Blockimmo to Start Operation

At the moment, the blockimmo platform is in test mode and offers only two properties' tokenized shares
21 December 2018   715

The Swiss watchdog FINMA has approved a business model and a proposal for tokens of the blockimino - real estate tokenization company. The platform also received the right to provide its services in Liechtenstein, CCN reports.

The site offers tokens that represent real estate stocks. After completion of the sale, each investor receives his part of the tokens. These coins are associated with funds held in company accounts in Liechtenstein.

The properties we tokenise are already designated with the precise E-GRID number directly in the blockchain. This is already a known quantity in Switzerland and they are already entered as such in their own, centralised land register. Synchronising the systems would be a first step towards a land register on the Blockchain.

Bastiaan Don

Founder,  blockimmo

At the moment, the blockimmo platform is in test mode and offers only two properties.

So far, the platform is available to residents of Switzerland and Liechtenstein. Later, the company plans to enter other European markets.

KuCoin to Unveil First Spotlight IEO Info

First initial exchange offering at Spotlight will be MultiVAC, "a high-throughput and flexible blockchain platform based on trusted sharding computing"
25 March 2019   75

Representatives of the KuCoin marketplace shared some details of the first tokensale on the Spotlight IEO platform.

Let's put our Spotlight on MultiVAC!

It's my pleasure to introduce the pioneering all-dimensional sharding and flexible blockchain to you: MultiVAC, which is also the first project of KuCoin Spotlight.

Michael Gan

CEO, Kucoin

He added that additional details about the first IEO project at KuCoin will appear soon.

As previously reported, a new exchange's token, KuCoin Shares (KCS), will be used to purchase the assets of new projects at Spotlight. To participate in the tokensale users will need to be verified.