You might be aware that the US Government (in particularly the SEC) has in the last few weeks started to take a far more active role in regulating the cryptocurrency environment, with specific interest in ICO's classified as "non-utilities"! Understandably so, since Ether went from $220 to nearly $900 since we started this journey, and the total cryptocurrency market cap reached over $600 billion, while Bitcoin Futures was launched on CME (a week before on CBOE and next year on NYME & Deutsche Börse, possibly Tokyo too in 2018).

In light of the SEC's decision to call all non-utility ICO issuing tokens a security, we have decided to pause the Skye Properties ICO until such time we have a better understanding of the regulatory landscape and impact on ICO's. This can only happen once the SEC and other regulatory departments provides clearer guidelines.

Putting the Skye Properties ICO on hold was not an easy decision after so much effort, time and money were invested. We trust it was not in vain and we can learn from this and come back stronger next year when a clearer regulatory and legal framework is established by the authorities.

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Thank you for letting us know - we have updated the details.

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Skye Properties team are are thankful for all the investors and new friends that believes with us that digital currencies will change the investment markets, especially Real Estate Investment (REI). There are a number of safeguards (for example regulations) that protects investors, making it a daunting challenge for any new real estate investor. The Skye Properties team believes we have the ability and proven record to overcome these challenges today - and the  team can address each new regulatory requirement thrown at us...

Our legal advisors recently advised us that to satisfy the legacy regulatory combined with the emerging digital token markets requirements, we should consider allowing more time for all the regulatory pieces to come together. Having worked in the investment and financial markets for years have taught us at least this - the regulatory processes takes time.

For this reason we decided to move the pre-sale launch date to early 2018 to ensure we fulfill a number of US regulatory requirements. This will ensure that the necessary safeguards are in place for investors to invest, and also assist the Skye Properties team to buy, manage and grow the SKYE token ecosystem successfully.

We are disappointed and frustrated as we wanted to be ready in early 2018 for the US real estate market opportunities. Moving the pre-sale date later provides Skye Properties with the opportunity to reach more investors, finalizing the SKYE token contract audit, keep on building the Skye Properties platform and enabling our legal team to get the necessary sign-offs for all requirements!

As usual, leave a comment or reach out on any of our social channels to learn more about Skye Properties and the upcoming SKYE token sales.

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Properties and operations are located in the US. We have a whitelisted participants' page to show additional information of seed properties location. This page include city, current rent roll, appraisal estimates, etc.

The legal structure as advised by legal team is as follows:

• Skye Properties Foundation based in Panama is the legal entity issuing the tokens. Proceeds raised will be used to invest with a US based real estate investment partnership under US Securities Act 1933, Regulation S. Income from real estate investment will be passed back to Skye Properties Foundation for distribution to token owners.

Posted a new blog post on Medium - Why Real Estate Investment (REI)? - please have a look!

We get this question quite often so it's nice to see a short informative article like this one.

All income will be generated from US real estate properties rental income as well as fix & flips. Skye Properties will seed (start) the portfolio with an existing diverse mix of residential properties in the South and Midwest of America, and will continue growing the portfolio with student, single as well as multi family rentals.

Skye Properties wants to be bold and working towards doubling investment in dollar terms within 3-5 years. Real estate has been a great investment tool for the greats like Warren Buffet, enabling them to massively grow their investment portfolios using real estate investments (REI).

If you have not done so yet, please register at Skye Properties to participate and earn income from US real estate!

Lots of work happening behind the scenes to get ready for the token pre-sale starting soon. We will announce today that our legal team has given as the go ahead with the company formation, allowing our US accredited investors the opportunity to participate as well.

If you have not done so yet, please register at Skye Properties to participate and earn income from real estate!

Great to hear and thanks for the kind words!

Please go to the Skye Properties website to REGISTER and follow us on Twitter / Telegram.

We suggest every potential investor read the documentation and make their own decision - not every investment or project is a good fit, and we understand. Due to the nature of the investment in US real estate properties the team has to perform certain AML & KYC checks, with regular updates - not for newbies.

This investment is speculative and involves a high degree of risk and suitable only for a person having substantial financial resources who understand the long term nature, tax consequences, risk factors associated with this investment, and can afford to lose their investment.

Skye Properties are preparing for the pre-sale phase starting November 28, 2017 @ 10:00 EDT followed by the Public Sale in December.

All the information can be viewed on the Skye Properties website (https://skye.properties) and the team will publish any updates through the designated channels.

Let us know if you need any additional information please.

Agree. The team has many years experience in the financial, technology and real estate markets. Not only that, but there is an existing portfolio diversified mix of real estate properties that will be used to start the project. More properties will be added to the portfolio over time.

Please read the Summary for a short overview.

The full breakdown can be found in the Investment document found on the website.

Certainly - please read the Summary for a short overview.

The full breakdown can be found in the Investment document found on the website.