Thaler One
Thaler One
Token: TLR


Digital Securities Backed By Real Estate

ICO dates
Start date: 2019-03-10
End date:

Registrated in: Estonia

Platform: Ethereum
Type: ERC20

PREMIUM ICO

Thaler One categories
Platform Real estate
Thaler One token sale
KYC passing required No | Whitelist No | Restriction for countries No
Soft cap 50000000 USD
Hard cap 100000000 USD
Tokens for sale 88,000,000
Token distribution in ICO
88%
88%
Price 1 TLR = 1 USD
Acceppting BTC
Bonus in ICO
Pre - sale 30%
Thaler One news, social
Thaler One search trends in Google
Random whitepaper excerpts

Table of Contents
1.
EXECUTIVE SUMMARY
05
a. Introduction
0
5
b. Real Estate
06
c. Thaler.One Platform
07
d. How we work and what we offer
08
e. Application of blockchain infrastructure in Thaler.One platform
10
f. Thaler.One Investment Strategy
11
2.
INVESTMENT RATIONALE
14
a. Real Estate Industry
15
b. Current market snapshot
17
c. Disruptive global trends that affect real estate
21
3.
BLOCKCHAIN TECHNOLOGY AND ITS APPLICATIONS
IN REAL ESTATE
25
How does this apply to real estate?
26
4.
THALER.ONE PLATFORM
28
Thaler.One – blockchain platform offering tokens fully secured
by tangible real estate assets
28
a. How Thaler.One works?
28
b. Thaler.One benefits to the Society
35
c. Investment thesis
36
d. Investment Objectives
36
e. Investment Criteria
36 ...

6.
TOKEN ECONOMICS
53
a. Token Economics and Token Offering
53
b. Sources of revenues for Thaler token holders
54
c. Sources of revenue for Thaler.Block tokens holders
55
d. Allocation of proceeds for Thaler token holders
56
e. Allocation of proceeds for Thaler.Block token holders
56
f. Thaler Token Offerings
57
g. Thaler Secondary Coin Offerings
57
h. Token split
59
i. Thaler.One’s other expenses
60
j. Opportunities for Thaler token revaluation on the open market
61
7.
LEGAL
63
a. Principles of Thaler.One Project Structuring
63
b. Project Token
66
c. Legal structure description
67
d. The manager’s license as an additional protection for investors
73
e. Management of token sale proceeds: maintenance
of balance of interests
74
f. Transparency of operational activity
75
g. Matters related to US investors

Disclaimer
NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE
unknown risks, uncertainties and other factors, which may
UNITED STATES OF AMERICA, PEOPLE’S REPUBLIC OF CHI-
materially influence estimates, performance, achievements or
NA, SINGAPORE, SOUTH KOREA, CANADA OR ANY OTHER
actual results implied or expressed in such forward-looking as-
JURISDICTION WHERE TO DO SO WOULD BE PROHIBITED BY
sessments or information. Although we believe we have a rea-
APPLICABLE LAW.
sonable basis for making these statements, you must not place
undue reliance on such forward-looking assessments.
Please read this document carefully. If you do not agree with
this document, you shall not participate in token sale, transfer Your ability to participate in the token sale or the Project is in no
of funds and/or request any tokens.
way guaranteed and may be limited for many reasons, includ-
ing, but not limited to, any laws applicable to you.
This document does not and is not pur...

1. EXECUTIVE SUMMARY
1.
EXECUTIVE SUMMARY
a. Introduction
The importance of real estate in our life is difficult to overestimate: our home, our
employer’s office and our local shopping mall all compete for our hard-earned cash,
directly or indirectly. We rent or pay a mortgage on the home we live in. A part of our
employer’s revenue is paid to the office building’s landlord. A significant percentage
of the prices we pay for clothing or groceries goes to the owners of the shopping
mall or buildings where our favorite brand shops are located.
The real estate industry is the largest in the world, consisting of US$200 trillion in to-
tal value. The international property market attracts around US$750 billion in invest-
ments annually with an expected increase to US$1 trillion by 2020. The scope of real
estate opportunities is so vast – it offers practically limitless growth opportunity.
The real estate industry is highly capital-intensive and less liquid than the stock
mar...

1. EXECUTIVE SUMMARY
The Thaler.One platform focuses on transparency and legal property ownership,
where strong returns are achieved from rental income, profits from sale and partici
-
pation in construction projects and additional revenue from services offered on the
platform
1
.
We envision Thaler tokens a global currency for the 21st century, worthy of its
time-honored name, becoming an accepted international means of payment for all
sorts of goods and services beyond the boundaries of real estate. We invite you to
join us in our project to introduce the Thaler as a new world cryptocurrency support-
ed by real estate.
b. Real Estate
As the single largest asset class in the world, the real estate industry plays a key role
in the global economy. Residential real estate accounts for 75% of the real estate
market, with the remainder consisting of commercial and agricultural land
2
. Over
US$7 trillion of real estate is being professionally managed, do...

