Fundrise Lists Property on Mars to Welcome April 1st

propertyPerhaps this is in recognition of the multiple Mars Mission crowdfunding campaigns that have circulated in the past few years. Fundrise, a real estate crowdfunding platform, has posted an offer to invest in a Mars Colony.  So if you looking for some preferred equity in an out of this world (had to) real estate investment on Mars this may be for you.  Yes, it does happen to be April 1st, so this mixed use facility will probably never ‘take off’.

Fundrise gives credit to Richard Branson and his Virgin Galactic for the investment which is tax exempt for 1000 Mars years.Fundrise Ben Miller

“We are thrilled to partner with Richard Branson’s team on this monumental announcement,” stated Ben Miller, Co-Founder and CEO of Fundrise. “Our team always strives to break into new markets and provide unique opportunities for our investors. Today we can officially say we have done this, as Fundrise is the first real estate platform to debut an out of this world offering.”

No word on what Branson thinks about this gig but then perhaps he is too busy building his rocketship to provide insight.

According to Fundrise, the Mars colony offering size is $916,180,339,887, and the investment is open to any terrestrial investor for a minimum of $1,000 (Bitcoin not accepted).

Sir Richard Branson Funded with IndiegogoVirgin Galactic acquired the land in December 2012, and has fully entitled the property through the intergalactic tribunal system. The sponsor hopes to close on a senior construction loan in December 2016 and construction is projected to take about three Mars years from groundbreaking. Lack of competition in the space is expected to boost returns.

Now if you believe this one, Indiegogo has some HotSauce for you… or perhaps you can invest  in Zack “Danger” Brown’s potato salad factor.  We promise reality will return tomorrow.


Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!



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