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🚧UNDER CONSTRUCTION: Bulldozers have torn down the show unit on site, and construction has commenced at Sandton’s newest residential towers valued at R2 billion •⁠ Total apartments: 529 •⁠ Hotel with 32 rooms •⁠ Development name: Olympus •⁠ Developer: Tricolt and Growthpoint Properties •⁠ Both towers will be completed...

90,089 次观看 • 7 个月前 •via X (Twitter)

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This development in Bryanston, Johannesburg, has broken ground, and 124 new apartments are on their way👏 This building was the old office of Fidelity. The developer approached the building owner circa 2020 to embark on a joint venture and transform the empty office building into a stylish apartment block in Bryanston, one of the more established suburbs in Sandton. I got the opportunity to walk the site with the developer himself and take a tour of what is to come. They have plans to go up five levels on the current build, which should provide apartment owners with the best views of the West Rand (especially in spring when the view will transform into a sea of purple jacarandas in bloom). Quick facts about 170 Grosvenor •⁠ ⁠Pet-friendly •⁠ ⁠Developer: Merelava •⁠ ⁠Architect: LYT Architecture •⁠ ⁠Completion date: November 2026 •⁠ ⁠Apartment size range: 33m2 - 155m2 •⁠ ⁠Apartments: 124 (101 units already SOLD) •⁠ ⁠Apartment price range: R585 000 - R2 690 000 •⁠ ⁠Location: 170 Grosvenor, Bryanston, Sandton, Gauteng •⁠ ⁠Apartment types: studios, one-bedrooms, two-bedrooms, and four penthouses (2 penthouses are already SOLD). •⁠ ⁠Amenities: coffee bar, co-working space, laundromat, nail salon, and social area with swimming pool. They already hit their sales target earlier this year, and construction has commenced. You don’t easily find apartment blocks in the large, leafy suburb of Bryanston, so this is something different compared to the large homes with high walls. Properties generally experience a capital growth rate of 5% per year in this area. These units would be ideal for young professionals and investors seeking to generate income from short-term rentals. I particularly appreciate the developer’s choice in durable finishes. If your investor is unlikely ever to step foot in this apartment, it’s reassuring to know that you will not have to replace fittings and fixtures regularly. I am such a big fan of the developer, Tabane Ramasala. He has an inspiring founder’s story, and watching him slowly but surely develop quality real estate projects in both Johannesburg and Cape Town has been exciting to witness. I'm really looking forward to watching this construction site transform over the next few months.

Ash Müller

60,443 次观看 • 11 个月前

The entire Gupta compound in Saxonwold, Johannesburg, which went on auction last month, has officially SOLD for R34.5 million💸 It's been 7 years since the Gupta family fled South Africa, and the Business Rescue Practitioners have officially accepted an offer for all three properties at their sprawling Saxonwold compound at a price tag of R34 500 000 - this includes commission, VAT and the furniture. That is almost half of what the properties were said to be worth at their pre-sale valuation of R64.5 million. Along with the sale of these properties, the same buyer also snapped up 7A Saxonwold Drive for an additional R6.5 million. When you tour the homes, you’ll find Hindu-inspired wall murals adorned with gold paint, matching the lavish gold accents in the furniture. Abandoned Cartier catalogues, multiple safes, and prayer rooms still linger as reminders of the past owners’ opulence. The auction drew plenty of intrigue: • Registration required a R50 000 refundable fee. • Properties and furniture were sold separately. • Business Rescue Practitioners assured buyers they wouldn’t inherit outstanding rates and taxes (totalling close to R700 000) - those remain the responsibility of the Gupta-owned Confident Concept (Pty) Ltd, now in business rescue. I watched the live auction and here’s what happened: Erf 295 - 3 Saxonwold Drive – this property fetched a bid of R3 300 000. • Land size: 3687m2 • Building size: 349m2 • Municipal value: R5 542 000 • Monthly rates and taxes: R6031 per month • Generator included in the sale • Single-storey home, 3-bedrooms, staff quarters 5 Saxonwold Drive – this property achieved zero bids at the auction. • Land size: 4207m2 • Building size: 1547m2 • Municipal value: R21 731 000 • Monthly rates and taxes: R19 186 per month • Generator included in the sale • 3-storey home with 8 bedrooms, indoor pool, jacuzzi, rooftop patio, staff quarters 7 Saxonwold Drive – the bid opened at R5 million; however, only one bidder made an offer of R3 million. • Land size: 1723m2 • Building size: 1840m2 • Municipal value: R36 000 000 • Monthly rates and taxes: R29 433 per month • 3-storey home, 18 (en-suite) bedrooms, cinema, beauty salon. The furniture lots fetched bids for between R60 000 and R100 000. I am sure that creditors are looking forward to a much-welcomed payday. You can take a tour of the notorious compound below. Video courtesy of my good friends at the The Sandton Times | Lifestyle Media

