KexCoin initial coin offering (ICO)

A Blockchain Enabled Property Project



KexCoins - tokens issued via a crowd fund. The funds raised through the sale will purchase high yielding student real estate. Rental profits will be used to buy back tokens from participants before being destroying, thus raising the value of KexCoins. In addition the Kexcoin token will be used as a commodity for rental payments in the student accommodation sector.

3
2 2 expert ratings
2.7
2
3
2
View rating distribution
Starts in 1 year ago
2017-09-15 - 2017-10-15
Token
KEX
Price in ICO
1 KEX = 0.0025 BTC
Platform
Accepting
BTC,
Raised
1100000
Country
UK
ICO start
Sep 15, 2017
ICO end
Oct 15, 2017
More on ICO
Report

About KexCoin ICO

KexCoin is supported by an existing infrastructure, an award winning UK student property company, with over £120m in assets and 39 year history in the student market (see www.kexgillgroup.com). In short, our team, is experienced, long standing with leading figures in the student accommodation industry.
Our planned purchases will make use of infrastructure that is already in place and available immediately. This means that there is little or no development time or cost to this infrastructure. What we are offering has never been offered before and we are excited about the opportunity to pioneer this project. KexCoin, set up as a UK registered company, makes us trustworthy, transparent and here for the long-term. Very few other ICOs can offer such security.
This is an exciting and lucrative opportunity for those that join the movement. Our investment formula includes strict benchmarking parameters to be met in all investments. Gross yields on the properties we purchase are expected to be around 8-15%.
The Shareholders are bound by the Articles of Association of this UK domiciled company and need to act in accordance with them in conjunction with a robust corporate governance structure. This will be a well-run corporate entity having full disclosure. We are acting in the interests of the participants with a view to driving an increase in value of the coinage.
The Articles of Association include:

  • There is an absolute prohibition on the declaration of dividends. The value for the Shareholders is within our initial coin holding and we are quite clear that funds within the Company should be ring-fenced for the purchase of student investment property. These properties to be  held until 2047.

  • There is a prohibition put on the transfer of Shares without the consent of all other Shareholders. This does not and cannot preclude the sale of all of the Share capital of the Company if all Shareholders  agree, but it does mitigate the possibility of that happening to the best extent that we can.

  • The provisions in the Articles of Association are entrenched. Entrenchment means that a provision cannot simply be amended by the passing of a Special Resolution of the Company, which requires 75% of the Shareholders to approve it, but by all of the Shareholders.

  • The Directors cannot authorise the purchase of an asset without the approval of the Investment Committee which will include an independent Chartered Surveyor with appropriate experience of the type of asset being purchased.
  • KexCoin reviews

    Mofassair Hossain
    CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert
    Rated on Mar 23, 2018
    2
    3
    2
    12%
    PlumBot
    ICO Analyzer Bot
    Rated on Oct 30, 2018
    0
    0
    0
    88%

    Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

    Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

    KexCoin ICO price

    Price in ICO

    1 KEX = 0.0025 BTC

    KexCoin (KEX) crypto

    KexCoin coin

    KexCoin token
    KEX
    KexCoin platform

    KexCoin (KEX) value

    Tokens for sale
    8500000

    KexCoin market cap

    KexCoin market capitalization
    $ 1100000

    KexCoin investment info

    Accepting
    BTC,
    Distributed in ICO
    85%

    KexCoin whitepaper

    KexCoin team

    Apply as an advisor

    Simon Lee

    Kexcoin Founder and Visionary

    Dr. Michael Lee

    Chairman of the Kexgill Group

    Richard Stott BSc MRICS

    Group Managing Director of Kexgill

    KexCoin milestones

    1
    15th August 2017

    WePower idea

    2
    15th October 2017

    WePower idea

    3
    15th September 2017

    WePower idea

    4
    August 2017

    WePower idea

    5
    July 2017

    WePower idea

    6
    May 2017

    WePower idea

    7
    November 2017 onwards

    WePower idea

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