The decision to form Max Property Group is made. Founders’ money used to prove financial model by buying, renovating, and renting out apartments in Rotterdam.
Max Property Group B.V. is incorporated
First property fund is launched (Max Property Fund - Netherlands)
Max Property Fund Netherland is fully subscribed and completed.
Second property fund (Max Property Deutschland – Germany) is launched, third property fund (Max Property Investment Group – United Kingdom) is launched. The decision to establish a property crowdfunding platform using an Ardor child chain is made. A development team from Auxesis Infotech is selected.
Max Crowdfund platform development initiated further to a seed round to raise €115,000.
An ITO is initiated for the MPG token. Agreements are signed with Jelurida. Fourth property fund (Max Property Fund II – Netherlands) is launched.
Registered users reach 70,000 and ITO is finalised with a total raise of €500,000. Members of the Board are appointed, group restructuring is initiated.
Group restructuring finalised as the Max Property Group blockchain (child chain) goes live (login required), check top 500 distribution. Wallet creation functionality is added to platform as well as purchase MPG token functionality, transfer MPG token functionality and the option to invest directly in property funds. MPGt token is listed on STEX, P2PB2B, Sistemkoin and Coinmarketcap
Automated KYC function added to platform, using Sum & Sub (including PEP and sanction list checks). Burning of MPG tokens is implemented alongside multiple small changes and enhancements as well as security improvements.
Q3 2019 (in progress)
Transaction fees for Investors and Fundraisers updated and Bank API integrated with bunq. Issue assets functionality (property funds) is placed on blockchain (includes asset control) as well as the implementation of purchase and transfer of assets. MPG Meet-up with media & investors during live burn event of 40 million MPG tokens. Launch of MPG listing on Assetum. Exchange on Sep 15th.
Application for exemption from Dutch finance authorities (AFM) sought, to allow investing in 3rd party loans. Exemption to allow third party fundraisers to create assets on Max Crowdfund. Listing of MPG token on additional exchanges
Q4 2019 (planned)
The release of 5% of MPG tokens to founders and seed round investors. Property listing functionality on the Max Property Group blockchain (issue singleton asset) completed. Implementing the purchase and transfer of singleton assets (property) on the blockchain. Allow third party selling (transfer) of property on the platform
Receive license from Dutch finance authorities (AFM) allowing investments in bonds & equity. Allow the issuance of property bonds and property equity assets, including asset control (restrictions apply depending on jurisdictions and regulations). Add renting of property functionality(implement lightweight contracts). Community management support (Property Owners Associations access)
Obtain EU-Passport license from the Dutch finance authorities to other EU countries. International property management services support, including periodic maintenance and repairs support ticket system functionalities to be operational.
Import and register properties from various national land registries such as Netherlands, Germany, United Kingdom.
Full support for trading assets (restrictions apply depending on jurisdictions and regulations).
2010 (future plans)
Expansion to Asian & Middle Eastern markets
Expansion to US market & rest of the world
|Token Platform||Separate blockchain|
|Token Amount For Sale||125,000,000|
|Ico Token Price||1 MPG = 0.01 EUR|
|Ico Token Supply||12.5%|
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