AMA Recap Cryptoscreen With Brick Trade

On 10 February 2022, Brick Trade conducted an AMA in the Cryptoscreen Community. Our guest is the Guv Kang of Brick Trade.

Lots of questions as usual from the Community about Brick Trade progress. The Brick Trade team took part in a very interesting AMA session which included introductions, questions from twitter, and a live AMA session with the Cryptoscreen community. If you missed the AMA in person, read this recap for a deeper insight into Brick Trade.

Let’s take a look at the most interesting points of our conversation.

INTRODUCTION

Inol Granero :
Okay, Before I start the first session can you introduce yourself to our community?

Guv Kang :
I will be glad to I am Guv Kang Founder and CEO of Bricktrade. I have more than 15 years of experience in the real estate sector as the founder of Waterfronts.co.uk, a premium real estate agent located in London’s Docklands, with offices in Hong Kong. My expertise is in real estate sales and letting, development launches, redevelopment projects, property investment fundraising and managing relations with housing authorities.
linkedin.com/in/guv-kang

Inol Granero :
Thank you for introduce yourself sir

Nice background
Your experince will certainly motivate us in the future😊

Inol Granero :
Okay, In the first session I will give questions about Bricktrade, of you have given an answer please say “Done”

Guv Kang :
👍

Inol Granero :
Let’s start first Session

Q1. Can you tell the members a little about Bricktrade?

Guv Kang :
Bricktrade is a real estate tokenization platform to deliver fractional investments and property ownership by accepting crypto and fiat. Our current focus is on construction finance, where we help property developers raise their construction finance through crowdfunding, instead of going to the bank for this capital. This means we can provide investors with high returns in asset backed investments.

Investors will also have the opportunity to buy fractional parts of the finished units from the developer once they have been built. They can then choose to rent or sell the unit, which we can manage all in house.

Guv Kang :
The model is simple, the technology behind the scenes is complicated. By putting the two together we will change the way property investments are transacted, making it more streamlined, more consistent over borders and lowering the barriers to entry, while being the first to accept crypto and fiat.

Inol Granero :
next question

Q2. Can you explain how Bricktrade and what kind of services it offers to users?

Guv Kang :
Our platform will allow property developers to send us projects, we will then carry out full due diligence on them and also valuations, costings, timelines on the project and then this will be published for our Investors to be able to invest into the construction finance of the project or into the properties being built. With our partners Waterfronts we can rent and manage the property on the crowd of investors in each property.

We will be launching several products over the next two years, such as asset backed construction finance and fractional ownership. We are currently focused on launching a full production version of our platform and also achieving all of the necessary legal and compliance demands on the platform.

Inol Granero :
Perfect ! Thank you🙏
Q3. What products does Bricktrade have and in the future, will you add more products?

Guv Kang :
Bricktrade will launch by offering the following services;
– Asset backed construction finance investment with interest up to 10%
– Fractional ownership of the developing assets we funded

Bricktrade will have many future services, to name a few;
– Staking Pools
– Affordable Housing
– Property Raffles (which allows our users to win a property in the UK debt free!)

Inol Granero :
Continue to the fourth question

Q4. How do you solve liquidity issues and how to ensure user asset security?

Guv Kang :
This is all baked into our business model. Our model is more about fixed income earning with asset backed investing. These function more like fixed income bonds so there is not much trading activity and volatility. User asset security is all done via the users wallets which have the same institutional level security that you would expect from a modern crypto firm.

Inol Granero :
Okay next question, This is the last question in segment 1

Q5. Have you met all your goals in the roadmap till now? And were there any difficulties that you didn’t expect and were not be from for?

Guv Kang :
great questions

I will share the new road map for the future, what we have achieved so far is;
– Produced our Whitepaper
– Brought together an experienced team
– Designed the platform
– Developed our Beta platform
– Developed our 2x apps (IOS & Android)

Guv Kang :
So back this roadmap is from Q4 2021 till Q2 2023, which we are on target for;
We have our compliance team in place and in the process of being regulated by the FCA and just announced our partners Crowd for angels

Our blockchain and skating functionality will be announced by the end of Q1 as will our listing of BRKT token on exchanges.

Inol Granero :
Okay, we move on to the second session, which is a question from Twitter😊

Guv Kang :
👍👍🚀🚀

QUESTION FROM TWITTER

Inol Granero :
Q1. What are the steps to become a part of your community, and start getting revenues? Where do we buy, where do we sign up? This looks like an amazing project?? @motak72827

Guv Kang :
First thing to do is to follow all of our social channels and telegram group;
Telegram Community (https://t.me/bricktrade)
Telegram Announcement Channel (https://t.me/BricktradeNews)
Instagram (https://www.instagram.com/bricktrade.co.uk/)
Twitter (https://twitter.com/brick_trade/)
Discord (https://discord.gg/NXBJzH9rqP)
Medium (https://bricktrade.medium.com/)

Guv Kang :
Then register on our Website (https://www.bricktrade.co.uk/)

We will shortly be listing on a few exchanges and our community will be the first to know where you will be able to buy the BRKT token.

