Cryptocurrency exchange Coinsbit will hold the first IEO (Initail Exchange Offering) in the EU for Fortem. Fortem seeks to tokenize the real estate market in Poland. The project’s team has been involved in the real estate market for several years. Currently, they hold an investment portfolio worth 155 million zlotys (US$41 million).
Fortem will be listing Fortem Capital Token on July 4th 2019. “We have been diligently working on launching an IEO over the past six months, so now we’re happy to announce the first IEO. Thanks to Coinsbit they will be able to make their business international,” the spokesperson for Coinsbit commented.
Fortem is creating the first-ever platform on the Polish market based on blockchain technology. The platform allows investors to be part of Fortem’s projects in a simple and secure way. It provides investors with an opportunity to invest their assets in the real property sector, through Fortem projects by using the Fortem Capital token.
Fortem Capital token aims to solve the problems related to international real estate transactions by means of creating an asset transfer platform for the Polish real estate industry.