Caviar provides instant diversification with real estate debt and cryptocurrencies, powered by an algorithmic model and profit sharing in ETH
Caviar is the first to offer digital assets and real estate in a single cryptographic token available on the Ethereum blockchain. Our mission is to provide token holders with a diversified, risk adjusted, data-driven portfolio with exposure to both stable real estate and select cryptocurrencies and crypto-assets, maximizing return on investment while hedging against markets downturns. Caviar Platform brings utility to Caviar token holders, enabling real estate developers to raise money for projects using a crowdfunding mechanism, while providing Caviar token holders and the underlying fund an opportunity to participate in projects and earn interest.
Caviar will issue tokens in a one-time token sale event, and will invest in fast appreciating crypto-assets and crypto-currencies, allowing investors to capitalize on the high upside of digital currency markets, while achieving diversification and profit sharing from a less volatile and more traditional income-producing short term loan portfolio secured by real estate in the United States and other countries.
Investment Thesis
Caviar seeks to reduce investment volatility (“beta”) while capturing higher than average rates of return (“alpha”). Caviar will achieve these goals by combining investments in fast-appreciating crypto-assets with income-generating short-term loans, backed by real estate in the United States. By re-allocating funds between crypto and real estate markets, Caviar aims to provide income and growth via dual market exposure in a single token.
" Diversification of cryptocurrency investments is difficult because most assets are highly correlated. Caviar aims to solve this by providing exposure to fast growing crypto-assets and income producing USA-based real estate in a single token – minimizing risk and maximizing returns in both asset classes "
– Alex Shvayetsky, Partner, Caviar
BUSINESS MODEL
Caviar has developed a proprietary, data driven, dual purpose investment model to capture growth from fast appreciating cryptocurrencies and crypto-assets, while providing exposure to income generating U.S. real estate.
- ADVANTAGES
The rise of blockchain markets produced a number of funds that invest in cryptocurrencies and assets. Some of these funds offer their investors profit-sharing options and promise diversification by keeping a portion of their assets in Bitcoins. However, in highly volatile crypto-markets, monthly or quarterly profits are not guaranteed. Although Bitcoin is arguably the least volatile and most liquid crypto-currency today, it is still part of the same asset class and is prone to volatility.
Caviar provides investors with an opportunity to diversify their portfolios beyond cryptocurrencies
and tokens via the fund’s exposure to lower-risk real estate markets. Caviar is in a unique position to be able to shift funds from crypto-markets to real estate and vice versa in order to modify allocation, maximize returns and minimize risk. Caviar’s business model takes a more balanced approach to investing through a combination of fast-appreciating crypto-assets and stable income-producing real estate. This is a proven systematic method for achieving growth and income via dual market exposure in a single token.
- CRYPTO INVESTMENT ACTIVITIES
Through strong fundamental analysis and models based on a proprietary framework, Caviar will be making long term cyclical investments in fast appreciating crypto-currencies and assets with over $100m in market cap, while also investing in new, high upside projects with “real world” enablement, payments and finance, blockchain platforms, privacy and other use-cases; utilizing our proprietary Intelligent Predictive Model.
- CAVIAR INTELLIGENT PREDICTIVE MODEL (IPM)
Caviar has developed an innovative predictive model for CryptoAsset (CA) and CryptoCurrency (CC) price forecasting in both short and long term projection timescales. (Figure 1) The predictive model relies on historical data to derive linear equations relating historical prices and growth rates to historical time-variant quantities, and a mixture of time-invariant qualitative/ quantitative metrics. The derived linear equations are then weighted by characteristic R2 values.
These linear equations combined with a suite of patented logical elements are used to project the growth of a CA in comparison to that of Bitcoin (BTC).
- REAL ESTATE LENDING ACTIVITIES
A portion of Caviar’s assets will be used for lending to real estate entrepreneurs for the purposes of purchasing, improving and selling real estate assets. Past loans have been extended mostly in the Northeastern region of the United States, specifically in the state of Connecticut (CT), which is located between two major metropolitan areas -New York City and Boston. CT is a fairly small state, and is ranked #1 in the United States for per capita income of $69,311 (from BEA6 ). The state of CT is considered one of the biggest insurance hubs in the world, and is home to corporations such as Aetna, Cigna, The Hartford, as well as Xerox, Sikorski, and many others. Caviar already has a strong presence, business network and connections spanning the states of CT, MA and NY, and will continue to build and expand this network regionally if necessary.
The real estate market in the state of CT is very robust. There are many opportunities for Caviar’s
prospective customers to purchase, improve and resell property. According to RealtyTrac, a real estate statistics service, foreclosures in CT in June 2017 were approximately 14007, up slightly from around 1300 the same time last year. This reality points to a robust market for our partners, who are often involved in purchasing foreclosed or distressed property.