Inol Granero :

Q2. Usually an investor invests in a project for high returns. So how will you achieve that goal and how will you guarantee your investors, traders and innovators that they will have high returns? @viksion_91728

Guv Kang :
We have 2 token types: BRKT – our company token so know that as we hit our roadmap and grow this token will do well
Property tokens – are stable and asset backed which pay fixed returns and do not suffer from volatility.

So we provide 2 options and investors can decide which suits their investment profile.

Inol Granero :
Q3. What strategies does your project use to position itself and grow its community of players and strengthen it? What are the advantages that allow you to stand out in the market? What is the strategy to get tokens like? @Bahagam1

Guv Kang :
We have 24hour telegram community managers to make sure our community can reach out to us at anytime they need us. We have various news and updates coming out regularly to make sure our community is updated. We also have regular competitions where our community can get involved and win some prizes.

Inol Granero :
Thank you

Q4. How do you at Bricktrade expect to leverage the benefits that your recent partnership with LaunchPoolXYZ will bring? What specific aspects of the Bricktrade platform will be improved as a result? @El_yasa123

Guv Kang :
Our partnership with Launchpool has been invaluable, their expertise and knowledge has helped us learn and connected us with experts in the industry. It has helped us to raise our seed round and shortly we will be in our private round before IDO launch in March.
They were also integral in helping us design our token omics;

We have already started deploying our seed raise to better the platform by designing a staking solution, start development on our chain and begin integration with our payment gateways for our investors. We also hope to have a re-design of the website before we launch our working platform.

You can keep updated with our progress through our telegram group https://t.me/bricktrade

Inol Granero :
Okay next question, This is the last question in segment 2

Q5. Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Can you tell us about your current partners, plans for partnerships and what everybody stands to gain from these partnerships? @RYZEN251

We have many strategic partnerships in place and more to announce in the coming weeks;

Alphabit & Tech Stars – Investors
Waterfronts – Lettings & Management
Crowd for Angels – FCA regulations
Eversheds & Harper James – Legals
Matterum – Smart Contracts
Certik – Smart Contract Audits
London & Capital – Wealth Management
Archax & Gate.io – Exchanges
TBA – Press Partner
Jillian Godsill – Brand Ambassadors
TBA – Strategic Advisors

LIVE/FREE QUESTION

Q1. I am interested to invest in your project. When and where can I buy your tokens? Is it already listed exchanges?

Guv Kang :

You will be able to participate in the PRE IDO here;
https://app.launchpool.xyz/labs/brick-trade-seed/

Q2. Do you have any plans to attract non-crypto investors to join your project? Because the success of a project attracts more investors who haven’t yet entered the crypto world. What are the plans to raise awareness about your project in the non-crypto space.

Guv Kang :

As I have been in the property market for the past 15yrs, we already have over 1500 investors registered, with interest investing from traditional finance 🚀🚀🚀🚀🚀🚀

this will help with our coin stability and steady growth.

Q3. Can you list 1-3 killer features of this project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?

Guv Kang :

– 1st in the uk to accept Crypto & Fiat for property investment (REGULATED BY FCA)
– Our team brings deep property knowledge to the project
– We will be holding property Raffle which allows our users to win a property in the UK debt free!

Q4. How can users stay updated with #bricktrade project? Are there channels, including local communities where users can get the latest updates?

Guv Kang :

Website (https://www.bricktrade.co.uk/)
Instagram (https://www.instagram.com/bricktrade.co.uk/)
Twitter (https://twitter.com/brick_trade/)
Discord (https://discord.gg/NXBJzH9rqP)
Telegram Community (https://t.me/bricktrade)
Telegram Announcement Channel (https://t.me/BricktradeNews)

Q5. Almost 4/5 of investors are focused purely on the price of token in short term instead of understanding the real value and health of the project. Could you tell us on motivations and benefits for investors to hold your token in long term?

Guv Kang :

BRKT Token holders will have the ability to view and invest into various projects we will be listing on our marketplace, all asset backed. We will also be introducing skating pools where we will purchase income generating build assets and share yields with our investors.

Token Holders will have many benefits such as;
– Early access to projects
– Get bonuses from their investments
– Early access to our property raffles – we will hold raffles where they can win a property debt free!!
– Rewards for staking
We will be announcing more and have also planned a buy back in 2024

 

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More information about Brick Trade

Website 

Twitter 

Medium 

Telegram 

Discord

Facebook

THANK YOU.

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