Blockchain-based real estate platform Prime-Ex Perpetual is going to launch the token sale of its institutionalized tokens on November 15th, 2017.
PEX-Tokens will be available to be purchased from Prime-Ex Perpetual’s official website at the rate of $1.00 USD-equivalent per unit. Prime-Ex Perpetual has already sold over 3 million PEX-Tokens in a pre-ICO round. It started on November 1, 2017, and ended on November 8, 2017. Prime-Ex Perpetual has secured its minimum targets of the campaign.
With a successful pre-ICO round behind, the next ICO round could be even more successful. In it, Prime-Ex Perpetual will issue a total of roughly 22 million PEX-Tokens for public sale. This is a terrific opportunity to purchase PEX-Tokens ahead of its distribution to the DEX Exchange near the beginning of December.
The raised funds are building residential real estate in Panama that will prove to be the backbone of Prime-Ex Perpetual’s ecosystem in the future. To those who are unaware of this ecosystem, it is a tokenized system that allows expats to purchase residential properties with simple financing and mortgage payment options. Here, PEX-Tokens will prove to be this economy’s centerpiece, allowing easy and quick payment settlements, while incentivizing homebuyers at the same time.
For holders, PEX-Tokens will also prove to be an investment option as they will keep earning 80% of the company’s audited net profit every year.
Prime-Ex Perpetual’s CEO, John Gilbert, stated:
“Crossing over the 2,500,000 PEX-Token thresholds for token sales was a major achievement for us. We are eager to get out there and begin building the homes today that will be the backbone of our ecosystem tomorrow. Prime-Ex Perpetual will now start implementing its unique residential real estate ecosystem and breaking ground on the first houses in Panama.”