Ash Müller

142,597 次观看 • 11 个月前

Despite riots and floods, the developer of KZN’s newest mixed-use precinct worth R30 billion is pushing on Quick facts about WESTOWN - Shongweni 🌳 Size: over 100 hectares 🌳 Job opportunities created: 30 000 🌳 Location: on the N3 between Pietermaritzburg and Durban 🌳 Development rights: 520 000m² of bulk floor area already approved 🌳 Developer: Fundamentum Property Group in collaboration with the City 🌳 The land rights were purchased from Tongaat Hulett in 2016 by Fundamentum Property Group. Tongaat Hulett retains ownership of the land via a new property company: Tonga Hulett Property. Over the next 15 years, multiple phases will roll out to include industrial, commercial, hospital, retail and residential developments. The first phase is the 50 000m2 Westown Square shopping centre - the grand opening will be early 2025. The mall (valued at over R2.5 billion) has been designed by MDS Architecture and Boogertman and Partners KZN. Fundamentum Property Group has acquired the development rights for the shopping centre with a rolling 99-year leasehold. Retailers who have committed to opening up in the shopping centre include: •Multiple stores by The Shoprite Group to the total of 10 000m2 (Checkers Hyper, Checkers Liquor, Petshop Science, Little Me, Checkers Outdoor, and Uniq Clothing) •Edgars with a new store look - they will stock local brands; Keedo, Tread + Miller, Aca Joe, Urban, Sissyboy and Hilton Weiner •The Mr Price Group •Pick n Pay •Dischem •Clicks The following phase will consist of 2800 residential units in the urban core and 24 000 over the development period. 170 000m2 of warehouse, logistics and commercial space is also in the pipeline along with a 100-bed private hospital. The City will be investing over R600 million into infrastructure and roads. These upgrades will include 2 new bridges and an expansion of two-lane Kassier road into four lanes. Due to the area’s location between Pietermaritzburg and Durban, some are comparing this to “Midrand.” This is also one of the biggest infrastructural investments by the eThekwini Municipality since the Soccer World Cup in 2010. What are your thoughts on this new precinct?

