SMARTREALTY - Revolutionizing Real Estate

sadum87 (0)(1)in #bitcoin • 6 years ago

Hello all !

SMARTRealty is revolutionizing the real estate industry by applying smart contract technology to everyday real estate purchase and rental transactions.

HOW SMARTREALTY WORKS
One simple example of how SMARTRealty smart contracts can be utilized.

Two Parties Agree to Transact Using SMARTRealty

This could be for the purchase and sale of a piece of property, or a simple one year rental agreement. The parties use the SMARTRealty platform for contracts, including penalties for non-compliance, penalties for non-compliance, etc.

The SMARTRealty Contract Manages The Relationship Between The Parties

The paying party can make payments using ETH, BTC, LTC, USD, EUR, or many other currencies, which are automatically converted to RLTY tokens and applied to the SMARTRealty contract. Payment can also be made with RLTY tokens, if preferred. The contract can even be pre-programmed into the event of breach, or to terminate upon expiration, or whatever protocols the parties agree to upon contract creation and / or are required by local statute (s).

SMARTRealty Contract Executes and Deal Closes

Upon final payment (s) or whatever the parties agree to, the contract executes and, upon expiration, the transaction is completed. Upon expiration, any necessary filings can be made or, if the rental agreement, the terms and conditions of the agreement. Contracts can be set to auto-renew, if required, or new terms can be negotiated and a new contract executed, if the parties agree.

this is the Future Project for Real Estate!

WHY USE SMARTREALTY FOR REAL ESTATE TRANSACTIONS?

"Blockchain technology streamlines the real estate ecosystem by enabling people to securely and efficiently share data and money. It makes information more accessible, cuts out middlemen and reduces the risk of fraud and theft. A more secure, speedier, trusted process for buying and selling property is good for everyone involved."- Matthew Murphy, Global Vice President at Renren, investing and building companies in the Real Estate and Fintech sectors.

RLTY Tokens are the official SMARTRealty token for use with SMARTRealty smart contracts. Payments can be made with any major currency (crypto and fiat), but will be automatically converted to RLTY tokens so payments are properly recorded and tracked.

Since every transaction on our platforms, even payments made with fiat, will be converted to RLTY tokens, there will be a constant demand for RLTY tokens with many purchases occurring automatically as every transaction is converted.

While the market exchanges will determine the value of RLTY at any given time, we believe the consistent usage of the utility token will keep demand high. It is important to reiterate, however, that the SMARTRealty team cannot guarantee or control future token values, and makes no guarantee or assurances in that regard.

We have no soft cap at all. Regardless of the amount of funds raised, this project will move forward and development is already well underway. The hardcap for the ICO is 160,000 ETH but we do not expect to raise that much. Any unsold RLTY tokens allocated for the ICO will be destroyed at the end of the ICO period.

SMARTREALTY & RLTY TOKENS
Explainer Video