PROPX: Own the fund

The true wealth creating power of property has been reserved for only a few.

We're changing that!

PROPX-Icon

PROPX is a fintech initiative that makes it possible for people around the world to buy into top performing property assets from as little as $2. This ICO is your opportunity to earn regular dividends and capital growth as a PROPX crowd fund participant.

Each PROPX token represents one, liability free Class B share in the Prosperiprop holding company. PROPX tokens earn dividends and grow as aggressively as the company grows.

PROPX is an asset backed token which means that the value of your PROPX token is protected by real life capital assets.

Business model overview

Notes:
1. This overview is a very short summary of our business model. For details please refer to our whitepaper.
2. Points below relate to this diagram:
  Business model diagram

Kickstart: Our venture is launched with this ICO.Funds raised during the ICO are applied to fund the business, (1) set up a special purpose vehicle (SPV), and (2) purchase investment assets.

Growing wealth: A second set of tokens called TREE is then issued (3), marketed and sold all over the world for around two dollars ($2) each. The TREE-token owns 90% of the asset and dividend value of the SPV. The value of the TREE token will increase steadily over time as SPV asset values appreciate and dividends are collected.

Earning dividends: Income generated from the sale of the TREE token is used to replenish the crowd fund. Once replenished the capital is either used to purchase more assets in the same SPV or start a new SPV. Either way, the value of PROPX increases sharply with every iteration.

Exchange trading

PROPX will initially be traded on the Waves DEX exchange but we aim to have it trading on all the top platforms as soon as possible. The value of the PROPX token will be strongly supported by the assets that we purchase and is likely to strengthen as we grow the SPVs.

More information:

The PROPX token

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PROPX: The Shareholder token

The PROPX token is a shareholder token. It is sold to set up the property investment crowd fund that forms the base of the ProsperiProp business model.

Characteristics:

  • Token supply is limited and capped at 200 million.
  • Each token owns one class B share.
  • Receives dividend payments.
  • Owns the cash in the crowd fund.
  • Accrues value as the portfolio grows.
  • Can be traded on crypto exchanges.

Growth drivers:

PROPX is a medium term consistent growth product that offers stable growth and periodic dividend payments.
Note: The numbered points below relate to this diagram:
  Business model diagram

(1) Capital fund

PROPX tokens own the capital fund and as such the capital value of the fund forms the base of the PROPX token's value.

(2) Multi SPV revenue

PROPX tokens earn dividends from ProsperiProp. ProsperiProp generates revenue from property portfolios (SPVs) that it creates. The cash in the crowd fund is borrowed to the SPV which it uses to buy shares in global property funds. These shares earn dividends. TREE tokens are generated. Ten percent of the generated TREE tokens are allocated, free of charge, to ProsperiProp. The rest are sold and proceeds are used to repay the capital loan. With the fund replenished the process is repeated.

  • ProsperiProp owns 10% of all TREE tokens:
    • ∴ ProsperiProp owns 10% of all SPV assets.
    • ∴ ProsperiProp earns 10% of all SPV dividends.
    • ∴ ProsperiProp earns management fee.
    • ∴ ProsperiProp benefits from the sale of assets.
  • ProsperiProp's income increases with every new SPV.
  • A minimum of 80% of ProsperiProp's net income after tax is paid out to PROPX token owners.

Target market:

PROPX tokens are perfect for the global crypto enthusiast or investor looking for a safe, medium to long term crypto investment. PROPX is for people or companies that want to add some stability to their crypto portfolio. The base value of PROPX is guaranteed by the assets that ProsperiProp owns. As an asset backed token PROPX is resistant to crypto market spikes and drops.

Class B shares:

Each full PROPX token owns one full Class B share in the ProsperiProp company. Class B shares do not own the company and have no voting rights but they do receive 100% of the financial benefit. Class A shares do not receive any financial benefit, but do run the company.
Class B shares:
  • Attract 100% of the financial benefit.
  • Are protected from all liability.
  • Have no voting rights, does not manage the company.
  • Receives dividend when declared.
  • Dividend constitutes at least 80% of net profit after tax.

The TREE token

token

TREE: The Mass market token

TREE is a global consumer product. It allows people with less disposable income (the single mom, the factory worker) to buy into a professional managed property fund. Blue chip property portfolios often have a high minimum deposit that makes it impossible for most people to buy shares. TREE allows ordinary people to take part in a select share of property portfolio's for as little as $2.

