The world of real estate has always been a very attractive source of profit for most people around the world. Many large investors have made huge, many billions of dollars in real estate in all corners of the world.
However, not everyone who wants this market is open and accessible. Becoming a member of the real estate market is not such an easy task. First, you must have a lot of money. Secondly, you must have all the necessary legal and notarized documents confirming your status and position. Moreover, even if there is money, not everyone immediately has the experience and competence regarding the real estate market, so in third place is the problem of the lack of many newcomers to the market, their necessary skills. This can naturally lead to poor-quality transactions, as a result of which you will not only earn any profit, but also lose a significant part of your capital.
The real estate market, although it is one of the most ancient and conservative, nevertheless, it still has a huge number of problems, ranging from legislation to various registration documents and ownership rights to a particular object. Thus, the market is a kind of dinosaur, which is not fully digitized, which means that the documentation and all the necessary legislative registers can create an absolute mess.
A new decentralized project called Global Property Register intends to solve a number of problems.
About the project
Global Property Register - is a new generation of the real estate market, using modern technologies and tools, with which it will be possible not only to fix each subsequent property, but also to purchase it on a simplified system through the internal token platform.
That is, to put it in simple words, Global Property Register is a new kind of already obsolete old system of the real estate market. Global Property Register is able not only to assess real estate, but also to control the entire list of necessary documents, legal certificates and other references at the legislative level, in order to ensure maximum transparency at all stages of the transaction, as well as to eliminate various bureaucratic costs.
Features and benefits
The presence of a blockchain network will allow you to simultaneously control an incredible number of files and documents, while providing all the necessary legislative, regulatory and legal structures with quick access to all the necessary documents and reports. Moreover, the blockchain will contribute to the reduction of additional financial costs, which previously devoured most of the capital of a real estate owner. Another advantage of Global Property Register is geographical latitude, because this project has the opportunity to develop around the world, without limiting itself to the borders of a country.
At the same time, to accelerate the process of all actions will help the built-in Artificial intelligence, which will not only reduce the time of all inspections, but also provide the user with all the necessary data for the shortest possible time. Another very important detail of Global Property Register is the insurance of real estate objects both from any natural disasters and from other insured events. That is not a little important element for all real estate.
In addition, the team of specialists will provide the best and reliable products for the real estate market based on the blockchain, namely:
The details of the ICO
Harmonious work within the system will be carried out by an internal token - XRX, with which users will be able not only to purchase some real estate, but also to pay for additional services for the registration of their property and much more. The token itself is developed on the basis of the Ethereum blockchain and meets the ERC20 standard.
In total, for the development of its project, the developers will be released 5 billion coins with an initial value of $0.005 US per 1XRX. As part of its ICO, the team intends to collect Hard Cap in the amount of 25 million us dollars. This amount should be enough to fully run your entire model and start using it in the near future.
The distribution of tokens and funds is as follows:
Conclusion
People who have long been in search of something real and accessible are clearly interested in this project. Because its concept is quite simple,but understandable to the masses. This means that people will not face great difficulties in the operation of this tool.
However, do not forget about the risks that are present in absolutely any direction and the project, so before you make any decision carefully consider it. Since my reviews are only for informational purposes and do not encourage you to invest in a particular project. All I can recommend to you is to study in detail each separately selected project independently. And for this, I always prepare all the necessary links that you will find at the end of this review. And that's it for today and see you soon!
Official resources of the Global Property Register project:
