PresentationIAT intends to lead the pack in all parts of land activities at the neighborhood and worldwide levels. The IAT idea plans to reform the land business utilizing Blockchain innovation through the advancement of the IAT stage. The assets raised from this ICO will be utilized for the advancement of Blockchain IAT, and resource administration will be completed by our current administration organization, which as of now works. The stage will first spotlight on the Philippine market, however we try to spread to other developing markets in Asia.
IssuesRegardless of the potential benefit in the land advertise, purchasers confront numerous difficulties and imperatives. So as to amplify benefits and limit misfortunes, the IAT idea tends to the accompanying difficulties by executing blockchain innovation:Decrease of exchange costsThe aggregate cost of purchasing and offering land in the Philippines is now and then swelled to 24% of the estimation of land. We expect to decrease this aggregate cost by in any event half.Uprightness and securityThe decentralized idea of Blockchain innovation guarantees that the information recorded on it can not be changed or controlled by a solitary source, in this way giving insurance against pernicious assaults, for example, hacking.StraightforwardnessThe data put away in the square tie is accessible to everybody, which makes the information straightforward and unaltered.Spares time and expensesBlockchain innovation disentangles and quickens the exchange of possession.Limitations for outside financial specialistsIt is realized that nations are actualizing guidelines to control the developing land showcase by forcing confinements on outside buys with a specific end goal to moderate or prevent the market from taking off or framing an air pocket.Environment of IAT TokensWe need to make an environment in which token proprietors can unreservedly exchange and cooperate with different tokens holders, and also with financial specialists who need to buy IAT for their portfolio. In this way, the organization embraces to secure a posting with different stock trades keeping in mind the end goal to encourage the exchange and liquidity of the tokens.
Liquidity of IA tokens
We endeavor to keep up the high liquidity of IA tokens, making different channels of a token utility to diminish the supply of tokens and to get quality properties th
Liquidity of NIATWe will save some portion of the assets raised to make a pool of liquidity for the buy of NIAT utilizing IA tokens.
Introduction
Get ready for one of the most revolutionised ICOs of all time- Instant Assets Tokens (IAT). IAT is surely going to change the way real estate investments happen. The company behind the idea aims to make property investment easily available to the masses through the digitization of assets. IAT will solve a no of problems including- transaction costs, integrity & security, transparency, restrictions to foreign investors and a lot more. Unlike other ICOs that has its value pegged to the future profitability and sustainability of their business model, the IAT ICO is based on an existing profitable business model where we have the actual business operations already up and running.
The IAT ecosystem is set to revolutionize the traditional real estate market. In fact, this has been a largely untapped segment in the cryptocurrency market. Some of the utilities & benefits includes- Rental Payment, Partner Merchants, Purchase of Assets, Payment for Asset Management Services, Payment for Furnishing, Payment for Tax Advisory & Services, Payment for Legal Services, Payment for Agents/Brokers Commission, Listing of Assets for Sale or Rent, Receiving Rental/Sale Proceeds, Receiving Commission for Agents/Brokers.
The team behind this ICO is a relatively experienced one which leads one to believe that this token is going to be one of the most successful ones. The company will be generating revenue when agents/brokers utilizes NIAT on the IAT ecosystem for their client’s property listings. The company want to create an ecosystem where token holders freely trade and interact with other token holders and as well as investors who are looking to acquire IA Tokens for their portfolio.
Companies behind IAT
DigiAssets Pte Ltd
DigiAssets Pte Ltd is a Singapore registered entity and will be the company wholly in charge of the management of Instant Assets Tokens (IAT).
Realty Beacon Philippines Inc.
Realty Beacon Philippines Inc. (RBPI) is a property management company registered in the Philippines and will be managing properties pegged to the IAT efforts discussed in this whitepaper. In the last five years, founders of the company have transacted over one 1 billion pesos worth of properties which essentially lead to the setting up of RBPI.
Why IAT?
For high-value transactions such as real estate, it is vital to ensure the integrity and accuracy of the records to prove the rightful owner of the said property. These records are used to protect the rights of the asset owner in the event of theft, frauds or dispute. In fact, some of the biggest legal cases due to frauds or dispute revolves around real estate.
Other problems include the time required for the actual transfer to happen (months usually) and the integrity of the escrows being used in the process even though the escrow is meant to provide protection for the buyer and seller in the exchange.
Utilizing one of the applications of the blockchain technology called “smart contracts”, transfer of the property rights can be done swiftly when the terms between all involved parties have been agreed. The technology will also be able to provide traditional property registries with an easier and faster way of managing their records.
