Panama City, Panama November 10, 2017
Panama-based Prime-Ex Perpetual has sold over 2.5 million tokens – its minimum ICO threshold in a pre-sale event that started on November 1. The pre-sale of PEX-Tokens guarantees that Prime-Ex Perpetual will be able to start their proof of concept beginning in January.
The company reported today that this has secured all of its minimum targets during the first leg of the campaign. Prime-Ex Perpetual focuses on building, selling, and long-term financing of American-style homes for expats via branded real estate ecosystem tokenized by their PEX-Token, the blockchain technology which is available from the Waves platform.
“Crossing over the 2,500,000 PEX-Token threshold for token sales is a major achievement for us. We are eager to get out there and begin building the homes today that will be the backbone for our ecosystem tomorrow,” said Prime-Ex Perpetual’s CEO John Gilbert. Prime-Ex Perpetual will now start implementing its unique residential real estate ecosystem and breaking ground on the first houses in Panama.
Prime-Ex Perpetual will market residential real estate to expats around the world who cannot easily get financing abroad but are members of an elite group with high discretionary income. Prime-Ex Perpetual is stressing building quality, overall value, and life experiences for expats through its extensive marketing campaign, which has been running in the Western and European top tier media recently.
Prime-Ex Perpetual is offering PEX-Tokens for sale on its website. PEX-Tokens will be used in the future to incentivize homebuyers: they can pay mortgages directly with them on their newly financed homes by entering the DEX Exchange and purchasing PEX-Tokens from existing token holders. Prime-Ex Perpetual says that it is creating a whole new asset class of value with its unique offering and is raising a new type of REIT through blockchain utilization.
Prime-Ex Perpetual pre-sale of PEX-Tokens ends November 8th. The ICO will start on November 15th and will run through November 30th .
About Prime-Ex Perpetual
The Prime-Ex Perpetual 125 home proof of concept will occur in the cool highlands and the warm beaches of the Republic of Panama, the top expat destination for home ownership and a place where financing homes used to be challenging for expats. Once the concept has been proven, Prime-Ex Perpetual will expand into other international locations. To buy Prime-Ex Perpetual’s PEX-Tokens please visit prime-ex.com or for more Prime-Ex Perpetual info download the white paper http://www.prime-ex.com. http://www.facebook.com/PEXTokens or follow us on Twitter: @PEXTokens
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