ATLANT is a blockchain platform, designed to work with real estate in the modern market. One of the main directions of this platform is the work with the rental of real estate. The blockchain technology used in the implementation of transactions, intends to change the fundamentals of title insurance. Its purpose is to simplify complicated checks of public records when executing transactions with real estate to confirm legal documents. At the moment, the blockchain in the issues of working with real estate is just beginning to develop. The ATLANT platform is determined to globalize real estate transactions for this technology by tokenizing large immovable property assets and introducing changes to the rental market. https://atlant.io/
The basis of work on this platform is the release of ATL tokens through the ICO procedure. This is an absolute advantage of the system, since the transaction executed through the server becomes secure in terms of clearance protected from unauthorized access, and all intermediaries are excluded, which makes the transaction economically viable.
The launch of the platform is scheduled for November 1, 2017. To date, almost 5.4 million dollars have been collected. ATLANT is available in English, French, Spanish, Russian, Japanese and Chinese, which greatly simplifies the search for real estate abroad.
The ATLANT platform is the first platform that works through the Ethereum network in the real estate market. ATLANT has its own cryptocurrency - ATL tokens. The minimal goal of the project is to collect $ 6 million. For 1 ETH, you can purchase 505 ATL.
ATLANT platform offers the implementation of two types of transactions - P2P Rent and Tokenization of real estate.
The most simple and affordable way of renting real estate is to carry out P2P lease transactions. The chronology of a transaction is pretty simple and always takes place according to one algorithm.
When choosing a planned property for rent by location, cost and other parameters, an object is booked with advance payment to guarantee the reservation. The ATLANT platform provides a large selection of objects. In the time designated for an arrival, a tenant of the property arrives at the facility.
The ATLANT platform guarantees the release of only the inspected objects, so a tenant can be at ease when renting an object. In case of disputes, ATLANT does not abandon its customers, both tenants and owners can always turn to the Arbiter for help. The arbitrator in this system is designed to promptly resolve issues in the case of controversial situations between a proposed offer and expectations. In the event that one of the parties remains dissatisfied with the decision of the Arbitrator, then it is possible to give a decision for revision to the next virtual instance - the SuperAbiter, whose decision is already final. https://atlant.io/
Thus, the "P2P rental" option on the ATLANT platform is a procedure for interaction between a tenant and an owner without intermediaries with a transparent system for publishing reviews of only real people who have made the transaction.
More complex work with real estate is carried out through the tokenization of real estate, which is aimed at increasing the liquidity and transparency of a transaction. The essence of this procedure is to convert the value of real estate into tokens and place them on decentralized token exchanges with subsequent implementation.
The process of property tokenization starts with the sending of an application for this procedure, which indicates the main parameters of an object such as location and price. The ATLANT platform checks the correctness of the reflected information. Then the stage of legal verification follows with the participation of a professional lawyer who conducts the analysis of an object for compliance of the specified information with documents.
Once the legal stage is successfully passed on the ATLANT platform, the company that owns a facility is formed. This procedure is called SPV. The formed company is tokenized into many parts with the calculation of 1 token per 1 mm2. This relationship between the unit of real estate and the token is legal. The company’s tokens are called Property Token Offering. They are released on the server where individuals or companies can purchase them before they reach the required amount.
At the moment of reaching the required amount, all investors participating in the project can receive their tokens within the RTO framework. Payment to a seller involves the transfer of $25m or equivalent in the cryptocurrency. From this moment, listing starts on the exchange, where anyone can buy, sell their part of the already purchased property. When there is a buyer or seller, a transaction and the receipt of income takes place. It should also be noted that revenue can be obtained not only through the release of the tokens, but also by changing their value for an object.
Thus, ATLANT, operating on a modern blockchain platform, is a new provider of services in the real estate market with a low commission that specializes in working without intermediaries.
Home page: https://atlant.io/
White paper: https://atlant.io/assets/documents/ru/Atlant_WP_publish.pdf
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Its a nice project
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you! Yes, very interesting project!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Welcome
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit