BTC $ 10,375.54 0.28%
ETH $ 194.02 3.16%
MARKET CAP $ 271 bln 0.69%
ICOs 5,430

DIC Resort Private Token Offering

ICO has 107 days left
2,840 Views
DIC Trading Limited’s founder Dr. Lubos Riha and his team are planning to raise a total of USD 27,933,500 (Twenty Seven Million Nine Hundred Thousand Five Hundred USD) through a Private Token Offering (PTO) in addition to the US$ 15 million founders and sponsors equity.

DIC Private Token Offering (PTO) is a Restricted Collective Investment Scheme limited to accredited investors and institutions (private placement) with the aim of financing the design, development and construction of our luxury lifestyle beach resorts project on Al Marjan Island in Ras Al Khaimah (United Arab Emirates).

Our offering is backed by REAL ASSETS (hotel + real estate):

* Pre-selected Steigenberger Hotel & Residences (G+12 Resort 575 keys + Service Apartments 384 keys)
* Al Mahra Resort (G+12 Hotel Apartments, 548 keys, under construction)

KEY DEAL SUMMARY

Our bond-type product (maturity 5 years) returns are financed from profits from real estate off-plan selling (development phase) and from hotel operating profits (operating phase).

* 7% per annum in a single annual payment calculated from DIC’s Private Token Offering closing date

* Additional 5% premium paid on the 5th year, hence totalling a 12% interest paid on the 5th year

* Buy-back of principal investment by our company; Your initial investment returned to you on Year 5

* Net 44.5% IRR, net 3.1x profit multiple (based on 7.00% exit yield and assumed 60% hotel occupancy in 2nd operating year, i.e. exit year)

* 40% cumulative interest repayment over the 5 years period

ADDITIONAL BENEFITS:

* Affiliate programme: Get 5% commission for the inviter + 5% commission for the invited by using following affiliate link: https://dashboard.dicresortoken.io/?ref=2f92e

* Buy back option - Investors will be entitled to enter into our buyback program (re-purchase of tokens by the company) after holding the token for three (3) years. Detailed terms and conditions will be published at due time.

* Default Event - In the event of interest payment default, the Token holder shall be entitled to a pro-rata equity share in the Development or alternatively a conversion into a real estate unit, at the Token Holder discretion and in accordance to prevailing laws in United Arab Emirates.

* Conversion rights: After holding the tokens for a 3 years’ period, each token holder shall have the right to convert at any time their tokens as well as accumulated interest (and premium if at the exit time) into a physical possession of a Unit in DIC Resort project at an advantageous discount rate.

* Time Sharing:
- Diamond Members (minimum of 50,000 DIC Tokens) – a five years’ option for a 30 days’ free usage of a hotel or apartment Suite in DIC Resort hotel & residences.

- Platinum Members (minimum of 30,000 DIC Tokens) – a 3 years’ option for a 14 days’ free usage of single hotel or apartment Junior Suite in in DIC Resort hotel & residences.

- Gold Members (minimum of 15,000 DIC Tokens) – a 3 years’ option for a 7 days’ free usage of single hotel or apartment Junior Suite in in DIC Resort hotel & residences.

MINIMUM INVESTMENT: 500 DIC

More information on https://www.dicresortoken.io/
5.5
TOTAL SCORE
6.9
ICO PROFILE

(weight: 45%)

1
SOCIAL ACTIVITY

(weight: 35%)

10
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Pre-sale Time: 17 Apr 2019 - 18 July 2019
ICO Time: 18 July 2019 - 31 Dec 2019
Whitelist/KYC: KYC
Country: United Arab Emirates
Token info
Ticker: DIC
Platform: Ethereum
Token Type: ERC20
Available for sale: 29,500,000 DIC
Financial
Accepting: ETH
Soft cap: 3,000,000 USD
Hard cap: 27,933,500 USD
Q2 2016
Scenario Assessments for Resort developments.
Q3 2017
Finalization of Financial Feasibility Study for Resort developments.
Q2 2018
Private Token Offering first conceptualization / initial ideas.
Q3 2018
Structuration of the team. Establishment of the company and legal set-up. Formalisation of the concept, bond structuration.
Q4 2018
Advisors review and adjustment of PTO concept. Negotiation of key partnerships. Website architecture and roll-out strategy.
Q1 2019
Launch of website in test environment. Publication of White Paper and Teaser. Start construction of Al Mahra resort & appartments.
Q2 2019
Front-end & back-end platform integrations (API). Launch of Private Token Offering. PR & Marketing campaign.
Q3 2019
Development of strategic partnerships.
Q4 2019
Start construction of pre-selected Steigenberger DIC Resort and Residences. Closing of Private Token Offering.
Faisal Ali Mousa
FOUNDER AND CHAIRMAN
Takes part in this project only
Lubos Riha
FOUNDER AND VICE-CHAIRMAN
Participates in several projects
Cyril Piaia
CHIEF EXECUTIVE OFFICER
Takes part in this project only
Mohamed Emam
OPERATION MANAGER
Takes part in this project only

Advisors (0)

HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Upcoming
Plentix
The advent of cryptocurrencies and the tokenized economy makes it possible to re-imagine the entire value chain of consumer, products, and producers from a referral perspective. We present Plentix, a tokenized platform that enables users to refer other users to a business entity and enables business entities to leverage existing APIs for industry specific referrals and allows for safe, secure, trustless value exchange to take place. Unlike other referral platforms, Plentix unleashes the potential of a new global ecosystem to monetize referrals for every stakeholder, from the producer to the consumer.
Pre-Sale
ENOD
A decentralized reputation ecosystem that allows publishers to prove their integrity, advertisers - to securely diversify advertising placements, and allow regular people to participate in improving the content on the Internet.
Upcoming
Gym Rewards
The GYM rewards app rewards you for exercising at the GYM by introducing Proof of Exercice to the blockchain. The more you exercise at the GYM, the more GYM Coins you will earn. GYM Coins are redeemable at your local participating gyms and will be tradable at participating cryptocurrency exchanges.
Active
SonoCoin
SonoCoin is Swiss blockchain venture offering white-labeled data-over-sound solutions to enterprises based on its native blockchain protocol. The .WAV file format gives anyone the power to transact utilizing simple methods of delivery such as sound, messenger, and Bluetooth. SonoCoin operates on its native blockchain using the Proof-of-Stake (PoS) protocol to verify transactions. In order to build a viable ecosystem around the SonoCoin blockchain, Crown Capital Group SA will issue SonoCoins in the course of an Initial Coin Offering (ICO). This will lead to a network of coin-holders laying down the basis for an active ecosystem. The funds paid in exchange for SonoCoins will be used for promoting the project and enter into partnership as well as further develop the SonoCoin technology.
Upcoming
Shercoin
The SherCoin team has realized that the best way to create a good cryptocurrency that will achieve mass adoption is by creating a multi-functional token that has more than one utility. Most of the altcoins are Ethereum-based coins that only offer one application. SherCoin features five different related applications in one. The ecosystem has a theme: User provide valuable economic services for businesses such: as checking market place for counterfeits, reporting fake or suspicious products; filling out surveys and giving information, feedback, and data, so business can make informed decisions; giving the users an easy way to manage the cryptos the earned; and then giving them outlets to spend/exchange their tokens.
Upcoming
Mind AI
Mind AI is an artificial intelligence engine that is capable of human-like abstract reasoning without the need for big data or supercomputers. With its ability to contextualize information and reason, Mind AI is able to generalize knowledge, a feat that no other AI today is capable of. By being able to learn on its own, Mind AI will be able to formulate its own hypotheses and models of how things work, augmenting human intelligence.