the real estate company Acre is offering the 50% of its capital stock.
50 % of generated profits net tax. So in effect yes. The other 50% being used for growth.
How will be the share pricing, and what rights will the shareholders have other than receiving dividends, such as voting rights?
If there were to be separate funding rounds outside the Rise ICO, share pricing (cost of allocated Acre tokens) for an individual project would be calculated with an aim to provide a 15 to 20% ROI minimum to investors.
In terms of voting rights, it would be based on a weight ratio of Acre held. A simple way of viewing this would be, if you held 10 Acre you'd be entitled to 10 votes.
And I believe something is missing here; what will be your share from the equity?
Hehe, good question. Although final figures aren't fixed our share would be minimal. The goal for us is not to withdraw profits for our own short term gains. We want to build a company that grows it's resources (assets) in the form of property which means leaving as much as possible for growth whilst keeping it interesting for our investors. Our team members also hold Acre, which will mean we are entitled to our share of profits based on the amount of Acre we hold.
To re-iterate an earlier point... Acre would keep generating profits no matter what happened to the Rise tech platform.
Team Status Update:We have another person joining the RISE team.
Gjeric has been working at Blockchain Technology Group, also known as Blocktech, for over 2 years.
As an avid crypto enthusiast, one that has assisted in a number of projects he'll be ideally suited for life on board the good-ship RISE.
Greg will be lending his expertise which will include developing the RISE and ACRE brands.
https://twitter.com/creative_crypto
He will no doubt drop by to say hello at some point in the near future.
Glad to be joining you guys!
Thanks for stopping by Greg and welcome aboard!