Instant Assets Token – Providing real world solutions & utilities to your real assets

in #blockchain6 years ago

Introduction

When you are investing, the goal is to put money to work today and allow it to increase 3x, 5x, or even 100x and more, so that the return you make is enough to cover the risk you take or taxes you pay. The same applies to real estate investment, however, there are some slight differences – it requires higher capital and it has less liquidity compared to fiat currency. Besides, there are always restrictions on foreign ownership, stringent financial regulations, and lack of transparency in the entire process that deter many potential investors. What if we can tokenize real estates and make it affordable and available to more people? Imagine a world where real estate investment is simple and transparent. This will be a dream come true for those who always wanted to invest in real estates and for real estates’ owner to get liquidity. Meet Instant Assets Token (IAT).

How does IAT work?

There are two kinds of tokens serving the solution that the company provides.

  • Instant Assets Token (IAT)

This will be released via a process of ICO on the Ethereum network and will be ERC-20 compatible. Funds raised from this ICO will be used to develop the IAT blockchain and assets will be acquired to form the initial bulk of properties in the IAT ecosystem. There is a total supply of 4,500,000,000 tokens and it will be pegged to US$0.01 per token.

  • Native Instant Assets Token (NIAT)

This will be the localized token equivalent of the IAT as it will only be usable within each individual real estate market and is pegged against the country’s native currency. To protect investors from volatility of the cryptocurrency market, NIAT will not be minted on its own but can only be purchased using IAT.

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Tenants can pay their rental with NIAT and receive a discount. The company will also be looking to bring in various merchant partners into the IAT ecosystem so that NIAT can be spent for the merchants’ goods and services.

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NIAT can also be used to purchase assets within the IAT ecosystem and token holders can opt to utilize NIAT to make payment for asset management services or engaging the services of tax advisors, lawyers or legal advisors.

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In the event where commission is required to be paid to the property agent, token holders can choose to pay the commission with NIAT. Asset owners can also choose to receive rental or sale proceeds in the form of NIAT after listing the assets on the web portal.

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In other words, NIAT will be the currency that fuels all the transactions happening on the IAT ecosystem. To provide liquidity, the company will continue to look for various channels of token utility to reduce the supply of the tokens and will reserve a portion of funds raised to create a liquidity pool for the purchase of NIAT using IAT.

Visit the following for more information.

Company website: https://www.iatokens.com
Facebook: https://fb.com/iatofficial
Telegram: https://t.me/iatokens

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