Construct Koin - A $50 Million Presale

This approach is designed to build a community of committed lenders, complete a £100 million loan book, and demonstrate sustainable cash-flow generation before market price discovery.

How CTK Works: Lending, Not Hype

CTK stakers will earn a share of interest from UK residential bridging loans, secured by first-charge title deeds. The protocol combines deep-learning underwriting with milestone-based smart contracts to approve loans within 72 hours, releasing funds only when construction progress is verified.

Rather than relying on token inflation or trading volume, CTK yield is backed by actual loan repayments. Early and large contributors can access bonus tokens, but total token emissions remain capped.

Presale Mechanics

• Ticker / Chain: CTK · ERC-20 (Ethereum)

• Total Supply / Presale: 1 billion total · 400 million in presale

• Price Path: $0.01 to $0.50, linear across 50 phases

• Phase 1 Tokens: Approximately 75 million CTK at $0.01

• Accepted Payments: ETH, USDT, USDC, card, and bank transfers

• KYC Requirements: Light verification under €1,000; full ID required over €1,000

Tokens will be distributed instantly but remain non-transferable until the Token Generation Event (TGE), targeted for Q4 2025.

What Sets This Apart

• No exchange listing until Q4 2025, reducing early speculative volatility

• Yield comes from real interest payments, not tokenomics or fees

• Loans approved and drawn down only on milestone verification

• Deflationary mechanics: 80% of protocol revenue used to buy back CTK, with 50% burned and 50% allocated to staking rewards

Yield Structure

• Target Staking Yield: 8–12% net APR

• Emissions Decay: 30 million CTK in Year 1, tapering to 7.5 million in Year 5

• Buyback Mechanism: Quarterly, using protocol revenue in USDC

• Deflationary Inflection: Expected from Year 3, when buybacks outpace emissions

Legal and Regulatory Overview

• CTK classified as a utility token under current FCA guidance — no equity, dividend, or operational voting rights

• US residents must be accredited investors under Reg S, with a 12-month lock

• Loans are issued via UK-registered SPVs, secured under the Law of Property Act 1925

Institutional Considerations

• On-chain transparency with public audit trails via Etherscan and Dune

• Real-world metrics tracked live: TVL, buybacks, and loan performance

• Tailored to fit within private credit and alternative yield strategies, without off-chain opacity

Risk Management

• Market: Maximum 70% loan-to-value (LTV), with a 30% reserve buffer

• Regulatory: Ongoing compliance review with FCA legal counsel

• Technical: Triple smart contract audit plus Nexus Mutual insurance

• Liquidity: OTC options available; centralised exchange listing planned after presale

Final Thoughts

Construct Koin is positioning itself at the intersection of decentralised finance and real-world lending. If the protocol delivers on its promise — converting presale capital into a £100 million loan book and maintaining a disciplined buyback programme — early-phase investors could benefit from both steady yield and long-term appreciation.

The first presale phase opens on 15 May. While exchange listing won’t come until later in 2025, yield-driven participants will find the data they need to assess performance on-chain from day one.