Tokensale opening date: 2 Aug 2017
Tokensale closing date: 6 Aug 2017
Brickblock converts real world and crypto assets into unique tokens. On the Brickblock platform you can purchase tokenized ETFs that track indices like the S&P500, DAX 30 or Nikkei 225, real estate funds like a Blackrock European property fund, and coin funds like the TOP10 cryptocurrencies. These tokenized assets can be held securely in your Ethereum wallet representing the real value of the underlying asset.
Brickblock aims to be an inclusive investment platform that empowers people from all income classes to participate in the global market. Through bypassing a number of middlemen, Brickblock is able to lower the extreme fees to a fraction of the cost of traditional retailers.
By using the blockchain and smart contracts to trade the tokenized assets, Brickblock beats clearing houses in clearing&settlement time (1 minute vs. two days), traditional exchanges in trading hours ( 24/7 vs. 12 hours MO-FR) and banks in geographical reach (global access vs. single country access).
Through the introduced system, we are able to offer low volatility investments to hedge against cryptocurrencies, eliminate counterparty risk, lower fees and complexity of trading, provide a banking independent asset system, and create a safe possibility to invest in a diversified basket of cryptocurrencies.