White CRYPTO City

 

WHITE CRYPTO CITY - LARGEST PROJECT IN CYPRUS

Crowdsale has done under UK regulatory framework. Project Based on blockchain TECHNOLOGY and smart contracts. The land for the project is located in Cyprus between the largest cities of Limassol and Larnaca and already belongs to the company. The fundraising company is aimed at implementing an investment project. 

Investment project located in Cyprus

  LUXURY white crypto city PROJECT IN CYPRUS Crowd sale under UK Regulatory Framework 

Decentralized WHITE CRYPTO CITY based on Blockchaine Technologies and Smart contracts    

This is a unique investment project, under which we decided to open the Crowd Foundation with the subsequent Crowd Sale.   

Decentralized White Crypto City is an investment project that is planned to be built on a plot of land located 15 minutes from Limassol with the stunning sea view. 

The project will consist of residential and commercial property


IDEOLOGY

  • Creation of AGIA Investment Real Estate Platform 
  •  Implementation of the platform in the WHITE CRYPTO CITY investment project  
  • Testing of the investment Real Estate Platform
  •  Programming of the "White Intelligent System"  
  • Programming and creation of tripartite smart contracts 
  • Information about real estate objects is stored in Blockchain 
  • Real estate transactions via Smart Contracts

STRUCTURE OF WHITE CRYPTO CITY

It is impossible to record invalid information - each block in the Blockchain information contained in the previous blocks. It turns out that the correct data cannot be changed or deleted
The choice of real estate will be available on the platform. Blockchain makes the financial activities of the developer completely transparent to real estate buyers
The reliability of the seller is easy to assess before investing money. Through the Blockchain, you can track how the developer uses the money, where he spends the money, what transactions he makes with contractors and partners. Any violations will immediately appear.
Blockchain Technology reduces the risk of fraud to zero and also gives investors a lot of advantages. For example, making transactions without intermediaries, which reduces costs, as well as short terms of transfer of ownership - technology allows you to make entries in the register of real estate for several hours, not days
The platform will be the first block-building providing investors the opportunity to track information about the developer and make transactions with real estate online. Information will be available on the portal, allowing you to make sure of the progress of construction 

AGIA IT real estate platform is based on Blockchain technology and the use of Smart contracts

  • Opportunity to invest at any stage of construction 
  • Anyone in the world can become an investor 
  • Ability to invest small amounts  
  • Preservation of information on real estate transactions in Blockchain 
  • Investments are protected by intellectual contracts 
  • Purchase, sale, lease of real estate through Smart Contracts  
  • Decentralization and transparency  
  • Photo and video coverage of the stages of construction

OUR GOAL

  • Implement the AGIA IT real estate platform based on Blockchain technology 
  • Attract investment in the construction of a decentralized White Crypto City in Cyprus
  •  Eliminate intermediaries, increase transparency and liquidity, remove barriers to entry into real estate investments 
  • It is also planned to use the Smart House system adapted for this project

2018 - 2028

  White Crypto City in Cyprus


 ABOUT THE PROJECT:   


White Crypto City is a decentralized city in Cyprus, based on Blockchain technology and smart contracts. Transparency and decentralization are the basis of this Megaproject. White Crypto City will have its own internal cryptocurrency - Whitecoin (WTC), which will be in the circulation of the city. White Crypto City - an investment project, is planned to be built on an area of 1.8 million m2, located 15 minutes from Limassol. The project will consist of 700 000 m2 of residential and commercial real estate. 


The company created the AGIA IT Real Estate Platform based on Blockchain technology and Smart Contracts  


 PURPOSE, PRODUCT, STRUCTURE


   Our goal is to implement a real estate platform based on Blockchain technology and attract investment in the construction of a decentralized White Crypto City in Cyprus   

Eliminate intermediaries, increase transparency and liquidity, reduce barriers to entry into real estate investments It is also planned to use the adapted system Smart House. 


Investment projects - residential and commercial buildings equipped with the "White Smart System"  


 "White Smart System" recording and informs all investors about the construction of the next real estate object in an open network in real time with a daily update     


THE AGIA IT PLATFORM ENABLES PARTICIPANTS TO:   


Get income from the sale of real estate

 Have access to information about projects under construction 

Have the opportunity to become the owner of real estate in a decentralized city   


The possibility of investing at any stage of construction 


Get real estate information in real time 

To receive income from the lease of commercial and residential real estate 

Monitoring of construction and quality control of buildings     White Crypto City is an investment project that is planned to be built on a 1.8 million m2 land (owned by the company) located 15 minutes from Limassol 


The project consists of 700.000 m2 of residential and commercial real estate. 


