NEST Platform Broadening Your Horizon

in #cryptocurrency6 years ago (edited)

First platform for procuring real estate assets powered by BlockChain

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You can listen to the soundtrack of this article here: Play me

Prologue

Hello everybody!
My name is Mickey, also known as Tezkatlypoka from Reddit,
and I would like to show you my own gathered information about Nest Platform. A platform for procuring real estate assets, mortgage notes, and assisting with access to highly lucrative investment opportunities!

Manual to this article: You have to read this article from front to back and show your grace. After all, that is how literature works, right?
(unless it is instruction manual, in which case no one reads them at all)

Introducing

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WebsiteWhite PaperWhitelist

Prologue

Hello everybody!
In today's review, we will take a look at something very special. As you know, I write only about unique projects, creative alternative solutions, gold medal winners, unconquered ideas and about guys who were the first at what they do. True pioneers in this new space.
Blockchain technology is changing the world whether we like it or not. This phase shift is hitting every area of today's business, and that's good because 2018 is a year of Blockchain settlement. Thanks to this new technology you can be your own bank, play Farmville on Ethereum, we can even authenticate originality of products and track down the path of your stolen goods, not to mention a whole stack of other real-world blockchain applications that are currently being integrated into the processes of mainstream society.
Another exciting project powered by BC (BlockChain) tech is a Nest platform, and these guys are focusing on and disrupting the real estate and mortgage investment field.
Let a Doc see…

You may hear this project is compared to REIT often. A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs give
a high % investing return. It’s usually in the 7% to 12% range, so it can be a really attractive and lucrative opportunity in which to vest your money in. but It is based on Real Estate so if the real estate market tanks...your REIT investment will too. Also depending on your country tax laws dividends are usually taxed less so there is that advantage, and that's why people like to invest in REIT.
But REIT doesn't need BlockChain technology for fulfilling their demands.
So my first question could have been something like this: “why does NEST Platform need a blockchain if they are similar to these companies?”
This topic can open a lot of new questions, but the key fact is that it also could be making
a path for new opportunities, new ways of doing things better and also without a need for paying big fees.
NEST says that this technology can open doors into high liquidity. You can Rent NEST's properties all over the US and earn regular dividends from the net mortgage platform profits.
Everything is accessible via NEST's P2P mortgage platform where staking NEST tokens will be playing a fuel role to power the smart contracts it is using.

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Team members were pretty open and accessible to talk to, and that's how I started with my little research.

If you are not interested in these kinds of things, it is entirely understandable and it's entirely up to you, but if you are seeking for ethical investment or something that can help you to build your passive income, this could be a solid quarterback in your money-making team and it's totally worth it to take some “Building Investing” education in my opinion.
Because a man has to have some knowledge of the Real estate if he or she wants to make some real deal profits.


Into the NEST

Nest Platform is a platform for procuring real estate assets, mortgage notes, and assisting with access to highly lucrative investment opportunities.
Through the use of smart contracts, they attempt to create the very first real estate rental and peer to peer mortgage investment platform, which will be decentralized.
The transactions will be transparent as a beautiful crystal clear lake in Switzerland.
Combining the current low-tech purchase method and rental process with the new high tech methods of transferring wealth globally via blockchain and smart contracts. This could be a terrific fusion, which will empower short and long-term rental markets. By facilitating the use of cryptocurrency by participants as a medium of exchange to invest in secure, tangible, and lucrative real estate.

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Token

Let's now take a break for a little while and let's take a look at some NEST token characteristics.

The Nest token has been designed as a utility token but will satisfy U.S. securities laws requirements as a Reg D 506, and that's why they shouldn't have some problems to get on exchanges. NEST token will be a classical ERC20 Token running on Ethereum platform.

Utility token is a token such as SEAL, ETHOS, WPR, DENT or countless others. It is used purely to facilitate a service.
Security is a token that will provide income/dividends. So for example, any tokens that run MN's could be considered a security. So TRIG will be one, SEAL will become one, OAR will be a security.
US securities have a whole load of regulations, Reg D 506 seems to be the one most of these tokens want to satisfy, but I don't know exactly what it means.

Their ICO alias Token generation event is already in the process started by 5th of April and will hit its end by the 1st of June 2018.
The goal of NEST`s TGE will be the creation of 100 000 000 tokens when 12 000 000 will be spread in between founders, advisors, marketing consultants, and bounties. Founders vesting has been set up for a one year.
Soft cap hard cap boundaries have been set up for 15 million soft cap/ 300 million hard cap.
You can participate by tokens purchasing with cash (USD bank transfer) or with a value of mighty trinity of BTC, ETH, and LTC.


