Traditional Private Equity(PE) firms has stagnated over the years on how they operate. Governed by high barrier of entry as subscription per share are capped from 50,000 USD with are charged with a high 2-20 (2% management fee and 20% profit sharing) fee. They struggle in raising/completing their fundraising due to traditional marketing measures like cold calling, conducting roadshows, securing institutional funds, and limited by their geographic locations.
Real estate investments are considered as an illiquid asset and are controlled and monopolized by large organizations/PE firm which possesses the largest war chest. Furthermore, trust in these organizations are at an all time low as investors do not have any way to verify the authenticity of the income and data generated by these organization.
The team at SUMOTEX thinks that it’s time for a change, by building SUMOTEX token upon the foundations and fundamental of traditional private equity firms. SUMOTEX is the first ever blockchain powered Real Estate PE firm focusing on generating stable dividends from income collected in the physical world coupled with the integration of IoTeX’s MachineFi principles to return values back to users/holders, promoting a community-owned machine network.
Problems we aim to solve:
The high barrier of entry to traditional Private Equity Setup.
The opacity of an investments (Ownership, green energy data and presence)
Decentralisation of Real Estate Ownership
Dividend based NFT
Our exclusive NFT acts as a ticket to earn additional dividend + profit sharing. Holders now have the benefit of earning dividend by just owning one(1) SumoTeX NFT.
Special Edition NFT
The rarer the NFT minted, the higher the dividend/profit distribution.
All funds launched by SUMOTEX
Stable coin (USDT/USDC) & Sumo coin
1,000 to 5,000 (Depending on fund’s objective)
-Uniquely designed for that specific fund
Fixed 7% Per Annum
Entire lifetime of the fund
Only applicable for specific fund
Stable coin (USDT/USDC) & Sumo coin
1 billion coin
Holders are automatically entitled to 1% dividend from all funds
Trading/ Acquiring Fund NFTs
Allocation of Funds from NFT sale
MachineFi Integration, marketing and maintenance and value enchancement of asset
Providence of Liquidity
Sumo Coin (airdrop/rewards/dividend)
SUMOTEX incorporates a diverse set of economics factors and metrics into our investment decision, thus our team is equipped to manage market extremes:
We prioritize in investing in high quality investments at discounts to replacement cost for our private equity businesses and taking it to another level through our value adding initiatives.
Reduce market exposure during periods of instability caused by financial, economic and geopolitical factors by adjusting portfolio holdings to ensure high capital appreciation in the long term.
Acquiring high quality assets at discounts to replacement cost, we address the asset through our value-added initiatives to create jobs and enhancing the value of property. Ultimately, exit at profits after objectives has been achieved and contributing positively to the world economy.
Design and tailored a unique structure finance to investee/companies specific needs while ensuring that SUMOTEX’s investment, rights and returns are protected and secured while maximizing profits.
Revolutionizing the Traditional PE industry
Traditional PE Firms
Barrier of entry
50,000 USD per subscription
150 USD - 200USD per subscription (The price of NFT is subjected to iotex token price fluctuations against usd)
Lock in period
6 months (Investment Period)
Ramping up period
Investment Manager owns the investment
Everyone have a share in every investment
No innovation for the past decade
Adoption of IOTT, proof of green energy, implementation of MachineFi into real estate portfolios
Controlled and manipulated by Big firms: KKR, Blackstone, Blackrock etc.
Promotes Transparency, adoption of blockchain technology will prevent data manipulation
Real estate investment fund (MachineFi Integration)
Virtual estate investment fund
MachineFi investment fund
Lending fund (Real Estate Lending)
Smart City DAO development fund
Venture Capital Fund
Following the proof of anything principle launched by MachineFi. The integration of IoTeX Machines will deliver proof of real-world activities to the blockchain.
Real Estate sector
Electrical appliances (i.e. Smart Fridge, Washing machine, Smart TV and etc)
SUMOTEX will focus on 2 main proof of anything with IoTeX Machines:
Proof of Presence:
Real time GPS Location of acquired real estate like Pebble Tracker
Verifying and validating ownership of assets through NFT/blockchain
Verifying income documents by inserting it into the smart contract.
2. Proof of Green Energy:
One of the challenges with real estate is the tracking of energy consumption, building owners couldn’t verify the authenticity of the data
Install smart meter/IoTeX tracker into electrical meter to track consumption paired with climate data collected from pebble tracker for analysis.
Our Ultimate Goal
Smart City Dao Development (SCD) funds
Sumotex will launch the first ever Smart City Dao on IoTeX chain
SCD funds will be raised through NFT sale for land acquisition and the development of Smart City. Furthermore, the entired city will be integrated with MachineFi, installing trackers, install all essential locations.
1. Commercial blocks (Theme hotels, office and shops)