AGIA IT real estate platform is based on blocking technology and smart contracts   



"WHITE SMART SYSTEM"   

Audio and video systems are integrated into the common system of White Smart Systems 

The audio system remembers and plays voice memos, can voice your actions and can also send you information of interest 

The video system monitors the external environment 

Both audio and video systems interact with the date base of the project and with all social networks registered under the project White Crypto City         

Сompany will hold most of the issued White coins and contribute its funds to credit local merchants and business through local bank system with a very small interest rate. 

So as White city's fund will negotiate conditions on lending and loans, every business based in White CRYPTO Сity will have access to very cheap credits with any term. 

So as 53% of Whitecoin’s will be based in this fund, it will be used to stimulate local businesses. 

Everybody can also deposit the limited amount per person in Euro in one of virtual Whitecity's bank and receive the same amount in Whitecoin (daily, weekly, monthly currency swaps) according to the exchange rates. In order to make Whitecoin's payments rapid and fee-free, we plan to benefit using Plasma.io Framework. 

Plasma is a framework for blockchain with native ERC20 Tokens support and scalable to process a significant amount of transactions per second (potentially billions). 

The scheme issue based on similar design features to Lightening Network in Bitcoin ecosystem.

This solution enforces original safety and reliability of Smart Contacts upon the underlying blockchain.

  

White Сity use its own virtual currency scheme with bi-directional flows via EURO, in which Whitecoin can be bought and sold according to (floating) exchange rates. 

Whitecoin’s initial circulation supply is limited to Land certificates supply and Real Estate certificates supply with the proportion:1 newly issued Land or Real Estate certificate add 1000 White coins to circulation. 



WHITE CRYPTO CITY officially has its own monetary unit - White coin, which will be in circulation in the city and be able to be quoted on exchanges.

The first White city in the world based on smart contracts and blockchain technology. 

Total at least 1.8 million sq.m. of land and 700 000 sq.m. residential and business property. 

Most up to date technology. Most modern WHITE CRYPTO CITY Marine yacht club with diving club and a large seawater​ aquarium in which marine animals are kept for study and public exhibit 


Information about the distribution of certificates, Whitecoin supply is based on. 

Cyprus is back on a growth track and has been ranked as one of the fastest growing EU economies. 

The country exceeded international expectations by turning its economy around in just three years following a devastating financial crisis.

But far from resting on its laurels, the island is determined to maintain a steady pace in boosting efficiency and investor confidence. 

Cyprus has shown remarkable resilience following the financial crisis of 2013 and has implemented tough austerity measures to restructure and diversify its economy. 

The country surpassed all expectations exiting recession in 2015 – a year earlier than first projected – and continuing to grow in 2016. 

Despite a challenging period for one of the smallest EU member states, the economic adjustment remained on track and progress has been made in all key objectives

set out by the country’s international lenders, allowing Cyprus to reclaim its status as a self-determining and thriving economy.  


From 2015, investment growth turned positive in Cyprus, 

driven by new ship registrations and an upturn in housing investment in 2016. 

More than half of Cyprus’ trade in goods is done with the European Union. 

After a large rise of more than 20% in 2015, exports declined from a high base by 0.9% in 2016. 

Cyprus main export partners for goods are Greece and the United Kingdom, 

while Israel has recently started to vie with other countries for third place. 

The main domestic export commodities are pharmaceutical products, raw and manufactured food products, and scrap products. 

The three leading import partners are Greece, the United Kingdom, ​and Italy.

The island mainly imports hydrocarbons, machinery, chemicals, vehicles, and iron and steel. 

As a small open economy that is currently dependent on energy imports, Cyprus trade balance is traditionally in deficit, 

while its services balance is normally in surplus. 

After a recession-driven divestment in 2013-14, foreign direct investment (FDI)

AGIA IT real estate platform is based on Blockchain technology and the use of Smart contracts 

Step-by-step guide for investing in the White Crypto City Project with information in the blockchain

2018 Stage 1

COMMUNICATIONS

  • all necessary for the comfort of communications: central water and sewerage, electricity. 
  • Establishment of a management company that maintains order in the territory and provides centralized garbage disposal - construction of a AGIA Resort Rehabilitation Hotel, and a swimming pool 

PREPARATION FOR A COMFORTABLE LIFE WITH ALL THE NECESSITY: 

  • A closed protected area, a checkpoint and a video surveillance system 

137 000 000 euro

  • offices and buildings serving the city, utilities, data centers 

AGIA HOTEL RESORT

  Category AGYA Hotel Resort - rehabilitation spa hotel, medical tourism 440 comfortable rooms with exclusive 24/7 service, restaurants, spa and fitness center, the largest swimming pool in Cyprus     


 is the biggest investing Resort in Cyprus. 

