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  • About
  • Team
  • Roadmap
  • Financial
  • Widget
About DIC Resort Private Token Offering

DIC EAST DMCC FZE a company registered in the Dubai Multi Commodities Center Free Zone is the landowner for the two plots HRL 05 and HRL 06 sites, both dedicated for the development of the pre-selected Steigenberger Hotel & Resort on Al Marjan Island, and has entered into a Joint Venture with FAM HOLDING, a Dubai based prominent real estate developer and contractor, to undertake the development and the construction of this 225 million USD project.

The Directors of DIC EAST DMCC and FAM HOLDING respectively, Dr. Lubos Riha and Dr. Faisal Ali Mousa together with their professional and highly experienced teams, have joint their efforts to ensure that this development and the funds collected for this purpose will be managed properly and diligently.

Under this newly formed equally owned Joint Venture “DIC-FAM”, both founders are set to contribute their respective assets, cash plus lands for DIC and cash plus development cost, including construction for FAM HOLDING. To date both parties have injected into the JV in cash over 15 million USD of their own equity and continue to do so as to such extent that the cash equity founders contribution by the end of 2019 will stand at 25 million USD.

Team
Roadmap
1
Q2 2016
Scenario Assessments for Resort developments.
2
Q3 2017
Finalization of Financial Feasibility Study for Resort developments.
3
Q2 2018
Private Token Offering first conceptualization / initial ideas.
4
Q3 2018
Structuration of the team. Establishment of the company and legal set-up. Formalisation of the concept, bond structuration.
5
Q4 2018
Advisors review and adjustment of PTO concept. Negotiation of key partnerships. Website architecture and roll-out strategy.
6
Q1 2019
Launch of website in test environment. Publication of White Paper and Teaser. Start construction of Al Mahra resort & appartments.
7
Q2 2019
Front-end & back-end platform integrations (API). Launch of Private Token Offering. PR & Marketing campaign.
8
Q3 2019
Development of strategic partnerships.
9
Q4 2019
Start construction of pre-selected Steigenberger DIC Resort and Residences. Closing of Private Token Offering.
Financial
Token info:
Token: DIC
Platform: Ethereum
Token for sale: 29,500,000
Investment Info:
Token price currency: ETH
Soft cap: 3,000,000 USD
Hard cap: 27,933,500 USD
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Token: DIC
Platform: Ethereum
Soft cap: 3,000,000 USD
Hard cap: 27,933,500 USD
Country: United Arab Emirates
Whitelist/KYC: KYC only
Pre-sale start: 17 Apr 2019
Pre-sale end: 18 Jul 2019
ICO start: 18 Jul 2019
ICO end: 31 Dec 2019
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