MISSION Our Companys mission is to develop a platform which will enable buyers and backers purchase safe and liquid real estate at the beginning of construction without real estate developer and agency added costs. The platform will provide control over the funding of construction process via oracles at decentralized crowd-building program, which is balanced, operates based on smart-contracts and belong to the community.
THE PROBLEM WE SOLVE In many countries up to 80% of construction market is controlled by large development companies. Such corporations build in an outdated paradigm of low quality and high price realty. Due to a lack of transparency in construction process, quality of realty often does not meet one declared in the project.
PRICE OF A SQUARE METER NOW CONSISTS OF: -loans, that construction company pays to banks; -excess construction costs caused by fictitious counterparts, for example excess intermediaries in a supply chain of construction materials; -delacosts, that can account for up to 30% and in some cases up to 70% of construction cost; -real estate developer and agency profit; -actual cost price of construction.
XXth century lifestyle: up to 80% of world population rent housing or own apartments in economy-class buildings with unattractive architecture while expensive elite realty of high quality and beauty is affordable to very few.
AN OPPORTUNITY WE CREATE Fair construction: a decentralized ecosystem for real estate development based on blockchain and smart-contracts that is owned by the community. Buying real estate at a very early stage during Initial Square Offering: no delay cost, developers profit or loans that corporations pay to banks are included in the price. Quality matches with one declared in the project, as a consequence of transparent supply chain. High liquidity of square meters of premises as a result of tokenization and high demand. Security of transactions for buyers and backers.
PRICE OF A SQUARE METER IN SQUAREX ECOSYSTEM: -auditors/curators (community fee); -margin of land owners and architects; -actual cost price of construction.
XXIst century lifestyle: high quality real estate affordable for everyone. Modern architecture in harmony with environment as a natural choice of community. Beauty and prosperity in the world architecture as chosen by the community.
WHO WILL BENEFIT FROM SQUAREX ECOSYSTEM? - Buyers who will be able to acquire real estate up to 70% cheaper cost per square meter - Construction Contractors who will gain access to the smart-contract database of construction works and the reliability of construction processes - Real estate Creditors and Backers with up to 70% more advantageous acquisition compared to traditional crowdfunding mechanisms - Traditional Developers and Land Owners with significant time and cost savings
HOW DOES IT WORK? The platform is based on decentralized initial square offering and decentralized real estate development process. SQUAREX will provide control over the funding of construction process via oracles at decentralized crowd-building program, which is supported by smart contracts and belong to the community. We offer you a crowdbuilding platform with reliable mechanisms of initial square offering ISO.
HOW IS SQUAREX BETTER THAN OTHER SOLUTIONS? SQUAREX uses all the emerging opportunities of smart contracts to deliver flexible and transparent interaction options in real estate development. The SQEX token is the useful and flexible part of a decentralized network enabling transparent, cross-border settlement mechanism for all buyers and backers. The platform will enable buyers to save up to 70% of money they need to buy house or flat. And it will help to control funding of construction process directly via blockchain and smart contracts by ISO.
LAUNCHING PROCESS Meet SQUAREX 1.0: we are proud to say that first release of SQAUREX Ecosystem is ready to perform. Next release is coming!
TEAM Kirill Kotilevskiy Founder, CEO Experienced private and public equity professional with focus on securitisation of real estate and real estate development.
Igor Vasilyev Founder, CTO 12 years of IT-industry experience. Since 2011 Igor has successfully created and launched more than 10 IT solutions in online retail and for other IT projects.
Vitaliy Sorokin - Backend/Blockchain developer 10 years in IT development, participated in lots of blockchain and cryptocurrency related projects
Daniil Aleksandrov - Fullstack developer More than 10 years software development for workflow automation and stock-exchange processing.
Roman Nesterov - Devops engineer More than 12 years software development experience. And 5 years of highload fail safe systems development experience.
Timur Evgazhukov - Backend/Blockchain developer 16+ years of IT development. 7+ years FinTech experience. Most of Timurs experience was in the development of highload web services for major banks (VTB24, Alfa-Bank and others) and government structures.