Ash Müller

117,643 次观看 • 2 年前

Luxury supercar fans - this development is for you… A new residential block featuring its own supercar showroom and vault has launched within the exclusive Zimbali Lakes Estate in KZN🏎️💨 • Floors: 6 • Apartments: 63 • Price range: R2 450 000 - R16 770 000 • Development name: Avanti Residences • Apartment types: 1-bedroom, 2-bedroom duplexes, and 2 and 3-bedroom Penthouses • Amenities: showroom, supercar vault, skybar and restaurant According to the price list on the website, one penthouse and four apartments have been sold. Apartment Breakdown: • 20 one-bedroom apartments • 30 two-bedroom duplexes • 12 two-bedroom Penthouses • 1 three-bed Penthouse The TSC (Tatali Society Club) Showroom and Supercar Vault are the showstoppers of this development. In partnership with RACE! They will be offering luxury car owners climate-controlled, secure storage with a monitored vault and on-site detailing centre. RACE! also operates Ducati’s flagship dealership in Durban as part of their expansion with Volkswagen Group Africa - so expect luxury super bikes too. Tatali is a premium precinct located within the 300-hectare Zimbali Lakes mixed-use estate on KwaZulu-Natal’s North Coast (Ballito). Developed by IFA Hotels & Resorts, it offers luxury residential options (mansions, villas, penthouses and apartments) along with leisure, retail, and commercial spaces. Residents of Tatali have their own private entrance. Still, they also have access to the Zimbali Lake estate’s retail, restaurants, Ernie Els 18-hole signature golf course, padel courts, tennis courts, resort-style swimming pool, cricket practice facilities and gyms. And with an opulent product offering like this, they are throwing in an exclusive membership-only club called The Tatali Society Club. The club offers white-glove valet, a cigar lounge, whiskey lockers, concierge services, gourmet culinary experiences, invitation-only events, and access to private boardrooms and work lounges. A lot of supercar collectors run out of space storing their cars (first-world problems, I know) but that is what inspires the concept for something like this. What are your thoughts on this unique development amenity?

Ash Müller

26,608 次观看 • 9 个月前

Since opening in 2021, The Rockefeller Hotel has achieved an average occupancy of around 76%. I personally feel that The Rockefeller Hotel is one of those classic tales of the underdog. Designed and launched prematurely during COVID, this building is now perfectly poised to serve the tourism market, the conference capital of SA (Cape Town), and is locked in with corporate bookings for the next few years. An interesting opportunity is coming to market, and no, it’s not the usual off-plan aparthotel sales pitch we have become accustomed to in the Mother City. The developer has decided to release 60 units for sale. The building currently yields between 10% and 11%. Use it yourself or earn from day one in the rental pool. The beauty of this fully functional hotel asset is that the numbers are based on actual data from an already-operating building. From a hospitality perspective, Newmark Hotels, a well-known international hotelier, has been running this hotel since 2021. Quick facts about the Rockefeller: • Location: 12 Christiaan Barnard Street, Foreshore, Cape Town • Studios with 1-bedroom and 1-bathroom (25m2 - 42m2) from R1 745 000 - R2 995 000. Your estimated monthly net income is R15 000 - R25 200. • Amenities: conferencing and co-working facilities, boardrooms, 24HR concierge services, restaurants, fitness facilities, spa, rooftop leisure space and indoor pool Final developer release - 60 units from R1.745 million. Launching Online, Tuesday 14 July 2026 at 11:00am | Register Now

Ash Müller

127,395 次观看 • 13 天前

The biggest hospitality project since Sun City is nearing completion…👏 Valued at over R2 billion with 345 hotel rooms and 66 villas. It took almost two decades for them to find the perfect site on KwaZulu-Natal's North Coast. You’ve heard so much about it, and now you are about to walk through the construction site for yourself. Take a tour of South Africa’s first-ever Club Med Resort, which is well on its way to completion. Driving through the entrance of the 32-hectare resort, you cannot visualise just how big this project actually is. From a drone's-eye view, you can see construction workers working on 7 separate projects - each valued at R200-350 million. No phases of development here; everything on site runs simultaneously since day one of breaking ground. To put this into perspective, the development of a small convenience shopping centre (let’s say 10 000m2 in size) is valued at between R80-100 million. The project value of this Club Med would be identical to building 21 of these convenience shopping centres - all at the same time. That should give you a pretty good idea of just how colossal the Club Med resort project is. In November last year, they recorded over 1.3 million man-hours of on-site local labour. Insane and fabulous for our employment sector. And the most impressive part? No construction delays. Club Med is well on its way to opening on its initial grand opening date in July 2026. Thank you, STRUXIT civil engineers, for the invitation to tour this massive project. Good luck to the on-site team in the final stretch.

