The real estate world values have over time grown by 5% in 2016 with the GDP growing by 2.3% in 2015, which translates to the real estate asset value growing faster than its income. This ratio continues to grow meaning not only has the property ladder grown out of reach for some people but it also now generates more money as an asset in equity appreciation and rent than the average wage.
THE ELAD SOLUTION.
ELAD network looks to transform investment strategies and the real estate market as we all know it.
Customers.
Through utilizing blockchain technology, smart contracts, artificial intelligence, and innovation, ELAD network’s equity ladder has created a digital currency and real estate portfolio to band together the liquidity of the world’s largest asset class with the velocity of the newest. Various real estate transactions will be carried out through the ELAD network platform, be it conventional purchases and sales of property or crowdfunding multi-million-dollar investments. The platform will combine peer to peer exchange and investments in one place thus opening doors, lowering costs and minimizing barriers for all.
The ELAD token.
These tokens will be used to take part in the exchange of real estate or capital and are how returns are earned on the property. This token is ERC20 compliant and is deployed on the Ethereum network and can be used as either a utility token or for storage value. You can be able to acquire the token through buying it with both fiat or digital currency, and it can be traded and stored on your wallet or exchanges like any other altcoins. The ELAD token can be converted to equity (EQ) coins on the platform enabling investors to take part in fractional ownership and crowdfunding of real estate on the blockchain.
The EQ Coin.
This is an ERC20 token which can be acquired only on the ELAD network property platform. As a security token, it contains features such as the ability to clone itself at a given block count (only by a member of ELAD tech ltd), effectively create a utility version of itself. This ability to create clones of itself becomes useful to implement features such as voting mechanisms that will be heavily utilized on this network. The platform’s smart contract will generate separate coins for each property, thus enabling a clear differentiation between separate entities and investments. ELAD tokens are exchanged for EQ coins on transfer of the property asset to facilitate fractional ownership on the platform. This coin will be used to establish market caps on individual properties, calculate investor percentage ownership, and protect investors from fluctuations in the cryptocurrency price.
CONCLUSION.
ELAD Network has developed an online real estate platform that combines blockchain, smart contracts, and Artificial Intelligence technology to dramatically alter how we buy, sell, exchange and invest in property all over the world. The network platform’s main objective is fractional property ownership through the use of equity coins (EQ coins). In collaboration with various government organizations, the platform looks to achieve this mutual goal. With ELAD, you get connectivity across payments networks, instant settlement and lower operational and liquidity costs.
Official resources of the project ELAD NETWORK:
🔗 WEBSITE: https://www.elad.network/
🔗 TELEGRAM: https://t.me/elad_network
🔗 WHITEPAPER: https://s3.eu-west-2.amazonaws.com/elad-public/ELAD+Network+White+Paper.pdf
🔗 BOUNTY: https://bitcointalk.org/index.php?topic=5149525.0
🔗 ANN THREAD: https://bitcointalk.org/index.php?topic=5168570
🔗 FACEBOOK: https://www.facebook.com/ELAD.Network/
🔗 TWITTER: https://twitter.com/elad_network
🔗 MEDIUM: https://medium.com/@elad_network
🔗 LINKEDIN: https://www.linkedin.com/company/eladnetwork
🔗 INSTAGRAM: https://www.instagram.com/elad_network/
🔗 YOUTUBE: https://www.youtube.com/channel/UCR7ND1pm3A1TeTYEB4QxWUA?sub_confirmation=1
★ Author: jamesndungu1
★ BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049
★ All Images credited to ELAD NETWORK