Price point:

Initial release: less than $2 per token

Characteristics:

  • Token supply is renewable.
  • Each token owns a relative portion of the SPV assets.
  • TREE tokens are protected from loss and liability.
  • TREE tokens do not own shares.
  • Dividends that accrue to a TREE token are perpetually re-invested.
  • TREE tokens benefit from a compound interest effect.
  • TREE tokens are traded on an exchange to cash-out.

Growth drivers:

TREE is a medium to long term growth product that offers compound interest and stable long term growth.
Note: The alpha-numbering below relate to this diagram:
  Business model diagram
TREE is a medium to long term consistent growth product that offers stable growth and periodic dividend payments.
Note: Tap image to close diagram.

(A) Owns a share of assets

The revenue received from the sale of a TREE token buys a relative, micro share of the total SPV asset base. The value of the collective asset base secures the value of the TREE token.

(B) Earns dividends

The share assets owned by the SPV earns dividends. 100% of the dividends accrue to the TREE tokens. Dividends are not paid out but reinvested in the fund or another investment vehicle.

(C) Earns compound interest

TREE tokens earn interest on dividend invested. 100% of the interest accrues to the TREE tokens. Interest is not paid out, but reinvested.

(D) Asset appreciation growth

As the businesses that make up the SPV property portfolio grow, the shares increase in value. 100% of this value accrues to TREE tokens.

(E) Asset sales growth

100% of profit on an asset sales accrue to the TREE tokens.

PROPX vs TREE

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The purpose of this comparison is to clearly illustrate the differences between the PROPX and TREE tokens.

Aspect
PROPX
TREE
1. Token type
Asset backed waves token
Asset backed waves token
2. Supply
Limited (200 000 000)
Renewable
3. Target owner
International investor, crypto enthusiast
Global consumer market
4. Key characteristics
Class B share owner
Benefits from all SPVs.
Dividend pays out.
Owns PROPX cash pool.
Owns right to share in portfolio.
Dividends reinvested.
Benefits from compound interest.
Owns the portfolio assets.

Purchase process complete

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Thank you for supporting this project!

We will send you an email as soon as we have received proof of payment from the bank. Please note that PROPX tokens will only be distributed on the first day after the ICO.

Please remember tell others about PROPX :-)

Roadmap

map

The implementation of ProsperiProp started more than a year ago with concept, research, running the numbers and setting up the technical platforms. We are now in the ICO phase where we invite you to purchase PROPX tokens as a safe, asset backed crypto token that will grow in time.

With each iteration of the investment cycle, the asset base increases which increases the value of PROPX with a very strong possibility of ever increasing dividends.
investment cycle
Click to enlarge
investment cycle
 

Implementation schedule

1.
Setup the special purpose vehicle that will own and manage property portfolio assets.
1 Month
2.
Buy property portfolio assets around the globe.
3 Months
3.
TREE tokens are released as property portfolio assets are acquired. TREE tokens are consumer tokens that allow us to sell micro fractional ownership in the SPV at the below $2 target price.
3 Months
4.
TREE tokens are marketed and sold to LSM 4 to 9 consumers around the world.
12 to 18 Months
5.
Proceeds of the TREE token sale is used to pay repay the loan.
3 Months
6.
Repayments are made annually. With the fund replenished we are free to re-apply the funds, either in a new SPV or by growing the current SPV.
Annually
7.
Start second SPV or grow current SPV for another cycle.
18 to 24 Months

Performance forecast

map

Investment strategy

We set out to partner with companies that apply big data research and analysis technologies to identify investment opportunities. We believe that Artificial Intelligence applied to Fintech offers deep insight into historical investment data which, when combined with classic human gut feel gained and experience, has the ability to outperform most ordinary investments.

Important note: Our forecast modeling is based on conservative estimates, a low market average obtained from a large number of property portfolios. It does not factor in the enormous potential that big data and BI brings to Fintech.

The true superpower of the PROPX concept can be found in the perpetual application of the capital fund. Once the loan to the SPV has been repaid the loan is re-purposed, either to start a new SPV or extend the current SPV. Either way, the PROPX token value increases substantially every time the SPV loan is re-applied.

How do you make money?

PROPX earns money from the holding company. One hundred percent (100%) of the declared dividend (at least 80% of net profit after tax) is paid out to PROPX coin holders every year. The holding company makes money from:

  1. The loan extended to the SPV,
  2. 10% of dividends earned by the SPV,
  3. 100% of the net profit after tax of the SPV.

PROPX trading forecast

We believe that the multi-SPV investment model will drive the future value of PROPX to levels far beyond the launch price. Backed by its liquid assets (shares and cash pool) PROPX will be a safe haven in times of crypto instability where scarcity of our limited issue coin will drive market demand.

