PLEASE ANYONE GIVE ME ADVICE AND RESPONSE TO MY IDEA ๐๐ป
I plan to create a token named GRD with a very limited supply of 10 million. I price 1 GRD token at $65 and only 6 million tokens will be released to the public while the remaining will be held by the company.
The GRD token is similar to PAXG (backed by gold) and USDT (backed by USD) which has real-world backing in the form of property projects that I have developed since 2018 until now.
The GRD token has the following functions:
1. It can be used for saving and eventually be used as a payment tool to purchase properties from my company.
Example:
1 house priced at $100k means you can save tokens until reaching that amount and can exchange them for a real asset.
2. Staking coins for house construction.
Example:
I offer the public to build 100 houses and the actual price per house is $100k but specifically for this program, each house is only priced at $65k. Once the house is completed (5-6 months), a vote will be held to decide whether to sell/rent it. Whatever the decision, the revenue will be shared among those who participate in this program.
3. Business crowdfunding.
Example:
I invite the public to build restaurants, hotels, hospitals, schools, malls, etc. through a fundraising system. And once the buildings are established and operational, all financial data can be accessed in real-time with the help of blockchain. This means everyone holding tokens and involved in this crowdfunding can know the daily to monthly income. Then, every month all revenue earned will be distributed to the token holders involved in this project.
4. GRD as a payment tool in the real world.
Example:
I want this token not only to be a virtual trading tool that is bought when the price is low and then sold at a high price but to truly have a function in the real world, especially within the ecosystem that has been built by the community.
What do you think?