The value of real-estate market in the world is worth $217 trillion, which is one of the most recognized sectors in the world. Real Estate business involves investing in land and the buildings on it, along with mineral ,crops and nature for profits. It can also be defined as the profession of buying, selling, or renting land, buildings, or housing.
An intermediary is the person who provides sales and marketing support to the owner of property in exchange for Commission(a monetary reward). In North America, this intermediary is referred to as a Property Broker or Real Estate Broker.
Alt.Estate is a fintech company who recognized this billion dollar opportunity by offering the protocol for real estate tokenization and the platform for buying and selling property assets in exchange of tokens.
Blockchain technology integration will disrupt the $217 trillion market of Real-Estate, Alt.Estate has a strong potential to become standard platform for the blockchain-based real estate transactions. 3 Geographies (USA ,Japan , EU) have already started tokenized apartments.
Alt.Estate is developed by the team of highly professionalized persons from IT, investment and marketing. Alt.Estate protocol include the smart contract technology, corporate structure and legal compliance. It will empower existing players such as real estate developers, brokers, marketplaces and crowdfunding platforms.
Smart Contracts
A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Alt.Estate has already created 20+ smart contracts and a smart contract builder which enables them to create thousands of smart contracts quickly with ensuring legal property rights. Alt.Estate is a marketplace for primary sales and secondary trading of tokenized assets. The platform enables to invest in fractions with higher liquidity. Market of real estate is now opened for mid-sized investors who can now purchase shares in 50 Manhattan apartments instead of owing single apartment.Trade turnover expected on this platform is $4 billion in three years. All the transactions will be powered by ALT tokens.
