Topic: [ANN] Prime-Ex Perpetual - Bringing Real Estate Profits to YOU! - page 17. (Read 20690 times)

Prime-Ex's first housing development designed to be financed, marketed, and sold through the blockchain is about to get underway in Panama.

You can buy OUR real estate with this coin.  We will gladly accept PEX-Tokens as a form of payment for our houses, in their USD-equivalent value at the time of purchase. 

How many PEX-Tokens would you like to buy?  I know a company selling them 

I respect your opinion and you have a right to it.  I can't agree though.  Real estate projects have been successful for almost as long as men have been roaming the earth.  From the perspective of a person that started from nothing and became a multimillionaire, how many of the millionaires do you think became that way because of real estate?  

I don't understand why anyone would identify the real estate industry as being the only industry that is incompatible with technological advances.  Look at how many ways that people throughout the centuries have already created to possess real estate, whether by sovereignty or grant by royal decree, whether by title or rights of possession, whether held by real persons or nonpersons, whether ownership or leasehold, etc.  Whenever political persuasions of men have changed, so has real estate.

We are doing something not only unique, but uniquely special.  We have created a REIT on steroids.  We have created a whole new asset class of unlimited monthly volume potential that exists peer to peer; one that can grow outside of the underlying collateral values, one that can be branded, one that can be advertised, one that can be fractionalized, one that can be leveraged, one that can control a market wherever it lands.  We have created an ownership structure whereby our client can become a participant in our success, or our token holders can become our clients, where we control our own lending guidelines, where our buyers control their own destiny, all outside of the control mechanisms that traditionally stand between a buyer and a seller by third parties.  

I encourage you to take a closer look.  We're excited about our project, we know our market inside and out, and we'd love to have you on board!

It seems to me that you need to write to them personally in facebook, or by e-mail. There are a lot of messages here, and your message may be lost among them. I think they will only be against it, any cooperation is good.

Prime-Ex Perpetual ICO has begun. Cryptocurrency and Real Estate investors don't miss this golden opportunity to participate. Learn more: http://prime-ex.com

This is a quick message from icotoinvest.com:

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ICOtoINVEST purpose isn’t just to get your project listed but to proceed with a reliable, unbiased review of your project adding value and building trust towards your campaign.

We also provide advertising and promotional opportunities targeting specific sectors of the crypto community whilst promoting our listed members’ cause.

Prime-Ex Perpetual Blockchain Business Model Is Bringing Real Estate Profits To Homeowners

Article on Coinidol.com: https://coinidol.com/perpetual-blockchain-business-model-bringing-real-estate-profits-to-homeowners/

in the future can I buy real estate with this coin? 

Thank you for the share. It is really very nice to hear that Prime-Ex Perpetual Project name appears in the press more and more nowadays. It is the result of a powerful project with a perfect advertising policy.

Ok Prime-EX definitely knows their stuff ...........it's great! This approach to business will pay off 

Real estate projects, in my opinion, can not be successful. Atlant Real vs etc, many projects have been made in this issue, although they are still failing to continue other projects. I think people see it as an easy way of collecting money. They need to do something unique to be successful.

A nice media piece on Prime-Ex Perpetual was published today at the Huffington Post.  Feels good to get a little media exposure!

https://www.huffingtonpost.com/entry/5a0c98b8e4b006a16baf1eb9

Ayodeji Onibalusi, Contributor
Entrepreneur and digital marketing expert, CEO at Effective Inbound Marketing

How it Can Pay to Buy Residential Real Estate With Blockchain Tokens
11/15/2017 02:54 pm ET

Cryptocurrencies are huge right now, and they should by no means be underestimated. Research shows that some $4.9 billion worth of bitcoin is traded every 24 hours and usage of bitcoin is unrestricted in a whopping 96 countries. When you also consider the adoption of blockchain technology in established industries as well as emerging ones, it’s easy to see that cryptocurrencies are here to stay.

However, cryptocurrencies have a lot more potential than many would imagine.

Can you imagine buying a property without credit scores, without age restrictions, and including a guaranteed buy-back program at two-thirds of the original price outside of your home country? Companies like Prime-Ex Perpetual, a company catering to expats in the Republic of Panama, do exactly that by tokenizing their own real estate ecosystem using blockchain technology.

Prime-Ex Perpetual CEO John Gilbert believes that blockchain technology will change how real estate is approached, and that the improvements introduced to the existing real estate model will enhance the bottom line of the company as well as the owning experience of the homebuyers.

How Tokens Might Take Thousands of Dollars Off the Price of a Home

Gilbert thinks blockchain can greatly reduce the effective cost of buying property by reducing monthly payments and by becoming token holders themselves.“When our homebuyers become our token holders, they win in three ways. First, they experience a cheaper monthly mortgage payment. Second, they will enjoy dividends derived from our company’s profits in their proportional share. Third, as the PEX-Token realizes ever-increasing demand against their permanent fixed supply, there is a chance that the underlying value of the PEX-Token may go up over time, which would effectively make the purchase price of their home cheaper with each future mortgage payment they make. Everybody wins. Most of all our homebuyers who become token holders.”

