HOW BRICKBLOCK WORKS

Brickblock enables users to invest in several traded assets irrespective of the size of their investment portfolio. It uses smart contracts to handle micro as well as big investments thus offering lower fees and better prices than traditional banks. Users get an asset-backed token with a unique denomination after each investment. The tokens are easily tradable on cryptocurrency exchanges than on stock markets. Assets are also redeemable from the Digital Trust at any time.

Technology used by brickblock

Brickblock will setup a parent smart contract, which will allow to create all further contacts between fund managers and investors. Our vision is that one day Brickblock just verifies the fund manager and gives him an access code to set certain parameters. The fund manager will then be able to set up his own affiliated smart contracts. These smart contracts will be automatically included into the DApp. User will be able to verify the affiliated smart contracts, by just comparing the checksum of the parent smart contract. Therefore, all smart contracts are verifiable and trackable from one address.

How many tokens will be distributed?

There will be 500.000.000 Brickblock Tokens (BBT) in total. Of these:

• 51% will be distributed within these two phases
• 35% will be in company lockdown for at least three years
• 14% will be distributed to early backers, the bounty program, and founders