BrikBit is the first Lisk-based Real Estate blockchain ecosystem with DPoS - Delegate Proof of Stake consensus, in JS. Each Real Estate project will have its own sidechain and its own independent token, representative of the property. These will have own different rules and features according to the country and legislation. All interchanges will take place using BRIK Coin.
BrikBit Digital Shares is a Blockchain Swiss based Company. Our Team is made up of professionals, blockchain experts, architects with a long experience in Real Estate projects at international level, marketing managers, software developers, entrepreneur: all of Team key people worked in business in important position and with significative business experience.
As Real Estate players we think the existing financial system of this industrial sector is obsolete and no responding to the most important thing: for us a finance system should serve the sector and allow it to grow and to works properly. The actual financial system it is not in this way: the massive presence of middleman means that the situation can not develop without a new proposal and without a strong technological innovation such as Blockchain.
We believe Blockchain as Technology can be used for more than transfer value and we think that it can be used to Register and transfer value of Property, Property rights, Data of Property etc.. We decided to join forces to launch an ecosystem that will revolutionize the sector, always in need of new technologies to go beyond borders and support each player involved in an innovative way.
We believe we are still at the first steps of Blockchain technology possibilities…
Our Idea summarized in follow bullets explains that up to now our project vision is the most organic and promising possible right now:
- Lisk Based Blockchain with dedicated sidechains for the scalability;
- Open Source;
- DPoS - Delegate Proof of Stake consensus protocol (DPoS), which will be the mutual base of all applications and necessary instruments to manage the value interchange within each Real Estate project;
- Each Real Estate project will be able to create its own blockchain (as a BrikBit sidechain) with its own rules and features, different according to the country and legislation of the project itself
All interchanges and blockchain rewards will take place using BRIK, the native coin of BrikBit Blockchain;
- We are about to launch a Social professional Network, a platform where all player involved can move first step in this new world buying and selling services and product for Real estate in Crypto to built a new community;
- We believe the community is on of the winning aspects of blockchain adoption and success and we are focused to building one with all players involved, not only coders, blockchainers and cripto enthusiasts;
We will take care and develop BrikBit project as maximum as possible because this infrastructure platform will be real disruptive of Real Estate industry.
The two founders Alex and Paolo are both Real Estate Architects and meets more than 10 Years ago working on big international Architectural projects. Since then they were be in contact working together. Alex, Blockchainer since 2013, had the idea to use blockchain to manage and develop Real Estate operations since 2015 with original BrikShares become BrikBit Digital Shares. In 2015 Alex meet Giovanni, the marketing manager, working in same office location and the next year, in 2016 Alex meet Stefano, the third founder (security manager, trainer and DPoS forger) in DPoS project chats. Vania, chief community manager, is Alex sister's and friends of Federico, art director, web designer and coder since years. Claudio, Andrea, Raffaele, Flavia and the other team members joined the project since first steps in 2017 and during first months of 2018.
Some risks are same of blockchain startup failure:
Ran out of cash: even if we are used to working with tight budgets and with scarce resources.
Systemic Financial risk: collapse of the cryptocurrency market and consequent loss of value of resources raised.
And some are related to the project - product:
Legal & Regulatory risks and refusal of governments to use decentralized blockchain systems: for this we are exploring different possibilities with different legal advisors.
Operational Risks. All Real Estate Projects have operational risks during development in addition to financial risks: a Project developing an innovative financial platform for Real estate can can suffer from the same problems.
Product Mis-Timed. Idea and development too early for the real world and Real for Estate world: Alex had first vision of BrikBit in 2015 and few people they understood it at the time.