Global REIT – cryptocurrency real estate investing made more simple and easy. Having already raised $12 million worth of their tokens since their ICO launch, this project is making waves! Check their website to follow their token sale progress.
Today, most people want to invest their hard-earned money on just anything that provides returns. It only shows that most of us wants to eventually get rid of our routinary office jobs and be one of those investor giants who let their money work for them.
One of the most common investment that takes the interest of many is real estate. Whether be it a commercial, residential or retail real estate investment, would-be investors would want to take part of this money-making industry.
However, with all the gruesome paperwork, restrictions on lands, lack of investment background and the huge lump of capital needed for the initial investment alone are just some of the many reasons that tend to put off people from investing in real estate.
This is where Global REIT comes in – they aim to provide a more convenient method for both beginners and real estate gurus alike who are interested in investing their hard-earned money on this industry.
But before you get into this new platform, let’s take a closer look on how it works and see if the features they offer would help you in your money-making journey.
The Global REIT Platform
Global REIT (Real Estate Investment Trust) is a blockchain-based Sharia-compliant REIT platform that will provide alternative investment opportunities for real estate investors. The group will utilize the power of the blockchain and cryptocurrency to provide investors a more reliable and easy to manage assets.
The platform serves as a trust corporation that will acquire assets in a global scale and turn it into long-term investments. These acquired assets under management will then generate income coming from rentals, sale proceeds and financing interests.
As planned, the initial Asset under Management (AUM) will have USD 75 million Net Asset Value (NAV). Total portfolio value is expected to grow up to USD 10 billion in 5 years time.
This global setting may seem overwhelming to would-be investors, especially those who are new to the real estate industry, but really, its less complex than traditional real estate investing. With Global REIT, investors can simply purchase their tokens and the group will take it from there.
Also, unlike in traditional real estate investments, investors will not be forced to risk huge capitals to begin their investments. Investors can own small pieces of property from different countries and can simply invest in a property portfolio of their choice. And in return, they will earn a revenue on a regular basis based on the number of shares they’ve decided to own.
How It Works
First of all, there will be two different tokens in offer, GREM and GRET tokens. Each token will have its own role in the system. GREM tokens will allow users to earn revenues from the dividends made from the Global REIT assets. GRET tokens, on the other hand, will serve as the utility token to fuel the ecosystem and as traded tokens on crypto-exchanges.
Having these two different tokens is actually very ideal to users. It will give them the freedom to choose whether they just want to trade or go ahead and tap into investing in the real estate business or do both.
As an added bonus, token holders can avail free stays every year at Global REIT’s acquired properties. However, token holders must have a minimum of 5000 tokens purchased, combining two tokens is allowed, to qualify for this.
And exclusively for GREM token holders, with a minimum of 100,000 tokens, they will have an opportunity to sell their real estate properties to Global REIT.
These minimum required tokens might be a downside for others. However, this only shows that the company is not messing around, they really want serious investors and not just someone who wants take this business like a seasonal hobby – which can be an inviting feature for investors looking for a long-term revenue-making platform.
Public ICO Details
Sale Duration: June 1st to June 30th
Total Number of Tokens
- GREM: 200,000,000
- GRET: 75,000,000
Available Tokens in Public ICO
- GREM: 21,428.571
- GRET: 4,500,000
Price per Token
- GREM: USD 0.070
- GRET: USD 1.000
The Verdict
Same with the other newly launched platforms, the question is – will this work? Well, the idea is not new, same with its industry. Real estate investments are around us, it’s everywhere. And as we all know; a lot of bigshot investors are in the real estate business. The only thing new to this platform is that – it is in the blockchain and uses cryptocurrency, which of course opens a whole new world of opportunities to earn revenues but without the complexity of the traditional real estate investing.
Another factor that would make this very interesting to its would-be investors is the opportunity to have an investment without risking your lifetime earnings – nobody would ever want their entire family broke! So, each token holder can conveniently make small investments on properties around the world and make a regular revenue out of them. And the ones who can shell out for more tokens will reap the added bonus of free stays on those properties and can also sell their real estate asset to the company.
One other thing, if their plan of acquiring their first real estate assets in UAE pushes through and you’re quick enough to grab those tokens in the ICO, then, you might be looking at a possible gold mine.
But like in any other investments, whether be it the traditional type ones or blockchain-based, risks will always be around. But also keep in mind that most rich people were the ones who took those unimaginable risks. Invest on what you think is right and within your means and go from there.
For more info on Global REIT ICO visit the links below:
Website: https://www.globalreit.io/
Telegram: https://t.me/globalreit
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