Total of first project is 120 000 sqm of land and approximately 46 000 sqm of property.  

 Agia Resort Hotel, and The largest swimming pool in Cyprus with a race track for water motorcycles 

Luxury style: 460 comfortable rooms with exclusive 24/7 service, restaurants, spa and fitness center, the largest swimming pool in Cyprus. Category AGYA Hotel Resort - medical SPA tourism. 

Sunshine: Here, almost all year round, the sunshine, the average annual temperature is + 30 ° C. This area is rich in tropical plants, the sea and an amazing climate   


AGIA Resort Rehabilitation Hotel

total: 46 000 sqm 

total cost - 275 000 000 euro  

SWIMMING POOLS

laying foundation for the main pool and artificial pond 

A lot of swimming pools with recreation areas, 

Children pools, pools for visitors with animals, 

Artificial lakes for rest in mini boats 

total: 135 000 sqm

cost: 165 000 000 euro 

2020 Stage 2 - launch of the project 2020 -2024

ART GALLERY, ART SCHOOL

Gallery of Modern Art (the main exposition space with a bar and a seating area) 

 Coworking (Lectures, seminars, meetings, master classes on art and design are regularly held in the coworking space) 


total - 4 000 sqm. 

cost - 9 000 000 euro 



MUSEUM

Coworking (Lectures, seminars, meetings, master classes on art and design are regularly held in the coworking space 


total - 2 000 sqm. 

cost - 6 000 000 euro 

ART HUB

The concept is a multifunctional art-space, uniting a gallery, several exhibition halls, premises for any dance directions and a hall of coworking

This will be one of the most visited cultural places in Cyprus

The number of visitors from 5 000 to 9 000 per month


total - 3 000 sqm. 

cost - 9 000 000 euro 

2024 Stage 3-Delivery of Residential property 2024-2028

Residential villas

55 luxury villas

equipped with a smart house system

with panoramic swimming pools

very profitable villa for renting

which will bring profit from 5% 


Total: 80 000 sqm 

cost - 224 000 000 euro 

Residential apartments

85 luxury club apartments

equipped with a smart house system

with swimming pools

high level of housing for renting

which will bring profit from 5%


Total: 83 000 sqm

cost - 200 000 0000


High store towers type ''A''

luxury high-rise buildings of varying number of storeys (7-19)

equipped with a smart house system

high level of housing for renting

which will bring profit from 5%


Total: 87 000 sqm

cost - 267 000 000



2028 stage

Multi-storey offices tipe ''B''

Multi-storey offices tipe '' B ''

offices and mini shops, shopping centers, equipped with a smart home system



Total: 20 000 sqm cost - 59 000 000 euro

Multi-storey offices

office buildings variable number of storeys

equipped with a smart house system

high level of housing for renting



Total: 32 000 sqm cost - 96 000 000 euro 

White Crypto City

offices and buildings serving the city, utilities, data centers, White Crypto City municipal services, data centers

equipped with a smart house system


Total: 38 000 sqm cost - 133 000 000 euro

AGIA IT ltd London

The company organized official fundraising for the construction of the White City project in Cyprus

ECONOMY

 Сompany will hold issued White coins and contribute its funds to credit local merchants and business through local bank system with a very small interest rate. 

So as White city's fund will negotiate conditions on lending and loans, every business based in White CRYPTO Сity will have access to very cheap credits with any term. 

So as 53% of Whitecoin’s will be based in this fund, it will be used to stimulate local businesses. 

Everybody can also deposit the limited amount per person in Euro in one of virtual Whitecity's bank and receive the same amount in Whitecoin (daily, weekly, monthly currency swaps) according to the exchange rates. In order to make Whitecoin's payments rapid and fee-free, we plan to benefit using Plasma.io Framework. 

Plasma is a framework for blockchain with native ERC20 Tokens support and scalable to process a significant amount of transactions per second (potentially billions).

This solution enforces original safety and reliability of Smart Contacts upon the underlying blockchain.

 The current team invested in this project, smart contracts and smart technologies more than 15 000 000 euro. 

Together, the team has extensive experience in real estate, consulting and financing.     

W T C

 Important! 


Since the White City project is a real construction, with real companies and people who signed contracts for the construction of the White City, fundraising campaign will be repeated until the construction is completed. 


The certificates/tokens (WPP) 400 000 000 issued at the time of the fundraising campaign and has a cost equivalent to 10 euro IN ANY cryptocurrency. 

No additional emission is planned. If the required amount is reached, the collection will be closed. 


The value of the certificates grows with the progress of the construction project.  (WHITEcoin, WTCcoin) : Additional emission will be carried out. Accordingly, at the beginning of the second fundraising campaign, their price will grow in rapid progression.


