Crypto smart-street construction
- ICO start: 1. Aug 2017
- ICO end: 29. Sep 2017
Technology: Ethereum blockchain
Xaurum Gamma ICO Short Review
Xaurum Gamma is a commonwealth of the first crypto smart-street. It is composed of six luxury villas on the island Krk in Croatia, a prime tourist real-estate. The goal of Xaurum projects is to preserve and increase value. The investments must therefore be long-term, relatively safe, yield the most profit and be augmentable by speculation. Real-estate is a safe investment, especially in a touristic setting. However, the time required for profitability makes it infeasible for small investors and crypto can mitigate this downside. The creation of Xaurum Gamma, a crypto-asset that represents half of the profit (and accumulates it in xaurum), creates a way for investors to benefit from speculation. It avoids its potential downside by employing scarcity (the number of Xaurum Gamma tokens is limited), guaranteeing a minimal value through its use (Xaurum Gamma tokens can be used to rent a villa at the rate 1 XGM : 100 € or higher when recapitalized) and the growth of its xaurum reserves.