Ash Müller

372,269 次观看 • 5 个月前

Have you heard about the new R18 billion ‘city’ being built right next to Sandton in Jozi?👀 It’s called the Bankenveld District City (BDC), and here’s what’s up: • Size: 300 hectares • Construction timeline: 15 - 20 years • Location: Between Sandton and Waterfall, just off the Marlboro offramp. • Developers: Eris Property Group & Calgro M3 (with Nedbank Property Partners as equity partner) The plan is ambitious: nearly 30 000 homes, plus a shopping centre, schools, offices, clinics, green spaces and 500 000m2 of industrial, commercial and retail space. The land (portion 5 of the Farm Bergvallei 37) once belonged to Wits and was sold for R200 million. About 34% of the site will go into infrastructure. Calgro M3 will drive the residential side, while Eris handles retail, commercial, industrial, healthcare and education. Developers are calling it a “city”… but to me, it feels more like a large-scale mixed-use precinct. Still, it raises important questions about how Joburg is growing: • Will projects like this ease pressure on Sandton and Waterfall, or just extend the urban sprawl? • Can infrastructure keep up, especially roads, utilities, water, electricity, and public transportation? • And at a time when housing affordability is a national concern, how many of these 30 000 homes will really be accessible to the middle market? South Africa needs bold developments that match the scale of our challenges. Challenges that we know the government cannot solve solo. I am looking forward to seeing these private developers make a difference with BDC. Is this the future of Joburg’s growth, or just another mega-project with too many promises?

Ash Müller

158,696 次观看 • 11 个月前

Piggery || Starting a New Venture with US$5 000- US$10 000 A single sow (female pig) serviced (pregnant) is purchased fr US$300 to US$450 Fortunately, changes of getting an average of 10-12 piglets (Litter size), with breeds like large white, duroc or landrace are a bit higher and so after 115 days or 3 and half months you have your Chances are you would be having 11 pigs 🐖 and probably 50% being females which are serviced 6-8 months and either sold again or allowed to breed, if allowed to breed by the end of year, you will be having on average 100 pigs and in the end of 2024 on average of 1500- 2800 becomes your piggery herd size, Meanwhile, selling 100 serviced gilts monthly might become your business model, with an average of $350 each this would mean US$35 000 monthly income! As the year ends, your total revenue is expected to be US$420 000 and this is before the sale of porkers and baconer, which are potentially good at giving you an edition of 120 - 250K Generally a piggery farm is capable of giving you on average US$650K in a period of 2 years and going forward! Numbers matter so much in livestock and the more you do the more you generate in revenue! It's that simple 👌, Unlike a lot of individuals who end up stuck without a business model, let alone a revenue model, check Afrostain Farmtech to do all the heavy lifting with a land use and management plan 💪 We want to see your business changing from good to better! Let's go for growth ✨️ This is your absolute chance to get real value for your land, However, I must admit that it's not that simple ! Let's talk about your land use planning, and explore opportunities together as one ✨️

