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Topic: [ANN][ICO] BitRent - platform for investing and monitoring building construction - page 51. (Read 47762 times)

full member
Activity: 378
Merit: 100
How much should I invest in the coin if my total portfolio is worth 10 Ethers?
It depends on your desire. But than more you invest in time of a Prasale for such sum receive a discount of 40%. Good luck Wink
full member
Activity: 406
Merit: 100
How much should I invest in the coin if my total portfolio is worth 10 Ethers?
newbie
Activity: 56
Merit: 0
I like the project very much. The reason for that is , because it gives the ability to small investor to invest in big Real Estate Project. Normally these are off the limits of them.
full member
Activity: 378
Merit: 100
BitRent Strengthens Positions Across Chinese Blockchain Space


We’re happy to announce that these days we conducted a large-scale blockchain summit, with several tens of blockchain clubs from every corner of China.

Overall there were more than 500 people solely from China.

Based on summit results, we‘re building plans for further BitRent project expansion.
https://medium.com/@bitrent/bitrent-strengthens-positions-across-chinese-blockchain-space-ea1d8fc56eb7
Join to our Telegram community https://t.me/bitrentio
full member
Activity: 378
Merit: 100
There are so many real estate project here but this one is different. The concept is so transparent that everyone can easily understand its motivation, a decentralized real estate in a blockchain. Such a great project team Bitrent.
Thank you for your support, we appriciate it very much. Stay tuned and get luck  Wink
full member
Activity: 378
Merit: 100
So you can invest using your real estate?
If your project passes all the checks and will be approved. You can invest in it, as well as all participants of our platform Wink
full member
Activity: 378
Merit: 100
Dev, is this ico still ongoing? I'm interested and I want to join
Hello, yes  we are at the Presale stage, you will receive a discount of 40 % if you take participation until 28.12 Wink. Stay tuned.
full member
Activity: 266
Merit: 105
There are so many real estate project here but this one is different. The concept is so transparent that everyone can easily understand its motivation, a decentralized real estate in a blockchain. Such a great project team Bitrent.
member
Activity: 126
Merit: 10
So you can invest using your real estate?
full member
Activity: 378
Merit: 100
Hi, BitRent!
We opened the block with comments a few days ago. Several people have already left comments on your ICO page: https://icoholder.com/en/ico/bitrent-4167 It would be great if you will follow your page and help your potential investors.
Thank you for cooperation. Good luck to your project. Smiley
full member
Activity: 378
Merit: 100
Bitrent team visited Fujian Blockchain club
full member
Activity: 378
Merit: 100
How Tokenization May Change Construction Market

Current state

Over-regulation of the end users market lead to the rise of demand on democratization of construction sector that saw cryptocurrency market as the light at the end of the tunnel. Once the global audience believed that there’s a chance not only to to enter this market, but also withdraw from it — not empty-handed, but with considerable dividends — the liquidity increased exponentially, cryptocurrencies went sky-high and the number of ICO launches moved beyond a hundred per month.

Apart from the fact that a shift to digital format brings about the increase in speed, security and usability for handling operations, it also leads to decrease in need for middlemen.

Changes to take place

Such changes in the infrastructure are meant to bring about numerous positive shifts:

   
  • Functionality: there will be new plugin modules created — business logic and Smart Contracts;
       
  • Security: the opportunity to conduct transparent audit in real-time mode with a complete access to current results for all parties, and also a bulletproof data synchronization among traders;
       
    • Management: collective asset management that does not require mutual trust;
         
    • Speed: calculations take several seconds, not days;
       
      •   Usability: web-interface that eliminates the use of software and offers intuitive navigation.
      For instance, today assets are sold by undivided parts, as specified by the building plan (apartment/office). In real life, it means that an apartment may have a very few joint owners (usually this is due to incremental costs like papers processing). If an investor believes in growth of square meters in a specific apartment block, he/she has to buy a specific apartment with both its advantages and disadvantages. Plus, he/she is obliged to pay total cost of the apartment and not the cost they are ready to invest.

      Tokenization allows to release tokens corresponding to micro shares in an apartment block. For instance, tokens may equal to square meters. In such a case, certain construction company acts as an emitent of tokens, while investors are able to get their shares in the apartment block without buying specific apartments. They can buy more tokens directly from a developer and expand their share or sell any amount of residential area on the exchange. Thanks to this opportunity, they are able to pay up the area step by step without the need to save up the money, which may lead to financial losses due to inflation pressure. Later, if wished, investors can exchange the necessary amount of tokens for a specific apartment/office. Once investors hold all tokens and trade them, the emitent company rents these assets out and distributes profits among all token holders.

      Interesting is the fact that if all buildings in a district are tokenized, there may be a specific token created that will represent an average share of real estate in the district.

      Thus, investors are able to invest in cost growth of the real estate of the whole district. For instance, they can follow this pattern if a new Google office or metro station is about to be built in that area. In fact, we may create indexes assigned to cities and countries. All this will empower investors to choose investment strategies that best meet their needs — they can start from a single building to a whole country.

      Simply said, tokenization is a process of transformation, storage and management of assets, when each and every asset has its corresponding digital duplicate.

      Construction Market Realities

      By 2050, about 75% of global population will be living in metropolitan cities and they will need some 3 billion homes built. It is obvious that in order to complete such work volumes, it might take ages, if migrant workers are used. The construction universe is in the need of a brand new approach. Moreover, it’s important to keep in mind natural disasters, since when they occur, buildings constructed in a traditional way are magically transformed into vertical coffins. In this case, self-sustainable buildings are a must.

