BRIKN
INTRODUCING Brik by Brik
Brik by Brik was conceived in 2021, and established in early 2022, to take advantage of the ever-growing property sector and to become a top national multi-sector property developer, with its main focus on BMV property packaged deals which deliver high income-driven rental yields. Headquartered in London, we have an in-house specialist team and work with multiple property sources in the United Kingdom who regularly update us and offer investment properties packaged and ready to be purchased. We only look for yields of at least 10% and we are targeting a portfolio of £50m in the next 5 years.
With many years in the property sector we aim to deliver properties of exceptional quality in the property sector. At Brik by Brik and BRIKN, we have strong relationships with our partners, from property sources, retailers and investment houses, to agents and planners, architects and solicitors, to financial advisors.
ECOSYSTEM OF BRIKN
Brik by Brik is a UK property developer and management company that builds revenue-producing business assets in real estate. BRIKN is a fundraising arm and DAO (Decentralized Autonomous Organization) platform that shares rewards from the rent and sales within the portfolio. To join a DAO, users must first purchase our token and then join the DAO by staking those tokens in the BRIKN Vault. Users who own this asset can vote on proposals and modifications in proportion to the amount they own. Those who own both the BRIKN token and the BRIKN NFTs will have the opportunity to operate the organisation beyond the management team. The team will give the ecosystem members a chance to vote on different aspects of the company’s plans and business proposals, what property to buy or to sell, renovate and remortgage or to leave it how it is. This will allow those who invest to become part of the ecosystem, helping to decide the direction of the organization and, more importantly, having more control over their investment.
BUSINESS MODEL
Due Diligence
Every project potential is subjected to a thorough diligence process to assess its viability. This will entail a thorough examination of comparable market sales prices. the location of the land or property, precise financial models, and costings and finally project the profit.
Purchase
We will buy the property after a thorough examination of the project’s financials, and it will become a part of the company’s assets
Development
The property or land site will then be developed, refurbished, or planning consent will be sought. Professional advisors and /or contractors will then be appointed.
Marketing, letting the sale
Local agents will be engaged to begin selling the properties to potential buyers/renters although most of which we do in house with our property management team.
Redemption
Token holders will be eligible to stake their tokens on our platform, allowing them to get a proportionate share of the rental yields from the property in both rental income and sale profits.
BRIKN Sectors
Residential Mixed use
Buy to let (BTL)
Land (obtain planning permission build or sell)
Buy, refurbish, re-mortgage (BRR)
Commercial to residential
Buy to sell
New builds
Student lets
Houses in multiple occupation (HMO)
Housing associations and registered providers
Airbnb
Rent to rent (R2R)
Lease options (LO)
Welcome to the next generation of property investment powered through the blockchain. Many investors out there want to have a flourishing property portfolio, but don’t know the best way to build one. We now give people the chance to own fractional amounts on our whole property portfolios income as well as contribute to our property ecosystem.
HOW IS BRIKN REVOLUTIONIZING THE REAL ESTATE MARKET?
DAO and DeFi (Decentralized Finance) are being introduced to the traditional real estate sector by BRIKN. BRIKN & Brik by Brik can create solutions that are not currently available on the market utilizing cryptocurrency. Our benefits that revolutionize the real estate market are as follows;
Real estate market transparency
Increased transparency allows for our investors to see exactly what we are buying, what the yield is being achieved, this combined with our DAO governance model means the token holders are able to vote and share their opinion on the project and the properties we buy, sell and rent out given the investor greater control then a traditional REIT.
Low barrier of entry
A low entry barrier means a low cost to enter the investment, you can be involved with multiple properties and benefit from the monthly rental yields with a very low investment level compared to if you bought a property yourself.
Passive income
Earnings from a rental property, limited partnership, or other business in which a person is not actively participating are referred to as passive income. By purchasing the token this grants the owner to income every month without having to be involved with the day to day running of the business giving the investor more freedom to enjoy life.
Cash flow liquidity
Cash flow is a measure of liquidity. When a company has positive cash flow,
its liquid assets are increasing. Profit is left after the total expenses of the
organization are subtracted from total revenue. Profit is the ultimate performance metric. An organization can turn a profit but still have a negative cash flow.By obtaining some of the revenue into the company this gives us greater liquidity for future purchases.