Wenceslous Nyamupfukudza

136,220 次观看 • 2 年前

Several regions of Russia have suspended payments to families of those killed in the war against Ukraine. Families of the Russian soldiers killed in the "special military operation" used to receive a number of one-time benefits, including a payout to a surviving spouse (if any), or to adult children, or to parents. In addition, families were immediately given a presidential payment of 5 000 000 rubles (≈ $63,200). On top of these federal payments, regional authorities could also provide additional benefits. For example, in Moscow and Moscow region, in Vladimir, Magadan, Novosibirsk, Tyumen regions, and Khanty-Mansi Autonomous Okrug-Yugra, the amount was 3 000 000 rubles (≈ $38,000). In Arkhangelsk, Bryansk, Leningrad, Nizhny Novgorod, Tula regions, as well as in Tatarstan and Krasnodar Krai - 2 000 000 rubles (≈ $25,300). In other regions the payment was 1 000 000 rubles (≈ $12,700). Authorities in Khakassia suspended the "funeral payouts" reportedly due to "regional budget problems." The benefit was introduced in the republic in September 2022 and amounted to 1.1 million rubles (≈ $14,000), though its existence was never publicized. Exactly when the payments stopped is unknown. On November 19, the head of the People’s Front in Khakassia, Kseniya Buganova, revealed the absence of such payments. According to her, the money allowed families to organize "dignified funerals," since insurance compensation arrives only about six months after the death of a serviceman. Earlier, posthumous payments to relatives of soldiers killed in the war were also canceled in Zabaykalsky Krai. There the payment reached 1 000 000 rubles (≈ $12,700) per family, plus an additional 300,000 rubles (≈ $3,800) per child. In order to avoid paying the promised "funeral payouts," the state simply "forgets" about those listed as missing in action. As long as a soldier remains classified as "missing," no compensation is due. Legally, of course, families of servicemen who are missing or killed in the "special operation" may claim various types of compensation and benefits. But officially declaring a soldier "missing in action" is a very laborious and slow process (search operations - 30-90 days; court petition - at least 6 months after disappearance; then a court decision). In Ulyanovsk region, a deputy from the ruling party and a coordinator of a local Defenders of the Fatherland fund - Gazinur Timushev and Ildar Kurmakaev - were arrested. According to an investigation, they convinced an acquaintance to sign a contract with the Ministry of Defense and then enter into a fake marriage so that they could later collect all available payouts for him. The man was sent to the front, his bank card access was revoked, and about 580,000 rubles (≈ $7,350) were stolen. When he went missing in action, the scammers attempted to claim 13.6 million rubles (≈ $172,300) in funeral payouts from the Ministry of Defense. But things didn’t go according to plan - both were detained. Russia’s tactics remain unchanged - "cannon fodder" continues to die in assaults. And now there is a new wave at the front - contract soldiers who may face criminal punishment for refusal to go to the "special military operation" (once a contract is signed, service by conscription is no longer possible). The command continues to "dispose" of them, saving on payouts. The Kremlin keeps claiming that the Russian economy cannot be knocked to its knees, "everything is going very well." But the fact that some regions are now without funeral payouts shows the opposite: there are problems, and they are growing like a snowball. Most likely, in other federal subjects of Russia the state of the budget is also "on the edge," but the authorities prefer to remain silent rather than pay for death. 📹: Radio Liberty

Anton Gerashchenko

37,029 次观看 • 7 个月前

Probably one of the only developments in Rosebank right now giving the Jozi property market a run for its money…👏 I was pleasantly shocked by how well the development, ONE Rosebank, is doing in both construction progress and sales. When it comes to sales momentum in new residential blocks in Johannesburg, the numbers at ONE Rosebank are seriously impressive. First, the finishes are superb. For an investor product like this offering smaller units for short-term rentals, the developer has outdone themselves with their choice of fixtures and finer details. Second, the location is insane. If you know me, you know I am a lover of Rosebank. The vibe down the Proud Mary/MamaSamba restaurant alley outside Rosebank Mall, the hotel offerings, the development of the Oxford Park’s precinct and the work culture are second to none. Trees everywhere, and this time of year, they are an ocean of purple. There is a younger, work-energy here compared to the inner-city feel of Sandton - young in feel, not necessarily age. And it’s infectious. ONE Rosebank is being developed by Tricolt. Phase One, with 396 apartments, is sold out. Phase Two is 50% sold out. I was fascinated to learn that they sell between 10 and 15 apartments a month, and while some of the buyers are local, Kent - Head of Sales - tells me many are from the USA. This is a refreshing insight to see Americans purchasing in Jozi rather than in the usual Cape Town or KZN coastlines. I liked what I saw, and I am looking forward to revisiting this site soon to see the finished product. Watch the video below to see my tour of ONE Rosebank.