Updates

As I am writing this article, a message alarm hits my phone where I can read a new Telegram echo. The message goes like this:

“We have an excellent update for you. We’re meeting with a candidate for COO this Friday in Salt Lake. They have high-level experience in startups, mortgage, Silicon Valley, finance, and technology. They were once the Senior VP of Technology for the Clarium Fund... the multi-billion $ hedge fund of some guy named Peter Thiel. Currently, they’re the CIO of a large mortgage company based in the San Fran area. This is extremely promising, and we’ve already had preliminary talks with them about joining our team.”
(Dustin Brohn - Business Development at Nest Platform)

Another update from official Telegram arrived just 5 minutes after the previous update.
It goes like this:

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The Pre-Interview

Because one of the best clarifications often comes with an explanation which goes directly from the team itself, I have considered getting in touch with Mr. Justin Robins, the CEO at NEST and asked him few questions for ya.

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Hello Justin. Thank you for taking some time and filling my gaps:) Please tell us a little bit more about yourself and more importantly try to clarify to us how you became the leader and CEO of NEST.
I have been actively engaged in the real estate community for over 11 years. I am licensed in both Utah and Tennessee where I successfully run teams. I am the recipient of the Top Producing Agent award by a number of transactions for 2015, 2016, and 2017. I have made my mark in social media by building the #1 Utah real estate FB page, #3 Utah real estate IG page, and the #4 Tennessee real estate FB page. I am an avid farmer, outdoorsmen, and equestrian. My most important role is the father to my two sons and husband to my wife Keely.

My first question is why does a lending platform in real estate need blockchain?
Because lenders typically charge 3% origination fee. We believe by using smart contracts we can eliminate many of the time consuming and tedious tasks which will allow us to cut the origination fee in half if not more. On a $300,000 home, this would save the borrow $4,500 on an origination fee.

How you came up with an idea to bring your solution at blockchain?
I’ve always wanted to create a platform that allowed the everyday person to be able to invest in real estate regardless how little or how much they have. Unfortunately, the technology didn’t exist until I learned about blockchain. So I married the two together and Nest was born.

Is this project a one guys' baby or there are more godfathers for this BC newborn?
It’s my baby. I have self-funded this entire project using money that my wife and I had been saving for a future farm. We both believe in this project that we chose together to use our savings to bring this project to reality.

I did some introduction above in my article already. How would you describe NEST platform to the people?
Real estate made simple. We are bringing the opportunity for a safe and stable investment to the masses. Enabling diversity to every investor's portfolio and most importantly transparency.

A lot of people are scared from real estate and mortgage investment companies, don't talk about BC hype (magical internet money) How are you planning to approach these people and get them on your side?
Everyone knows what real estate is and the majority of people we’ve spoken too and know wish they were able to invest in real estate, but can’t due to the high down payment requirements. We truly believe that Nest could foster mass adoption into the blockchain via
a familiar vehicle (real estate).

Nest Platform is an ecosystem. Do you plan to run your MasterNodes?
We were speaking with Samual Reid from Iota about how we could implement that.
However we have nothing in concrete yet.

How can we make money by holding NEST tokens?
Through staking your tokens to earn dividends.

What advantages will nest token user have?
The ability to participate in real estate investing to earn dividends.

What kind of self-audit process are you attending to have?
We plan on hiring third-party auditors.

How many tokens you think will be needed to obtaining a 60 USD per months in dividends?
That is impossible to answer as it will depend on the token holders' own research on which properties to stake their tokens on. Since each property will have different performances and earnings.

You said that you are better than REIT, why is that?
This offers the token holders transparency and most importantly liquidity.

How many BC advisors you have on board?
We are in talks with several peoples and teams but have not committed to anyone due to being overly cautious that they are the right fit for the NEST project.

How much experienced your team is in real estate and mortgage investment area?
Extremely. Combined we have over 25 years. I have 12 years myself. Including running the top real estate team out of 900 agents for three years in a row.

How many years are you interested in BC technology?
I learned about blockchain a little over a year ago.

What kind of building do you plan to buy?
Warehouses, hospitals, shopping centers, hotels? Residential, Airbnb style, apartment complexes, storage units, assisted living centers, professional medical offices, car washes, and anything that matches our goals for returns.


Epilogue

Ok, ladies and gentlemen, that's all for the preview today. As you can see the NEST company looks like a substantial project and their idea is interesting but as always be a master of your lives and do your own research before you are willing to participate. Ask as many questions as you like with a help of their Telegram because that's how this game is meant to be played. It is your money; it's your opportunity also.
You have the idea now, and you also have basic knowledge about prime lending real estate based projects powered by Blockchain. This is meant to provide you with similar services as
a traditional REIT company, but all aspects will be enhanced with the power of Blockchain technology which could be delivered to you these days. Transparency, peer to peer solution, doors to ample liquidity and lower fees.


Go and see more stuff from my library!

My Steem
Tezkatlypoka from Reddit


If You have any questions regarding my article, send me a message in the bottle
(Prefer Tequila) at Telegram or shoot a shouted "Tweet".

Never stay tuned

                                           Mickey
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another nice article and another good project

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