Project Highlights/Summary
Benchmark is a new crypto-based community that will launch in Q2 of 2018.
By owning Benchmark Utility Tokens (BMK), community members will gain access to a marketplace that will allow them to participate in a unique set of projects in the developing world, with an initial focus on Africa. The Initial Token Offering (ITO) aims to raise approximately USD $35 million, to create the platform for these projects.
Benchmark, which has been founded by a consortium of business people with significant acumen in financial services, venture capital, investment banking, construction, property development and management, validates and vets the projects (read more about the Founders of Benchmark in chapter Our People). While many cryptocurrencies rely on the market alone to derive their value, the Benchmark utility token holders are allowed to participate in the Benchmark Hedge Fund and have the opportunity to contribute to robust projects worldwide - beginning with green and fintech projects in developing countries.
Ahead of the official ITO, there will be a number of pre-sales, which will allow early adopters the opportunity to contribute to Benchmark Utility Tokens at a heavily discounted rate. Token sales started on April 02, 2018 and 50 million tokens will be on offer. Benchmark is an ideal choice for fintech enthusiasts who are interested in gaining access to a crypto marketplace with a difference; it’s designed uniquely with protections in place against many of the problems that are seen to bedevil the Token markets.
Our Values, Principles, Goals And Objectives
We are a business created for real people and managed by real people. We solve problems and provide opportunities using the security of the blockchain and our utility token. The Benchmark Utility Token has been created as a crypto-based mechanism to raise funds for the development of several exciting projects that provide the opportunity to optionally participate in creating a more sustainable future.
These include:
- Finance the expansion of a comprehensive community-based banking system targeting financial inclusion for previously unbanked people through Fintech applications;
- To implement state-of-the-art Material Recycling Facilities built on a unique model with proven profit results;
- Bring to market a revolutionary, scalable system that desalinates or cleans water while at the same time generating electricity;
- To disrupt the construction industry by creating a 360° green company, that will enable users to move off the water and electricity grids in buildings constructed from green materials using renewable energy generation systems;
- To develop a Real Estate Investment Trust (REIT) that will enable the Group to acquire its green community developments and deliver above market results and methods to build capital for further development.
Our pilot project will focus on opportunities in Africa, with subsequent projects taking place in Portugal and Canada. Benchmark Utility Token will be developed by Benchmark International Ltd, a Limited Liability Company duly incorporated in terms of the laws of Malta. Benchmark Utility Tokens create the opportunity for the holders of tokens to participate on a case by case basis in projects. They are not compelled to participate in any project and in every project they can only participate after fully considering all the legally required disclosures related to the security token related to the project in question.
Our business model and token value
The Benchmark marketplace will provide entrepreneurs with the opportunity to participate in a community that will fund proven solutions in the green and fintech spaces, beginning with the projects mentioned above. The Benchmark Utility Token will be offered to contributors as a token through which they can gain access to future business.
This business, which will be developed by Benchmark International Ltd, will provide significant opportunity to participate in cutting edge opportunities in one or more of the following ways:
- The holders of the Benchmark Utility Token will be invited on an exclusive basis to join in the funding of approved projects and in so doing at a later stage may acquire interests in the individual projects. Benchmark International will underwrite all projects and will provide any funding not raised otherwise. Projects can only be funded through an approved prospectus and holders of Benchmark Utility Tokens are not compelled to participate in any given project.
- The holders of Benchmark Utility Tokens may hold their Benchmark Utility Tokens for potential value accretion in the market.
- The holders of Benchmark Utility Tokens at a later stage may trade their Benchmark Utility Tokens on the exchanges.
- They may also choose to place the tokens in the proposed Benchmark Hedge Fund, which will be established in due course, and that will execute value enhancement activities as described in this document.
There is no automatic participation in any project and all projects will issue securities appropriate to the project that can only be acquired on the basis of a prospectus.
TOKEN SALE
- Token name & Ticker : Benchmark, BMK
- Total supply : 300,000,000 BMK
- Hard cap : US$ 30,000,000
- Soft cap : US$ 100,000
- Available for Sale : 50,000,000 BMK
- Presale : 20,000,000 BMK
- Public Sale : 30,000,000 BMK
- Exchange rate : $ 1.00 = 1 BMK
- Min. purchase : 50 BMK
- Restrictions : 120 days on presale tokens
- Unsold tokens : Burned
EARLY CONTRIBUTOR DISCOUNTS
- 75% until 28 Apr 2018
- 50% until 12 May 2018
- 25% until 26 May 2018
Volume (USD) | Bonus
- min. $1,000 : 5%
- min. $5,000 : 10%
- min. $10,000 : 20%
- min. $20,000 : 30%
- min. $50,000 : 40%
- min. $100,000 : 50%
Roadmap and Current Developments
Q4 2017 White paper release
Q1 2018 Incorporation Benchmark International in Malta Presale 1. & 2. Series
Q2 2018 Presale 3. Series Public Token Sale 28 May.
Q3 2018 Implement growth activities for Benchmark Finance Company Finalise ground purchase for recycling plant and establish ownership through the REIT. 3 ITO closes 31 August Token distribution in September.
Q4 2018 Benchmark Finance Company growth & marketing Recycling plant installation of machinery and testing REIT financial structuring for further purchases of ground Ground assessment for first development scheme.
2019 Benchmark Finance Company financial product development Recycling Plant 1 begins work Recycling Plant 2 options assessed REIT purchase options Tenkiv distribution & sales planning with installation of first units Options on ground purchases taken up.
2020 Benchmark Finance Company consolidation and growth plan with new products Recycling Plant 2 operational REIT purchase of recycling Plant 2 property Tenkiv distribution plan for South Africa and Ghana Tenkiv distribution options to Middle East assessed qne finalised Property development scheme finalised and ready to break ground.
For more information please follow some links below:
WEBSITE || WHITEPAPER || FACEBOOK || TWITTER || TELEGRAM ||
Bitcointalk username: Monyong
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