 The currency of the city will be based on a blockchain platform and smart contracts. Investors will be able to use the WTCcoin currency through debit smart cards (It is planned to use the PLASMA Blockchain). 


The WTCcoin currency will be in the circulation of the WHITE CITY, and will give investors the opportunity to receive commissions each day from its use. Additional emission is possible as required.


The Whitecoin (sign: WTC; code: WTC) will be the optional currency of the White Сity private territories. It is divided into 1000 smaller units (2 decimals). This local currency will act as a complementary currency to a national Cyprus's currency EURO. 


But all the merchants operating in White Сity using the economically methods will be forced accept only Whitecoin. White Сity is setting up these local currency scheme to promote local sustainability. 


The scheme issue based on similar design features to Lightening Network in Bitcoin ecosystem. This article explains how these instruments will be used in White Сity. White Сity use its own virtual currency scheme with bi-directional flows via EURO, in which Whitecoin can be bought and sold according to (floating) exchange rates. Whitecoin’s supply is limited to Land certificates supply and Real Estate certificates supply with the proportion:1 newly issued Land or Real Estate certificate add 1000 White coins to circulation 


Information about the distribution of tokens (certificates): 

The company issues tokens (certificates) and will be distributed under blockchain technology. The address of crowd sale will be published by the team. 


Tokens (Certificate) of property participation and land participation in White City will be distributed straight away after fundraising campaign is over. Through social networks and blogs of AGIA IT company, White City investors can be in the trend of what is happening. Also among themselves, all holders of CERTIFICATES can freely sell, buy, donate, invest White Coin, WTC coin at the exchange rate. On our website and mobile application, investors will be able to view the construction stages provided by the AGIAIT ltd.  


You will understand that is the best fundraising idea. This will give you confidence that you have made the right choice! In real time, you will watch the growth of your investment. Fundraising website, crowd sale campaign White Crypto City in Cyprus    

WHITE CRYPTO CITY IS THE PRESTIGE OF CYPRUS

   AGIA IT seeks to ensure that investors receive income from the rental of real estate, located in White Creep City. WHITE CRYPTO CITY project in Cyprus - the first  Сity in world based on blockchain technology and smart contracts. We offer the world's first investment project  first smart CITY. WHITE CRYPTO CITY will have its own monetary unit - White coin, which will be in circulation in the city and be able to be quoted on exchanges. The first White city in world based on smart contracts and blockchain technology. Total 1.8 million sq.m. of land and 700 000 sq.m. residential and business property. Most up to date technology. Most modern WHITE CRYPTO CITY Marine yacht club with diving club and a large sea water aquarium in which marine animals are kept for study and public exhibit  Information about the distribution of certificates; Cyprus is back on a growth track and has been ranked as one of the fastest growing EU economies. The country exceeded international expectations by turning its economy around in just three years following a devastating financial crisis. But far from resting on its laurels, the island is determined to maintain a steady pace in boosting efficiency and investor confidence. Cyprus has shown remarkable resilience following the financial crisis of 2013 and has implemented tough austerity measures to restructure and diversify its economy. The country surpassed all expectations exiting recession in 2015 – a year earlier than first projected – and continuing to grow in 2016. Despite a challenging period for one of the smallest EU member states, the economic adjustment remained on track and progress has been made in all key objectives set out by the country’s international lenders, allowing Cyprus to reclaim its status as a self-determining and thriving economy.   

Trade & Investment 

From 2015, investment growth turned positive in Cyprus, driven by new ship registrations and an upturn in housing investment in 2016. More than half of Cyprus’ trade in goods is done with the European Union. After a large rise of more than 20% in 2015, exports declined from a high base by 0.9% in 2016. Cyprus main export partners for goods are Greece and the United Kingdom, while Israel has recently started to vie with other countries for third place. The main domestic export commodities are pharmaceutical products, raw and manufactured food products, and scrap products. The three leading import partners are Greece, the United Kingdom and Italy. The island mainly imports hydrocarbons, machinery, chemicals, vehicles, and iron and steel. As a small open economy that is currently dependent on energy imports, Cyprus trade balance is traditionally in deficit, while its services balance is normally in surplus. After a recession-driven divestment in 2013-14, foreign direct investment (FDI) liabilities (reflecting investment into the country) turned positive in 2015, reaching €7 billion, while net FDI (net of assets, or outward investment) was €8.5 billion. In the first three quarters of 2016, net FDI was €1.4 billion. A range of new initiatives underway are attracting more investment and there is renewed investor interest in large scale developments. Cyprus is the safest country in the world for young people out of 184 countries across the globe, according to the latest data published by the World Health Organization (WHO) it emerged on may 2017.