Alt.Estate new type of platform to the globe. That is financial technology company providing a new reliable solution for real estate tokenization. Alt.Estate Protocol provides service to the technology, corporate structure and legal compliance aspects of tokenization. The Protocol will provide users a turnkey solution for anyone who wants to tokenize real estate, from developers to individuals. The Protocol is well-established to become the new standard of the industrial world. That provides the marketplace for primary sales and secondary trading of tokenized assets. The Platform enables users to trade real estate in fractions with higher liquidity and lower costs.
PROTOTYPE
Alt.Estate is the first real estate tokenization project in the world with a working prototype. people will be able to purchase a tokenized property by using this Platform before entering the token crowd contribution.
FUNCTIONS OF BOLCKCHAIN
Decentralization
This makes peer-to-peer real estate market and that enables users to make a deal with two parties without any intervention of third party.
Faster Transactions
Protocol eliminates all third-parties And it speed up all transactions. Alt.Estate transaction will take less than 10 minutes.
Lower Costs
Alt.Estate has a good chance to greatly reduce transaction fees because it doesn’t have intermediate parties. So, It has been eliminating third-party intermediaries and overhead costs for exchanging assets (up to 30% of property price). The Alt.Estate trading fee is 2%.
Liquidity
Real estate owners can reach to both fiat and cryptocurrency investors without traditional cross-country boundaries, which highly speeds up the property sales process. Property-specific token holders are able to trade them in the secondary market within the Alt.Estate platform or wherever they want.
Tokenization
Fractional ownership can purchase real estate with a smaller ticket. Property-specific tokens are customized for each property and legal power. Vendors receive a flexible sales instrument, and buyers will be able to choose from a wide variety of real estate opportunities without traditional cross-country boundaries.
Transparency
Ownership and transaction data can be accessed from all peers on the network. It is stored in the distributed web and hashes are recorded to the blockchain. The distributed or spread consensus is gained via a proof-of-stake algorithm. Buyers and offers are empowered with control of their information and have more reliability and in conducting transactions.
ADVANTAGES
- Low Entry Ticket- The ability to buy a 1/1,000 fraction of a property makes it accessible to anyone.
- Low Transaction costs- Traditional costs of up to 30% of property price are eliminated to 2% with tokenization.
- Global Portfolio -Individuals and institutions can buy or offer fractions of properties without caring traditional country borders.
- Strong Expertise -The Alt.Estate team and advisors have over $4blion worth of transaction experience in real estate.
- Investment Portfolio -Even a small investors can diversify their portfolios.
- Security & Protection -Due diligence procedures prior to the property token offering and distributed storage of all the gathered information will provide additional protection.
COMPARISON
ALT TOKEN SALE DETAILS
All functions in the platform: tokenization, transaction, management and any other fees are payable exclusively with special cryptocurrency ALT tokens.
Token Price: 0.00001 ETH (1 ETH = 100,000 ALT)
Hard cap: $30m
For More Information Visit :
Website : https://alt.estate
Telegram : https://t.me/AltEstate
Facebook: https://www.facebook.com/Alt.Estate
Twitter: https://twitter.com/Alt_Estate
Bounty: https://bountyhive.io/browse/Alt.Estate
Bountyhive Username: crybtc
Author details
Bitcointalk profile url : https://bitcointalk.org/index.php?action=profile;u=1302353