REIDAO

blockchain

FOUNDING YEAR: 2016
LOCATION: Singapore
Last Update: 01/05/2020

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About

REIDAO is creating digital representation of real estate on the Ethereum blockchain by way of crypto tokens. This enable the real estate to be programmable and to allow other applications and services on the Ethereum blockchain to utilize it.

MEDICI Analysis

REIDAO is a real estate investment DAO(Decentralized Autonomous Organization). Based on the DAO model, real estates can be put up for sale in the form of DAO tokens, where token owners will vote on strategic issues regarding the real estate.

Focus

PRODUCTS & SERVICES

Real estate investment platform - to issue ownership tokens for property owners by using the blockchain technology.

REVENUE MODEL

Transaction fee for property tokens that exchanged hand

People

FOUNDERS

Darvin Kurniawan

David Chandra

Kok Beng NEO

Hendrik Tanjaya

BOARD MEMBERS AND ADVISORS

Darvin Kurniawan

Kok Beng Neo

Wee Liang Tan

NUMBER OF EMPLOYEES

1-10

COMMENT:

We are one of the first team working on real estate tokenization on the blockchain.

Momentum

FUNDED

NO

LISTED

NO

For Investors

FUNDING NEEDED:

$600 K

USES OF FUNDS RAISED:

1. Product Development

2. Licensing Requirement

EXIT STRATEGY

Token Sale. Immediate payback to return invested fund to investors.

MONTHS LEFT WITH CURRENT CASH BURN RATE:

12 months from 30 Aug, 2017

BASICS

FOUNDING YEAR:

2016

LOCATION:

Singapore

Views:

299 VISITORS | 513 VIEWS

About

REIDAO is creating digital representation of real estate on the Ethereum blockchain by way of crypto tokens. This enable the real estate to be programmable and to allow other applications and services on the Ethereum blockchain to utilize it.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

REIDAO is a real estate investment DAO(Decentralized Autonomous Organization). Based on the DAO model, real estates can be put up for sale in the form of DAO tokens, where token owners will vote on strategic issues regarding the real estate.

Focus+
Momentum+
People+
For Investors+
Other+

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REIDAO

About

REIDAO is creating digital representation of real estate on the Ethereum blockchain by way of crypto tokens. This enable the real estate to be programmable and to allow other applications and services on the Ethereum blockchain to utilize it.

Focus

PRODUCTS & SERVICES

Real estate tokenization platform.

REVENUE MODEL

Transaction fee for property tokens that exchanged hand

PRODUCT DEVELOPMENT STAGE

PROTOTYPE

KEY DIFFERENTIATORS

Property token enables access to opportunity for everyone due to its lower entry barrier.

PRIMARY CUSTOMER TYPE

Consumer

PRODUCT ATTRIBUTES

Other

People

FOUNDERS

Darvin Kurniawan

David Chandra

Kok Beng NEO

Hendrik Tanjaya

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

CEO, FOUNDER: Darvin Kurniawan

CTO: Hendrik Tanjaya Tan

FOUNDER: David Chandra

FOUNDER: Kok Beng NEO

FOUNDER: Hendrik Tanjaya

TEAM COMMENT:

We are one of the first team working on real estate tokenization on the blockchain.

BOARD MEMBERS AND ADVISORS:

Darvin Kurniawan, Kok Beng Neo, Wee Liang Tan

Momentum

FUNDED

NO

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES