ALT. Estate - New Ways Invest on Real Estate
The need for a home as a residences is growing with increasing numbers of people around the world. Demands also arise from various circles, from ordinary housing to luxury housing or real estate. But with the high realestate prices only a small percentage of the people who can afford to buy or invest in it. Some of the things that make it hard to invest in real estate: very high / expensive prices, lack of liquidity, slow and complicated ownership processes, less price transparency, high fraud risks, large transaction costs, and limited cross-border transactions.
Alt. Estate
Alt. Estate Group is a financial technology company offering a new solution for real estate tokenization: the Protocol and the Platform. Through the Alt. Estate platform the middle to low-sized investors can take part in it. Because the work system of the Alt. Estate is by selling assets not in one unity in the form of one building but in one building divided into small sizes (square, and in the form of tokens sold) where investors with medium-scale down can also take part according to their financial ability.Inside the Alt. Estate platform includes technology, corporate structure, and legal compliance aspects in its tokenization. Real estate developers no longer have to struggle to find consumers and investors for the realestate they are marketing, because now with the platform from the Alt. Estate they can sell and infest real estate with small parts. Although only a small part and in the form of tokens, developers and investors do not have to worry about its security. Blockchain technology has used in this Alt. Estate platform, thus data will decentralized, and data can not used and used by other users except the user itself, data is well encrypted within the blockchain's smartcontract technology. In the Alt. Estate platform investors and developers can trade real estate in fractions with high liquidity and at a lower cost.
Why use Blockchain technology
• Decentralization - Alt.Estate pushes the real estate market to become peer-to-peer.
• Faster Transaction - Alt.Estate Protocol eliminates thirdparty brokers, lawyers and banks by adding them to the network or assuming their functions such as listings, document flow and payments
• Lower Cost - Alt.Estate has the potential to reduce transaction fees by eliminating third-party intermediaries and overhead costs for exchanging assets (up to 30% of property price)
• Liquidity - Real estate owners get access to both fiat and cryptocurrency investors without traditional crosscountry boundaries, which speeds up the property sales process.
• Tokenization - Fractional ownership enables purchasing real estate with a smaller ticket. Property-specific tokens customized for each property and jurisdiction
• Transparency - Ownership and transaction data is accessible to all peers on the network. It stored in the distributed web and hashes recorded to the blockchain.
Comparison with traditional investment system
Flow chart for investors and developers
Seller / developer:
Make a preliminary registration by explaining in detail the properties will sell / offer, then continue the due diligence process by the team from Alt. Estate to entered into the seller's directory, here seller information displayed. After passing the verification and approval then the property will inserted into the property directory, here is the whole database of real estate that pass the verification and well structured here. Continue to merketplace, here buy / buy process occurs for investors with developers. Market divided into two, primary where the main market, and secondary market is a market where the object has been successful crowdfunding process.
Buyer / Investor:
Register by filling out the complete data of personal information. Once approved it can use advanced features inside the Alt. Estate platform . The investor dashboard is a personal portal where users can access all current and historical information about their activity on the Platform.
Example of extents and price to pay with tokens
ALT Token Sale Details
Mission from Alt. Estate is making alt. estate platform is the # 1 crowdfunding and trading platform for tokenized property. So it can be a bridge to build their own global portfolio of the best properties worldwide and become a real estate tycoon.
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Author:
- Bountyhive Username: anggaps
- Referral: https://bountyhive.io/r/anggaps