CROWDLITOKEN - Disrupting Real Estate Market With Blockchain

in crowdlitoken •  6 years ago  (edited)

Real estate market has been one of the fastest growing markets which consists of buildings, lands and other immovable properties. Before now, financing of real estates was done with fiat and bank transfers, and processing of documents relating to real estate has been majorly based on paperwork which is susceptible to human errors and delayed transactions. This led to the idea of incorporating blockchain technology into real estate markets and that was how CROWDLITOKEN began.

[Image Sourced From CROWDLITOKEN. Edited by @samminator]

CROWDLITOKEN is a digital real estate market which is backed by blockchain technology and built on the Ethereum blockchain where people can invest into real estate portfolios of their choice. By investing, I mean staking full or part of their CROWDLITOKEN into a digital asset. For efficiency and maximum risk management, CROWDLITOKEN works on peer-to-peer format where investors share ownership of the properties they invest in. CROWDLITOKEN is run by a Swiss Company; CROWDLI AG and has experts from both the crypto space and real estate with Domenic Kurt as the CEO - no wonder CROWDLITOKEN has blazed the trail by being the first security token to be incorporated into real estate to solve the inherent problems associated with the market [ref: Whitepaper].

CROWDLITOKEN is internally powered by CRT Tokens which are ERC20 tokens. Investing into these tokens will grant you access to choose which real estate property you want to invest (or stake) your tokens in. More so, the entire CROWDLITOKEN platform integrates state-of-the-art security protocols including facial identification systems to protect your tokens from cyber attacks and hacking. Once you stake your tokens, a certain percentage will be paid into your portfolio (which can be monthly or as you have chosen). The payout is made in CRT or Swiss Franc and can be converted into other cryptocurrencies or fiat, or you can re-invest back into the platform to earn bigger rewards.

CROWDLITOKEN has recently secured the partnership of big companies in the crypto space and real estate like: Decentage, Swissfilm, Azemos, Compass Security, Chainsecurity, Gremis, and many others. This is just to prove to you that CROWDLITOKEN has a solid team backing it. One very unique feature about this platform is the transparency it incorporates. Every transaction done on the platform is saved immutably on blockchain and executed by smart contracts, thereby eliminating third party interferences and the inefficiencies they come with, and also reducing the cost of operation.

There are three ways of earning from the CROWDLITOKEN platform for investors. Firstly, they can stake their tokens in real estate properties which will be sold later. When the property is sold, the profits will be distributed to investors (who are also token owners). Secondly, they can trade their tokens on exchange platforms like other cryptocurrencies and earn profits. Thirdly, they can hodl their tokens until the full maturity of the bonds, then their tokens will be repaid with interests. I'm sure you want to see a video representation of how CROWDLITOKEN works, here it is.

[Video Credit: CROWDLITOKEN]

To get started with the platform, you need to go to the CROWDLITOKEN website where you will see the terms and conditions you need to fulfil to become an investor. You can also get the CRT tokens internally from the website. Here's a breakdown of the token details:

TOKENDESCRIPTION
Token NameCROWDLITOKEN
Token SymbolCRT
Token TypeERC20
Minimum Investment5,000 CRT
Value1 CRT = 1 CHF
Option of PaymentEthereum, Euro, CHF
Targeted Volume100 million CRT
Hard Cap200 Million CRT
Soft Cap45 million CRT
To get more information, here are some quick links

Disclaimer: The content of this article is not meant to serve as financial advice, please do your own research.

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