. The dividend tokens must not be confused with the real estate blockchain tokens that make it possible to invest in a property on the online platform.
Mijn Vastgoed initiates the first public token sale with an exclusively Dutch product that focuses primarily on the Dutch investor. Unlike some previous token sales that had an unclear value of the tokens, the tokens of Mijn Vastgoed represent a clear value: the right to dividend. After the public token sale, the dividend tokens will be tradable on reputable crypto exchanges (trading platforms).
The token sales makes it possible for the everyone to invest in reals estate. The dividend tokens are also tradeable in an early stage. The tokens can be traded on crypto exchanges. That way the investors can chose to hold the tokens to get dividend on top of the coins or to immediately sell them.
The token sale has a soft cap of 450,000 euros and a hard cap of 1,500,000 euros, which means that at least 450,000 euros must be raised in order for the token sale to be successful. If the soft cap is not met, all investors have their investment reimbursed, because the amount raised is not enough to establish a successful platform. The token sale can maximally raised EUR 1,500,000 before all tokens have been issued.
The maximum amount of dividend tokens issued by Mijn Vastgoed is 100.000.000 dividend tokens. Unissued dividend tokens will remain in possession of Mijn Vastgoed. The unissued tokens will be issued exclusively for the sake of raising capital in the future.
The dividend tokens that are issued during the token sale give an exclusive right to future dividends to be distributed by mijn-vastgoed.nl B.V. These tokens can only be obtained by investing in Mijn Vastgoed during the token sale. The dividend tokens that are issued during the token sale must not be confused with the real estate tokens that can be used on the online platform later on in order to purchase investment properties. These two types of tokens are separate from each other.
The tokens will be issued via the ERC20 protocol on the Ethereum network. Ethereum is an open source blockchain that is often used for ICOs. By using this protocol, among other things, the dividend token can be traded on crypto exchanges (trading platforms) in the future. This makes it very easy to both issue and trade the dividend tokens. The dividend tokens can be stored in an Ethereum-compatible Wallet.
If the soft cap (450,000 euros) for the token sale is not met, each investor gets their money reimbursed;.
An investor always takes a risk. When assessing an investment in Mijn Vastgoed™, the following aspects are relevant:
– If the soft cap (450,000 euros) for the token sale is not met, each investor gets their money reimbursed;
– The issued tokens give right to dividend, this is in stark contrast to ICOs where the tokens often have an unclear value or purpose;
– The real estate market has long proved itself to be a great investment. We make investing in real estate both easier and more accessible.
For a further elaboration of the risks, we refer to the AFM information document that can be found on the website. This information document helps investors to better understand the costs, risks and returns of the investment. In accordance with the legislation and regulations, this information document was also made available to the Dutch Authority for Financial Markets in April 2018.
Dividend tokens can be bought from the first of June 2018 on the www.mijnvastgoed.nl website. The tokens can be bought with Ether’s, Euro’s and Dollars. When you want to buy dividend tokens the website will lead you through the payment process.
The tokens are received in a Ethereum compatible wallet. When you don’t have experience whit this kind of wallet we can give you assistance throughout payment the process.
Yes absolutely, The tokens can be bought with Ether’s, Euro’s and Dollars.
You can participate in the tokensale from a amount equal to 250 Euro’s. This is approximately 300 dollar. or 0.50 ETH
You can those to have assistance during the buying process. This additional service means that we create a Ethereum wallet for you. The creation of a Ethereum based wallet does not take more than 5 minutes. When this is done you will receive the login codes within 3 business days.
No, Mijn Vastgoed does not charge transaction fees.
More Dutch legislation is found here Autoriteit Financiële Markten
No, The dividend tokens that are issued during the token sale must not be confused with the real estate tokens that can be used on the online platform later on in order to purchase investment properties. These two types of tokens are separate from each other. Dividend tokens give right to dividend from future profit made by Mijn Vastgoed.
In a Ethereum compatiblewallet. That you already have, you create or that is created by us.
MyEtherWallet (no download needed)
MetaMask (Firefox and Chrome browser addon) Recommended
The dividend tokens will be tradeable after the public sale on various exchanges.
The value of the dividend token will be determined by supply and demand. When the confidence in Mijn Vastgoed is growing the demand om the tokens will also increase. This trust in Mijn Vastgoed will be determined by the speed Mijn Vastgoed will generate profit and distribute this over the dividend tokens.
For persons who do not have the skills to understand the available information provided by this website and other means.
Yes, this tokensale is a ICO