PROPX is a medium term consistent growth product that offers stable growth and annual dividend payouts. PROPX offers the following features and benefits:

Features

  • Token supply is limited and capped at the current amount.
  • Each token owns one class B share.
  • Class B shares are protected from all liability.
  • PROPX tokens are eligible to receive dividend payments.
  • Dividend constitutes 80% of net profit after tax.

Growth drivers

 Business model diagram
  • Earns interest on funds before loan is issued.
  • Company owns 10% of all property assets.
  • Receives 10% of all SPV dividends.
  • Receives interest on loan.
  • Scalar growth as loans are repaid and new SPVs created.

TREE financial forecast

map

PROPX token value starts growing on day 1.
Funds received are kept in an interest bearing investment account. Token value increases steadily throughout the investment cycle.

investment cycle
investment cycle
1.
Setup the special purpose vehicle that will own and manage property portfolio assets.
1 Month
2.
Buy property portfolio assets around the globe.
3 Months
3.
TREE tokens are released as property portfolio assets are acquired. TREE tokens are consumer tokens that allow us to sell micro fractional ownership in the SPV at the below $2 target price.
3 Months
4.
TREE tokens are marketed and sold to LSM 4 to 9 consumers around the world.
12 to 18 Months
5.
Proceeds of the TREE token sale is used to pay repay the loan.
3 Months
6.
Repayments are made annually. With the fund replenished we are free to re-apply the funds, either in a new SPV or by growing the current SPV.
Annually
7.
Start second SPV or grow current SPV for another cycle.
18 to 24 Months
 How does PROPX make money?

The ProsperiProp team

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ProsperiProp is led by a management team assisted by partners and advisors.

Our management team

lm

Llew Morkel
Founder, CEO

Llew is a seasoned entrepreneur and technologist. As visionary and founder of ProsperiProp, his role includes setting the overall direction and vision of the business as well as guiding marketing, technological design and development.

Show more

Llew is a seasoned entrepreneur and technologist. As visionary and founder of ProsperiProp, his role includes setting the overall direction and vision of the business as well as guiding marketing, technological design and development.

As technologist, Llew started and operated a mobile technology company in South Africa for more than twelve years. Back in 2002 this business developed some of the first “mobile apps for business” and worked closely with large corporates that include MTN and global advertising giant, Ogilvy.

As fintech entrepreneur, Llew was driving force behind the successful establishment and sale of South Africa’s premier online escrow portal.

He spent his forming years working in IT project management in major South African banks. He was involved in banking portal development, TV banking and later mobile banking development. Llew studied towards a marketing degree at the Rand Afrikaans University and later earned both B.Tech and E-Tech software development qualifications. He is a Java certified developer, qualified Java trainer and experienced software engineer.

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jb

John B. Smith
Director, Investment Specialist

JB Smith our head of investment. He is a non-executive director on the board. JB is the current Chief Executive Officer and Chief Investment Officer of Rebalance Fund Managers, an FSB registered fund management company. He is responsible for managing and overseeing all activities related to the discretionary investment.

Show more

JB Smith our head of investment. He is a non-executive director on the board. JB is the current Chief Executive Officer and Chief Investment Officer of Rebalance Fund Managers, an FSB registered fund management company. He is responsible for managing and overseeing all activities related to the discretionary investment.

He is responsible for the management and oversight of all activities related to the discretionary investment. This includes marketing and client service, distribution channel management, product development and management of investment products.

JB is a member of the Institute of Directors Southern Africa. He graduated from the University of Stellenbosch and holds a B.Comm Honours in Financial Analysis.

He started his investment career more than ten years ago as a discretionary asset manager. He established his own fund management team which is responsible for the management of his firm’s unit trust portfolio.

JB serves on various Investment Committees and is extensively involved in fund management and investment consultancy. His professional experience gained has provided him with a wide platform from which he adds value to the business. During his tenure as investment professional he gained experience on all aspects of an investment management business.

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tk

Thembi Mazibuko-Kahimbaara
Director, Business Strategist

Thembi holds an Master of science degree from the University of Cape Town majoring in Electrical Engineering. She is an experienced business strategist and professional whose management career spans across a number of respected international firms including Delta Partners, Analysys Mason and Accenture Strategy. Show more

Thembi holds an Master of science degree from the University of Cape Town majoring in Electrical Engineering. She is an experienced business strategist and professional whose management career spans across a number of respected international firms including Delta Partners, Analysys Mason and Accenture Strategy.
Thembi plays a leading role in focusing the executive team helping them plan and set course to meet our objectives.
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Financial oversight - Supplier

The management team appointed Grant Thornton South Africa to provide token holders with a true picture of how the business is run. Grant Thornton has been mandated to audit the SPV annually. Token holders will have access to the audited results from the company website.

