Real Estate ICOs
Real Estate is a huge market with billions dollars of transaction each day. It is a slow moving entity and however it sells like hotcakes during the economy booms. It is one of the slowest market in term of grow but its sustainability is great. It seems that it has come to catch up with the current trend of crowdfuding through ICOs and its gaining momentum but how long ? Well, only time will tell, if you ask me only a few will succed due to the laws and policy in property owning is different parts of the world is different and the insurance is a big headache. Even so, this will not stop the cryptoworld to creep into the real estate world, here is a list of some of the ICOs for real estate segment market.
ATLANT is building the next generation global real-estate platform based on blockchain technology, which provides two main features to address known problems in the field of today’s global real estate:
(1)Tokenized Ownership- Will simplify every type of operation with real estate, including property investments and ownership transfers, either partial or complete. Real estate tokens representing a share in property ownership will allow for a liquid, tradable real estate market with transparency and price discovery.
(2) Peer-to-Peer Rentals -Will make it possible to significantly reduce fees taken from both parties (tenant and lessor) and minimize possibility of fake reviews and forged ratings, which are the main problems of existing centralized rental services such as Airbnb and Booking. Whitepaper
Introducing SmartRE, the first real estate tokenization platform using the Ethereum blockchain to help both homeowners and investors. Homeowners have a tremendous amount of money locked in the equity their homes. Why not cash it out without additional debt and not worry about interest rate changes? Investors, especially globally, have an insatiable appetite for US residential properties, with the top five countries' citizens buying over USD 58 billion in 2016; the global total was over USD 100 billion. SmartRE believe in equality. No matter where you are in the world, you should be able to invest in the largest and safest single market real estate industry - the United States. Each year, billions pour into the country via companies and wealthy individuals in all areas of the real estate sector. Why not the average global citizen? Why not put in a dollar in one property and another in a second property? Imagine holding portions of properties in areas you want, not where a fund manager decides, and have the peace of mind of a customized insurance policy from Lloyd's of London for extra protection. No middleman, just you deciding where. SmartRE makes it happen. Whitepaper
Some insight by third party Insights .
REAL (Real Estate Asset Ledger) is a new Ethereum Smart-Contracts governed ecosystem that applies Blockchain technologies to the enormous Real Estate investment industry, giving greater access to global investment in Real Estate, lowering barriers to entry, and increasing market liquidity. It will offer an effective method of investing and securing the value of the existing 50-100 Billion USD equivalent in cryptocurrency into the less volatile and growing Real Estate market by generating rental income and value appreciation." Whitepaper
The project Estate Coin is an innovation in the field of construction of residential real estate. A key feature of the project is the symbiosis of information technologies and technologies for the construction of residential buildings. In accordance with this, we use the technology of heat recovery, allocated during the crypto currency mining, in the process of heating the apartment house. Whitepaper
Propy has been building a decentralized, global property store. This online store will rely on Propy Registry, built on ethereum blockchain to track global real estate ownership, as well as PRO, a utility token to enable the development of a thriving, self-sustaining ecosystem around this database and token holders. Propy.com is dedicated to solving the problems of purchasing property across borders. Propy is an international real-estate marketplace. The team at Propy.com facilitates connections between international entities to enable the seamless purchase of international real-estate online for the first time. Whitepaper
REIDAO is creating tokens (digital assets) backed by real estate with its unique Token ID (think stock-ticker) for every property that is listed on the platform. Every Token ID will have its own cap of tokens available/created, its own valuation - based on the property that is backing it, and its own track record (of price movements, rental income/dividend, and so on). whitepaper
With recent advances in peer-to-peer data distribution and blockchain technology, Rex will provide universal access to real estate information and streamline the transaction process.Rex will start by building a global multiple listing service, creating a data layer that is accessible to everyone. The database will minimize listing fees and maximize listing exposure. In REX third phase, Rex will provide users the ability to create sale and lease “smart” contracts. Benefits include a savings on time, communication, and administrative costs. Finally, Rex will develop an architecture to create tokenized contracts with an exchange where property tokens can be traded. WHITEPAPER
Building upon the well-established business model of shared workspaces, the Primalbase project transforms traditional office rental into a new-generation community-based ecosystem where one can share, sell or rent out high-quality office spaces using Ethereum and Waves-based digital tokens.Whitepaper-PDF dowload (Tokens Sales Ended)
LAToken tokenizes and makes tradable fractions of assets ranging from real estate and loans to works of art. Asset owners receive funding by tokenizing their assets and selling them on the LAT marketplace. They sell a fraction of an asset instead of borrowing against it and thus do not incur any interest obligations. At the same time, sellers may continue using assets after the sale without paying any rent. LAToken offers unique opportunities for investors of any size to own fractions of assets previously accessible only by large investors (e.g. real estate, works of art) and thus increase the ROI and diversify portfolios. LAT is the single currency used at the LAT exchange to sell and buy tokenized assets and pay for transactions. The proceeds from the Token Sale of LAT will be used for further platform development, recruiting asset-owners and investors, and product marketing. The wallet with the Token sale proceeds will be managed by a responsible Trustee governed by a decentralized Escrow Board/Board of Directors. Whitepaper
As usual this is for reference only do your own due diligence as I am not a Professional advisor.
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BTC : 1PkjVmYVwAHfAHUW1q9yjN9HVjSZB3GJiU
ETH : 0xb02776a1d7ba9dbc0cdacaa00fe368e12ffe7166
ZEC : t1dorDAEVhH4Eyq1UERaKSZtdyKouw1weih
Waves : 3P8X2J6up8ragNk47cfCXvzch6YYdjayzNx
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