Equitybase - Decentralized Real Estate Exchange

in #blockchain6 years ago (edited)

Blockchain technology is a transparent digital ledger of transactions and records that are immune to change or deletion. Offering additional traits of increased security, lower costs, time efficiency, and error resistance, blockchain has risen, fluctuated in 2017. The utility of blockchain technology is limitless, sparking the growing list of companies, industries, and government exploring its potential adoption. The blockchain is an immutable public ledger that records digital transactions.

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Equitybase Real Estate is the Platform ecosystem-based Contract that implements the Ethereum’s new Blockchain technology to the global Real estate investment industry. Equitybase allows developers and fund managers to offer investment opportunities backed assets to investors around the world. By lowering the barrier to entry and increasing the liquidity of the market with transparent pricing, would provide greater access to global investment and Commerce against the fractions in the Real Estate industry.

Equitybase will offer a model of effective and safe investment which is worth the equivalent of 500 + Billion USD in cryptocurrency, to the real estate market that is less stable and thriving, generating rental income, appreciation of the value and hedging.

VIDEO PRESENTATION

The Primary objective of Equitybase is focus on investing within Equity Invest and secondary objective is to focus on high-quality mid-size commercial real estate assets in high profile super cities. Especially on Value-Added and Ground-Up development within the targeted cities. Besides that, to increase rent roll and property value within a feasible duration base upon types of development involved, provide Owning high-quality properties in unique top of the cities, drive superior returns, reduce risk and hedge against inflation.

THE HYBRID MARKET PLATFORM
Equitybase’s hybrid market platform is combining the liquidity of public market along with higher rate of return of private market solution using smart contract blockchain technologies to give its users a double advantage. BASE token users around the world will be able to participant in our hybrid market platform freely while generating profits, paid in either crypto or fiat currencies. Equitybase’s Hybrid Market platform will offer simple, transparent and direct property investments that can make individual investors certain about the outcome of their investment and enable almost anybody to build a real estate investment portfolio that delivers predictable and consistent returns without a lock-in period.

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EQUITY INVEST
Equity Invest will be based on Etherum smart contract that represents the property acquisition which we termed as REAL Estate Offering(REO). This contract will have different steps, each step will be stamped in the blockchain by the contract. Once a new property asset is entered in our equity invest platform the information will be audited and shared with the platform investors. After the property documents has been certified and verified, detail information will be published on the platform. Information will be included as: price, suggested hold period, target annual cash rate, target IRR, target equity multiple. All calculation of returns is based on suggested hold period on each specific deal. Automatically, all associate data for the contract and the property participations associated to it will be created by the system to allow investors to purchase them. REO will represent the shares on each property and also be tradable inside equity exchange platform which will enable investors to be able to exchange or liquidate their holdings for the property’s participations through our equity exchange platform. Sponsors has the duty to update property’s smart contract every year. The earnings from rent roll of the property and system will automatically be divided and paid in ETH/FIAT to each REO investor according to percentage held. In circumstances where sponsors decide to sell the property, the distribution of the rental income will be paused and sponsors will deposit the profits of the sale (in ETHER) inside the contract along with all legal documentation of the sale. The REO holders will automatically receive the principal investment plus the ETHER corresponding to the profits of the sale of the property.

EQUITYBASE PLATFORM
Equitybase platform is a standalone Peer-to-Peer network protocol design for digitizing real estate into a decentralize system. Network is governed by Ethereum smart contract which allows, implement and executes preset guidance for entities to interact in tokenization of assets. We are designing a robust DAPP for a desktop and mobile app which permits each user to act upon their holdings on the platform and also for sponsors and developers to list and update property status. The platform is being design with a mobile first approach and a strong emphasis in user experience/interface UX/UI, which makes our services easily accessible to users.

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EQUITYBASE REVENUE
Equitybase will obtain up to 2% of net profit proceeds from general income and above 2% from capital events. charges are based on performance basis within each property distribution waterfall guideline. A 1% fee will be charged for platform listings for real estate developer and sponsors interested in listing their prospective properties on our platform. Investors and sponsors who wish to reduce or avoid fees entirely can do so by obtaining equivalent amount of BASE token value.

EQUITY EXCHANGE
Equity Exchange offer investors an innovative standardized way of buying and selling asset holdings on investment made on Equity Invest. Equity Exchange enables fractional trading of real estate asset or real estate fund similar to stock market without a lock-in period. Based upon the performance and demand of each holdings, it will be able to add intrinsic value individually. Since, each project or fund value will increase closer to execution date, offering price will be adjusted base on each asset holding accordingly.

TOKEN DETAILS

Base Tokens are a digital representation of a participation of Equitybase platform. BASE Tokens will be tradable outside Equitybase’s platform, as they are an ERC20 Token so they will have an inherent value in the exchanges. Users will also be able to utilize BASE Tokens as a zero fees incentive for investing in real estate offering (REO) at our platform along with ERC20 standard interface that guarantees the interoperability between tokens.
BASE token, which can be kept in any Ethereum based smart/cold wallet, is an ERC20 based blockchain token with vesting functions.

BASE token are created on token sale backed by a smart contract and will be on a fixed volume basis, which are stored in any Ethereum ERC20 base wallet. Equitybase platform does not restrain investors on minimum investment or holding period.

As tokens created at the Token Sale stage, the token will be deflationary. As more investments and trading are made in the platform less BASE tokens remain in circulation. Therefore the availability of the tokens will be lower each time the token holders invest into new Real Estate investments and as a result we believe the price of token will go up.

Total availablity of BASE token will be set at 360,000,000 of which 50% will be sold during ICO, remaining reserve token will be held for 1 year and peridically release to stimulated the platform’s growth if needed. 20% of the tokens will be allocated to the founding team members and its advisors with a 12 month vesting period. 10% of overall token allotment will be distributed for community program marketing prior and after the ICO process.

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EQUITYBASE TOKEN SALE

Token Symbol: BASE
Total Token Supply: 360,000,000 BASE
ICO Start: 28 February 2018
ICO Ends: 30 April 2018
Token Price: 1 ETH = 3,000 BASE
Discount: 5–30%
Minimum Purchase: None
Accept Payment: Etherum
Hard Cap: $50.4 Million

ROADMAP
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Above you can see the roadmap — how the team sees their nearest and long-term future.

TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT

Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.

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Be a part of this tremendous project and follow these links for more information ;

Website: https://equitybase.co/
Whitepaper: https://equitybase.co/equitybasewhitepaper1.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=2965628.0
Facebook: https://www.facebook.com/equitybase/
Twitter: https://twitter.com/equitybaseco/
Telegram: https://t.me/equitybase
Medium: https://medium.com/equitybase
Linkedin: https://www.linkedin.com/company/equitybase/

Author
nugezmils

BITCOINTALK PROFILE
https://bitcointalk.org/index.php?action=profile;u=1729621

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