The Real Property Token platform is a platform that works with real estate through P2P transactions with maximum return to the token owners participating in projects with high profitability.
The Real Estate Token platform is going to generate rental income and increase the value of real estate through investment. The Real Property Token platform simplifies the process of real estate transactions by uniting property owners with investors. A user is able to invest any amount of money through the platform. For example, when a real estate object is leased by a investor, he/she will receive a proportional part of the profit from this transaction.
The platform has its own cryptocurrency that has the same name - RPT. Platform tokens are based on ERC-20 standard. Each user is able to invest RPT tokens in the rights to the share of the chosen real estate object (these rights are called "Real Property Participation", abbreviated RPP). Platform users can offer their RPPs to other users. The commission on the platform is 10% of any revenue transaction. Currently, pre-ICO is launched where it is possible to purchase 3600 RPT for 1 ETH. Moreover, there is a 20% discount on the platform tokens. The preliminary token sale lasts until December 11, 2017.
The main crowdsale starts on December 11, 2017 for one month period (until January 10, 2018). As far as the basic sales concerns, it will be possible to purchase 3000 RPT for 1 ETH. All unrealized tokens will be destroyed after the completion of the ICO.
The goal of the Real Property Token platform is the introduction of innovative solutions on a global scale, which reduce commission payments for real estate transactions simultaneously introducing a wider audience to the platform. It is possible to execute any transaction that is usually performed using fiat.
The main advantage of Real Property Token is the ability to conduct P2P transactions. The platform participants will be able to take part in projects with affordable pricing policy in relation to real estate.
The first projects have already been developed and will be available to the token owners as soon as the sale of the cryptocurrency is completed, making it a subject to the regulatory and legal aspects of the transaction. The platform provides training for all participants in real estate transactions, as well as seminars for the general public, with the aim of disseminating knowledge in the cryptocurrency field, with an emphasis on working with the platform. Master classes will be available to participants who want to learn how to make profit through crypto conversions. Also, the platform allows cryptocurrency mining, which represents an opportunity for the token holders to participate in projects with innovative solutions for developing alternative energy sources that bring profit to all project participants. The platform works on the blockchain technology with the use of smart contracts, thus, eliminating the need for intermediaries in the transaction, for example, in lawyers or bankers. As a result, transaction costs are reduced and a seller's profit grows.
All transactions on the platform are safe and secure. If a user wants, he/she is able to get advice from leading experts in the field of finance, real estate, the legality of the transaction on the platform. All specialists have knowledge in the field of work in the cryptocurrency market besides their professional knowledge.
The project has been developing since 2016, starting with analyzing the real estate market, conducting test transactions, developing a peer-to-peer platform, creating a cryptocurrency.
After the cryptocurrency sales is completed on the platform, it is planned to launch training on real estate issues and work with the platform, launch the first real estate projects, launch its own crypto tools on the platform, launch the platform in P2P format.
Summarizing the data on the project, it can be concluded that the platform has a large amount of fees, although it was announced that the platform, on the contrary, is intended to reduce commission charges and increase investors' profits.
Website: https://www.rptoken.io/
Whitepaper: https://irp-cdn.multiscreensite.com/cc677c49/files/uploaded/RPToken%20Whitepaper.pdf
Author: https://bitcointalk.org/index.php?action=profile;u=1057545
nice!
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excellent project !!
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