First of all som many real states now are in the ICO market so i want to ask because you should knew it what is your differential in the biggest running ICO now with the Atlant? or site some advantages i know projects are different but the main thing is the usefulness of it.
Hi Apened,
We certainly know about Atlant and wish them success and all the best with their ICO. Anyone that seeks to improve the real estate status quo is fine in our book.
We understand real estate. We understand how a quality home starts with quality engineering, quality materials, and quality workmanship. We understand chain of title. We understand the value of comparable sales and quantifiable market data. We understand the impact that document retention and complete, consistent loan files that are compliant with the company's underwriting guidelines have on the company's mortgage asset class. We've worked in all phases of real estate as builders and bankers on two continents.
We understand the inefficiencies in the current system. We understand how the market has shifted and how homebuilders, homeowners, and home lenders alike are at greater risk. We believe we are uniquely qualified, given our experience, to help shape the future for the better.
You can read our whitepaper for all the details, but we've created a real estate ecosystem where everyone participating within our ecosystem wins. Home builders win. Home buyers win. PEX-Token holders win. We have created a fixed supply of tokens against an ever-increasing demand for tokens as principal payments are continually reinvested into the building of more and more houses. The ecosystem wins. Prime-Ex Perpetual wins. The way that title is held is better because of the way that we use corporations. The experience of the home buyer is better because of streamlined terms and the mitigation of their risk. The experience of the home builder and home seller is better because they determine their own fate without the involvement of a third party controlling their future sales instead of themselves. The quality of the collateral is better because experienced workers will be maintaining it month in and month out generating consistency across the collateral pool.
We've created an ecosystem that we believe is positioned to be first in our market. Once the concept is proven the ecosystem will continue to expand both in terms of market cap and geographic reach. We're not competing with other offerings. We're getting up each morning, looking in the mirror, and figuring out how to end each day better than we started it. I know I'm biased, but I like very much the road that we're on. Thanks for asking!