Caviar will continue to focus on lending for single and two-family homes in the Northeastern United States, with a total loan amount of under $500,000, while also expanding to other areas in US and Europe by utilizing Caviar Platform. With this model and focus on properties in the lower to middle price range, a number of advantages exist:
1. Properties in this price range sell faster
2. Higher cash re-lending results, thus increasing IRR
3. Risk profile is lower with a higher number of loans
- REAL ESTATE LENDING PROCESS
Caviar follows a strict lending process when issuing debt to its borrowers. The following criteria are used to determine each applicant’s ability to receive funding:
- REAL ESTATE LENDING PAST PERFORMANCE
333-335 GLENBROOK RD. STAMFORD, CT Stamford, CT is the third largest city in the state and the seventh largest city in New England. Conveniently located on the main branch of Metro-North’s New Haven Line, Stamford serves as a vital and vibrant business center and is home to numerous Fortune 500 companies, as well as the headquarters and research facilities of numerous major corporations. Stamford has long been considered one of the country’s most desirable cities because of its ability to offer an attractive suburban lifestyle amid a dynamic economy. This gem of a property sits on 8,100 sq. ft. lot. This 9 bedroom, 3 baths multi-family home is approximately 3,962 sq. ft., and ready to move in!
- COLLATERAL
All real estate debt provided by Caviar is secured by a personal guarantee from the borrower(s) as well as a first lien position against the real estate asset. In case of foreclosure, Caviar will repossess the real estate property, complete the construction needed to bring the project to market, list and sell the property. Unlike other lenders that only focus on the lending side of the business, Caviar has the in-house construction infrastructure to help both in underwriting the asset, and if needed, improving the asset. While some lenders end up foreclosing on bad debt and then selling the assets for pennies on the dollar, Caviar can use its in-house infrastructure to complete the deal and sell the asset for a profit. This further de-risks Caviar’s loan portfolio.
- PROFIT AND DIVIDEND DISTRIBUTION
Caviar tokens are issued on a smart contract, using the ERC20 protocol on a fully decentralized and auditable Ethereum blockchain. Quarterly profit sharing is guaranteed by a fully auditable smart contract.
Every quarter, a distribution in the form of ETH will be made via a smart contract to all Caviar token holders, representing 75% of Caviar’s net quarterly profits after management fees and operating expenses.
- REINVESTMENT / TOKEN BUYBACK
20% of net quarterly profits will be reinvested back for token value growth.
5% of net quarterly profits will be used to buy back and burn Caviar tokens to provide additional
liquidity and increase token value
CAVIAR PLATFORM
With well over 150,000 real estate assets8 being purchased for purposes of improvement and resale in the United States every year, and the ability for investors to earn hundreds of thousands, or even millions of dollars per year, this is an opportunity many are interested in embracing as a business venture of their own. So there exists a need for a community of peers, mentors and service providers to educate, disseminate information on deals, and provide peer to peer communications. This community also gives real estate developers a platform from which to raise funds for their projects. By building a community of real estate developers and entrepreneurs, Caviar will further its goals, improve its deal-flow and provide token holders with additional opportunity to earn profits.
Caviar will use part of the proceeds from the token sale to build an advanced platform that will
include:
• Community boards for education and mentorship
• A crowdfunding platform for Caviar token holders and real estate developers
Caviar Platform will be open to anyone in the world for viewing. Participants in project funding
activities will be required to:
• Register and complete KYC/AML verification
• Have a minimum required balance of CAV tokens in their wallets
Caviar has a strong network and footprint in USA and will start accepting US-based real estate projects only. This will be followed by EU countries that have the highest demand for short term real estate financing.
To list projects on Caviar platform developers will be required to:
• Register and complete KYC/AML verification
• Submit detailed information about the project, including:
» Project details (location, estimated before and after value)
» Requested loan amount
» Loan term length (up to 12 months)
» Annual/Monthly interest
» Detailed description of improvements, including number of stages for work
completion and draw amounts requested for each stage of the project (if applicable)
» Accepted payment (BTC, ETH, CAV, USD)
• Pay a one-time listing & pre-screening fee
Caviar will conduct full due diligence of every property, including but not limited to:
• Review of documentation
• Title search
• Price verification
• Budget review
• On-site property inspection by a Caviar partner
TOKEN GENERATING EVENT
Goal Raise Amount $25 million
Token Type ERC20, Ethereum Blockchain
Maximum token supply 375,000,000
Price per token $0.10
Bonuses:
Days 1 - 3 15%
Days 4 - 6 12.5%
Days 7 - 9 10%
Days 10 - 12 7.5%
Presale Minimum $500
Presale Discount Up to 30%
Pre-Sale Period December 1 - December 7
Crowd Sale Period December 12 - January 31
Token Issuance Within 30 days of token generating event
Vesting Period for Partners 6 months
FOR MORE INFORMATION :
Website : https://www.caviar.io/
Telegram : https://t.me/caviar0x
Twitter : https://twitter.com/caviar0x
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1210304
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