The Wealth Migrate project recognizes the problem of wealth inequality. And often, wealth inequality stems from the inability of the lower class to acquire real estate. Unfortunately, the real estate market is highly illiquid and it is extremely difficult for people without means to purchase an entire home or commercial building. This shuts an entire class of people out of potentially massive real estate gains. Wealth Migrate wants to change that. Right now, only 12.9% of the world’s population has access to real estate. Wealth Migrate’s WealthE coin will allow individuals from anywhere in the world to invest in a global real estate marketplace.
Wealth Migrate’s Underlying Business
Wealth Migrate has an existing real estate business with a global real estate portfolio. Users on the Wealth Migrate platform will be able to invest in many of the real estate assets held by Wealth Migrate. Users will be able to invest as little as 1000 USD. The Wealth Migrate team wants to get that number down to as little as 100 USD. Wealth Migrate’s executive team has already handled over $1.34 billion USD in real estate transactions spanning five different continents.
How Wealth Migrate Handles The Investment Process
According to the Wealth Migrate whitepaper, the platform’s real estate process goes something like this:
• Wealth Migrate establishes a partnership with a real estate partner
• The real estate partner is vetted and must have over 10 years in the real estate industry with a verifiable track record
• The partner declares that they have an investment opportunity for the platform, and Wealth Migrate begins due diligence
• The real estate project is listed for investment on the Wealth Migrate platform only after passing due diligence
• Investors are allowed to begin investing in the project
• After the investment has reached full funding, investors begin earning a return through the opportunity structure. That includes capital growth and income. This process is handled through a regulated exchange.
The WealthE Coin
WealthE Coin is Wealth Migrate’s utility token. The token is used to facilitate transactions on the Wealth Migrate platform and inside of the Wealth Migrate ecosystem. Users must use the token in order to qualify for platform membership and it is intended to incentivize engagement on the platform. The Wealth Migrate platform will have a tiered-membership system. This system is based on how many WealthE coins are held by the investor. Here is how the system will work:
• Green Partner: 10 WealthE Coins
• Bronze Partner: 1000 WealthE Coins
• Silver Partner: 10,000 WealthE Coins
• Gold Partner: 100,000 WealthE Coins
• Platinum Partner: 1,000,000 WealthE Coins
• Diamond Partner: 5,000,000 WealthE Coins
• Titanium Partner: 10,000,000 WealthE Coins
The Wealth Migrate team has done a fantastic job of building awareness around the project (https://bountyhive.io/join/WealthMigrate). Cryptocurrency analysts and real estate investors alike are interested in how the WealthE coin works and if the Wealth Migrate platform will become a success. If Wealth Migrate can reach its goal of improving access to real estate markets, look for more cryptocurrency enthusiasts to start talking about the WealthE coin. Almost half of the world’s wealth can be found in real estate investments. Right now, those investments aren’t accessible to the vast majority of the world. But if Wealth Migrate has their way, that could be about to change.
Written by: liveheart
BountyHive ID: liveheart