FAQ: All Your Questions Answered

The Tinaga Resort token sale is ongoing. As the pre-sale deadline closes in, we would like to encourage old and new investors to keep buying TIRC. If you have any questions about the project or token, you will find the answers here.

THE PROJECT

We want to build a 5-star luxury eco-resort on our beach property. Our goal is to raise $12.6 million through the security token offering.

About 2 years. We estimate that the resort will begin operations in December 2024. View the roadmap for more details.

THE COMPANY

We are located in Angeles City, Philippines.

The current land valuation of our tokenized property is $8.4 million.

You can request the valuation report through info@tinagaresorts.com. All other documents, including the title deed of the tokenized property, are available on the website. You can also find our legal documents on IPFS.

THE TOKEN

TINAGAISLANDRESORT. We have also reserved TIRC.

Our TIRC token represents a beachfront property on Tinaga Island in the Philippines. For background information about how we acquired this piece of land, listen to this podcast or read the podcast highlights.

100 million

On crypto exchanges. You can trade your tokens as soon as we list the token on the first exchange, CryptoSX.

Our first exchange listing will take place in April 2021.

We will drive value in the token by revealing partners (architects, interior designers, etc.), adding digital exchanges to trade the token, revealing the ‘green paper’, the 5-star hotel management company, and a host of other announcements. We also expect the token value to rise as the property value continues to increase.

You will own equity in our beach property. Moreover, you will enjoy income from hotel operations and the sale of villas. Your investment will also grow as the property value appreciates.

Ravencoin blockchain. Click here to view us on the blockchain.

THE TOKEN SALE

Go to the homepage of our website and click “Buy Now.” Next, register, verify your identity, and then buy TIRC tokens once your documents are approved. Read this step-by-step guide for further details.

BTC, USD, and ETH.

If you are an institutional investor, you can make a wire transfer to our US corporate bank account. For bank details, please contact Daniel via WhatsApp at +1 702 827 8822 or email daniel@tinagaresorts.com

We accept a passport, driver’s license, or identity card.

Yes. We accept purchases from both corporate entities and individual investors.

You will need a Ravencoin wallet to store TIRC. You can download different versions from the Ravencoin website.

No. You will need to move your BTC or ETH to an external wallet in order to purchase TIRC.

You will receive the TIRC tokens two weeks after purchase.

Yes. However, they should be accredited. An accredited investor should have a net worth of at least $1,000,000, excluding the value of one’s primary residence. Alternatively, an accredited investor can have an income of at least $200,000 each year for the last two years (or $300,000 combined income if married) and expect to make the same amount this year.

The public sale will begin as soon as the pre-sale is sold out or on March 1, 2021.

The minimum amount that you can use to buy TIRC tokens is $500.

During the pre-sale, 1 TIRC will go for $0.1. This is a 50% discount. When the public sale begins, 1 TIRC will go for $0.2.

We have allocated $1 million in tokens for the pre-sale and 43 million tokens for the public sale.

No. We encourage our investors to use the dollar-cost average technique when using BTC or ETH to buy our token to protect themselves from volatility.

PROJECT UPDATE

Since the project kicked off on 16 November 2020, we have achieved several milestones. They include:

  1. Token distribution to the investors that have bought TIRC.
  2. We’ve successfully completed the token sale.
  3. We published the first draft of our Bamboo Paper. The paper provides a detailed plan for our project.
  4. We have hired a registered architect from the Philippines who has already created the first itineration of the Master Plan for the resort and villas.
  5. We have announced an offer for the first five token holders to purchase 100,000 or 500,000 tokens.
  6. We have remained on track with our roadmap.
  7. Our community has continued to grow.

In the coming months, we will be announcing more milestone achievements. Follow us on Twitter and join our Telegram group to stay up-to-date.

Blockchain project with an upcoming Security Token Offering. For more info, visit http://tinagaislandresort.com #blockchain #tokenization #cryptocurrencies