The blockchain had charted pathway since its inception. Starting off as the core technology backing cryptographic currencies, it had been touted as the next generation internet; a concept that the Tron (TRX) is set to unleash.
Housing is one need humans can’t do without and hence, decentralizing the current norm will be vital in positioning the industry for better tasks ahead in the decentralized world. WES Token, a new crypto coin is set to release the great tidings of the distributed ledger in reinvention of the real estate industry.
Current Challenges
It is predominant to find a buyer scavenging many companies in a bid to get the best deals on houses. On the other hand, the system is not free of nepotism as inordinate practices are prevalent. Sadly, monopoly ups the ante as few realtors call the shots and determine who gets what and at what price?
Problems plaguing the development of the real estate industry are not far from the fact that buyers cannot get housing at low costs because some realtors have placed exorbitant rates on such choice properties.
Away from realtors’ part in undermining the system, adequate funding had not been delegated in addition to strict regulations that have seen the industry moving back to its shell. In a nutshell, the real estate industry is plagued with underdevelopment and limited funding and security threats lend their voice to continuous undermine of the system.
Can WES Token be the change?
From a logical point, there is high tendency of bring revolution to the system because the project on ground has backing from the technology of the moment, the blockchain. This time, investment openings will abound; leaving investors with flexible options of acquiring properties in choice locations. Interestingly, there might not be need for many middlemen as the blockchain becomes link that connects the dots.
Problem-Solver
Issues that had bedeviled improvements in real estates had affected investors as well as clients. To this end, WES Token solves the accessibility issue that had seen many investors at a loss on the right steps to take in their investments. In this light, the platform links these investors and literally leads them by the hand to investments they can profit from.
On clients’ part, selling properties had not been this easy. Leveraging the Token Curated Registry, clients can put up real estates for lease or sell and interested investors can make the smart move. All transactions will be sealed through smart contracts and the WES Token (the primary medium of payment) will be used for every transaction in the ecosystem.
Also, the lengthy time wasted in traditional search for investments will be cut down. All properties listed have passed through the screening process and found genuine. All is left for you is get in contact with the realtor and seal the deal. This reduces time investors waste tasting the waters for better investment opportunities and also cuts off risks as only authenticated projects will get listed.
The solution offered also extends hand of friendship to project anchors. In the light of limited funding, many real estate projects will die off. Thanks to the innovative investment platform, WES Token allows project managers place their offers up in the ecosystem and get crowd-funded by investors who are willing to buy into it.
Key Technologies
Mention had been made of blockchain’s role in the system. WES Token also features Ethereum smart contracts as means of keeping at bay, intermediaries that would likely want to have their finger in the pie. The smart contract also reduces risks and security concerns.
There is also support for the ERC-20 token standard and Token Curated Registry that allows projects get listed on the platform.
The Westrend Platform
Realtors might have had hectic time getting investors. This time, Westrend passes for the investment platform (earlier mentioned) that enables project listing and efficient broadcast that will see investors become increasingly aware of projects they can key into.
Roadmap
Token Sales Information
Token Name: WES Token
Ticker: WES**
Token Type: Utility Token
Token Standard: ERC-20
Token Supply: 100 million WES
Minimum Investment: $100 USD
Exchange Rate: 1 WES= $0.40 USD
Soft Cap: $1 million USD
Hard Cap: $5 million USD
Meet the Team
Conclusion
The time to decentralize the real estate industry is now and a WES Token solution coming at this time is a Daniel come to judgment. There leaves no doubt that the project will be huge success and will have massive adoption among realtors that have been looking for better ways to drive sales.
####Learn more About WEStrend
Website: https://westrend.io
Medium: https://medium.com/@mindgenixtech
ANN Thread: https://bitcointalk.org/index.php?topic=5037231.msg46135781#msg46135781
Twitter: https://www.twitter.com/thewestoken
Writer's Info
Bitcointalk Username: Collinberg
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=1532780