Explaining Global REIT – Basic Concepts Behind a brand new ICO

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Global REIT is the latest idea arriving in the world of digital currencies. Before offering details related to the working scheme behind this brand new ICO the user or potential investor should know a few concepts. The first term that stands out is REIT, and it’s actually quite easy to understand the basic idea behind it.

A REIT is a means to diversify an investment portfolio for more extended periods of time. Income is generated off it by claiming a share of the assets contained on it or by the interest generated by financing another real estate projects. It’s a general rule that 90% of the earnings generated by a REIT are paid as dividends to the shareholders participating in it. Private partnerships can handle REIT's, but when done public they become an instrument for liquidity.

Global REIT and Blockchain Technology

The proposal of Global REIT is to merge the functionality of REIT with the security advantages offered by Blockchain technology. So far, the developing team has offered the use of cryptocurrencies to secure investments in real estate properties and to pay off dividends.

Those who become property holders can offer their property in a brand new crypto market that will be specially designed to offer the maximum liquidity, or they can choose to take advantage of other REITs who have established frameworks and are up for sale. It’s an easy way to diversify a business for the people who have the capital for it.

The system will work wonders to create a new profile for real estate enthusiasts worldwide that feel compelled to participate in global markets but would feel more secure while doing so within a partnership.

The Benefits of Working with Global REIT

So far Global REIT has made very clear that their working scheme is very similar to the one offered by a regular REIT, but it has some added benefits. Some of these perks listed by the company so far are the firsthand access to Assets under Management within the REIT for free on any day of the year as long as the property is not occupied.

There is also a reward program based on cumulative points that can be used for free services. Each partner has full access to the REIT’s global portfolio with no restrictions. For token holder within the platform that is not included on a REIT, there are benefits for participating on the Fund Management Income, but the best benefit of them all is the ability to collect monthly dividends for those who are participating on a REIT based on an Asset owning Company.

Projections for the Future

Global REIT aims to create the first worldwide real estate portfolio by merging two well-known business models. They have chosen the world’s leading market in real estate to launch their operation with an initial investment of nearly $75 million on Dubai, in the United Arab Emirates. Their projections place the company with a unique portfolio of properties worth $10 billion after five years.

If you want to learn more about their plans and how they are going to get there, please visit the: Website, Telegram group. ANN Thread and Bounty Thread.

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