Using Tokens in Real Estate Investments Trusts
Or how the Blockchain and the cryptocurrency market can soon change the way investors from all over the world see and interact with real estate.
For the first time since the inception of the blockchain, a bold project has set its mission to start a comprehensive platform that incorporates assets of numerous Real Estate Investments Trusts (REITs). Learn more today about the vision of Global REIT and the methods through which tokens will be used on this platform, in this article.
There is no need in trying to promote the benefits of the crypto market or summarize the way in which virtual money has started to transform our society. We are all aware of the market cap of the most popular cryptocurrencies - for example, the Bitcoin Market Cap has exceeded 150 billion US dollars, the Ethereum Market Cap has reached 67 billion US dollars and the Ripple Market Cap is now approximately evaluated at 35 billion US dollars. Moreover, the technology that allows cryptocurrencies to exist, the blockchain, can be integrated into multiple fields of activity and can, without a doubt, change the ways industries operate.
Discover Global REIT - a revolutionary Blockchain-Based Sharia-Compliant REIT planned to be released in the international real estate market.
To gain a better understanding of the mechanism that is placed at the core of this platform, we must understand as much as possible regarding the tokens it generates and the role of this tokens in the Global REIT ecosystem. Let’s take these features one at a time:
● Smart contracts (through the implementation of the Ethereum blockchain) will be utilized to create a set of custom asset tokens.
● How can investors become part of the platform? By providing Ether, Bitcoin or Fiat Currency. What do they get in return? GRET and GREM.
● Do these tokens have separate or different functions? On the one side, it is important to mention that both of these tokens have to be seen as utility tokens; both of them will be made accessible to individuals that subscribe to Global REIT.
● GREM (Global REIT Fund Manager) - will offer dividends that will start at a 2 percent value (of the NAV); as the platform matures, these dividends will be lowered to 1.25 percent of the NAV (Net Asset Value - value per share of a mutual fund, at a specific time or date).
● GREIT (Global REIT Asset Token) - will provide a stable 8% of the investment, of the AUM (Assets Under management - which represents the total market value of assets managed by a company or an institution on behalf of its investors).
● Through these tokens, Global REIT will pay dividends to all its participants, on a monthly basis
● Tokens will be available through the Global REIT ICO, soon to be launched (the Pre ICO in May; the public ICO in June; each one having distinct regulations and incentives)
Learn more about these unique benefits (which are not available through traditional REITs) and find out how this platform can improve real estate investment across the globe at their: Website, Telegram, ANN & Bounty Thread
John F
BTT username: hardhouseinc
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Wallet: 0xb7b2f4415171793849deea7ee0c7ffe5c90957d5
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