Builderium Announces ICO Launch for Their Blockchain Based Construction Industry Networking Platform

Builderium’s mission is to make it easy for clients to find experienced contractors on a reverse Dutch auction platform which also provides a streamlined and tokenized bidding platform for construction professionals.

ZUG, SWITZERLAND - 07-13-2018 (Press Release Jet) — The team at Builderium is proud to announce that their ICO (Initial Coin Offering) is now open to the public. The ambitious young team is already steaming ahead with its roadmap and seeking to expand its platform – and global presence – by raising funds for an innovative new platform in the lucrative world of construction and development, an industry that spends $773bn annually in the United States alone.

Builderium has already demonstrated its commitment to delivering nothing less than a high-quality platform by basing itself in Switzerland (registration number: CHE-131.784.298), a country well-known for its rigorous regulations concerning cryptocurrency and ICOs. Based in Zug, the country’s own ‘crypto valley,’ it is already well-placed at the center of Europe to begin its planned expansion across Europe and the rest of the world.

“Construction is a global enterprise, and Builderium aims to solve many of the headaches that can arise when contractors and clients alike seek to connect for a new project,” said Lina Kavaliauskaite, Builderium’s Head of Marketing.

“Essentially, this is a platform where clients can submit project details and receive bids from professional contractors. On the other side, our handpicked contractors and construction workers can browse and apply with their rates simply by using the BUILD token to bid.”

Builderium leverages a reverse Dutch auction style of bidding in which clients place a minimum order – which in turn becomes the maximum that can be bid on the project. By manually scouting the best talent around the world, clients are also guaranteed to work with dedicated professionals, avoiding the typical delays and budget increases often associated with construction.

The Builderium ICO presale, which begins on July 17, 2018, will offer a 35m BUILD tokens out of a total of 175m, which will total a hardcap value of $17.5m. The presale and public ICO will use Ethereum (ETH) to raise funds.

The public ICO will open one week after the presale closes, with 60% of the total available to the public. The Builderium team has also confirmed that KYC (Know Your Customer) is mandatory to take part – and that 2% of BUILD tokens have been reserved for the bounty. For more details regarding fund allocation, please see the project’s whitepaper.

Funds raised from each phase of the ICO will be allocated to developing the technology behind the platform, advertising and marketing of the platform, expansion to further territories in Europe and North America, and the company’s legal department.

The Builderium team has united with an experienced team of 51 programmers from AIS Novations, a leading European software developer, to create the Builderium platform, set to be hosted at upon completion. The site is expected to be ready by September 2018, according to the team’s roadmap.

For more information about Builderium and how the company is revolutionizing the construction and home renovation industry with its groundbreaking new platform, please visit or watch this video. For all general and media inquiries regarding the blockchain innovation, cutting-edge technology, and future vision behind Builderium, please contact Lina Kavaliauskaite at [email protected].

About Builderium

Builderium is a new cryptocurrency platform (BUILD) which connects professionals, contractors, and companies in the construction industry with clients using the blockchain. The platform emphasizes collaboration and quality, on-time, in-budget services in construction and home renovation. For more information about Builderium and its upcoming ICO, please visit the company’s website.

Media Contacts:

Company Name: Builderium
Full Name: Lina Kavaliauskaite
Email Address: Send Email

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About the Author: Sarah Tulowitzki

Sarah Tulowitzki is a financial reporter, focusing on technology, national security, and policing. Before joining Canadian Business Tribune she worked as a staff writer at Fast Company and spent two years as a foreign correspondent in Turkey. Her work has been published in Al Jazeera America, The Nation, Vice News, Motherboard, and many other outlets.

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