What is Brickblock (BBT Token) – Review and ICO details
Brickblock is an online cryptocurrency investment platform or network for stock trading. It uses the technology of blockchains and it depends on smart contracts. It is a perfect solution for cryptocurrency trading on blockchains. It acts as connectivity between real-world assets (real estate funds or ETFs) and cryptocurrencies. Read more on ETF.
A variety of institutional investors, cryptocurrency holders, and traders are using this platform for the diversification of their portfolios. It overcomes all types of geographical restrictions and allows effective trading strategies. Its partnership concerns include Finwerk, Cubits, and Bitcoinsberlin and so on.
Jakob Drzagza and Martin Mischke are the two co-founders of this platform. The users of this platform can have multiple portfolios for their investments.
Types of fund investments:
The investors can invest their funds in either one of the following categories:
- Exchange-traded funds or ETFs: Any kind of ETF can be accessed across this platform in various asset classes like commodities (silver or gold), bonds and stocks with the help of specialized brokers. It significantly reduces the idiosyncratic risk issues.
- Coin funds: Users can make investments in one transaction in various crypto assets through coin funds. The type of asset investments is usually decided either by a rule-based index or a trustworthy fund manager.
- Real estate funds: Users can make real estate investments in various countries including Europe, Asia, and the United States.
“Brickblock (BBT) tokens will be sold only once. These tokens can be used to produce Access tokens. An investor needs Access tokens to invest on the Brickblock platform. All fund managers and brokers will need an Access token to perform any transaction on the platform. So there will always be demand for Access tokens. Proof-of-Asset tokens proof that you own ETFs, REFs shares or a part of CTFs. You will get Proof-of-Asset tokens when you invest in any of these funds on the Brickblock platform.”
Unique features of Brickblock:
- It is highly safe, secure and transparent in nature. The users can be able to track performance and each and every movement on their account with the help of an integrated API.
- It is a revolutionary platform with advanced infrastructure and a legal framework.
- It offers dividend payouts to the investors on a regular basis.
- It provides a distinct token for each and every transaction done on this platform.
- It permits users to store and access their assets safely from anywhere in the world.
- The users get the investment income directly into their Ethereum (ETH) wallet.
- The users of this platform can perform the process of trading on a 24*7 basis in an unalterable blockchain.
- It offers safety to the users’ assets, even when the stock exchanges are closed.
- It facilitates cost – efficient and faster transactions.
- It does not require a bank account and also there is no certain limit for the investments made across this platform.
- It assures an asset back of around 100% to all the investors.
- It avoids fraudulence or the interference of third – parties by using smart contracts.
- It ensures high liquidity of cryptocurrencies.
- It imposes very low charges while compared with conventional trading.
- It allows even a small amount of investment and there is no need for the users to go for larger investments.
- The smart contracts driven by its fund manager have included in the DApp automatically.
- The users can also cross-check the parent smart contracts by verifying their affiliated smart contracts.
Presale and ICO:
Brickblock raised $1M during the presale. The token sale for the BBT token will start on 11/Oct, 10:00 AM, UTC.
YouTube channel: https://www.youtube.com/channel/UC7etm1NmMFIlg2KJ6VXNNrA/videos