Whitepaper
Whitepaper Text
Digital real estate shares are digital assets that represent ownership interests in a specific property. These shares are usually issued by a real estate company or platform and can be purchased by investors.
These digital assets are a digitized version of traditional real estate investments. They give holders rights to ownership of a specific property. Investors can receive a share of the net rental income depending on the number of shares they own. They can also earn a share of the potential proceeds from the sale of that property.
These digital real estate shares can be more liquid than traditional real estate investments because they can be traded on electronic platforms. This allows investors to more easily trade in the real estate market and diversify their portfolios.
To open your TerraMirum account, you can easily start by visiting the TerraMirum website. In order to buy digital real estate shares, we need to fully verify your account. You can follow the steps below for this verification process:
Go to the account creation page on our website. When creating an account, provide a valid identity document and self-identifying information. Provide us with the necessary information to indicate your payment account. Provide information about your previous experience and knowledge of financial products. Link a security app to your account for the safety of your account. Once your account is verified, all TerraMirum functionalities will be available to you. Now you can invest in digital real estate shares and trade them with other investors on TerraMirum at any time. It's as simple as that!
Opening a TerraMirum account is completely free. There is no initial fee or account opening cost. In this way, users who want to join TerraMirum and invest in digital real estate stocks can complete the account opening process free of charge. TerraMirum does not charge any fees for account opening to make it easier for users to join the digital investment world and to increase financial access.
You can use three different methods to buy digital real estate shares:
New Purchase (Primary Market): You can buy real estate shares that are new and currently available for sale on the TerraMirum platform. These shares are available in the so-called primary market, which is offered at the beginning of the project.
Selecting Secondary Market Sale Offers (Secondary Market): You can view and purchase real estate shares from the secondary market section of TerraMirum. The secondary market allows investors who previously owned real estate to sell or buy their shares to other investors.
Creating a New Offer (Secondary Market): On the secondary market, it is also possible to offer your own real estate stake for sale or create a new offer for sale at a specific price. This way you can trade with other investors.
Through these methods, you can buy digital real estate shares available on the TerraMirum platform and diversify your portfolio.
The return on your investments is realized through payments to your bank account via digital real estate shares codes. The income you earn through the TerraMirum platform is transferred to your bank account in amounts determined based on the performance of your digital real estate shares. These payments can occur through profit-sharing, which is usually done periodically, or if your investment appreciates in value.
Payments are arranged according to the payment schedule specified on the TerraMirum platform and are transferred to users' specified bank accounts. This process ensures that traders' income from their investments is managed transparently. TerraMirum offers its users the opportunity to easily track and manage their financial transactions with a secure and transparent payment infrastructure.
Digital real estate shares do not have a tangible asset such as a land registry, as is the case with traditional real estate investments. However, the digital real estate shares provided by CREDIPTO are represented to investors in a way that they own a specific property and are entitled to the returns of that property.
While not a physical document such as a title deed, the digital real estate shares provided by CREDIPTO can be secured by a system built on blockchain technology. The blockchain has the ability to record transaction records and asset ownership in a transparent and secure way.
Your asset ownership in digital real estate shares is represented by a digital record provided by the CREDIPTO platform. This record shows the ownership and rights of the investor. However, it is not based on a document similar to a title deed like physical ownership.
Therefore, the assurance provided on the ownership of digital real estate shares works in a different way than traditional real estate investments. In the event of a property sale, transactions take place in line with the blockchain records on the CREDIPTO platform and the rights of investors are protected.
Selling your digital real estate shares on TerraMirum is quite simple. Here is a step-by-step guide:
Log In: Log in to the TerraMirum platform. Once you have access to your account, go to your account dashboard.
Market Review: First, review the offers for the sale of digital real estate shares available in the market section. If you find an offer that suits you, you can accept it and put your shares up for sale.
Create a New Offer for Sale: If you are not satisfied with an offer available on the market, you can create your own offer. Select "Create New Offer" or a similar option and specify the price, amount and other details you want.
