Alt.Estate: Blockchain Platform for Trading and Tokenizing Real Estate

in altestate •  7 years ago 


Real estate is a big source of wealth in the world. This business is only available to few rich people, this wealth opportunity cannot be utilized by a middle-class person in the society. What is Real estate?
Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings, or housing.

ALT.ESTATE

Alt.Estate is a blockchain platform to trade tokenized real estate. It allows anyone to easily build their own global portfolio of the best properties worldwide and become a real estate tycoon. The Alt.Estate team, with $400m worth of real estate deals in 2016, includes professionals with a strong background in investments, finance, marketing and operations. We are supported by advisors with worldwide expertise and transactions in real estate worth more than $3bn.
source

Alt.Estate have a platform that will allow user to invest in real estate for as small as possible, unlike the traditional real estate investment where you can invest in real estate if you cant buy the full property. But Alt.Estate makes it possible for individual to buy part of a real estate opportunity by tokenizing the real estate business.

ALT.ESTATE AND BLOCKCHAIN

Alt.Estate will utilize the blockchain technology in tokenizing the real estate business. This will make it fast and secure for investors. Alt.Estate pushes the real estate market to become truly peer-to-peer. The transition from a centralized system to a decentralized one must be smooth to mitigate implementation risks. The integrity of the Protocol can allow two parties to make a deal without the intermediation of a third party, or to use a third party when necessary.
Alt.Estate Protocol will also eliminates third-party brokers, lawyers and banks by adding them to the network or assuming their functions such as listings, document flow and payments. Standard registration of the title of deeds with notarized documents could take up to 60 days. An Alt.Estate transaction can take less than 10 minutes.
Alt.Estate has the potential to greatly reduce transaction fees by eliminating third-party intermediaries and overhead costs for exchanging assets (up to 30% of property price). The Alt.Estate trading fee is 2% (a reduction of up to 15-fold compared to a traditional real estate transaction), which can be further reduced as the network grows.
With the utilization of the blockchain technology also comes the Alt.Estate vision to promote the blockchain technology and allow more public acceptance of the new technology. If the most popular business is tokenized and is based on the blockchain people will be able to see the good in it and more people will troop into the crypto world.
With this Alt.Estate will also hedge over the traditional real estate investment in mant ways:

ALT.ESTATE PLATFORM

  1. Developers, brokers, investment companies, and any other property owners list their properties on the Alt.Estate Platform and/or their own websites for tokenized sale
  2. Property-specific tokens are issued and sold to the buyers
  3. Property-specific tokens are traded in the secondary market in the Alt.Estate Platform or any other exchange, or in peer-to-peer deals
  4. All tokenization, transaction, management and any other fees are payable exclusively with ALT tokens

ALT TOKEN

The ALT token is a pure utility token used for several specific functions within the Platform.
TOKEN DETAILS

TokenALT
PreICO Price1 ALT = 0.00001 ETH
Price1 ALT = 0.00001 ETH
BonusAvailable
BountyAvailable
MVP/PrototypeAvailable
PlatformEthereum
AcceptingETH, BTC
Minimum investment0.25 ETH
Soft cap1,000,000 USD
Hard cap30,000,000 USD

ICO DATES

2018-04-17 - 2018-05-15

FOR MORE INFORMATION
WEBSITE
WHITEPAPER
FACEBOOK
TWITTER
TELEGRAM

Thanks for reading I’m Samkol on Bountyhive.io

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With Alt.Estate, we will experience an faster and secure transaction.

This is awesome and great

blockchain platform to trade tokenized real estate. Sounds great

This is a good project. With a great hard working team I'm sure this project will be a trusted success.