PRESENTATION
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Urbit, whose main goal is to improve the real estate market, implementing the use of the Blockchain, Global Big Data and Cryptocurrencies has arrived.
Check out this video presentation
About Urbit
Urbit Data’s main goal is to improve the real estate market, implementing the use of the Blockchain, Global Big Data and Cryptocurrencies. This industry is still using out-of-date methods and it’s time for a change! Urbit has developed big solutions to this situation.
Mission
Urbit Data’s mission is to create transparency and efficiency in the real estate market. As of today, Urbit Data has already a product which offers adhoc evaluation of any real estate object in the Spanish market. We developed a powerful data collection engine which gathers information from various publicly available data sources and combines them intelligently in order to be able to calculate the value of any real estate property in Spain.
UrBit Ecosystem
Changing the real estate market
Currently, real estate assets play a key role in the economy, since they represent almost 60% of the value of all global assets, which is almost one third of the total value of all the shares traded in the world.
This market lacks transparency and efficiency in the processes of regulation, negotiation and standardization, that’s why a project has been developed with the aim of building an online service that can become the largest real estate management platform in the world: Urbit.
The solution
Knowing the importance of the sector and its shortcomings, the question arises: how does Urbit intend to revolutionize the real estate market?
Urbit is a project that seeks a platform composed of an ecosystem that brings together transparent, safe and high quality real estate services without intermediaries, created through blockchain technology and Big Data.
The use of blockchain or public book can simplify the processes in the sector, avoid fraud, create a digitalization of public records, help in the reliability of transactions, accelerate processes and allow electronic payments using cryptocurrencies, among other attributes of this technology.
In addition, a digital currency called Urbit or URB will be created that can be exchanged freely by the participants of the ecosystem according to the contribution they make with data or services to the blockchain, or they will have to pay fees if they only take advantage of the ecosystem as consumers of the content.
To develop the project, there will be a sale of ERC20 tokens within the members of the Urbit community, initially in the Ethereum blockchain, and the dates will be announced on the website and other Urbit channels.
Changing the real estate landscape
The Urbit team, comprised of experts in the real estate world and Blockchain technology is determined to achieve a stable and advanced Blockchain model using Big Data, and will soon become a reference for the real estate market.
Correcting these problems will benefit worldwide consumers:
No uniform regulatory requirements (compared to equities and bonds for example).
Very low trading frequency due to high transaction costs (10–20%) and to high prices.
Unstandardized assets (each object has different characteristics).
Excessive bureaucratic processes.
Large volume of offline processes using a lot of paper.
Complexity to deal with contracts, documentations and similar.
Rental, purchase or sale procedures may be different from the country of origin.
Urbit Data has the solution to the problems that have plagued the Real Estate Industry thanks to the application of the blockchain technology and the Urbit Big Data Software to offer these advantages at global scale:
Bringing together all real estate services on a platform that allows the verification of property data, improving the accuracy of the data, the reliability of transactions, and the transparency of the market.
Improving transparency, speed and security in transactions, making them cheaper and more efficient.
Reducing risks for investors and users.
Enabling electronic payments using cryptocurrency.
Creating a universal reference system to identify properties.
Increase in speed and reliability in the search mechanisms for real estate assets.
Ease of use for property sale and rentals throughout the whole process.
A much more efficient payment system.
The Urbit team is poised to revolutionize the real estate industry with its blockchain solution. The beta version is live, and users are eagerly waiting for the presale to begin.
The global real estate market is quite enormous, and Urbit is looking to change the entire face of the industry using big data, Blockchain technology, and cryptocurrency.
Urbit is not oblivious to the massive task ahead and has therefore formulated various solutions that would enable it to conquer the world of real estate. Some of the critical features of Urbit include:
– Allowing the users to have access to properties abroad
– Smart contracts-enabled platform
– Urbit has a super fast, efficient and reliable system
– Low transaction fees, fast transaction confirmation time
– Users will be able to download the Urbit big data software, access properties listed on it and get rewarded in Urbit coins
– Urbit offers users best prices on choice properties using data from several real estate data sources.
The Urbit property price valuation tool is the beta version of the one tailored for the Spanish market. It collates real estate data from quite many sources and presents it to users.
This makes it easy for users to get the best deals on properties.
The software gives users various data concerning choice real estates, including:
– Online property valuations
– Sale prices
– Price of Renting
– Property comparisons
– Price history
– Recreation centers and tourist attractions close to each property
– And more.
This important information is presented to the user speedily and they can be downloaded in PDF formats. The service comes at no extra cost.
Urbit Data is built to be the biggest real estate data platform in the world. It will soon surpass Airbnb.
The Urbit data presale is scheduled to begin on June 14, 2018. Quite a vast array of crypto and real estate investors are eagerly waiting for the launch. Early birds will take advantage of the mouth-watering bonuses on offer when the event goes live.
URBIT DATA TOKEN SALE
Token symbol - URB
Token type - ERC20 ETH
Token class - Utility
Total token volume - 600 million fixed cap
Token Sale Stages
Stage 1, Pre-sale: Token sale Price, 0.10$/unity with a 30% bonus.
Scheduled date, June 2018.
Stage 2, Public sale: Token sale Price, 0.10$/unity with up to 25% bonus.
All bonus levels will be announced on the Urbit Data website.
Scheduled date, TBD.
These dates could be modified by operational needs. In this case, new dates will be announced on the Urbit Data website and social media channels.
Urbit Token Distribution and Allocation
RoadMap
Meet The Amazing Team
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://urbitdata.io
Whitepaper: http://urbitdata.io/#nav-whitepaper
Telegram Group: https://t.me/urbit
Linkedin: https://www.linkedin.com/company/urbitdata
Facebook: https://facebook.com/urbitdata
Instagram: https://www.instagram.com/urbitdata
Twitter: https://twitter.com/urbitdata
Reddit: https://www.reddit.com/r/UrbitData/
Bitcointalk: https://bitcointalk.org/index.php?topic=3353363.0
Medium: https://medium.com/@urbitdata
YouTube: https://www.youtube.com/channel/UCJRSNm_SN1v-yzmjdmdBUPg?view_as=subscriber
Author: TheMichaelMatch
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.