ALT.ESTATE PROJECT- TOKENIZE REAL ESTATE

Let me introduce a new project to you.
The project is all about real estate and i must say that this is a life made easy project.

Tokenize a property is basically generating a token on a Smart Contract and give a value to that Token in correspondence to the real asset. It is the easiest thing ever.

What am trying to say is that Alt.Estate is a blockchain platform to trade tokenized real estate. It allows anyone to easily build their own global portfolio of the best properties worldwide and become a real estate tycoon. The Alt.Estate team, with $400m worth of real estate deals in 2016, includes professionals with a strong background in investments, finance, marketing and operations. Alt.Estate with worldwide expertise and transactions in real estate worth more than $3bn.

Developers, brokers, investment companies, and other property owners register the property list on the Alt.Estate Platform and / or their own website for sales marked with Property-specific tokens are issued and sold to buyers
Custom property tokens are traded in the secondary market in Alt.Estate Platform or other exchange, or in peer-to-peer transactions
All tokens, transactions, management, and other fees must be paid exclusively with special ALT cryptocurrency tokens.

The platform also allow sellers tokenize property and the diagram below is explaining the six modules available for the sellers on this platform

● Seller dashboard
● Seller directory
● Property directory
● Marketplace
● Investor dashboard and
● Role manager

PROBLEMS IN REAL ESTATE

● Lack of price transparency
● Risks of fraud
● High transaction costs
● Complications of cross-border transactions
●High threshold for entry
● Lack of liquidity
● Slow and complicated process of ownership transfer

SOLUTIONS OFFERED BY ALT.ESTATE/BENEFITS OF ALT. ESTATE

● Low Entry Ticket: The ability to buy a 1/1,000 fraction of a property makes it accessible to anyone.
● Low Transaction Costs: Traditional costs of up to 30% of property price are eliminated with tokenization.
● Global Portfolio: Individuals and institutions can buy or sell fractions of properties without borders.
● Strong Expertise: The Alt.Estate team and advisors have more than $4bn worth of transaction experience in real estate. The diverse team background and expertise inspire breakthrough innovation.
● Investment Portfolio: Even a small investor can diversify his portfolio by purchasing tokens of a Manhattan penthouse, a warehouse in Guangzhou, a co-working space in Amsterdam and villas in Bali.
● Security & Protection: Due diligence procedures prior to the property token offering and distributed storage of all the collected information provide additional protection.

HOW IT WORKS
An owner wants to sell his property or any fraction of it, the property is checked and appraised. The Alt.Estate tokenizes the property virtually, dividing it into multiple fractions and buyers purchase tokens representing fractions of the property.

TOKEN
Symbol: ALT
Price: 0.00001ETH (i.e 1ETH = 100,000)
Contribution size: $15million
Soft cap: $1million
Hardcap: $30million
See below diagram for the token allocation and proceeds.

Token Allocation
60% of all tokens will be distributed during the crowd contribution
20% of all tokens will be distributed for Alt.Estate network growth
20% of ALT Tokens created will be allocated to the Alt.Estate Team and Advisors

ROADMAP

TEAM
Meet the innovative team behind this project and basically the most experienced in the industry.
I refer to them as the BEST

In conclusion, ALT token holders are involved in the decision-making process regarding real estate listed on the Platform, selection of third party vendors, and other strategic decisions of Alt.Estate development.

For more information, visit

Website: https://alt.estate/
Bountyhive: https://bountyhive.io/join/Alt.Estate
Telegram: https://t.me/altestate
LinkedIn: https://www.linkedin.com/company/AltEstate
Medium: https://medium.com/@alt.estate
Facebook: https://facebook.com/alt.estate
Twitter: https://twitter.com/alt_estate
Bitcoin talk: https://bitcointalk.org/index.php?topic=3070307.0

Author
temillion
bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1839623