Approval and Action: Once your offer is approved, the relevant transaction will take place on the Thorne Bilişim platform. Other investors can review this offer and if they want to buy, the transaction will be realized.
Payment and Transfer: Once the sale transaction is completed, your payment will be made by TerraMirum through the specified methods. The amount you earn will be transferred to your specified bank account or other payment methods.
You can use the features offered by the TerraMirum platform to manage your investments and sales transactions securely and sell your digital real estate shares at any time.
Privacy Policy
for the purchase of Mirum tokens via https://launchpad.terramirum.com/
1. Scope
The protection of personal data is important to us, Credipto GmbH & Co. KG, Amorbacher Str. 72, 65428 Rüsselsheim (hereinafter "Credipto" or "we"). We only process your personal data in accordance with the statutory provisions, in particular with Regulation (EU) 2016/679 (General Data Protection Regulation, hereinafter "GDPR") and the Federal Data Protection Act (hereinafter "BDSG").
This data protection declaration informs you in accordance with Art. 13 and 14 GDPR about the processing of personal data and your rights as a data subject when purchasing Mirum tokens.
2. Person Responsible and Data Protection Officer
We, Credipto GmbH & Co. KG, Amorbacher Str. 72, 65428 Rüsselsheim, are responsible for the data processing described in this data protection declaration. You can reach us by email at [email protected]
3. Purchase of Mirum Tokens
If you purchase Mirum tokens on our platform, we collect and process the data you require to process the sale, in particular your name, address, ID number, payment method, account details and other information to process the contract concluded with you. If we communicate with you by email or telephone in the course of your purchase of Mirum tokens, we also process and store this communication. The legal basis for this data processing is the fulfillment of the contract concluded with you, Art. 6 Para. 1 Letter b GDPR. In the case of processing identification data such as your ID number, the data processing is carried out to verify your identity as part of money laundering prevention. The legal basis for this data processing is Art. 6 Para. 1 Clause 1 Letter c GDPR.
If you contact our customer service, we process and store the messages exchanged with you for this purpose and, if applicable, notes made by our employees regarding the telephone calls made with you. The legal basis for this data processing is the fulfillment of the contract concluded with you, Art. 6 Para. 1 Letter b GDPR or - in the case of goodwill services - our legitimate interest in processing customer requests, Art. 6 Para. 1 Letter f GDPR.
4. Your Data Protection Rights
As a data subject of our company's data processing, you are entitled to data protection rights under the respective legal requirements.
According to Art. 7 Para. 3 Sentence 1 GDPR, you have the right to revoke any consent you have given for the processing of your data at any time with effect for the future without giving reasons.
According to Art. 15 Para. 1 GDPR, you have the right to receive information about the personal data we have stored about you upon request.
In addition, you have the right to rectification (Art. 16 GDPR), erasure (Art. 17 GDPR) and restriction of processing (Art. 18 GDPR) in relation to your personal data.
For data processing based on our legitimate interests (Art. 6 Para. 1 lit. f GDPR), you have the right to object under Art. 21 GDPR. If you object to data processing, this will not take place in the future; unless we can prove compelling legitimate reasons for further processing that outweigh your interest in the objection.
If you yourself have provided the processed data, you have the right to data transfer under Art. 20 GDPR.
You also have the right to lodge a complaint with a competent data protection supervisory authority.
In the cases mentioned above, if you have any questions or in the event of complaints, please contact us by email at [email protected].
5. Criteria for Determining the Duration for Which Personal Data is Stored
We delete your personal data as soon as their processing is no longer necessary for the purposes explained in this data protection declaration, in the event of your objection in accordance with Art. 21 Para. 1 GDPR, there are no compelling legitimate reasons on the part of our company that prevent the deletion
or in the event of a revocation of consent, there is no other legal basis for the processing.
If you purchase Mirum tokens, this will only be the case after the regular limitation period of three years (Section 195 of the German Civil Code) has expired. Statutory retention rights and obligations (in particular those arising from the Money Laundering Act) remain unaffected by this.