Diversified investment
Diversified portfolios are made up of many types of assets that produce higher long-term average returns while lowering the risk associated with any single holding or investment. BY investing in a multitude of property investment opportunities this gives us a multitude of income and growth form various property sectors. Real estate and infrastructure are also appealing investments, particularly during bear markets for risk-averse investors.
Value proportion
The BRIKN token and ecosystem allow us to provide a unique experience where investors can be more liquid, attain higher returns, and have a fractional ownership from multiple property income as well as profits made from the company by managing the properties we own. Concurrently, investors receive the benefits of holding a soon-to-be income-producing token in one of the first real estates companies built on blockchain.
Tokenomics
Token Network: Polygon
Token Name: BRIKN
Token Ticker: BRIKN
Fully diluted market cap: $48,000,000
Circulating supply: 12,000,000
Total Supply: 600 Million
Price variable: $0.080
Mintable: No
Burnable: Yes
Token Distribution
Private: 6%
Seed: 5%
Pre Sale: 12%
Public Sale: 2%
Ecosystem: 30%
Liquidity: 10%
Marketing: 5%
Team: 15%
Advisor: 5%
Reserve: 10%
BRIKN TOKEN ROADMAP
2021
Q2
Concept of BRIKN Ecosystem created
Concept of Brik By Brik
Q3
Commenced structuring business model of BRIKN
Q4
Management Team put together
2022
Q1
Launch strategy planning
Tokenomics planning
Website build commenced
Recruited social media marketing experts to help establish a strong online community.
Q2
Brik by Brik incorporate
Whitepaper content creation
Website content planned
Pre-registration page live
Strategic partnerships formed
Q3
Website finalised and launched
Whitepaper finalized and launched
Refinements made to all communication materials
Final checks to website infrastructure
Start first PR marketing
Finalizing ICO platform to go live
Social media channels launched
Start to grow the BRIKN community
Proposed BRIKN private sale launch date
Community incentives go live
Promotional 3D HD video live
Launched on ICO listing platforms
Release your tube video review and founder interviews
Implement package deals and rental property strategy
PR strategy continues
Start building community airdrops and competitions
Implement influencer strategy
Q4
The First 3-5 properties purchased
The First 3-5 properties rented
The First 3 rent agreements put in place
Become a member of property ombudsmen
Start pre-sale and open seed sale
PR strategy continues
More youtube reviews released
Begin staking and DAO platform development
2023
Q1
Began building the NFT project minting platform
Discussed potential listings with exchanges and launchpads
Purchase additional properties for rent
Start public sale or PAD sale
Implement buy 2 flip model
Purchase first properties to renovate and Flip
Purchase additional rental properties
Apply for the British property federation and the national association of property buyers
Release staking platform
Complete 2 audits
Release contract on main net
Q2
Structure the NFT marketing plan
List on exchanges
Continue PR and marketing
Continue to add serviced accommodation model
Implement a marketing plan for building the community
Q3
Re-mortgage half of the first rentals purchased
Purchase additional properties
Release NFTs and DAO
Q4
First, draw down from the ecosystem
Start to implement a development strategy
Purchase land to obtain planning for multiple units and build or sell to a recognized developer
Purchase additional rental and buy to flip.
TEAM
PARTNERSHIP
Final thoughts
The BRIKN token and ecosystem allow to provide a unique experience where investors can be more liquid, attain higher returns, and have a fractional ownership from multiple property income as well as profits made from the company. The BRIKN vault is a unique part of the BRIKN ecosystem, which allows holders of the BRIKN token to stake in the vault for any period of time. This is a strong & promising project. I hope the development of this project is getting better in the future.
More information about BRIKN
Website: https://www.brikn.io
Whitepaper: https://res.cloudinary.com/brikn/image/upload/v1673099101/dn828sv1ko2gqjjaoiy3.pdf
Telegram: https://t.me/BRIKN_DAO
Facebook: https://www.facebook.com/BRIKNDAO
Twitter: https://twitter.com/Briknio
Youtube: https://www.youtube.com/channel/UC72L5sbEXUPXHC4dI6X5h5g
Author Details
Bitcointalk Username: AnnisaShezanBanafsha
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3473151
Gmail: bakulbanyu.bb.grub1@gmail.com
Wallet Address: 0xEA828C618E87eDA800371702b47E0e625c0CF2Dd