1. EXECUTIVE SUMMARY
15%
10%
5%
0%
–5%
–10%
–15%
1981 1986 1991 1997 2002 2007 2012 2017
Stocks
Gold
Real Estate
T–bills
Source: Bloomberg
The real estate market is diversified providing various levels of returns depending
on the investor’s risk profile. Investment strategies are scattered from standing
properties which bear close to zero risk and provide minimal yields to ‘greenfield’
projects bearing higher risks and yielding double-digit returns. There are two basic
ways to make profits in the real estate industry: investing directly into specific
properties or buying into collective investment vehicles managed by third-party
operators. The latter are intended for smaller individual investors who cannot
directly invest in real estate and pay fees for management and as a result receive
significantly lesser profits.
The blockchain technology available today, through crowdfunding, gives an
opportunity ...

1. EXECUTIVE SUMMARY
Thaler.One is a new generation real estate investment vehicle which includes a
marketplace for investing in individual real estate assets, creating an ecosystem
for investors and professional market players (real estate owners and developers)
in search for capital. Effectively, investors into the Thaler.One platform (holders of
Thaler tokens) have an opportunity to receive strong levels of returns coming from
rental payments and assets’ values appreciation in the fund structure as well as
from additional returns from hosting the marketplace.
Thaler.One was founded by real estate and finance professionals with significant
hands-on experience, excellent education and an impeccable reputation. We are the
graduates of top business schools, MBAs, CFAs, CPAs and CMAs. Each member of
the team possesses from 10 to 25 years of experience in their respective field and
the team’s total amount of raised capital exceeds US$10 billion.
d. How we work and what we offer
Thale...

1. EXECUTIVE SUMMARY
Stage 3 – Crowdsale of Thaler tokens and establishing a Thaler.One marketplace
Approximately 3 months after Stage 2 (Presale), Crowdsale of Thaler tokens will
take place. At this stage, the initial acquisitions will be made and investors will be
able to evaluate the quality of assets and their performance. With funds raised
during the token sale more real estate assets would be acquired and Thaler.One
would truly become a real estate investment vehicle with a diversified portfolio of
assets.
Within 6 months after the Stage 2 (Presale), Thaler.One will issue Thaler.Block
tokens representing rights over specific tangible properties in Thaler.One aimed
at individual investors. This process is called ‘tokenization’ of assets. At the same
time, we will launch an internal exchange where tokens can be bought and sold,
which would facilitate their liquidity.
Thaler.One will also create a marketplace where real estate investors and developers
can raise capital or sel...

Thaler One Roadmap

1
June-July 2017
Concept development of Thaler.One
2
August 2017
Strategy development for collective investment schemes
3
October 2017
Testing the concept with industry professional on Expo Real
in Munich.
4
December 2017
Launching Thaler.One site
5
January 2018
Registration of legal entities for asset acquisition.
6
February 2018
Development of Website.
7
September - November 2018
Presale of Thaler tokens.
8
October 2018
Launching Beta version of Thaler.One IT platform.
9
November 2018
Structuring first real estate deals.
10
December 2018
Crowdsale of Thaler tokens.
11
February 2019
Launch of Thaler.Exchange and issuance of first Thaler.Block tokens.
12
March 2019
‘Tokenization’ of first third-party assets or projects.
Will Andrich
Will Andrich Co-founder, CEO

Stan Joukov
Stan Joukov Head of Real Estate

Georgina Whittle
Georgina Whittle Head of Communications

Michael Lange
Advisors Michael Lange Advisor

Mattia Rattaggi
Advisors Mattia Rattaggi Advisor

Roel Wolfert
Advisors Roel Wolfert Advisor

Charles Graham
Advisors Charles Graham Advisor

Stephen Inscoe
Advisors Stephen Inscoe Advisor

Charles Graham
Charles Graham
Advisor
Georgina Whittle
Georgina Whittle
Head of Communications
Head of Communications
Head of Communications
Igor Levshin
Igor Levshin
CTO
Mattia Rattaggi
Mattia Rattaggi
Advisor
Michael Lange
Michael Lange
Advisor
Roel Wolfert
Roel Wolfert
Advisor
Bancor, Qoin, Visa
Qoin, CEO and founder
Stan Joukov
Stan Joukov
Head of Real Estate
Head of Real Estate
Head of Real Estate
Stephen Inscoe
Stephen Inscoe
Advisor
Will Andrich
Will Andrich
Co-founder, CEO
Co-founder, CEO
Co-founder, CEO