Alt.Estate - Promoting Blockchain Technology in Real Estate by Creating Clear Economic Incentives - COINSAURUS CRYPTO

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Tuesday, April 3, 2018

Alt.Estate - Promoting Blockchain Technology in Real Estate by Creating Clear Economic Incentives




Real estate is one form of assets. The realization of real estate is not just a luxury residential property. In essence real estate is the right to own a plot of land and take advantage of whatever is in it. As one form of assets, real estate has grown in line with the emergence of various technologies and information that is happening all over the world. This time, real estate is built on a trusted blockchain technology to simplify all buying and selling transactions.

Alt estate is a financial technology company that offers new solutions for real estate realization. Protocol and Platform are important in alt estate. Alt.Estate Protocol includes technology, corporate structure and legal compliance aspects of tokenization. Protocols are positioned to be the new industry standard. Alt.Estate Platform is the market for the primary and secondary trading of token assets. This platform allows users to trade real estate in fractions with higher liquidity and lower costs.

1

Vision

The Vision of alt estate is Promoting Blockchain Technology in Real Estate by Creating a Clear Economic Incentive for Market Players. The crowdfunding business model becomes the choice of alt estate business model. With blockchain technology, everything will be transparent and secure. Allows also for users to join quickly, without intermediaries and low transaction costs. The promotion of blockchain technology to business leaders will improve lobbying for further steps in implementing blockchain recording. The protocols are for real estate tokens, and Platforms for exchanging tokenized real estate assets. Alt.Estate enables reliable, fast, and seamless transactions of tokenized real estate assets with instant transactions and low transaction fees. Any real estate owner may register his property or part of it on the Platform, and anyone can become a buyer because the entrance ticket is very low. Akt estate is the first real estate token project with an active B2B marketing strategy. While the objective of alt estate is to become a protocol token as an industry standard for property token.

In general, the benefits of alt estate are:
  • Low Entrance Ticket
    The ability to purchase 1 / 1,000 fraction properties makes it accessible to anyone. 
  • Low Transaction Fees
    Traditional costs of up to 30% of property prices are eliminated with tokenization. 
  • Global Portfolio
    Individuals and institutions can buy or sell unlimited property shards.
  • Strong Expertise
    The Alt.Estate team and advisors have over $ 4 billion worth of transaction experience 
  • Investment Portfolio
    Even a small investor can diversify his portfolio by purchasing Manhattan penthouse tokens, warehouses in Guangzhou, a shared workspace in Amsterdam
  • Security protection
    Due diligence procedures before bidding the distributed property and storage token of all the information collected provide additional protection.

There are some Some major problems and obstacles to surviving in the real estate market, among others as follows:
  1. A high threshold to enter
  2. Lack of liquidity
  3. The ownership transfer process is slow and complicated
  4. Lack of price transparency
  5. Risk of fraud
  6. High transaction costs
  7. Complications of cross-border transactions
However, alt estate is able to solve this problem.

For investors crypto will benefit from:
  1. Access to real estate investment directly without leaving the crypto universe
  2. New diversification opportunities between crypto and fiat exposure, which are particularly in demand during the decline in the pure crypto market
  3. Opportunities to purchase real estate for personal use directly with cryptocurrency without conversion fees and access to overseas markets Traditional investors
  4. Access to new asset classes that were not previously available for most populations
  5. Liquidity and higher price transparency, since tokens are given assets, are easily redeemable and property tokens can be traded on an easy-to-use platform or wherever
  6. Using jurisdiction-agnostic property tokens, enabling cross-border transactions and allowing people to purchase real estate in other areas outside their domestic jurisdiction
  7. Has a public market for any real estate property, which makes transparent market pricing and reduces information asymmetry between professionals and retail market players
  8. Register all transactions in a single public blockchain, which will eliminate accidental fraud and accident related to conflicting registration of ownership
  9. The ability to buy and sell properties easily in pieces, which will not only make the market more liquid and efficient but will also open up new opportunities for real estate owners; for example, borrowing money on the open market using only part of their real estate as collateral
  10. Opportunities to diversify their portfolios, not only between different asset classes but also in the class of real estate assets; better diversification provides a higher rate of return at the same level of risk.

SQM Token

Alt estate launches a property-specific token named SQM token. Common functions of this token are:
  • As a store of value: provide investors with exposure to the underlying property revenues (allowing investors to participate in rental income), expenses, and price changes
  • As an instrument to collect funds by the seller to provide a token on their property
  • Allows token holders or groups of token-linked holders who own 100% of SQM_ {PID} to use the underlying property at their sole discretion (for example, living there or working)
  • Voting on a property-specific decision through a special mechanism of decentralized property management.
Alt estate also has a utility token called ALT token. This token is used for some specific functions within the Platform. The main functions of the ALT token are as follows:
  1. As fuel of the Protocol and Platform; all costs (tokenization, transactions, management, etc.) are paid exclusively with ALT tokens
  2. ALT token is cryptocurrency, where:
    • SQM Tokens on the Alt.Estate Platform can be purchased with an ALT token
    • ALT token holders can earn additional income for work performed in their assigned roles on paid Platforms with an ALT token
  3. ALT tokens provide voting rights to decisions through special mechanisms of decentralization of Platform governance.

 

ICO Details

Token ALT
PreICO Price 1 ALT = 0.00001 ETH
Price 1 ALT = 0.00001 ETH
Bonus Available
Platform Ethereum
Accepting ETH
Minimum investment 0.1 ETH
Soft cap 1,000,000 USD
Hard cap 30,000,000 USD
Country British Virgin Islands
Whitelist/KYC KYC & Whitelist
Restricted areas USA, China, Singapore

 

Roadmap

roadmap-en

Team & Advisors

Team
  • Vladimir Shmidt – CEO
  • Alexander Popov – CFO
  • Anton Lysak – CTO
  • Ivan Butenko – BizDev Executive
  • Liana Tagirova – CMO
  • Ivan Sidorov – Development Team Lead
  • Aler Denisov – Blockchain Engineer
  • Aleksei Ulianov – Head of Legal
  • Saruul Nadbitova – BizDev Manager
  • Dovudjon Mirzoalimov – Head of Customer Development
  • Vitaly Losev – Business Analyst
Advisors
  • Matthew Falk – Senior Software Engineer at FeatureX
  • Evan Huddleson – Early Ether Investor and Sales Professional
  • Brian Meegan – Managing Member at Evergent Law LLC
  • Sayan Tsyrenov – Director at PwC, Real Estate Mergers & Acquisition Advisory
  • Denis Sokolov – Partner at Cushman & Wakefield, Head of CEE Research
  • Stas Tikhonov – Partner at Knight Frank, angel and venture capital investor
  • Alexander Shatalov – Partner at Savills, CEO

Quik Links

Website
Whitepaper
Ann Thread
Bounty
Medium
Facebook
Twitter
Telegram




writen by : Ludmilla
bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1064448;sa=summary
myetherwallet adress : 0x29ac4A201C36b7922430F0A37976C1bA1c617339

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