Global Reit. Luxury Real Estate On a Pocket.

in #cryptocurrency6 years ago (edited)

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The the real estate market reputation in the eyes of the general public is very controversial. In the mass consciousness the market players are divided into two types: criminal bosses and multimillionaires with yachts and their own Islands. And we cannot say that this stereotype has no reason.

The interest of fraudsters and other criminals to the real estate market is quite clear - there are huge amounts of money spinning. For the same reason, the market entry threshold is very high. With an investor who is not ready to invest at least a few hundred thousand dollars, no one wants to talk.

This problem is partially solved by investment trusts specializing in the real estate market (real estate investment trusts, REIT). They collect money from many depositors and invest in projects already significant amounts, and then distribute profits between depositors. However, the profit distribution mechanism is not always transparent, so the scope for fraud is huge. This problem can only be solved by applying the blockchain technology to the REIT. This is what the Global REIT project has been doing.

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Global REIT - the first transparent and honest investment fund in the real estate market. It works on the same principles as ordinary investment trusts: accumulates funds of depositors, finds the most profitable assets in the real estate market, invests in them and distributes profits.

However, the use of blockchain and smart contracts guarantees the safety, transparency and integrity of the funds distribution. No one, even the developers themselves, can voluntarily change the investment terms, replace the reporting data or “forget” to pay depositors their profits.

And payment Global REIT produces monthly and without any delay - it also meets the smart contract. They will be produced in USD and USDT.

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The project uses two tokens-GRET, the holders of which will receive 8% of assets profits managed by the trust, and GREM, which will bring 2% per annum due to the net growth in the real estate value. The use of two tokens allows Global REIT not to violate the Sharia law against usury, which is especially important, as the project funds are invested in Dubai real estate.
Learn more about the project and licensee conditions you can on the Official website.

Summarize.

Global REIT offers crypto investors an "island of stability" in an extremely volatile market. Global REIT tokens can be considered "stabletoken" - their value is tied to real assets and in the foreseeable future there is no prospect of falling Dubai property prices.

Also, investing in Global REIT will allow comfortable access to the crypto-currency market for real estate market players who have money and interest in a new, promising sector, but don't trust volatile assets.

So we are waiting for a stable tokens growth and the dividends received can be considered a “nice bonus”.

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nice house

@hphabib ! I hope in 10 years to buy something similar, I like it.They say visualization helps.

Oooh, sounds cool. What can't we add transparency to?

@cadawg , Global Reit just promises to address this issue ;-)

Yup! 🤞

I always like the idea of bringing real estate into the blockchain. There are many projects though and its tough to choose which one will have the best business model for growth.

@feelsomoon , thanks for your feedback! blockchain gives advantages in this area, investors will not be deceived.

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So we are waiting for a stable tokens growth and the dividends received can be considered a “nice bonus”.

Yeah, that's what I said. ;-)

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No more 'money off books' in real estate investment, no more ledger fraud.

@premium.resteem Yes, I hope that's it. The idea of investing in real estate through a trust is good, but the transparency of this process is definitely not enough.

Need more upportunities to get there. Really wonderful.

@maziero681 you could know more reading Whitepaper . Thanks for your interest!

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