Brickblock is a smart contract platform that allows you to invest in tokenized real-world assets like real estate and investment funds. Each asset issues its own unique asset-backed token — called a Proof-of-Asset (PoA) token — that legally entitles the owner to the profits of the underlying asset.
Brickblock is building a new blockchain-based solution for investing in exchange-traded funds (ETFs), real estate funds (REFs), passive coin-traded funds (CTFs) and active coin managed funds (CMFs). Through the effective use of smart contracts, order and issuing fees can be reduced to a fraction of traditional costs. This will make investing in Brickblock more financially inclusive across all income classes. Artificial geographical trading restrictions, including the need for a bank account, can thus be eliminated. Counterparty risk can be reduced to mere minutes. Furthermore, Brickblock is introducing a new system of passively managed cryptocurrency baskets, which reduces the risks and high fees of actively managed coin funds by using liquidity providers, incentivized by arbitrage effects. Brickblock's system is based on an underlying rule-based asset allocation rather than high-risk contracts for difference (CFDs). It uses the asset-first principle, which incentivizes asset vendors to deliver assets before getting paid, thus further reducing investor risk.
2. The BBK Network
Brickblock tokens (BBK) can be traded or activated. When activated, BBK holders profit from every transaction. There are three tokens in the Brickblock ecosystem:
- Brickblock tokens (BBK)
- Access tokens (ACT)
- Proof-of-Asset tokens (PoA)
For more information about the token structure, please click here.
3. Token Allocation
- 51% is on sale for the ICO
- 35% is for the company reserve, with a 3 year vesting period
- 1% is for bounty participants
- 13% is for early backers and private investors
- Unsold tokens will be burned.
4. Contract Address
5. Useful Links