SATIN Offers Something Unique For Real Estate

The tokenization of Real Estate can open the door to a more accessible and affordable market. Tokenization allows companies to create a decentralized means of payment for Real Estate assets, as opposed to the traditional way of selling property. Tokens represent shares of a property, and one share represents one square foot or square inch of the property. As such, a single digital asset can represent many different properties.Using blockchain technology and cryptocurrency in the real estate industry could transform this sector, opening up new markets for investors and creating a new class of investors. While blockchain has been subject to a significant amount of resistance, its promise to revolutionize real estate transactions has already prompted a slew of platforms, investors, and sales around the world. In fact, blockchain is a promising alternative to conventional real estate.

Why SATIN Is Ideal For Real Estate

Traditional real estate transactions typically involve multiple players, including brokers, lawyers, and banks. But with the help of blockchain technology, these players can be cut out, giving buyers and sellers better value for their money. In addition to saving on commissions, decentralized payment services can speed up the transaction process. The advantages of using blockchain in the real estate industry include lower costs, increased transparency, and greater efficiency.While real estate has been characterized as an illiquid asset, the use of blockchain in this industry is already becoming commonplace. With blockchain technology, users can tokenize their assets and sell them for cash in a short period of time. Tokenization will also give the real estate industry more flexibility to innovate by providing a decentralized means of payment for Real Estate assets. The decentralized nature of the SATIN platform is ideal for the real estate industry, as it will bring a new level of liquidity and transparency to the real estate sector.

WHAT MAKES SATIN DIFFERENT? WHY NOT USE OTHER TOKENS DO TO THAT?

Well, the person who is asking this wrong for many reasons. We bring forth some of the main arguments as follows:
∙ Most of the crypto currency coins and tokens are developed on the Ethereum blockchain which currently has tremendous gas (transfer) fees. As we’ve seen, at the moment of drafting the current whitepaper (8th of October 2021), GWEI fees on Ethereum blockchain is approximately USD 80. SATIN is developed on the BEP-20 standard meaning the same transfer would only cost you USD 0.16. Need more reasons? We got you!
∙ SATIN will be implemented on websites that sell real estate and other tangible assets as a mean of direct payment. This means sellers can directly pay with SATIN to promote their ads and buyers will be able to directly acquire the property form a seller which already has a SATIN wallet. In other words, SATIN is tapping in a niched target audience.
∙ “Ok but why not simply buy it with Bitcoin”? Because Bitcoin, however powerful at the moment, is designed as a revolutionary act to defy the centralized financial institutions and authorities, it is a anti-censorship coin which has other visions and goals than a specific token like SATIN. The developers of SATIN will constantly grow the affiliates and partners network in order to specifically target Real Estate purchases and other tangible assets, while Bitcoin still remains for many an investment plan, viewing it as a security token rather than a utility one. People simply invest in Bitcoin hoping to grow their investment while “HODL”-ing.
∙ Other reasons Bitcoin is not very effective in Real Estate transactions might include that its total market supply is 21,000,000 and it’s value has gone up so much that if you buy an asset you can spend 0,24345 BTC. SATIN has a total market cap of 45bln. Making it’s supply more easy to hand e when transitioning goods,
∙ “The future belongs to the brave” – Ronald Reagan. By stepping in the SATIN community early on you will have the chance to be part of an amazing community and a long-lasting development. However, please note that SATIN does not represent a guaranteed unicorn project and we don’t want to advertise is at such. By investing in SATIN you have our promise that we will do our best in order to develop the community and the SATIN token, but please also observe the volatility of the crypto environment.

How It Helps

The advantages of using blockchain in the real estate industry include increased transparency and security. Unlike traditional banking practices, the decentralized nature of blockchain allows users to avoid the need for expensive legal fees. The blockchain also provides the security that comes with a centralized system. While this approach has its advantages, the blockchain still needs to work. This technology has the potential to revolutionize the real estate sector.In the real estate sector, the use of blockchain technology is becoming more common. In addition to reducing fraud, SATIN helps users secure transactions through a decentralized network. The use of blockchain can eliminate the need for traditional agents, lawyers, mortgage underwriters, and other 3rd party intermediaries. Investing in real estate is no longer a risky venture, and SATIN is already a great way to invest in Real Estate.

Is SATIN a utility or a security token?

This question definitely is on the minds of especially U.S. Citizens, since the SEC authority decided to impose heavy regulations of the security type tokens, whilst leaving utility tokens be for now. This may be the case in other jurisdictions. We present to you the famous “Howey Test” that identifies a security asset: SATIN does not rely on the efforts of others but on each of its holder’s financial conduct and what assets they choose to buy with them. Another point we would like to underline is that, while the token is obviously going to go up in value, it will do so as a result of the assets it has been leveraged/bought with and not solely of the marketing of the developers or being a common enterprise. Given the above, one can note that, as opposed to a security token, SATIN does not rely on the efforts of others but on each of its holder’s financial conduct and what assets they choose to buy with them. Another point we would like to underline is that, while the token is obviously going to go up in value, it will do so as a result of the assets it has been leveraged/bought with and not solely of the marketing of the developers or being a common enterprise. Last, but not least, real money (fiat) or other crypto currencies are not “invested” in SATIN, but are exchanged with SATIN through regulated or decentralized exchanges. For the reasons described above, SATIN strictly detaches itself from being a security token. Nevertheless, since SATIN can be obtained in decentralized exchanges by various holders, by acquiring SATIN, you hereby declare that you have reviewed your country’s internal regulations and laws and hereby comply with then concerning AML, KYC and Tax.