Key points
- RKEY Token Sales: We successfully raised $12,500 in pre-sale; Two ongoing public sales aim to raise a total of $300,000.
- Token distribution: Post-sale, 20% of tokens are available immediately and the rest are released in six months.
- Investment Accessibility: RKEY tokenizes real estate, enabling fractional ownership and lowering barriers to entry.
- Benefits for investors: Offers passive income from rental yields and greater liquidity compared to traditional real estate.
- Future milestones: platform development by September 2024, asset acquisition in January 2025, and tokenization from March 2025.
In the ever-evolving world of cryptocurrencies and blockchain, a new project is making waves by promising to revolutionize real estate investing. Meet KEYan innovative ICO (Initial Coin Offering) that will transform the way people invest in property, making it accessible to everyone, regardless of their financial situation.
RKEY sells 25 million tokens for $12,500 in initial pre-sale
RKEY operates on the Solana blockchain, a robust and efficient platform known for its speed and low transaction costs. The team designed RKEY tokenomics to support their ambitious goals. Furthermore, the total supply of tokens is 1 billion. The initial pre-sale phase successfully concluded on May 15, 2024, raising $12,500 through the sale of 25 million RKEY tokens at an attractive price of $0.0005 each.
Now, RKEY is in the middle of two major public sales. The first, hosted on KingdomStarter, aims to raise $100,000 by offering 50 million RKEY tokens at $0.002 each. This sale is currently active and will end on June 14, 2024. At the same time, a larger public sale is also taking place on the Kommunitas platform, with a target of $200,000 with 100 million tokens available at the same price. These rounds are crucial to finance the project's development and expansion plans.
RKEY Token Distribution Plan: 20% Immediate Release
A key aspect of any ICO is the token distribution plan, and RKEY has put together a thoughtful approach to ensure stability and gradual release of tokens. Once the public sales conclude, 20% of the tokens will be available immediately, followed by a three-month cliff period. Additionally, the team will release the remaining tokens linearly over the next six months, promoting balanced and sustainable growth in token circulation.
Fractional ownership via RKEY tokens
RKEY's primary mission is to democratize real estate investing, leveraging blockchain technology to make it more accessible and inclusive. By tokenizing real estate assets, it also allows investors to purchase fractional ownership of properties. This innovative approach reduces barriers to entry, thereby allowing more people to invest in lucrative real estate markets that were previously out of reach.
Liquidity Advantage of RKEY Tokens in Real Estate
One of the standout features of RKEY is the promise of passive income for token holders. Investors will have access to a portion of the rental income generated by the properties. This means that owning RKEY tokens is not just about capital appreciation. It also offers a steady stream of income, which enhances the overall attractiveness of the investment.
Additionally, the liquidity of RKEY tokens is a significant advantage. Unlike traditional real estate investments, which can be notoriously illiquid, RKEY tokens can be easily transferred, bought and sold. This flexibility ensures that investors can manage their portfolios more effectively, taking advantage of market opportunities as they arise.
September 2024: platform development target
RKEY has drawn up an ambitious roadmap to guide its development and growth. Key milestones include completion of platform development and regulatory compliance by September 2024. After this, the project will focus on generating marketing awareness to attract a broader investor base.
Starting in January 2025, the company plans to begin acquiring assets, setting the stage for the tokenization process to begin in March 2025. This phase will be critical as it will see the actual implementation of the project's vision, converting physical properties into digital tokens that investors can easily trade and own.
To keep the community informed and engaged, RKEY maintains an active presence on various social media platforms. Interested investors can follow the latest updates and participate in discussions via the official website, twitter and Telegram. These channels are invaluable resources for staying up to date with project progress and announcements.
Tokenization phase begins in March 2025
Mark your calendars for June 14, 2024, as this date marks the Token Generation Event (TGE) and the official distribution of RKEY tokens. At 1:00 p.m., participants will be able to claim their tokens, marking the beginning of RKEY's journey in the cryptocurrency market. After the TGE, RKEY tokens will be available for trading on LBank, giving early investors the opportunity to trade and realize the potential of their investments.
RKEY: Innovation at its core
RKEY is not just another ICO; represents an innovative fusion of traditional real estate investment with modern blockchain technology. By empowering people around the world to engage in real estate investing, RKEY looks set to redefine the landscape, making wealth creation through property a reality for many.
This project also offers a unique and promising opportunity for investors seeking to diversify their portfolios with real estate assets. By breaking down traditional barriers and introducing innovative solutions, RKEY appears poised to have a significant impact on the world of real estate investing. Keep an eye on this exciting project as it continues to develop and implement its ambitious plans. However, remember to be careful with your investments as the crypto market is very volatile and unpredictable.
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