Sale of Tokenized Shares and Real Property Development Project LP Interest
Offering of units Starting March 22
An affiliate ofBlockPark Holdings have successfully acquired the land and entitlements to develop the DT57 Towers Project: Two fifteen story mixed-use towers in Downtown Las Vegas, Nevada. The development of the towers will be led by Jon Rodgers, managing principal of Acclivity Partners.
Past projects include the Ritz Carlton hotel and City Place – Omni Hotel in Chicago, IL. Tower design and architecture were created by LGA Architects and will be built by the award-winning, Martin Harris Construction company.
We envision tenants having a financial interest in the profitability of their rentals along with multiple real estate developments & assets all sharing the same token economy to incentivize tenants and owners to build stronger communities. The SAAS property management software will be implemented in our own properties we call, BlockParks. In addition, the software will be sold to 3rd party subscribers such as, property owners, managers, asset holders, developers, and REITS. The platform can be used in properties all around the world, which gives owners the trust network needed; and tenants the ability to invest in the communities they live in simply by paying their rent.
Main reasons why property owners and tenants around the world will want to use our system.
Tokens may add additional revenue by implementing a medium of exchange within a controlled ecosystem. This revenue can be used to:
BLOK tokens have a hybrid functionality being a dividend bearing security, and a medium of exchange within a defined market. By using a fixed supply of tokens within the ecosystem; investors both inside, and outside the community can potentially profit with every additional property added to our blockchain.
Revenue for BlockPark Technologies (BPT) is generated two ways. First, by selling subscriptions to property owners, managers, developers, asset holders and REITS. And 2nd, by having a 35% ownership share of BlockPark Holdings company (BPH) whose objective is to develop and acquire investment properties around the world.
SAAS – Property Management Software Subscription
BPT has an equity right to 35% of profit distributions made by BPH
The BLOK token sale events are unique as they offer tiered bonuses which include increasing token price and lifetime discounts.
SOW of BPT software and setup BPT corporate infrastructure
Develop beta version of BPT software and secure subscriptions of service
Expand 3rd party partnerships grow the BPT blockchain network
A few commonly asked questions by our potential investors are listed here. If you have any other question please send us using contact us form and we will get back to you asap.
Tower One will be built first and currently has 250 residential units. The estimated cost is $89,350,000.
Land and entitlements have been acquired by Block Park Holdings who hired Acclivity Partners LLC to develop the project. Currently, Acclivity is working with LGA architects, Martin Harris Constructions and the city of Las Vegas to make sure the the DT57 project matches the development budget.
Block Park Technologies is offering digital shares of stock through a Reg D, 506 C offering, which comes with a one-year holding restriction. After one year, the digital shares can migrate to a token shall the company choose to do so.
When and if declared by the company board of directors BlockPark token holders may receive dividends. The BPT platform is built on the Stellar blockchain which enables us to pay dividends directly to token holders in the form of XLM tokens, which is the native Stellar token.
Acclivity Partners LLC will be raising their own capital for the DT57 Towers using their preferred equity partners, investment banking firm, and conventional financing.
No, tenants create a digital wallet when they sign their lease that is connected to their bank account. Rent payments are made directly from their bank account to the BPT platform.
Tenants receive BLOK token credits after they pay their rent. The BPT platform is designed to reward tenants automatically after the rent payments are confirmed.
Unlike a 401k where account holders are restricted from withdraw, the BPT platform allows tenants to choose. 1) Tenants can exchange BLOK tokens for fiat. 2) Trade BLOK tokens on an exchange for other cryptocurrencies? 3) Hold BLOK tokens they receive because it’s a dividend bearing security and they like the fact that they can invest in the community they live in.
Both. Investors / BPT token holders receive 100% of the SAAS revenue generated by software subscriptions. BPT token holders also own a 35% equity stake in Block Park Holdings. Here, they will receive 35% of the net operating income from all the properties in the Block Park Holdings portfolio.
Get in touch.
BlockPark Technologies, Inc. 304 S. Jones Blvd #2872, Las Vegas NV 89107