Real estate is a very important field that greatly influences the development of the global economy. Estimated, the value of this market is more than 217 trillion dollars. There are many who become millionaires, billionaires by investing wisely in this industry. Besides, many people have fallen into the hands of white, homeless, sometimes to find the death to escape debt. Can say that this is a very potential market but also high risk.

Currently, investing in real estate is very difficult. You have to have a decent amount of money, or at least you must have high earning potential or valuable collateral to borrow a good amount from the bank to invest. Along with that, you need to have knowledge as well as experience in the market. Remember, real estate is not for "lambs". These are the first two hurdles when you step into real estate. If you've crossed them, here are a bunch of other things that can cause you headaches. Each transaction, each application, and each approval comes with fees to conclude the process. Broker and agent fees range from 2.5% to as highest as 6%. The fee structure is such that an entire industry is created as a middle layer with brokers, agents, appraisers, surveyors, approvals, etc. Do not forget to pay VAT tax, it is not small. In addition, the real estate industry does not diversify products, once won is a big win and lose is too. While in other industries, you can lose money on this item but you can also take it off with another. And the last one is when you begin the process of foreign ownership of property, you run into expensive setups for an individual and have to consider all costs. There are currency exchange rates, international wire transfers, banking systems, multi-national taxation, accounting, import-export restrictions, regional incorporation setups. If one goes through the process of setting all this up and only acquires one property, it can become expensive to manage. Have you ever thought about a solution for all? That's what I'll say after that.

ABOUT HABIBI COIN

Habibi coin is a real estate backed token with a social philanthropic model being launched as a community solution. Habibi Coin aims to create equal opportunity for anyone to participate in real estate. It also aims to minimize foreign ownership barriers, eliminate interest as well as interest bearing goods and services.

To do this, Habibi coin has built a global platform based on blockchain technology. All property or real estate projects are Tokenization. This means that anyone who owns a Habibi Token has the right to own property. Habibi is clever in that it uses the power of the community to perfect a project instead of having a personal owner. A great feature of blockchain technology is no intermediary. You do not have to deal with middlemen like sales agents, brokers or financiers to allow you to directly access assets and manage them at an almost zero cost. Fast delivery almost immediately. You do not have to wait for the appraisal process, financial setup, paperwork,…With Habibi Coin, the moment you purchase a token, your entire transaction is complete and you own fractional ownership inside the real estate portfolio.

Habibi is creating a lucrative ecosystem by extracting 25% of the funds raised to invest in cash flowing real estate that produce monthly rental income for the portfolio, each token holder can receive the appreciated value of the tokens instantly and monthly cash flow is generated to create monthly appreciation. The value tokens continue to rise incrementally as the cash flow comes in and rising value is backed by the real estate assets in the portfolio from depreciation and volatility.

WHO’S BEHIND THE PROJECT?

Habibi team consist of 20+ people with an extended team of advisory board members and qualified professionals who have extensive experience in the fields of real estate, finance, mortgages, cryptocurrency and blockchain technology. You can find out more about their team and advisory board by visiting the official website habibicoin.io. The following are some members:

Core team

Advisors

CONCLUSION

Habibi Coin was established by Dubai-based entrepreneur Com Mirza , is an alternative to the Middle East for Bitcoin, and is a company capable of introducing Blockchain to the region. In this respect, electronic money is developing that has played a key role in Middle East finance as it has overcome the market by complying with the Shariah Law and allowing Muslims to take advantage of this technology in their own right. to. After all, the Islamic and Shariah teachings lay out clear lending rules that make it difficult for Muslims to pay interest, so Habibi was born to solve the problem. Habibi was used to deny interest payments and some inherent risks associated with asset purchases. Simply put, this new digital currency allows Muslim users to follow their faith while also investing in real estate and similar financial assets, serving as a system. Decentralized payments help eliminate costly and expensive intermediates. I find this to be a highly practical meaning, which is my opinion on this project. If you have an other opinion, leave below the comment section.

USEFULL LINKS

Website: https://habibicoin.io/
Whitepaper: https://habibicoin.io/White-Paper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3264616.0
Facebook: https://www.facebook.com/HabibiCoinIO/
Telegram: https://t.me/HabibiCoinIO
Twitter: https://twitter.com/HabibiCoinIO
Medium: https://medium.com/@habibicoinio
Reddit: https://www.reddit.com/user/HabibiCoinIO/
Author:
Bitcointalk username: kld_hp
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1014734