Greetings to everybody! Browsing the Internet, I met an interesting project. A very promising one! Overview of the project Westrend.
Westrend is an innovative platform based on ETH Blockchain technology. The main goal of developers is to create a service that will most effectively help to invest their money in real estate. The first real estate market, where the platform will earn, will be the state of California, then India, then Vietnam. Later it will cover the whole world. Developers consider transparency to be the main advantage of the platform.
WES is a token that is capable of being used equally as part of accounting or scope of exchange in real estate relief. Views of this will be next, as well as in what place to apply WES.
How does the platform work?
Everything is quite simple.
1. You create a crypto wallet supporting ERC20 Tokens.
2. You create an account on the Westrend platform and go through the whitelist.
3. You buy Wes Tokens using BTC or ETH.
4. Now you can sell, buy, invest in real estate.
Problems that the project solves
1. Developers created a platform that brings together apartment owners, professional real estate companies and potential customers in one place. To make the platform as convenient as possible for all, they use blockchain technology.
2. The introduction of a common currency for the sale and purchase of real estate. This currency will be Wes Token. Together with the development of the platform, the token will develop, so its price will increase. In the end, the token will become the main tool for buying and selling real estate.
About ICO and tokens
Token sale will be ongoing while supply lasts or upon listing in exchange, approximately October 31, 2018.
1 Wes Token = 0.40 USD. Tokens can be bought anywhere except in the USA and China. At all stages of the sale of tokens there are bonuses. SOFT CAP: 1,000,000 USD. HARD CAP: 10,000,000 USD.
Tokens are distributed as follows: 50% for sales to potential customers, 15% will be spent on marketing and technical issues, 10% saved for the team, 25% allocated for the successful development of the platform.
The money received is distributed shortly and clearly: 25% for development, 75% on the revenue production through Westrend Realty. A portion of 75% of the money received will be used to purchase tokens that were sold during pre-sale, the rest for successful promotion of the platform. More information from the developers would be necessary.
Conclusion
The project is interesting. Very interesting. The problems that he seeks to solve are very relevant. Creating a common real estate market and a common currency for buying and selling real estate is a very responsible goal. In the case of project globalization, the platform will become the main place of real estate circulation. Regarding the rationality of the distribution of funds received, it is difficult to say anything. On the one hand, everything is fine, on the other hand, there are few details. And that's all, wait for the continuation, where I will make an assessment of this project.
Official links to the Westrend project:
Website: https://westrend.io
Telegram: http://t.me/westoken
Facebook: https://www.facebook.com/westoken
Bitcointalk: https://bitcointalk.org/index.php?topic=5037464
Author of the article:
Telegram: https://t.me/Maater
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1839798
ETH: 0xF1d66A7fa0331784325a9B1F8f8d4a9b02a55308