LAS VEGAS, April 13, 2019 /PRNewswire-PRWeb/ -- In a
recent announcement, BlockPark Technologies Inc, unveiled that they
are presenting one of the more lucrative high-tech real estate
projects in the Las Vegas area
called, "The DT57 Towers." The development is located in the
downtown Las Vegas area, and
presents a very unique investment opportunity for those that
understand the profitability of new technological advancements. In
particular, they are utilizing their proprietary decentralized
property management software, and unique real estate investment
platform. It is the first investment opportunity open to the public
through their public offering at http://www.BLOKtoken.io.
The owners of the "THE DT57" project is currently looking for
accredited investors that can purchase what are called, BLOK tokens
through BlockPark Technologies STO (Security Token Offering) sale.
The tokens are dividend bearing securities designed to seed the
initial portion of this project, hard capped at $4.4 million. By making an investment toward
achieving this goal, 100% of your investment will be used as
secured equity in the development of the DT57 Towers project. In
addition, BlockPark Technologies is offering 10x your initial
investment in BLOK tokens that represent a share of stock in the
company. According to the site http://www.BLOKtoken.io the company
develops decentralized property management software using
blockchain technology that implements its native BLOK tokens in the
BlockPark ecosystem. The tokens are a dividend bearing security
that represent an ownership interest in the development of the DT57
Towers, and earn revenue based on the total income BlockPark
Technologies nets by selling software subscriptions to other
property owners and management companies whose assets become part
of the same ecosystem.
For those that are not aware of how security tokens work in
blockchain, they represent an ownership amount of the company the
same way traditional securities are held. Security tokens also have
a hybrid functionality that allows them to be used as a method of
payment within an ecosystem, while also representing shares of
stock in the company. In this case, BlockPark Technologies allows
tenants to pay rent and receive credits in the form of BLOK tokens
which empowers them to own and invest in their communities without
having actual ownership of the properties they live in. Tenants are
now rewarded for paying rent on time, and in theory, will have more
pride in their communities knowing that they can make money simply
by paying their rent.
The best aspect of this investment is the equity play in the
high-rises that will be constructed. This will include a couple 15
story towers which can be used for a variety of reasons, including
street-level retail space that will be available. The DT57 is
expected to have over 30,000 square feet of coworking space that
ownership plans to attract a company like WeWork, or similar types
of coworking management companies who invest in community startups.
On the rooftop, there will be a pool, restaurant, tavern and over
10,000 square feet of open terrace for pop-ups, events, and other
activities open to the community. It is located in downtown
Las Vegas, which has seen a big
resurgence of trendy new restaurants, bars, and entertainment that
go along with everything else Las
Vegas has to offer which makes it attractive. With all the
growth downtown Las Vegas has seen
over the last 10 years, renting out the 250 residential units
should be easy to do, creating an almost instant revenue stream for
those that make this initial investment once the project is
complete.
BlockPark Technologies Inc is one of the more innovative
businesses that is looking at blockchain technology as a way of
creating a lucrative business model. The coupling of the
construction project of the towers, the community aspect of the
live work concept, and the use of blockchain dividend bearing
security tokens in a real estate investment platform makes this one
of the more unique business propositions on the market today. It
may mark the wave of the future as a ground-floor opportunity for
those that will invest in this technology. Once they have reached
the maximum number of accredited investors, this opportunity will
likely be closed off to the general public or businesses that want
to invest. Any accredited investor considering the potential upside
of a tech company, and the security of a real estate company should
contact BlockPark Technologies or visit http://www.BLOKtoken.io as
soon as possible.
SOURCE BlockPark Technologies