Ash Müller

39,347 次观看 • 7 个月前

You thought Club Med was a massive project for the North Coast of KwaZulu-Natal, but have you heard about the R50 billion city being developed?!😱 Zimbali, as we know it, is about to transform into a luxurious city on the coast. Developed by IFA Hotels & Resorts (IFAHR), they will now build the Zimbali Marina and The Zimbali Country Estate with over 1000 residential units, located across the N2 from Zimbali Lakes. Over the past two decades, R30 billion has already been invested in Zimbali Coastal Resort and Zimbali Lakes Resort (under construction). Zimbali Lakes includes the Ernie Els Signature Course, which opened in April 2025. The above, paired with the newest phases (Zimbali Marina and Zimbali Country Estate), brings this project’s total development cost to R50 billion. It’s all giving Dubai vibes, but I am here for it. It’s great to see the North magnetising so much future investment. I am hoping that this actually ends up happening… And that Club Med will be a catalyst for more resorts to set up shop in this area as well. There are many neighbouring land parcels here that are undeveloped and brimming with potential. The weather here is excellent year-round, and Cape Town has become expensive. The Mother City could do with some coastal competition in the real estate market. The Zimbali Marina project will boost tourism and fishing/commercial activities, while providing world-class residential units. The Zimbali Country Estate will launch next year. What do you think of this Marina development for KZN?

Ash Müller

543,129 次观看 • 7 个月前

🚨WAKE UP GERMANY 🛎️🛎️🛎️ 🚨ALICE WEIDEL DESTROYS MERZ & URSULA VON DER LEYEN 🚨You Keep Wasting Trillions on Useless Development Aid, that Makes BlackRock Even Richer and Feeds a Few Profiteers and Lobbyists. 🚨All People are Equal, but Some are More Equal. 🚨URSULA, show us your texts once you enforce Chat Control! 🚨Total control in your chats – that's how they want to keep citizens in check, while Ursula von der Leyen DELETED her PFIZER DEALS via text messages. 🚨Today your Ursula von der Leyen of the CDU is in the EU Parliament, pushing for total surveillance of the public, chat surveillance, chat control, again by requesting an emergency vote, after it was rejected dozens of times. 🚨Keep voting until it passes. 🚨The total surveillance in cars, in chats, that's how you want to control the public, while Ursula von der Leyen has deleted her Pfizer deals via SMS. 🚨Month after month, 15 000 industrial jobs disappear. 🚨The auto industry is in decline, deindustrialization is turning into a mass exodus. 🚨Even Volkswagen is faltering. 🚨100 000 jobs are at risk. 🚨Suppliers and service providers are falling like dominoes, not a week goes by without bad news. 🚨Germany's small and medium-sized businesses are running out of reserves. 🚨The insolvency tsunami is driving prosperity and good jobs out of Germany. 🚨Economist Bernd Raffelhüschen estimates the cumulative costs of German migration policy at 6 600 000 000 000 six trillion, six thousand billion euros. 🚨The citizens and taxpayers, they are becoming impoverished. They feel the decline every day in their own wallets. 🚨Social spending is exploding, it is rising faster than wages. 🚨An arms industry whose products you give away to Ukraine and financed arms industry as a replacement for the ruined real industry on. An arms industry whose products you export to Ukraine give as a gift. 🚨Year after year you want to take on more than two hundred billion in debt. That's one trillion euros by 2030. Next year we'll pay 40 billion just in interest, this year, 32 billion. That will add up by 2030. 🚨Your financial policy is driving Germany straight into state bankruptcy and the homeowners, citizens with homes and mortgages, into ruin. 🚨Who benefits? 🚨Maybe BlackRock or international investors, German real estate will be bought up at the latest in 2029, or 2030, at rock-bottom prices. 🚨That brings the circle back to this chancellor, Merz. You will leave behind a pile of rubble for those who come after you. A pile of rubble.

