Atlant - Real Estate on Blockchain

in realestate •  7 years ago  (edited)

So I recently invested in REAL, a real estate crowdfunding platform, and Kexcoin soon.

My affiliate network is currently offering another interesting Real Estate ICO offer: Atlant, which I'm in the progress of doing due diligence on.

Disclaimer: This is no investment advice, use this info to start due diligence before investing

Here's the sales pitch

Advantages for Investors

  • One-time opportunity to become an investor with no minimum amount to invest
  • Investor becomes an owner of individual real estate assets
  • Very clear and innovative concept: transparent and liquid real estate trading, low cost hotel and apartment rental system
  • Powerful and highly-experienced team of project
  • The proceeds of project will be split equally for each token lifetime
  • $1.5 million raised at the presale
  • Decentralized store of asset ownership or rental agreements guaranteed by the blockchain
  • Real estate assets are tokenized and freely tradeable on digital asset exchanges
  • Transaction settlement and ratings are confirmed on the blockchain and cannot be modified after creation to eliminate disputes and improve real estate market efficiency
  • Investment is denominated in divisible tokens, enabling users to diversify their asset holdings and invest with even modest portfolio size.
  • Overhead is eliminated and users pay substantially lower commissions on both purchase and rental transactions processed via smart contracts.
  • Buyers and sellers are able to trade property tokens without causing substantial changes in asset prices.

► Website: Click Here
► Whitepaper: Click Here

Affiliate Offer

Via RunCPA, 8% Revenue Share

Do you think Atlant is a good investment? Would you invest in Real Estate on Blockchain?

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The idea could potentially be interesting whereas I consider ICOs mostly a scam procedure to get some quick buck.

I don't do ICO's either, no matter how good they look. It's better to watch and wait for it to actually come out.

This better not turn into a thing where some random people show up on my door with a paper saying "we're here to take your home" cause 200,000 people have shares of my land on some blockchain out there that I didn't even know about....

I've never heard of anything like this before. Thanks for writing this post.

i think its a good one
i will love to give it a trial

"Real", but which real?

The "Real" in real estate is the same real as in El Camino Real. (The road of the kings.) So real estate means the kings estate. So, you actually do not own anything. And no, nothing has changed the crown still owns all of the land. You are just renting it from the crown. In The US you are actually renting it from the Queen of England.

Real estate renting is a very hands on kind of enterprise.
I haven't seen anywhere in this post about who is going to be the property management service. (Or how to apply if you are a property management service) So, I feel this looks like a property management service who has made a crypto to get more tiny investors. As in, tiny investors don't complain much because they do not have much stake... and there is lots of them so voices get drowned out.

Further, real estate is about to crash big time. Natural disasters, economic upheavals, destruction of the mortgage industry, huge dark inventories are all coming to the housing market.

The only property I would invest in right now is arable farm land that you will farm or homestead.

"Do you think Atlant is a good investment? Would you invest in Real Estate on Blockchain?"
No..and no. Blockchain is useful in the title and record keeping aspect of real estate, no doubt there, but this oversimplified co-ownership idea on properties is full of problems. it always has been. Blockchain doesn't make fractionalized ownership of property a new concept

not a new concept, but much cheaper compared to traditional estate crowdfundings