Caviar Exceeds Pre-Sale Goal of $1.5M, Announces Crowdsale Launch & Financing for First Real Estate Property in December
Bitcoin Press Release: Caviar’s Crypto + Real Estate in One Token Approach Validated with Investment in Pre-Sale Exceeding Goal, ICO Aims to Raise $25M
12 December 2017, The Cayman Islands – Today Caviar launches its crowdsale after announcing a successful pre-sale that exceeded its goal with over $1.5M raised in 7 days. Caviar is pioneering a unique approach to create a dual-purpose token and crowdfunding platform built on the Ethereum blockchain. Caviar’s token offers access to income producing real estate debt and fast growing cryptocurrencies, with built-in downside protection and automatic diversification.
Caviar’s team, who have successfully managed a multi-million-dollar real estate debt fund since 2013, are putting their established processes to work to immediately start making profits for their token holders with the financing of their first real estate property in December. Caviar’s token generating event (ICO) will run until January 31, 2018 with the goal of raising $25 million in total.
As the blockchain investment expert and Caviar advisor David Drake, Chairman of LDJ Capital notes, investors in the Caviar ICO are uniquely offered real assets.
“While there are immense profits to be made from the volatility of the market, investors of cryptocurrency are offered little in the way of real assets. Caviar has a compelling offering with a diversified approach that includes real estate,” said Drake.
Caviar Technology: AI Driven Model
As explained in the recent company blog post “Caviar: Why Diversification Is Always a Sound Strategy, Especially in a Crypto Crash or Bear Market,” Caviar leverages an AI-powered approach, the proprietary Intelligent Predictive Model (IPM) for crypto-assets and crypto-currency price forecasting — both long and short term — which enhances predictability as well as asset allocation. Unlike other ICO’s, Caviar’s IPM gives it a competitive advantage, and its’ exposure to two uncorrelated asset classes enhances Caviar’s ability to generate profits, even in down markets. Also, using CAView, Caviar can guarantee transparency and ensure honest and anonymous profit sharing and distribution.
Caviar Is Committed to Driving Value for Investors: First Real Estate Backed Loan to Be Issued on December 15th
“In addition to diversification and downside protection, Caviar is committed to immediately start making profits for token holders. Therefore, we are proud to announce that Caviar is already moving forward with a new real estate development project, as the financing of the first property for Caviar in December is underway,” commented Guy Neumann, Caviar partner.
As noted in the company’s news blog, heading into 2018, the real estate investment processes that Caviar has developed and maintained over the course of its five-year successful history will stay consistent, including working with established and full-time dedicated real estate developers who are well-vetted.
“For this new deal we will be working with a real estate developer with whom we have already financed several deals. Even though we know this developer and his work, we still approached the underwriting in the same way. We reviewed his back end market analysis against ours and completed a home inspection prior to issuing an official commitment,” noted Neumann.
Join the Caviar Token Generating Event by visiting www.caviar.io.
Find Caviar on Facebook – https://www.facebook.com/Caviario-399312880484276/
Follow Caviar on Twitter – https://twitter.com/caviar0x
Official Caviar Telegram Group – https://t.me/caviar0x
Caviar on Reddit – https://www.reddit.com/r/Caviar0x/
Media Contact
Contact Name: Kathy Berardi
Contact Email: [email protected]
Location: The Cayman Islands
Caviar is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.