Ignorance, the root and stem of all evil

20,409 次观看 • 2 天前

FLOKI LAUNCHES TOKENFI (with "TOKEN" ticker) TO CAPITALIZE ON THE TRILLION-DOLLAR TOKENIZATION INDUSTRY Floki has launched a crypto and asset tokenization platform named TokenFi to capitalize on the trillion-dollar tokenization industry. The tokenization industry is projected to be a $16 trillion industry by the year 2030. BlackRock, the world's biggest institutional investor with $10 trillion of assets under management, strongly believes in the industry's potential, which they call "the next evolution in markets". TokenFi, with the ticker TOKEN, aims to simplify the crypto and asset tokenization process and eventually become the foremost tokenization platform in the world. We will unveil the platform website on the 27th of October, and you can finally see what we've got planned, but for now, you can find the token details below. TOKENFI TOKEN DETAILS: - Token name: TokenFi - Token Ticker: TOKEN - Total supply: 10 billion tokens split across BSC and ETH (5 billion tokens on each chain). - Launch market cap: $50,000 circulating and $500,000 diluted market cap. - Industry targeted: Tokenization, Real World Assets, Launchpad. An initial 10% token supply will be added to Liquidity Pools on Uniswap and PancakeSwap to provide public liquidity and allow interested parties to trade. TRADING WILL COMMENCE ON UNISWAP AND PANCAKESWAP BY 3PM UTC ON OCTOBER, 27 2023. - BSC contract address: 0x4507cEf57C46789eF8d1a19EA45f4216bae2B528 - ETH contract address: 0x4507cEf57C46789eF8d1a19EA45f4216bae2B528 (NOTE: The contract address is the same on both the BSC and ETH chains). FLOKI stakers will earn 56% of the supply over a period of 4 years. The Floki community is known for being diamond-handed, and with TokenFi being in an industry with MASSIVE potential, FLOKI holders are the best candidates to receive the majority of TokenFi tokens. Since they would be staking their FLOKI tokens to get the new token, this will also ensure stability for the FLOKI token! TokenFi supply will be split evenly between the BSC and ETH chains: In other words, there will be 5 billion tokens on BSC and 5 billion tokens on ETH, to make for a combined total of 10 billion tokens. 5% of the supply will be paired with LP on BSC and the other 5% on ETH. This will make the starting circulating market cap on BSC a $25k market cap and on ETH a $25k market cap to make a combined initial circulating market cap of $50k and an initial fully diluted market cap of $500k (which will be gradually released to FLOKI stakers over a four year period). IMPORTANT INFORMATION FOR THE FIRST HOUR OF LAUNCH We understand that with this being a Floki token, there is a lot of hype. As a result, we have put measures in place to limit the impact of snipers on the token: Specifically, there will be a 1% wallet cap (of total supply) within the first hour of launch. That means no individual wallet can buy more than 100 million tokens within the first hour of the token becoming tradable. In addition, there will be an initial buy/sell transaction tax of 20% within the first hour. This transaction tax will do two things: 1) potentially limit the impact of snipers and 2) ensure a significant portion of whatever snipers/early buyers spend goes to the Floki treasury, which can be used for growth and development efforts. After the first hour, the wallet cap will be removed, and the transaction tax will be lowered to 5%. This 5% tax will remain in place for a week, after which the Floki DAO will vote on whether or not to remove or reduce it. We have instructed our exchange partners not to list TokenFi until this DAO vote. OUR PLAN FOR TOKENFI TokenFi is a well-thought-out concept that we have a strong capability to deliver on! We will unveil our roadmap with the launch of the TokenFi website on the 27th of October, 2023. However, we assure you that several TokenFi products are in advanced development on testnet and are due to go live in Q4 2023. In addition, we are working with some of the biggest names in the industry - especially from an institutional perspective - to make TokenFi a success, and they are quite excited about the concept and its potential. In our original DAO proposal, we already announced DWF Labs as our main institutional partner and market maker for TokenFi. We also announced a strategic partnership with World Table Tennis that will introduce TokenFi to a massive audience of 120 million people. We will announce many more partners in the coming weeks and months, and I'm sure that when you see the moves we have made, you will see why there is no better person to execute this vision than Floki!

FLOKI

1,954,597 次观看 • 2 年前