6. Recipients of Your Data
Within our company, only those people who need your personal data to fulfill our legal obligations will have access to it.
We also have individual internal company processes and services carried out by carefully selected service providers who have been commissioned in compliance with data protection regulations. These are companies, in particular from the areas of IT services and money laundering checks, who process your data in accordance with our instructions on the basis of order processing agreements in accordance with Art. 28 GDPR. We only disclose your data to other third parties if we are legally obliged to do so or if there is another legal basis for doing so.
7. Data Transfers to Third Countries
We can transfer your personal data to recipients in countries outside the European Union (hereinafter "EU") and the European Economic Area. If the level of data protection there does not correspond to the level of data protection within the EU or the recipient of the data does not fall within the scope of an adequacy decision of the EU Commission, we ensure suitable guarantees within the meaning of Art. 46 GDPR. This may include the agreement of standard contractual clauses of the EU Commission and, if necessary, additional measures required to ensure an appropriate level of data protection. In individual cases, we make the transfer to third countries dependent on your consent to this data transfer in accordance with Art. 49 Para. 1 Clause 1 Letter a GDPR.
8. Automated Decision-Making
There is no automated decision-making, including profiling (Art. 22 GDPR).
9. Obligation to Provide Data and Possible Consequences of Non-Provision
In order to purchase Mirum tokens, you must provide the data specified in section 3. Without this data, we are unable to enable you to purchase Mirum tokens.
10. Changes to the Data Protection Declaration
New legal requirements, business decisions or technical developments may require changes to our data protection declaration. The data protection declaration will then be adjusted accordingly. You can always find the current version on our website.
Status: October 2024
Terms and Conditions
The owner and operator of the website is
Amorbacher Str. 72
65428 Rüsselsheim
Germany
E-Mail: [email protected]
Tel.: +49 176 92992455
Authorized Managing Director:
Hakan Tunali
VAT identification number:
Registered Office and Court of Registration:
Amtsgericht Darmstadt, HRA 87533
Note on Consumer Dispute Participation
The European Commission provides a platform for online dispute resolution (OS), which you can find here https://ec.europa.eu/consumers/odr/. We are neither obliged nor willing to participate in a dispute resolution procedure before a consumer arbitration board within the meaning of Section 2 VSBG (Consumer Dispute Resolution Act).
Liability for links
Our site may contain links to external third-party websites over whose content we have no influence. We therefore assume no liability for this external content. The respective owner of the site is always responsible for the content of the linked pages. We checked the linked pages for possible legal violations at the time of linking. Illegal content was not recognizable at the time of linking. However, permanent monitoring of the content of the linked pages is not reasonable without concrete evidence of a legal violation. If we become aware of any legal violations, we will remove such links immediately.
Whitepaper Text
Section I.
Information pursuant to Section 312d (2) BGB in conjunction with Art. 246b EGBGB for contracts concluded away from business premises and for distance contracts for financial services
1. Identity of the company:
The provider of the Mirum token is Credipto GmbH & Co. KG, Rüsselsheim am Main, registered in the commercial register of Darmstadt Local Court under HRA 87533 (“Credipto”).
2. Main business activity of the company and the supervisory authority responsible for its authorization:
[Corporate purpose of Credipto in accordance with the articles of association]
Credipto's activities do not require a license or authorization.
3. Summonable address and powers of representation of the company:
Amorbacher Str. 72, 65428 Rüsselsheim; Credipto is represented by its general partner, Credipto Beteiligungs GmbH, Rüsselsheim am Main, entered in the commercial register of Darmstadt Local Court under HRB 105960. Credipto Beteiligungs GmbH is represented by its managing director, Mr. Hakan Tunali.