Grant Thornton South Africa
Financial auditors

Visit Grant Thornton's website.


Advisory team

The management team relies on the guidance and expertise of a number of independent advisors. The advisors strengthen our team bringing years of industry knowledge and know-how to the table.

Piet van Wyk

Piet van Wyk
Shareholder

Piet van Wyk is an IT professional with 30 years’ experience at various levels in the industry. His current occupation is as a private consultant to various large organisations that provide ICT solutions in South Africa and globally.


Ernst Naude

Ernst Naude
Shareholder, Crypto expert

Ernst is a software developer with more than 25 years experience in developing enterprise software systems. He is a crypto currency trader and avid researcher. Ernst's technical insights helped shape the PROPX and TREE products.

PROPX pricing

PROPX is set to become a strong, safe haven for investors. Token value is expected to grow well beyond its launch price. With only 120-million tokens available, demand will soon drive the price. As an early supporter, your willingness to take a little bit of risk stands to be rewarded.

ICO pricing

Date
Token supply and pricing
ICO opening day
119 000 000 tokens available
@ $0.75 per token
After opening day
Balance of tokens available
@ $1.00 per token

 

PRE-ICO pricing

Token supply interval
Early bird price
First 100K
100 000 tokens available
@ $0.10 per token SOLD OUT
Second 100K
100 000 tokens available
@ $0.20 per token SOLD OUT
Third 100K
100 000 tokens available
@ $0.30 per token SOLD OUT
Fourth 100K
100 000 tokens available
@ $0.40 per token SOLD OUT
500K to 1 million
Balance of tokens available
@ $0.50 per token SOLD OUT

Choose your preferred method of payment:

Accepted cryptocurrencies:
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Payment method: Credit card

Credit card transactions are processed in South African Rand (ZAR). The ruling exchange rate will be applied by the banks.
All exchange rate conversion provided below are estimates, currently using R{{ ZARUSD }} to the US Dollar.

PROPX tokens:
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PROPX token quantity:
Currency conversion estimates:
ZAR value: ~R {{ (user.qty * tokenPrice) * ZARUSD }}
USD value: ~USD {{ user.qty * tokenPrice }}

Personal details

You will need to verify your email address before completing the purchase.

Click Next to fetch an exchange rate for {{ getCurName()}} as well as the deposit address. Credit card transactions will incur a credit card processing fee of 3%. Click next to proceed to payment page.

Purchase details

You can buy PROPX with a number of cryptocurrencies or you can use your credit card for payment.

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PROPX tokens
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PROPX tokens
A final conversion rate will be calculated after submitting your payment.
1x PROPX = {{ exchangeData.cost | number:8 }} {{ getCurName() }}
1x {{ getCurName() }} = {{ (1/exchangeData.cost) | number: 8 }} PROPX

Personal details

You will need to verify your email address before completing the purchase.

Click Next to fetch an exchange rate for {{ getCurName()}} as well as the deposit address. Credit card transactions will incur a credit card processing fee of 3%. Click next to proceed to payment page.

Transaction summary

You are buying:
{{user.qty| number}}
PROPX tokens

Exchange rate

PROPX US Dollar Total:
US$ {{ (user.qty * tokenPrice) | number }}
US$ {{ (user.qty * tokenPrice) | number }}
US$ {{ (user.qty * tokenPrice) | number }}
Total {{ getCurName()}}:
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Conversion fees:
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Grand total:
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{{ getCurName()}} deposit address: {{qrString}}  


Scan to pay with a {{getCurName()}} compatible app.

You opted to pay with {{ getCurName()}}. Sending any other cryptocurrency to this address could result in irrecoverable loss.

What happens after you've paid

Your tokens will be reserved and you purchase registered on the WAVES blockchain. We will confirm your PROPX purchase in an email immediately after you deposit has been received. The email will contain details about your PROPX tokens.

NOTE: We will send you your tokens to a WAVES address of your choice as soon as the ICO has closed.

SECURITY NOTICE

  • 1. We will NEVER use email to instruct you to send you PROPX tokens (or any other cryptocurrency) to any address. All account actions MUST be performed on the Prosperiprop website.
  • 2. All PROPX related emails will come from our Prosperiprop.com domain. Please whitelist this domain if you use spam management software.

Please spread the word

We would love to sell out this project to start our crowd funded investment fund. Please share with other people that might share our vision.

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