The TechFort, with the aide of an internationally recognised group of partners, will have a focus on sustainability, education, training and impact investments.
The hub will also create employment opportunities for a pool of local and international talent while fostering strong relationships with local, and international educational providers. The Techfort presents an exciting and compelling proposition to regenerate this incredible site, serving as a catalyst to attract the next-generation businesses that will create lasting positive change while also delivering substantial returns. These will include but are not limited to an improved and lasting effect on local gross domestic economic activity, job creation, apprenticeships, private sector, inward investment, increased housing stock, and a highly skilled workforce nurtured within a world-class technology and entrepreneurship community.
As part of an extended offering, in this incredible grade II listed building, we will be creating the most unique 'away day/lock down location' for corporates and startups to maximise efficiency outside of the office. This space will also provide the chance to unwind, enjoy the beautiful views and relax in the spa, as part of a balanced lifestyle to get away from the hustle of everyday life.
Techfort has been immersed in researching and developing a technology platform where ordinary members of the public can participate in the sale of tokenised real estate. The platform will enable efficient, affordable and expedient fractional property ownership and investment opportunities in land and real estate assets. The innovative blockchain technologic driven structure will serve as a model for establishing new and similar sites throughout the UK and Europe in the future.
The technological development is in the use of the blockchain and non-fungible tokens (NFTs) to establish a fractional ownership structure in tokenised real estate within an SPV that enables owners to purchase property individually or collectively. Additionally, the technology streamlines the lengthy and costly process of obtaining such asset classes.
The inventive and technology platform allows for a fractional ownership structure in which a parcel of land or property development will be fractionalised and sold to as many investors in return for requisite capital to develop project and generate a return.
Techfort with be working in partnership with Dover Citadel, as a test case to raise investment to develop the site into an innovation hub. The fractional ownership capital raise will be accomplished by an unprecedented non-fungible token (NFT) auction of 300 evenly divided land plots that will be sold to investors or &founding members& in exchange for the required capital. Holders of the NFTs will receive debentures through a special purpose investment vehicle (SPV) established by the Dover Citadel. The SPV will receive a portion of profits generated through site activities, redistributing the income to founding members as a return on their investment, in addition to founders benefiting from any uplift in the value of the site.
The TechFort will be a beacon to the UK, where the next wave of visionaries and entrepreneurs will be born.
– TechFort Group