By @SimonCocking interview with Stefan Hickmottn from Evareium, a digital real estate fund token incorporating disruptive blockchain technologies. Stefan Hickmott will be speaking at the Blockchain Innovation & Investment Summit Dubai on March 19th.
1 min pitch for what you are doing now?
Evareium is an award-winning ecosystem model which is purpose-designed to disrupt the largest playbook blockchain will ever see – the c.US$ 220 trillion global real estate industry which, including travel, tourism and leisure, is the largest industry in the world contributing over US$ 10 trillion annually to the global economy. Within this vast, physical world, Evareium has formulated an entirely digitalized future, where asset-backed, ‘point-and-click’ investment can be almost instantly undertaken, operations can be far more effectively managed, and the compelling benefits of real estate income streams can be readily availed. Real estate is the most popular asset class in the world, but one of the most illiquid – Evareium solves the fundamental, physical constraints of real estate interplay by creating a holistic, tokenized platform, coalescing physical assets and their processes with blockchain-based digitalized solutions.
How was the last year, what worked well, what didn’t move as quickly as you would have liked?
I think it’s fair to say that 2017 exceeded all of our expectations at Evareium, especially since we only started the project officially in September. The foundations of the Evareium model are rooted on a fundamental investment model and principles dating back some years since we put the commercial model together. The ICO boom and advent of blockchain has allowed us to develop Evareium at an incredible pace, and source and resonate with what has become our core, founding base of investors. Winning a global finance award from International Finance as the most innovative real estate fund was certainly a key highlight and milestone for Evareium.
In terms of challenges, clearly the pace of growth of the ICO world has evolved leaps and bounds in a very short time and accordingly getting our message out to as wide-a community globally as possible has become increasingly complex and resource intensive. But we are incredibly optimistic about 2018 and in particular our ability to transcend investors from the multi-trillion dollar, traditional investment sector into our digitalized ‘click-in-click-out’ platform. Which is surely the future.
What are your plans for the future?
For Evareium it’s all about fundraising and acquiring assets, plus launching our second token EVT which our community is extremely excited about. We have a deal-book of over US$ 100 million currently for the EVM investment token, and our ITO is live and currently receiving very strong interest from both crypto and traditional investments sources – which is the core functionality advantage we believe for Evareium in that it resonates with the crypto and traditional investor base. We also have multiple conversations with leading digital exchanges happening as we speak, with the view of hopefully onboarding our EVM and/or EVT tokens as soon as possible.
Official BII Summit Ambassador Sally Eaves https://t.co/3bVuis6K6J
— BIISUMMIT (@BIISummitDubai) March 5, 2018
What will you be talking about at this event?
We want to share with the audience a vision for creating digitalized and decentralized real estate investment ecosystems which redefine the manner in which we invest in and manage real estate. Real estate investment and the business operations within such properties presents the largest playbook there is in blockchain – a c.US$ 220 trillion value asset class, contributing over US$ 10 trillion in economic value per year since it includes property operations, travel, tourism, hospitality and food and beverage operations.
What inspired you to attend it?
Dubai’s vision to become a global centre for blockchain innovation and complete government implementation is being realized at a rapid pace; so this event seems like the perfect forum for meeting the world’s greatest innovators and implementers in the blockchain investment space.
— BIISUMMIT (@BIISummitDubai) February 19, 2018
Which influencers and websites do you follow to keep up to date with the latest developments?
Cryptocoin.news, The Merkle. There’s a huge amount of great content these days out there about blockchain and ICO’s. Can be difficult to keep up with all the new developments, announcements and general noise.
How can people find out more about what you are working on?
We have a comprehensive set of documentation, videos and other content on our website at www.evareium.io, plus our blogs at blog.evareium.io. People that join our Telegram Group and whitelist are the first of course to get our comprehensive updates on progress and developments.