The blockchain is already revolutionizing the digital currency landscape. A few years ago, a decentralized currency was unthinkable — how volatile would it be when not backed by a government? However, with the success of cryptocurrencies like Bitcoin that are supported by the blockchain, people are realizing that it could have far more uses than expected — and the next landscape blockchain has the ability to disrupt is real estate.
Buyers, sellers, and renters of real estate are experimenting with blockchain technology to trim burdensome middlemen from the industry. Precious few real estate transactions proceed directly from provider to client. There are typically notaries, agents, lawyers, banks, trusts, and more in the mix. Even relatively simple issues, like renting parking spaces or charging for utility use, involve intermediaries. With everybody targeting improvement within the different areas, the real-estate world has sought the technology to enable the removable of intermediaries, and most of all tackle the typical challenges of the real estate supply chain issues.
Blockchain technology eliminates the need for a trusted (and expensive) party to facilitate digital transactions, allowing those involved in the transaction to use a distributed, peer-to-peer network — that is, the blockchain — instead. The implications of blockchain for the real estate industry are enormous. Blockchain can make MLS property data more centralized and accessible, title records easier to track and transfer, and it can make transactions more efficient and secure.
Fortunately, an crowdfunding investment platform, Westrend, plans to globalize and digitize real-estate services by using Ethereum Blockchain technology to establish a real value of the properties.
Westrend is a crowdfunding investment platform based on the Ethereum Blockchain Technology. A global platform that is reliable, secured and transparent. A platform that allow participation and access to all investors worldwide through the cryptocurrency WESTRENDCOIN (WES). Westrend Real Estate projects will begin in the Southern California market, India, Vietnam, and then the rest of world with up-to-date real estate projects with full transparency.
The solution will employ Ethereum smart contracts to enable project owners/managers and investors to fund real estate projects and distribute profits. Westrend platform is supposed to directly connect investors and investment opportunities, eliminating the need for intermediaries.
WHAT IS WES TOKEN?
WES Token (WES) is an ERC20 token used through the Westrend platform and designed to thrive in an ecosystem of utility and sustainability which will expand its value and development as a utility token in the real estate industry.
WES is a utility token that can be utilized as a unit of account or a medium of exchange in the real estate landscape. There will be options on how and where to utilize WES, for instance :
- Buy, sell, and rent real estate properties and invest in profitable real estate investment projects using WES Token.
- List your projects in the Westrend Platform.
- Sell WES Token back to the company to cash-out capital and bonuses (for a limited time and only for tokens purchased on pre-sale)
- Membership level benefits.
Vision
WES Token aims to innovate and disrupt the real estate investment industry by using revolutionary technology as well as to create and provide easier, safer, and more affordable real estate investment opportunities in a global scale.
Problem and Solution
a. For Investors and Clients
In the Real Estate industry and investing landscape, potential investors face the following issues: Accessibility, lengthy processes, limited funding and resources, and security and capital investment protection, while clients have similar problems.
b. Accessibility
The right investment project or real estate property for you can be a difficult task, leaving potential investors and clients scratching heads and not knowing where to go.
The WES Token can provide investment opportunities from around the world to all investors anywhere they may be. Using the Token Sale Dashboard, investors and project managers can easily buy WES Token and through the Investment Platform, they can invest and profit through listed investment projects using WES. We take care of finding real and legit real estate investment projects for investors to invest in and we through a Token Curated Registry, you can easily identify which projects you can profit more from.
The WES Token will also be accepted as a medium of transaction within the real estate industry by partner companies and users. Clients will never need to worry about finding the right property to buy or rent for a small vacation or finding someone to sell your property to.
ROADMAP
Q4/2017
Team development, first website construction, and first business strategy formation.
Q1/2018
Pre-sale marketing, first and second phases of pre-sale begins, marketing team expansion, formal launching of marketing, advertising and branding campaigns, launching live events and online events globally.
Q2/2018
Last phase of the pre-sale offering, expanding live events and online events globally as well as token launch, development of Token Sale Dashboard, and creation of WES Token Newsletter for investors.
Q3/2018
Launch of Token Sale Dashboard, continued development of the Westrend platform, and increased marketing.
Q4/2018
The Alpha version launch of the Westrend Platform. Aggressive marketing and branding of all Westrend related products and services in USA, Vietnam, Philippines, Dubai, India, and other countries.
Q1/2019
Launch of mobile Westrend platform app where investors can invest in different real estate projects easier using mobile devices.
Fund Allocation
Detail Information
Website: https://westrend.io/
ANN Thread: https://bitcointalk.org/index.php?topic=5037231.msg46135781#msg46135781
Twitter: https://twitter.com/westrendcoin
Facebook: https://facebook.com/westrendofficial
Telegram: https://t.me/westoken
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1640802