GlobalREIT: A Real Estate Investment Platform
Real estate investing is an inexorably profitable method of wealth building, and there are numerous routes for people to put resources into real estate. on the off chance that you need to possess real estate resources in a remote nation, notwithstanding the important capital for the benefit itself, you need to incorporate nearby elements as speculation accomplices in many territories of ward., the customary real estate venture demonstrate has turned into a passage obstruction. They have made a period of weight as far as administrative and financial viewpoints joined to them and making ventures unfeasible for most potential investors. You should likewise consent to every single lawful necessity, including however not restricted to duty, bookkeeping, and continuous enlistment commitments. Moreover, there are confinements on the sorts of property subsidizes that might be contributed by investors. Outside direct venture additionally has weakness to macroeconomic and macroeconomic conditions in every nation.
To relieve these dangers and conquer venture challenges, the market offer of Real Estate Investment Trusts (REITs) is an elective speculation vehicle. REIT is a trust, organization or affiliation that possesses, or finances pay producing real estate and might be openly recorded or by and by claimed.
GLOBAL REIT – AN INTEGRATION OF REITS AND BLOCKCHAIN TECHNOLOGY
A standout amongst the most discussed points in the financial administrations industry today is blockchain and is the current greatest market disruptor. It was at first intended to encourage, approve, and log the exchange of bitcoins and different cryptocurrencies. Cryptocurrencies are computerized cash that utilization the blockchain innovation to encourage secure and mysterious exchanges. The measurements starting today, demonstrate the market top of cryptocurrencies at US $502,375,504,565 with piece chain innovation filling in as its spine. This mix is as a rule additionally connected to different enterprises with a reckoning to change the customary way to deal with organizations and receive rewards including cost diminishment, quicker settlements and expanded straightforwardness.
GLOBAL REIT IS THE FIRST EVER BLOCKCHAIN BASED REIT
• It is the first crypto-based REIT to be propelled on the planet.
• Global REIT takes a shot at an indistinguishable system from conventional REITs
• REITs as you probably are aware offer profits to its unit holders in light of the pay of its Assets under Management.
• Each endorser will get 2 tokens upon subscription — GREM and GRET. Both GREM and GRET tokens are utility tokens and will give future access to every one of its Assets under Management. Where token holders will get rebates and advantages.
• Global REIT is respecting its supporters of partake both in the Fund Manager (GREM) returns and in addition the pay on the Assets under Management (GRET).
• GRET will pay out profits month to month to its endorsers.
• GRET has its first resource secured at 8% yield for multiple years on its first gained resource as profit
• The first Asset is esteemed at a USD 75 million situated at The Palm Dubai, U.A.E
Global REIT is available to REITs overall who might want to exploit an effectively settled piece chain structure and enter the crypto space by contributing their helps and joining with Global REIT.
The fundamental highlights of run of the mill REIT are:
• REIT is a platform for enhancing long haul speculation portfolios
• Revenue from REIT is produced through leases acquired from resources possessed portfolio, premium earned by financing real estate resources or continues of offer (AUM)
• 90% of income produced by REIT is disseminated as profit to investors
• Publicly enrolled REITs are fluid speculation vehicles
GLOBAL REIT AND REITS
Global REIT will deal with an indistinguishable component from a customary REIT yet will offer extra advantages including –
• Future access to every one of its Assets under Management (AUM) beginning with free remains each year in its first Hospitality Asset
• Reward focuses will be offered in the Loyalty Programs joined with its AUM. These focuses can be utilized to benefit free administrations up to a specific utmost.
• The Asset arrangement of Global REIT will incorporate resources procured globally dissimilar to conventional REITs which has forced confinements in this perspective
• Token holders of Global REIT will profit by their support in the Fund Management Income' also which isn't offered by customary REITs
• Token holders of 'Benefit Owning Company' will be paid profits month to month not at all like customary REITs
ICO Detail
The token holders of GREM and GRET will get future access to all Assets Under Management (AUM) of Global REIT. Regarding the Hospitality Assets, token holders with minimum 5,000 tokens of GRET or GREM can avail free stays every year. Furthermore, reward points will be offered in the Loyalty Programs attached with its AUM and these points can be used to avail free services up to a certain limit. Another utility for token holders of GREM is that those with minimum 100,000 tokens have an option to sell their real estate assets to Global REIT and enter the liquid market in crypto domain. These tokens can either be bought from the Fund Manager (GREM) or from the Open Market. The settlement of such acquisition will be done in any cryptocurrency and the capital base will be open ended.
DISTRIBUTION OF TOKENS
GREM TOKEN DISTRIBUTION
• 57,857,143 GREM Tokens will be issued in Pre ICO
• 21,428,571 GREM Tokens will be issued in Public ICO
• 110,714,286 GREM Tokens will be retained by the Fund Management Company
• 10,000,000 GREM Tokens will be reserved for the Advisory Board of Global
GRET TOKEN DISTRIBUTION
• 12,150,000 GRET Tokens will be issued in Pre ICO
• 4,500,000 GRET Tokens will be issued in Public ICO
• 58,350,000 GRET Tokens will be issued to the Asset Owner of the 1st Asset to be acquired by Global REIT
For details about this project, you can visit on official site:
Telegram: https://t.me/globalreit
Website: http://www.globalreit.io
Roadmap: http://www.globalreit.io/#roadmap
Whitepaper: http://globalreit.io/front/whitepaper/Global-REIT.pdf
Twitter: https://twitter.com/GlobalReit01
Medium blog: https://medium.com/@globalreit01
Bounty group: http://globalreit.io/bounty
Authored by Lelvin: https://bitcointalk.org/index.php?action=profile;u=1275173