SMARTRealty is revolutionizing the real estate industry by applying smart contract technology to common property transactions such as lease contracts, real estate sales, etc. SMARTRealty is building a Mold and contract management systems are smart to use with all types of real estate transactions as well as real estate and real estate leasing platforms interact with all listed services. Real estate on the web.
The SMARTRealty system has three main elements:
SMARTRealty contract platform - The contract platform consists of a template system that allows contract creators to create SMARTRealty smart contracts that match their specific transaction requirements and adhere to local laws for their jurisdiction.
Platform listing SMARTRealty - SMARTRealty's platform listing will allow property owners to list their properties for rent or sale, and will distribute this list to many other real estate and rental sales sites across the web.
Token RLTY - Token RLTY is an official SMARTRealty token for use with SMARTRealty smart contract. Payments can be made in the main currency (crypto and fiat), but will be automatically converted to RLTY tokens so payments are recorded and tracked correctly.
HOW TO WORK SMARTREALTY
One simple example of how smart SMARTRealty contracts can be exploited.
Two Parties Agree to Invest Using SMARTRealty
This can be for the purchase and sale of a piece of property, or a simple one year lease agreement. The parties use the SMARTRealty platform to substantiate the terms of their agreement in SMARTRealty's smart contract, which includes any terms and conditions agreed upon by the parties, including the date of payment to be paid, the amount due, the length of the agreement, the fine for noncompliance, etc.
SMARTRealty Contract Managing Relationships between Parties
The paying party may make payments using ETH, BTC, LTC, USD, EUR, or many other currencies, which will automatically be converted to RLTY tokens and applied to the SMARTRealty contract. Payments can also be made directly with the RLTY token, if preferred. The contract may even be 'pre-programmed' to automatically serve notice in the event of a breach, or to terminate after the expiration of any term, or any protocol agreed by the parties at the time of contracting and / or required by local law.
SMARTRealty Contract Executes and Deal Closes
After any last payment or any variables approved by the parties, the contract will be executed and, after expiration, the transaction is completed. Upon expiration, the necessary filing may be made or, if the lease agreement, the lease may be terminated and any security deposit is returned in accordance with the terms of the agreement. The contract may even be set to renew automatically, if necessary, or new terms may be negotiated and new contracts executed, if the parties agree.
INITIAL TOKEN OFFERING
An Initial Token Sale is an event in which an organization swaps all or part of an amount of blockchain-based tokens for other cryptocurrencies in order to raise funds. Token holders are incentivized through loyalty rewards based on the amount of tokens owned. The potential increase in the value of the token, due to its usability for various different applications, is also a driving incentive for participants.
We believe that token sales are the future of sales crowd. This token sale also represents the perfect opportunity to invite people, especially from the world of blockchain and cryptocurrencies, into the SMARTRealty community and enable them to take part in our success story by contributing to all aspects of the project, from product development to marketing to strategic partnerships.
The SMARTRealty token is called RLTY. Our pre-sale period is ongoing now, and the official public token sale begins on February 15th, 2018 and will last for 90 days. Anyone participating in the pre-sale is entitled to a bonus of up to 50%. There are 500,000,000 RLTY tokens. 20% of those tokens are allocated for the pre-sale, and 20% are allocated for the actual ICO period. The total RLTY token allocation is as follows:
Our Roadmap
For More Information:
Website :http://www.smartrealty.io/
Whitepaper :http://smartrealty.io/whitepaper/
Facebook :https://www.facebook.com/SMARTRealty-1877878195858356/
Twitter :https://twitter.com/rltytoken
Telegram :https://t.me/joinchat/BaF91g_sD4e0Jrmv5Idisg
By: larrybabs
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