Global REIT works on the same mechanism as traditional REITs. REITs as you know offer dividends to its unit holders based on the income of its Assets under Management. Each subscriber will get 2 tokens upon subscription " - GREM - GRET Both GREM & GRET tokens are utility tokens & will provide future access to all its Assets under Management. Where token holders will receive discounts and benefits. Global REIT is welcoming its subscribers to participate both in the Fund Manager (GREM) returns as well as the income on the Assets under Management (GRET).
Global REIT is the first ever Blockchain-Based Sharia-Compliant REIT to be launched in the market.
It will start with a Net Asset Value (NAV) of USD 75 million and will reach USD 2 billion by end of 3 years. The first ICO will take place with 90 million coins for sale. The investment made by token holders will be invested in tangible assets which will generate income for all shareholders.
A total of 2% (GREM TOKENS) of the total tokens for sale will be assigned to the bounty pool.
GENERAL RULE:
1. ALL bounty participants are required to join GlobalREIT’s Telegram group: https://t.me/GlobalReit
The program will run until the end of the Token Sale. The bounties will be paid within 30 days after the end of the Token Sale.
