No update as of yet, but we're looking at options regarding the ICO/Fund Raising.


Considering the costs of listing an ICO on an exchange (i.e. a decent exchange with good volume) vs creating our own Smart Contract ICO instead, which can be done with the existing token that we have already created on the Ubiq network. Payment would then be made in Ubiq directly to the contract. This would mean we could move from a manual process to an automated one, giving investors some level of confidence that they do not have to rely on human interaction to get their tokens once payment has been made.



We are also considering the option of "going public" as opposed to running things anonymously, but as previously mentioned our accountant and the Fin-Tech people we spoke to previously advised against this, so weighing up the pros and cons of going public.


In the meantime, we've been looking for properties and plots of land, speaking with builders and estate agents in local areas to see what kinds of costs to purchase/build etc will be vs how much the houses are currently selling for in those areas. We've found a great plot which has permission to build 2 houses on it already, 1.3m GBP for the plot, and local builder advised cost of around 400-500k to build each house (depending on the spec/finish). So total spend would be in region of 2.3m GBP to build two houses on this plot, sounds like a lot, but estate agent in area just sold a house (built by this builder on this same road) for 2.2m, so there's potential there to spend 2.3-2.4m to buy plot and build 2 houses, then sell the houses for 2m+ each.



Right now - We have a few things to seriously consider/decide;

1 - Do we go public with our names (depending on the implications with regards to regulations/investment etc etc)
2 - Do we change the existing ICO "round 1" which is currently manually executed and exclusive for angel investors and strategic partners and rounds 2 and 3 away from the planned exchange ICO and move everything over to a Ubiq-based smart contract ICO instead so that the ICO is open to everyone to join.


In addition to those two points, I'm considering looking for a community manager to help manage the crypto-side of the project as we are currently extremely busy with our build-projects for clients and unfortunately they do take priority over everything else;

A community manager would need to help tidy-up the OP and manage this thread as well as promote things on social media to bring in more attention to the project.


Also, if we decide to go down the Smart Contract ICO route, we might need a solidity coder who can write the ICO contract for us to ensure everything is correct and we won't face any problems with the contract or funding.