Creating opportunities is one of the innate qualities of the innovative people. Investing in the right projects at the right time is the true mark of an astute businessman. Real estate investment has been one of the most profitable and traditional investments for many people. The real estate market is estimated to be of 217 trillion $ in 2015. This only consists of the developed projects.
Untapped potential exists in the real estate market but the huge challenges in the market are as follows; High threshold entry for new players, lack of liquidity, lack of price transparency, lack of fast process in ownership transfer, high transaction costs, risks of fraud, complications of cross-border transactions etc. l believe that there is a need for the redefinition of the real estate investment, where people are free to choose their method of investment.
Solution offered
Alt.Estate is offering to build a tokenized real estate investment option where anyone can buy a fraction of the property and then sell it at a higher cost. They have created a marketplace for tokenized assets which can be traded for higher liquidity and at low cost. They have a working prototype ready to be tested by the users. Decentralisation is the underlying motto of the platform which is being created with the help of blockchain technology. P2P transaction on the platform is encouraged so that the integrity of the projects can be maintained. Faster transactions, lower cost, high liquidity, tokenization, diverse investment portfolio, Strong expertise and transparency are a few of the many top qualities of the project.
Crypto investors, as well as the traditional investors, are going to benefit from the platform as they have presented a variety of services and tools for them. Any seller can register on the platform to tokenize his project. After preliminary analysis and expert committee review, the qualifying property is assigned a unique property ID. Alt.Estate platform consists of six modules; Seller dashboard, Seller directory, property directory, Marketplace, Role manager and Investor dashboard. These modules reflect the specific tasks that can be performed by the investors and the sellers.
Everyone can benefit from the services offered by the platform. Blockchain technology provides security and the transparency required in the fast transaction in the real estate business. Various analytical tools based on the latest technology is provided for the investors to choose the best property on the platform. ALT token holders can have various responsibilities on the platform, ranging from participating in platform governance to being the promoter of the platform.
ICO INFORMATION AND TEAM
60% OF the total tokens are reserved for the ICO. The private token sale is currently on the platform. 31.3% of the funds collected will be utilised for the online advertising while 17.1% of the total funds will be used in the legal costs. The team is targeting one of the biggest markets in the world. They are experienced in the field of blockchain technology and business.
Conclusion
Property rates have seen healthy growth in many countries. Rising standard of living and integration of digital solutions are a few of the many reasons behind it. People have realised the true value of the property and they wish to continue investing in the modern real estate. Buying and selling of the property will be much easier after the introduction of the platform.
Website : https://alt.estate/
Whitepaper : https://alt.estate/upload/files/altestate_whitepaper.pdf
Campaign live at: https://bountyhive.io/browse/Alt.Estate
Published by:Kishan(Bountyhive)
In future, we will see more investment opportunities in the real estate. There are many challenges in the real estate business which need to be addressed, but after the integration of the blockchain technology, the situation will improve in the future. I think that the right time for the real estate investment has arrived. What do you think about the various services offered by the platform?