      Talking about government contracts, they are only good for huge volumes of apartment blocks, which are completely impractical for contemporary life.

      There’s a need in a platform that will enable the community to vote for construction projects, empowering each and every user to monitor construction stages and make transparent payments with minimal sums.

      We believe that building boom is not gonna happen in the West, but in the following parts of the world that are characterized by both high population density and urbanization — Africa, Asia and South America. These are dynamically developing countries which population is thought to actively shift to cryptocurrency due to the tendency of water supplies shortage and massive urbanization.

      It is suggested that once the global population reaches 9 billion people, the capitalization of construction market — currently amounts to $100 trillion — will dramatically increase and be rated in cryptocurrency, with Asia, Africa and China to head the list — 70–80% urbanization.

      In the light of the above, even now construction market tokenization and cryptoinvesting platform may change outdated dogmas in this industry and offer a brand new niche.

      Solution

      BitRent is that very solution we need for tokenizing the construction industry.

      BitRent platform aims to dominate the construction industry in the next few years by dividing buildings into small construction elements and tokenizing them. Thus, the platform will open the way for more and more people to become investors and change the outdated and unprofitable construction formula. We follow a well-established and trustworthy model — construction objects are divided into shares, and these shares are tokenized.

      We have already started development on the Ethereum network due to the fact that it is the most advanced Smart Contract Blockchain today. Smart Contracts are meant to ensure the safety of the mentioned above shares and fulfillment of all contacts clauses. As for the proof-of-asset token, it will be an ERC20 token.

      All in all, BitRent is currently creating the environment where all sensitive construction & investor data will be secured and all contract terms fulfilled, without the need to involve third parties.

      Right now, construction tokenization offers a new set of investment and profit-making opportunities for millions of people. In fact, this technological advancement brings about a completely fresh way for people to interact with construction objects and draw significant profits.

      GitHub: https://github.com/bitrent/

      Join to our Telegram community https://t.me/bitrentio
full member
Activity: 378
Merit: 100
What is the maximum amount that the developers plan to collect? Accidentally saw the signature and decided to read about the project.
Hello. Thank you for your interest to our project. Wink Hard Cap — 100,000 ethereum

Stay tuned!

Site: https://tokensale.bitrent.io/

GitHub: https://github.com/bitrent/

Join to our Telegram community https://t.me/bitrentio
full member
Activity: 378
Merit: 100
what platforms do you use on your token?
Hello thanks for question.We use P2P platform operation algorithm.
The working process of exchange platform and collaborative use can be described as
follows:
1.Sellers display property description on BitRent
 platform.
2.Buyers search for real state that matches their criteria.
3.Buyers   send   offers   using   smart   contracts   to   register subjects   under corresponding legal conditions.
4.Sellers accept offers by e-signatures.
5.Intermediaries fulfill their functions (agreement analysis, notarial procedures and etc.).
6.When  all  the  mentioned  above  conditions  are  met,  smart  contracts  launch payment system that enables buyers to deliver payments in digital money.
7.Smart  contracts  monitor  payments  and  transfer  property  to  a  new  owner  in
BitRent register upon fulfillment of all conditions. We design this system in modular way and enable buyers to monitor fulfillment of the
contract terms.
full member
Activity: 378
Merit: 100
"Hello! I am an editor from icoholder.com. Your ICO was added to our listing and now is available to investors:https://icoholder.com/en/ico/bitrent-4167 You can edit your Page by adding more information about your ICO and also verify team members to improve ranking.
If you need any help - feel free to contact me!"

Great news. We very much appreciate your attention to our project, thank you for cooperation. Good luck. Wink
full member
Activity: 378
Merit: 100
What is the current token valuation?
Hello, it would be known after the end of Presale. 29.12.2017
brand new
Activity: 0
Merit: 0
"Hello! I am an editor from icoholder.com. Your IСO was added to our listing and now is available to investors:https://icoholder.com/en/ico/bitrent-4167 You can edit your Page by adding more information about your ICO and also verify team members to improve ranking.
If you need any help - feel free to contact me!"
full member
Activity: 378
Merit: 100
what platforms do you use on your token?
Hello thanks for question.We use P2P platform operation algorithm. 
The working process of exchange platform and collaborative use can be described as
follows:
1.Sellers display property description on BitRent
 platform.
2.Buyers search for real state that matches their criteria.
3.Buyers   send   offers   using   smart   contracts   to   register subjects   under corresponding legal conditions.
4.Sellers accept offers by e-signatures.
5.Intermediaries fulfill their functions (agreement analysis, notarial procedures and etc.).
6.When  all  the  mentioned  above  conditions  are  met,  smart  contracts  launch payment system that enables buyers to deliver payments in digital money.
7.Smart  contracts  monitor  payments  and  transfer  property  to  a  new  owner  in
BitRent register upon fulfillment of all conditions. We design this system in modular way and enable buyers to monitor fulfillment of the
contract terms.
full member
Activity: 378
Merit: 100
A very good system with new ideas, the project proves its transparency, which is not done by many! The system operates around the world, does not stand still, has development! it's interesting to watch!
Thanks for your comment.  :)We very much appreciate your support. Stay in touch. Wink
newbie
Activity: 56
Merit: 0
What is the maximum amount that the developers plan to collect? Accidentally saw the signature and decided to read about the project.
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