4. Key features of the financial service; conclusion of contract:
By acquiring the utility token (“Mirum token”) issued by Credipto, the investor makes a financial contribution to the final development of the blockchain-based multi-asset platform TerraMirum, which is also being developed by Credipto. Once completed, this platform will offer various assets (including real estate investments, crypto assets, precious metals) and services (including the use of fitness studios, time-share offers and the like), for the use of which holders of Mirum tokens will receive discounts in individual cases and which they can pay for in individual cases with Mirum tokens. Mirum token holders also receive discounts on the fees due for using the platform. As the platform has not yet been completed, none of these services are currently available. There is no interest or participation in any profits of the platform. Mirum tokens can only be used within the Credipto ecosystem.
Credipto's public offer to purchase Mirum tokens is merely an invitation to submit an offer by the investor. The investor submits a legally binding offer to purchase Mirum tokens by submitting the corresponding online subscription form on the Credipto website (credipto.com). The purchase agreement becomes binding when Credipto accepts the investor's purchase offer by sending a corresponding purchase confirmation.
A prerequisite for Credipto's acceptance is a completed money laundering identification of the investor. The information required for this is requested when the online subscription form is completed. Credipto is entitled to request further documents from the acquirer that are required to complete the money laundering identification.
5. Total price, including taxes paid by the entrepreneur:
The total price is based on the number of Mirum Tokens purchased.
The price for a Mirum token depends on the time of purchase. Several sales rounds (first round to third round) are carried out, with the purchase price increasing from sales round to sales round. For details on the sales rounds, see section 8 below.
First Round (14.10.2024): EUR 0.0040
Second Round (02.11.2024): EUR 0.0072
Third Round (30.11.2024): EUR 0.0120
There are no other price components.
6. Additional costs incurred; taxes not paid by the entrepreneur:
There are no additional costs.
Profits from the sale of crypto assets may be subject to income tax. Investors are advised to seek their own tax advice. Any advisory costs incurred in this connection must be borne by the investor in addition to the aforementioned total price.
7. Risks:
Investing in crypto projects with financial resources is associated with risks. There is the possibility of a total loss of the investment in the event that the project fails. This may be the case, for example, if new legal regulations thwart the blockchain project or make its further development significantly more difficult or cost-intensive, or if general interest in the crypto ecosystem declines. There is no entitlement to redemption of Mirum tokens and repayment of the money paid.
Credipto does not currently intend to list Mirum tokens on a trading venue. It is therefore uncertain whether purchasers of Mirum tokens will be able to sell their tokens to third parties.
There may be further individual risks (e.g. in the case of external financing of the token purchase).
Credipto does not assess whether the token acquisition is in line with the investor's investment objectives or whether the investor can fully understand and assess the investment risks arising from the token acquisition.
Past returns are not an indicator of future returns.
8. Limitation of the offer:
The initial public offering for the purchase of Mirum tokens (“ICO”) is expected to end on December 30, 2024 (“End of Offering”).
The ICO consists of the following sale periods
First Round: 14.10.2024 - 01.11.2024
Second Round: 02.11.2024 - 29.11.2024
Third Round: 30.11.2024 - 30.12.2024
9. Payment and fulfillment:
The purchase price shall be paid after conclusion of the contract, at the investor's discretion, by payment using a legal tender or in cryptocurrencies to the account or Credipto wallet specified in the purchase confirmation. Mirum tokens are delivered once a valid purchase agreement has been concluded, the required anti-money laundering check has been completed and the purchase price has been paid.
After delivery, Mirum tokens are initially subject to a lock-up period during which investors cannot dispose of their tokens. The duration of the lock-up period depends on the time of purchase. After the lock-up period has expired, a certain number of Mirum tokens are released at monthly intervals:
Time of acquisition Time of first activation and amount of monthly activation (in basis points of the originally acquired number of tokens)
First round: 8 months after ICO expiry (2000 base points per month)
Second Round: 6 months after ICO expiry (1000 base points per month)
Third Round: 3 months after ICO expiry (1000 base points per month)
Early activation of Mirum tokens is possible against payment of a fee of 5% of the purchase price for the prematurely activated tokens.
10. Right of withdrawal:
The investor has a right of withdrawal. For further information, please refer to the withdrawal policy in Section II below.
