It is a real estate platform with a difference. Taking advantage of the power of fractional ownership, any property can be divided into blocks of different sizes that offer investment opportunities from £ 50 to £ 50,000. There will be a monthly return on profit that is directly related to the size of the investment. Our mission is to reduce costs and improve the efficiency of real estate transactions by giving everyone the opportunity to buy, sell and invest in property and gain access to the real estate scale with a trend reversal never seen before. ELAD Network will combine Blockchain, Smart Contracts and Artificial Intelligence technology to create a cryptocurrency and a real estate platform that will give everyone access to the liquidity of Real Estate, the largest asset class in the world.
Information on the ELAD network
Shelter is a basic human necessity. The demand for shelter and work feeds the largest asset class in the world and generates huge cash flows from all directions. Copious amounts of this fair income and profits flow into intermediaries and large corporations, causing delays, inefficiencies, excessive costs and barriers to entry. This creates many problems for cross-border applicants, owners, tenants, investors and buyers. Most investments are made through large multinational companies, thus limiting access to the average person or investor.
The total values of the real estate world grew by 5% in 2016. The GDP grew by 2.3% in 2015/2016, which means that the value of world real estate has grown faster than its income. The world now owns real estate for 2.8 times its annual income (GDP). This real estate asset-to-income ratio increased from 2.7 in 2015 and is still growing, which means that not only the scale of the property has grown out of reach of some, but now it generates more money as assets, stock appreciation and annuity , compared to the average salary. In 2016, World Research reported that global real estate values amounted to $ 217 billion. Our research in 2017 shows that the figure has increased. Global asset price inflation has now increased to $ 228 trillion at constant prices - a 5% increase in real terms.
The global real estate sector is a class of assets more valuable than all the shares, shares and securitized debt put together, which together amount to 170 trillion dollars. The value of all the gold ever extracted in history becomes even more insignificant at only 6 trillion dollars. The market value of real estate in the United Kingdom is £ 1.662 billion, or 21% of total net wealth. Buildings contribute £ 94 billion to the UK economy - 5.4% of GDP.
How the platform works
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The ELAD network is dedicated to using cutting-edge technologies to create new possibilities. The way we trust, connect and exchange with others has changed for the better. Our vision is to decentralize commonly used real estate transactions. It will make the whole process transparent to give ordinary people the chance to be part of the business that has traditionally been held behind closed doors.
Problem
Buying property can be time-consuming, expensive and hard work. Profit can be lost due to information asymmetry between investors and agents, as well as costly rates and limited availability. The sale is also influenced by internal programs, medical malpractice, scaremongering and out-of-contract monetary incentives for agents, which cause the sale of properties in value or prevent access to the market and the achievement of maximum potential. Some agents discriminate against potential tenants due to unreasonable and unfair criteria such as marital status, while others simply require access to owners.
Solution
Timeshare real estate will offer easy access to real estate investments, including long distance, overseas and crowdfunding opportunities. Sellers will be able to sell properties for a small fixed commission of 0.25% through the secure online platform. The Elad platform will provide relevant information and tailored research for real estate agents to save valuable time for both parties. The global nature of the platform will allow easier rental abroad. Automated payments through smart contracts and P2P contacts will eliminate third parties.
ELAD Token
The ELAD token complies with the ERC20 standard and will be implemented on the Ethereum network, can be used as a value deposit or as a medium of exchange such as bitcoins and many other altcoins.
ELAD tokens can be purchased with both fiat and cryptocurrencies and can be exchanged and stored via exchanges like other altcoins.
The ELAD tokens will be converted into EQ currencies on the ELAD platform to allow investors to participate in fractional ownership and crowdfunding of real estate. (see the complete paper for further details).
ELAD tokens will be intrinsically supported by tangible resources, establishing ELAD as a secure cryptocurrency for value storage and a medium of exchange.
We believe that the relationship between market appreciation and compound interest will allow ELAD tokens to acquire intrinsic value and support the new asset class by decentralizing the real estate market.
FURTHER INFORMATION VISIT LINK BELOW:
WEBSITE: https://www.elad.network/
MEDIUM: https://medium.com/@elad_network
LINKEDIN: https://www.linkedin.com/company/eladnetwork
TWITTER: https://twitter.com/elad_network
TELEGRAM: https://t.me/elad_ico
FACEBOOK: https://www.facebook.com/ELAD.Network/
Author
Profile link: https://bitcointalk.org/index.php?action=profile;u=2041497
ETH: 0x50DEA5b27Cd71AA2988C859669E378d4D8b9aB1D
