The rental market for real estate has expanded fast over the years as more people opt to rent rather than own homes. Real estate companies must make investments in rental properties to meet this rising demand. Yet, because it can be challenging to finance rental properties, businesses are looking to a number of financial options, including bank loans and mortgages. Although this approach is dependable and straightforward, it could be challenging for smaller enterprises without a strong credit history or sufficient collateral. Also, getting a bank loan can take a while, which would postpone buying rental property. As a result of these issues, a project has emerged to address them, which in my opinion will be an revolutionary project. I welcome you to BEAMPAD.
Details on BEAMPAD:
The traditional approach to real estate investing may be a costly, labor-intensive, and convoluted process. Yet as blockchain technology has grown, new opportunities for real estate investing have emerged. One such instance connects real estate developers with investors looking for chances to invest in high-performing rental properties using blockchain technology. A decentralized platform for crowdfunding real estate is called Beampad. The industry of real estate crowdfunding was transformed by Beampad. Due to its use of blockchain and REATs, it gives investors partial ownership of real estate assets as well as a different means of finance for developers. Beampad serves as a one-stop shop for all requirements related to real estate investing and provides the added perk of property management services.
Real Estate Asset Tokens (REATs), which Beampad sells to investors through an IRO, or Initial REATs Offering, are used to raise money. It is comparable to the Initial DEX Offering in the crypto industry (IDO). There are two rounds of offers in the IRO process. In contrast to the second round, which is offered to all investors on a first-come, first-served basis, the first round is usually set aside for pre-allocated funds. During an IRO, property owners use Beampad's platform to offer REATs to investors. Limited REATs may be purchased by IRO investors who will get rental income. This strategy offers investors the chance to participate in a potentially lucrative real estate deal while also giving them the first-mover advantage.
The Benefits Of BEAMPAD
-Beampad provides a streamlined platform that eliminates the need for convoluted procedures, a ton of paperwork, and drawn-out waiting times, making it simple and straightforward for consumers to engage in rental property transactions.
-Decentralized rental property investment: Beampad makes it simpler and more economical for the common investor to invest in a decentralized rental property, regardless of location or financial status.
-Possibilities for Diverse Investment: The framework provide investors with a range of rental property investment choices so they may benefit from the market's potential growth.
-Beampad uses NFTs and blockchain technology to provide an open and secure investment process that keeps assets safe and transparent.
-Beampad employs blockchain tokens to facilitate a faster exit procedure for investors, enhancing market fluidity and providing easy exit choices for investments in rental properties.
TOKENOMICS
The Beam utility token was created on the Ethereum network. It incorporates all of the features of the ERC-20 token standard and was built using that standard. With a maximum supply of 500 million, the token serves as the utility token that drives the whole Beampad ecosystem. Beam Token is a versatile and priceless utility token that makes a substantial contribution to the growth and development of the Beampad network. In addition to staking and allocation, AI services, rental payments, governance, loans, gas costs, and payment methods, Beam Token provides users with a wide range of real estate investment tools and participation opportunities.
Token name: Beam Token
Token Symbol: $BEAM
Token Sales: 20%
Token Supply: 500,000,000
Concluding, Beampad is a cutting-edge platform that is creating exciting prospects for real estate investors, developers, and property owners. Using blockchain technology and AI, Beampad is creating a transparent and safe investing process that offers predictive analytics, efficient property management services, liquidity, and socially responsible investment opportunities. If investors wish to diversify their portfolios, remove investment obstacles, and boost returns, they should consider the options provided by the Beampad platform.
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FOR MORE INFORMATION;
Website: https://beampad.co//
Twitter: https://twitter.com/beampadco
Medium: https://beampad.medium.com/
Discord: https://discord.gg/UykR74b3rm
LinkedIn:https://www.linkedin.com/company/beampadco
Telegram Group: https://t.me/Beampadco
Telegram Channel: https://t.me/Beampadconews
YouTube:https://www.youtube.com/channel/UCiqVuuyKAGJLgZmZezOZRFw
Author Details ;
BTT Username : Johnson Knight
BTT Profile URL : https://bitcointalk.org/index.php?action=profile;u=2326370;sa=summary
Wallet Address : 0x6830258326195b820D60f100354dadDe57c0bBAf