11. Applicable law in pre-contractual relationships:
The law of the Federal Republic of Germany applies to all pre-contractual relationships.
12. Applicable law and place of jurisdiction:
The law of the Federal Republic of Germany shall apply to the contractual relationship.
The exclusive place of jurisdiction for all legal disputes is Frankfurt am Main.
13. Language of communication:
The language of communication, i.e. the language of the contractual terms and conditions and all related matters, is German. Any English versions are not binding.
14. Out-of-court complaint and redress procedure:
For disputes arising from the application of the provisions of the German Civil Code concerning distance selling contracts and financial services, there is an arbitration board at the Deutsche Bundesbank, Postfach 10 06 02, 60006 Frankfurt am Main, which can be called upon by the parties involved.
There is no general out-of-court complaint and appeal procedure.
Section II.
Cancellation policy
Section 1
Right of withdrawal
You can revoke your contractual declaration within 14 days without giving reasons by means of a clear declaration. The period begins after conclusion of the contract and after you have received the contractual provisions including the General Terms and Conditions and all the information listed below in Section 2 on a durable medium (e.g. letter, fax, e-mail). Timely dispatch of the revocation is sufficient to comply with the revocation period if the declaration is made on a durable medium. The revocation is to be sent to:
Credipto GmbH & Co. KG
Section 2
Information required for the start of the withdrawal period
The information within the meaning of Section 1 sentence 2 includes the following details:
1. The identity of the trader; the public business register in which the legal entity is registered and the associated register number or equivalent identifier must also be provided;
2. the main business activity of the entrepreneur and the supervisory authority responsible for its authorization
3. the entrepreneur's summonable address and any other address relevant to the business relationship between the entrepreneur and the consumer; in the case of legal persons, associations of persons or groups of persons, also the name of the authorized representative;
4. the essential characteristics of the financial service and information on how the contract is concluded
5. the total price of the financial service, including all related price components and all taxes paid via the trader or, if no exact price can be given, its basis of calculation, which enables the consumer to check the price;
6. any additional costs incurred and an indication of any other taxes or costs that are not paid or charged by the trader;
7. a statement that the financial service relates to financial instruments which, due to their specific characteristics or the transactions to be carried out, are subject to special risks or whose price is subject to fluctuations on the financial market over which the trader has no control, and that past returns are not an indicator of future returns;
8. a time limit on the period of validity of the information provided, for example the period of validity of time-limited offers, in particular with regard to the price;
9. details regarding payment and performance
10. the existence or non-existence of a right of withdrawal as well as the conditions, details of the exercise, in particular the name and address of the person to whom the withdrawal is to be declared, and the legal consequences of the withdrawal, including information on the amount that the consumer must pay for the service provided in the event of withdrawal, insofar as he is obliged to pay compensation (underlying provision: Section 357b of the German Civil Code);
11. the Member States of the European Union whose law the trader uses as a basis for entering into relations with the consumer before concluding the contract;
12. a contractual clause on the law applicable to the contract or on the competent court;
13. the languages in which the contractual terms and conditions and the prior information referred to in this withdrawal policy are communicated, as well as the languages in which the trader undertakes to communicate during the term of this contract with the consumer's consent;
14. whether the consumer can make use of an out-of-court complaint and redress procedure to which the trader is subject and, if so, the conditions for accessing it.
Section 3
Consequences of withdrawal
In the event of effective withdrawal, the services received by both parties must be returned. You are obliged to pay compensation for the value of the service provided up to the time of revocation if you were informed of this legal consequence before submitting your contractual declaration and have expressly agreed that the performance of the service in return can begin before the end of the revocation period. If there is an obligation to pay compensation, this may mean that you still have to fulfill the contractual payment obligations for the period up to the revocation. Your right of withdrawal expires prematurely if the contract has been completely fulfilled by both parties at your express request before you have exercised your right of withdrawal. Obligations to reimburse payments must be fulfilled within 30 days. This period begins for you when you send your declaration of revocation and for us when we receive it.
End of the withdrawal policy