He credits the company’s “3 pillars” for making this possible:

3 Pillars of the Prime-Ex Perpetual Real Estate Ecosystem

To understand what Prime-Ex Perpetual is doing you need to understand the 3 Pillars of the Prime-Ex Perpetual Real Estate Ecosystem. Prime-Ex Perpetual relies on a handful of improvements to the traditional real estate model to reinvent the way that residential real estate is experienced.

The hope at Prime-Ex is to be able to handle every step in the residential property development and sales process through its platform. Under Prime-Ex’s current plan, all the steps in the process including property selection, land development, home construction, advertising and sales, mortgage, rental, and maintenance would take place in the blockchain.

Prime-Ex is testing the model with luxury properties in the highlands and beach front areas of the Central American nation of Panama. The hope is to market the properties, it plans to finance with an initial cryptocurrency offering (ICO) called PEX-Token, to wealthy expatriates from Europe and North America.

Pillar 1: Controlling the Real Estate Process

The way that Prime-Ex Perpetual holds title to the individual properties ensures superior lien rights from beginning to end. This protects the interests of both Prime-Ex Perpetual and its token holders. The permanent mortgage for a future buyer is attached to the property at the very beginning of the process, and is only enjoined to a payment structure when a buyer purchases the home. This creates efficiencies in chain of title and eliminates the possibility of loss for both the buyer and Prime-Ex Perpetual.

Pillar 2: Improving the Borrower’s Financing Experience

Prime-Ex Perpetual is introducing their proprietary Revolution Loan, which replaces interest rate risk experienced by borrowers with equity participation by the lender. The loan is meant to eliminate the negative reinforcements banks traditionally use to get the borrower to pay, and replaces them with a very big reward: after the borrower has participated in the Revolution Loan as agreed for three years, the borrower can execute a clause in the agreement whereas Prime-Ex Perpetual will buy back the house for two-thirds of the original purchase price, no questions asked. Borrowers are able to lock in a lower maximum risk exposure that allows them to experience living abroad without the full financial risk attached of buying a home outside of their home country.

Pillar 3: Leveraging Blockchain Technology

Prime-Ex Perpetual has tokenized their own real estate ecosystem in a way that allows home buyers to pay their mortgage at a discounted payment by using PEX-Tokens, and allowing their token holders to enjoy dividends equaling 80% of the company’s profits. The free exchange of PEX-Token value within the Prime-Ex Perpetual ecosystem in a way that benefits all effectively creates a whole new asset class built on top of a traditional real estate investment trust. Homeowners enjoy lower monthly payments. Token holders enjoy dividends. Token holders enjoy a more direct and transparent way to sell their investment without the need of middlemen with very low transactional fees. When homebuyers decide to become token holders they become active participants in the very model that helped them to purchase a home in a new way.

Prime-Ex Perpetual believes that the improvements made to the real estate process puts their company in the conversation of every person considering purchasing a home in any market that they choose to operate in. “When you consider the quality of our homes, the easy monthly payments, the ecosystem that our homebuyers get with one of our homes, combined with a guaranteed buyback, there’s really no other choice,” says John Gilbert, CEO and Co-Founder of Prime-Ex Perpetual. ”People will choose our homes because it makes the most sense for their lifestyle experience and their bottom line.”

The Initial Coin Offering of Prime-Ex Perpetual’s PEX-Token begins on November 15, 2017. Prime-Ex Perpetual is offering 25,000,000 PEX-Tokens for sale at $1.00 USD-Equivalent. Token purchasers will take possession of their PEX-Tokens during the first few days of December. PEX-Tokens are a Waves-based token and will trade openly on the DEX Exchange. To hold the tokens you will have to use a Waves wallet. PEX tokens can be purchased with Bitcoin, Ethereum, Waves, US dollars, Euros or British pounds at https://ico.prime-ex.com.

And best of all, their team HAS the experience to make that happen - they are not a bunch of geeks, but rather a team with many years of real estate and commercial lending experience!

I think this system is so staright forward that people looking to invest in houses in Panama will be very pleased with dealing with Prime-ex, ofcourse once the housing complexes and everything start production, which is an exciting process - more and more people will start to get attracted to this crypto. Visuals in any industry tend to draw in crowds. They have done a very well job doing just that during this whole ICO process with very good reason.

Prime-Ex Perpetual hopes to make the home buying process faster, cheaper, more efficient and friendlier to customers by streamlining it.

 

I completely agree. Many underestimate this platform, and very vainly. Indeed, against the background of all the madness that is happening now with bitcoin and etherium, waves is the best choice, because the market is unstable and every news, whether truthful or fake, affects it too much.

Hahaha, good one @Stavri

Well with all the drama going on with Bitcoin and Ethereum and just everything, I think Waves was the best and stable choice for PEX-Tokens away from all the drama.

It is intended that PEX-Tokens will trade freely on various token exchanges, but will initially trade on the Waves' decentralized DEX Exchange.