Alt.Estate - Trade Tokenized Real estate

moh-rokib (49)in #altestate • 6 years ago

- "ERC-20" FOR REAL ESTATE -

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. This is the first tokenization project with a viable go-to-market strategy, That make it possible to buy and sell tokenized real estate assets in a trusted, fast and smooth manner with instantaneous transactions and low transaction costs.

Alt.Estate offer to market players provides clear economic incentives to use and promote the Protocol using their marketing budgets and bring innovation to real estate markets by implementing blockchain technology in the real estate marketplace and crowdfunding business models. The goal Alt.Estate is to promote blockchain and cryptocurrencies to the mass market by solving the traditional problems of investments in real estate.

Alt.Estate offering a new solution for real estate tokenization: the Protocol and the Platform.

Alt.Estate Protocol covers the technology, corporate structure and legal compliance aspects of tokenization. The Protocol will be a turnkey solution for anyone who wants to tokenize real estate, from developers to individuals. The Protocol is well-positioned to become the new standard of the industry and the Protocol allows developers, brokers, investment companies and other property owners to access new markets and sell their property or raise financing faster and on better terms. Then the Platform, Alt.Estate Platform is the marketplace for primary sales and secondary trading of tokenized assets. The Platform allows users to trade real estate in fractions with higher liquidity and lower costs.

Below is the graphic of Alt.Estate platform module:

Alt.Estate platform Structure

How Alt.Estate Work?

An owner wants to sell his property or any fraction of it > checked & appraised the property > Alt.Estate tokenizes the property virtually, dividing it into multiple fractions > Buyers purchase tokens representing fractions of the property > Various property-specific tokens are traded on Alt.Estate Platform.

What the different Alt.Estate with competitors?

You can read fully details explanation here: Blockchain-Based Real Estate Platforms: Alt.Estate vs. Competitors

https://medium.com/@Alt.Estate/blockchain-based-real-estate-platforms-alt-estate-vs-competitors-9f49089e743f

The Benefit using alt.estate

Fully decentralized, The transition from a centralized system to a decentralized one must be smooth to mitigate implementation risks.
No need third-party like brokers, lawyers or banks Also the transaction is fast and low cost.
Get access both fiat and cryptocurrency without traditional cross-country boundaries, which highly speeds up the property sales process.
The ownership enables purchasing real estate with a smaller ticket. Sellers receive a flexible sales instrument, and buyers can choose from a wide variety of real estate opportunities without traditional cross-country boundaries.
transparent, Ownership and transaction data is accessible to all peers on the network. It is stored in the distributed web and hashes are recorded to the blockchain.

INFORMATION TOKEN AND CROWDSALE

Name: ALT

Type: Utility token

Blockchain: Ethereum (ERC-20)

Max ALT Supply (approx.): 14,787,394,239 ALT token

Token sale start: March 1st, 2018

Price: 100.000 ALT per 1 ETH

Soft Cap: $1.000.000 USD

Hard Cap: 30.000.000 USD

Token Allocation

60% crowdsale

20% Alt.Estate network growth

20% Alt.Estate Team and Advisors

Use of Proceeds

31.3% Online advertising

17.1% Legal

10.7% Content & social marketing

12.5% Technology

3.3% Brand awareness

2.5% Finance

2.4% Office costs

20.2% Other (<2% each).

For details information about alt.estate, you can visit alt.estate website: https://alt.estate and read the whitepaper: https://alt.estate/upload/files/altestate_whitepaper.pdf or discuss with the alt.estate team and community on telegram group here: https://t.me/altestate