IA Tokens Ico Review: Providing Real World Solutions & Utilities

blackveil (35)in #blockchain • 5 years ago

About IA Tokens

The IA Tokens concept aims to revolutionize the real estate industry using Blockchain technology through the development of the IAT Platform. The funds raised from this ICO will be used to develop the IAT blockchain and our current management company will be carrying out asset management. The platform will serve the Philippine market first and we want to expand to other developing markets in Asia.

Basic Token Information

Token Name: Token IA

IAT Symbol: Token

Soft cap: 1,000,000 USD

Hard cap:20,000,000 USD

Tokens for sale: 2,000,000,000 IAT

Country : Singapore

Problems

Despite the potential profits of the real estate market, buyers face numerous problems and limitations. IAT, to maximize benefits and minimize losses people might incur, aims to solve the following through the adoption of the blockchain technology.

All Round Transactional Costs

Cutting out inflated costs by parties such as developers, taxes, brokers, and agents. The total cost of buying and selling a property in the Philippines is at times inflated to as high as 24% of the property value. IA Tokens are looking to cut that total costs down by at least half.

Integrity and Security

The decentralized nature of the Blockchain technology ensures that records stored on it cannot be changed or controlled by a single source, thus providing security against malicious attacks such as hacking.

Transparency of Transfer

Information stored on the blockchain is accessible by all which makes the data transparent and immutable. The possibility of frauds and ownership dispute can be almost eliminated with the high degree of transparency.

Time and Costs Savings

The current process of ownership transfer can take months due to the various parties involved and the need to verify the documentation during various stages, usually with the assistance of a lawyer. The blockchain technology will be able to address the above by maintaining a uniform source of information for all the parties that are involved in the transaction.

Solutions

Native Instant Assets Tokens

The NIAT will be the local token equivalent of the IA Tokens. It will reside within each

individual real estate market and is pegged against the country’s native currency. As such, each country will have its own NIAT.

Asset Digitization and Management

One of the biggest factors which property owners are facing in the Philippines is the extremely high all-around costs of a property transaction from the buying to the sale of the property eventually.

Individual Owners

A section of the web portal will be catered to individual owners where we aim to break the stronghold of traditional channels such as Airbnb and the various booking sites. By implementing a fee of only 5% on successful reservations, IA Tokens will significantly increase the rental returns of the owners as the traditional channels charges fees of between 15% to as high as 20%.

IA Tokens Ecosystem

IA Tokens want to create an ecosystem where token holders freely trade and interact with

other token holders and as well as investors who are looking to acquire IA Tokens for their portfolio.

As such, the company commits to acquire listing with various exchanges so as to facilitate the trading and liquidity of the tokens.

Business Growth Strategy

IA Tokens have currently shortlisted projects, where at least 100 asset owners are keen

to sell their properties with the total value of the assets, amount to an estimate of US$10 million. This is excluding commercial properties which IA Tokens will be looking to acquire as well.

IA Tokens Benefits

Rental Payment

Tenants are encouraged to use NIAT for paying rent and rate reduction will be provided.

Partner Merchants

The company will be looking to bring in various merchant partners into the IA Tokens ecosystem to increase the avenues of usage. One such merchant is “Beacon Cloth Care” who is providing laundry services, there are currently 2 outlets in Makati and the merchant has plans to expand the operation to a total of 100 outlets by the end of 2018. NIAT will be used to prevent volatility in the cost of the merchant’s goods and services.

Purchase of Assets

NIAT can be used to purchase assets and resides within the IAT ecosystem.

Listing of Assets for Sale or Rent

Tokens holders can opt to use NIAT for paying listing fees when they list the assets on the web portal. The company will provide discounts on the fees if NIAT are being used. Listing may be initiated by either agents, brokers or individual owners.

Receiving Commission for Agents/Brokers

Agents/Brokers can opt to receive their commission in the form of NIAT. The IA Tokens ecosystem will also allow the agent/broker to provide a slight discount to their clients as an incentive for utilizing NIAT for the transaction.

Team