IAT: Global tokenization of the real estate market

bakso.super (44)in #ico • 6 years ago (edited)

Real estate today is considered the most profitable asset, as well as the real estate market as a whole. Including all its participants, including buyers, sellers, owners, brokers, realtors, real estate managers, landlords and tenants, as well as all transactions - purchase, sale, rent, etc., the market capitalization of the real estate market reaches $ 210 trillion, and 75% of this amount is the relationship around residential real estate.

As it turned out, to become a full-fledged part of the real estate market is not so simple, due to certain barriers and difficulties, due to which many are forced to abandon such a promising way of investing. But, fortunately for such users, June 15 kicked off the Crowdsdale project IAT , the creators of which developed a solution to the problems that arise in the real estate market, including potential.

We tried to learn about IAT as much as possible, so we hasten to tell you what is his decision. In this article, we will talk about the project in general terms, in the next - find out what barriers and problems have been formed in the market and how they can be solved with the help of property tokensisation, and finally we will consider options for applying the IAT solution in real life.

The idea of the project

The essence of the IAT project is to create an IAT Platform that will use the capabilities of the IA Tokens (Instant Assets Tokens) lock and tokens technology as a form of property tokensis to provide market participants with the opportunity to safely, transparently, quickly and cheaply conduct transactions with real estate, or any restrictions.

Project estimates from such expert sites as ICObench, ICOlink and TrackICO do not drop below 4.3. This can only say that the public trusts the project, considers it promising and capable of influencing the situation in the real estate market, eliminating all kinds of barriers for its participants.

In April of this year, IAT attracted 1,000 agents and brokers, as well as 1,000 real estate owners. Now, after holding the presale, public sales of IAT tokens started on June 15, which we'll talk about further. After the necessary investments have been collected and tokens have been sold, the developers of the platform will be engaged in its direct development, due to which already at the beginning of next year the IAT web portal will be officially launched.

The IAT web portal will be initially tested as a beta version in which users from the property owners, agents, brokers, customers and all other IAT token holders will be able to receive all the necessary tools for property tokenization and market operations. The platform will function both on PCs and on mobile devices, so participants will have access to it 24 hours a day.

The role of tokens

On the IAT platform, tokens will play a key role, as they will act as a form of immediate tokenization of real estate. These are ERC-20 compatible tokens that can be stored on both the IAT platform and third-party wallets that support the ERC-20.

Potential IAT members will be able to purchase tokens either during the month during the ICO, which, as we have said, started on June 15, or starting from the third week after the end of the crowdsdale - through the crypto-exchange exchanges. But you need to take into account the fact that the market value of IAT after the public sale will increase, and kraudsail itself may end prematurely if all tokens put up for sale will be sold.

The IAT solution also provides for such a notion as NIAT (Native Instant Assets Tokens). These are also tokens, which are equivalent to IAT tokens. Each individual NIAT will be tied to a separate real estate market around the world, that is, to a specific country. Moreover, each category of NIAT will be tied to the national currencies of these countries, so each of them will have its own token for the tokenization of real estate.

NIAT tokens, which will be used separately in different countries, can be purchased exclusively using IAT tokens. As a result, the acquired NIAT will function for carrying out various kinds of operations in the real estate market.

Now it is clear, in what way the creators of IAT have gathered to carry out the tokenization of the real estate market, but what problems will it solve and how can this be used? We learn in the next part of the review.