Despite the potential profits of the real estate market, buyers face numerous problems and limitations. IAT, to maximize benefits and minimize losses people might incur, aims to solve the following through the adoption of the blockchain technology:
All Round Transactional Costs
Cutting out inflated costs by parties such as developers, taxes, brokers, and agents. The total cost of buying and selling a property in the Philippines is at times inflated to as high as 24% of the property value. We are looking to cut that total costs down by at least half.
Integrity and Security
The decentralized nature of the Blockchain technology ensures that records stored on it cannot be changed or controlled by a single source, thus providing security against malicious attacks such as hacking. Transparency of Transfer
Information stored on the blockchain is accessible by all which makes the data transparent and immutable. The possibility of frauds and ownership dispute can be almost eliminated with the high degree of transparency. Time and Cost Saving
Take Singapore for example, prices of subsidized government housing have shot through the roof in the last few years to a staggering US$750,000 which has caused the government to implement multiple rounds of cooling measures to curb the market growth. Restrictions to Foreign Investors
Countries have been known to implement regulations to curb a growing real estate market by imposing restrictions on foreign purchases in an attempt to slow or stop the market from ballooning or forming a bubble. Take Singapore for example, prices of subsidized government housing have shot through the roof in the last few years to a staggering US$750,000 which has caused the government to implement multiple rounds of cooling measures to curb the market growth.Solution for the problems- IAT
IAT plans to take a leading role in all facets of real estate locally and hopefully globally to make this a reality, starting with disrupting the rental and property market and tokenizing large real estate assets. The IA Tokens concept aims to revolutionize the real estate industry using Blockchain technology through the development of the IAT Platform. Funds raised from this ICO will be used to develop the IAT blockchain and the asset management will be undertaken by our existing management company that is currently operational. The Platform will cater to the Philippines market first and we look to expand into other developing markets in Asia. With the numerous challenges involving real estate ownership, IAT deemed it necessary to find ways to make traditional property investing and management easier for investors.
HOW IAT solves the problem
There are two kinds of tokens serving the solution that the company provides.
Instant Assets Token (IAT)
This will be released via a process of ICO on the Ethereum network and will be ERC-20 compatible. Funds raised from this ICO will be used to develop the IAT blockchain and assets will be acquired to form the initial bulk of properties in the IAT ecosystem. There is a total supply of 4,500,000,000 tokens and it will be pegged to US$0.01 per token.
Native Instant Assets Token (NIAT)
This will be the localized token equivalent of the IAT as it will only be usable within each individual real estate market and is pegged against the country’s native currency. To protect investors from volatility of the cryptocurrency market, NIAT will not be minted on its own but can only be purchased using IAT.Tenants can pay their rental with NIAT and receive a discount. The company will also be looking to bring in various merchant partners into the IAT ecosystem so that NIAT can be spent for the merchants’ goods and services.NIAT can also be used to purchase assets within the IAT ecosystem and token holders can opt to utilize NIAT to make payment for asset management services or engaging the services of tax advisors, lawyers or legal advisors.In the event where commission is required to be paid to the property agent, token holders can choose to pay the commission with NIAT. Asset owners can also choose to receive rental or sale proceeds in the form of NIAT after listing the assets on the web portal.In other words, NIAT will be the currency that fuels all the transactions happening on the IAT ecosystem. To provide liquidity, the company will continue to look for various channels of token utility to reduce the supply of the tokens and will reserve a portion of funds raised to create a liquidity pool for the purchase of NIAT using IAT.
Real World benefits of IAT
The IAT ecosystem encourages the use of NIAT for these benefits.
Rental Payment
Partner Merchants
IAT token will be discharged with 4,500,000,000 tokens. The cost of IA Tokens will be attached to $ 0.01 USD for 1 token, ETH and BTC will be acknowledged for installment. The cost of the tokens will be 20 million US dollars (counting early financial specialists, pre-deal, and so on.) with the appropriation as per the table beneath. Unsold IA Tokens (40,000,000 IA tokens) will be exchanged to philanthropies, and the rest of the IA tokens will be scorched.
Information about the token:
Platform - Ethereum
Type - ERC20
Price in ICO - 1 IAT = 0,01 USDTokens for sale - 2 000 000 000
Minimum investment - 0.1 ETH
Payment - BTC, ETH, Fiat
Distributed in ICO - 44.44%
Soft cap - 1 000 000 US dollars
Hard cap - 20 000 000 US dollars
To learn more about the IAT project, follow the links:Website: https://www.iatokens.com/
Whitepaper: https://iatokens.com/docs/IAT%20WHITEPAPER.pdf
Twitter: https://twitter.com/IA_Tokens
Facebook: https: //www.facebook. com / IATOfficial /
Telegram: https://t.me/iatokens
Bitcointalk username: Pozitiv4ik21
Profile url: https://bitcointalk.org/index.php?action=profile;u=1940830