What is Builderium Project?

tinhkhuat (32)in #builderium • 6 years ago

Builderium is a digital construction platform that connects both construction workers and contractors’ clients. For those in the construction field, this is a platform to watch, as it aims to bring a lasting solution to the construction field by easily locating clients for contractors, making finding job offers easy for construction workers and providing clients with quality construction workers at a cheaper cost.

Builderium offers individuals and businesses the opportunity to connect with professionals in the construction industry to complete related projects. The platform is equipped with the reverse auctions feature and this allows projects to be completed within the defined budget. The transactions on the platform are also secured using blockchain technology.

Builderium Benefits:
By bringing clients and builders together on a dedicated platform and matching them based on location, Builderium stands to overcome the construction market's fragmentation, whereas employing the blockchain and allowing reviews should help tackle the trust problem. Builderium offers a somewhat more flexible approach than most existing freelance platforms that should help accommodate the interests of all parties involved. Clients could save a lot of money and trouble with such a platform, while builders would find a larger market for their services while saving on their marketing efforts.

The team behind Builderium has a lot of experience in software development, finance and other areas of business, albeit not in construction. It promises a healthy emphasis on compliance with building regulations that would be taken into account during their vetting process and aftewards. Builderium is meant to expand globally, which seems like a realistic goal assuming early success given that streamlining the construction market is a global need.

How does Builderium Platform Works?
The Builderium recruiting team would vet potential contractors before letting them join the platform. Clients would submit construction projects on the platform (accessed through a website or a mobile app), specifying their locations, the required specialists and the minimum and maximum prices they would be willing to pay. Those projects could range from building a new house to repainting the walls or replacing the roof. The platform engine will match each project to contractors from its pool based on their location, specialty and experience. Those contractors will need to commit a BUILD token each to take part in a reverse Dutch auction. The lowest bidder will receive the construction contract.

All payments on the platform will be executed securely on the blockchain, with the option of using BUILD tokens. Upon completion, clients will be able to leave reviews for their contractors. Ordinary construction workers will also be able to use the platform to look for work, both part-time and with construction companies.

The Builderium BUILD Token:
The platform has laid down a plan to build a network that connects clients and professionals genuinely by its intention to introduce the BUILD cryptocurrency. This currency is intended to be a legal tender on the builderium platform. The BUILD cryptocurrency also seeks to mend loses on deals due to lack of funds.

Token Model

An Initial Coin Offering launch to the public is looming. The coin distribution is aimed at further development and proper promotion of Builderium. According to their website, 23,000 ETH is the total amount of tokens available, of which 20% will be made available during the pre-ICO period. The public is expected to receive 60% of the tokens while another 20% is a reserve for the advisors, core developers, and founders.

To show their commitment to users, the platform has BUILD tokens, which facilitate transactions on both Builderium.com platform and Builderium.io network.

BUILD Token Allocation

Users who purchase BUILD tokens stand a high chance of benefiting greatly upon the launch of the token. The tokens, moreover, can be used to make payments on Builderium.com platform.

With the BUILD token sale, the platform will provide the most competent talents to serve user’s needs because besides initiating work on the Builderium network, it also enables expansion into the rest of the world such as USA, China, and Canada.

Builderium Team:

Advisors:

Roadmap:

Token Sales Detail:
Two percent of the tokens, which will be locked for 30 days after the ICO, will serve as the bounty. Up to 3% of the total tokens will be locked for 90 days after the ICO and they will be exclusively allocated to the advisors. The founders will get 11% of the tokens, which will be locked for 180 days after the ICO.

Token: BUILD

PreICO Price: 1 ETH = 6,650 BUILD

Price: 1 ETH = 5,000 BUILD

Bonus: Available

Bounty: Available

MVP/Prototype: Available

Platform: Ethereum

Accepting: ETH, BTC

Minimum investment: 0.1 ETH

Soft cap: 2,500 ETH

Hard cap: 35,000 ETH

Country: Switzerland