Topic: [ANN][ICO] BitRent - platform for investing and monitoring building construction - page 53. (Read 47762 times)

In my opinion, it is better to buy an apartment in a building that is just planned to start being built and which is in the immediate vicinity of the actual place of stay. The profit will be the same, but you can see the construction’s progressing for yourself every day.

Hello. I'm very interested in investing in real estate and BitRent offers all the conditions that I’ve been looking for so long. Can you tell me how much I can earn in a year if I invest $2,000 in construction?

Good afternoon. Why do you think that using a decentralized model will improve the process of monitoring and controlling the construction of real estate?

And if all the tokens allocated to the pre-sale are sold, will it end beforehand?

Hello, there will be a 20% bonus during the ICO. You can also get a 40 percent bonus now while there is a pre-sale.

Hello. Does anyone know, will there be bonuses for buying coins during the ICO?

Bitrent Platform description

Our goal is to create a platform that will provide people from all over the world with an opportunity to take part in the joint funding of construction of any building registered on the platform using RNT coins (Bitrent platform currency).

Placement logic of construction objects on BitRent platform https://medium.com/@bitrent/placement-logic-of-construction-objects-on-bitrent-platform-ffe5c785ce1e

BIM models to visualize construction progress  https://medium.com/@bitrent/bim-models-to-visualize-construction-progress-7888c4f6d4a9

Real-time construction monitoring with RFID tags https://medium.com/@bitrent/real-time-construction-monitoring-with-rfid-tags-c423d0f715c2

Smart contracts in the Bitrent https://medium.com/@bitrent/smart-contracts-in-the-bitrent-4810f2da5eaf

We will start our journey with launching Bitrent platform MVP in April 2018. Our MVP will be represented by web-interface which links all system components and allows users to easily interact with the platform functionality.
In other words, seed capital necessary to start a construction process could be found without looking for fund sources, with early-stage investors to be able to get excess profit even from small inputs.

The functionality is divided into 3 main parts:

Investment

The users are able to invest even small amounts of money in projects. It’s possible by the application of Smart Contracts. They record and track each backer’s investments and calculate their benefits. In this way, the use of Smart Contracts guarantees that a project backer will get his/her coins according to the Smart Contract conditions.
As for the web interface, the idea is implemented by introducing building catalog so that each user is able to browse and find a project to back.

Design samples









Construction
Verified BitRent developers and constructors build and sign Smart Contracts that define each party’s responsibilities, deadlines, rewards, and penalty costs.
When adding a project to the system, it’s creators should upload all project documents which are added to the project node in the BitRent Blockchain. Once the project is added, BitRent platform analyzes the received data and checks if it complies with the specified criteria. Then, the BitRent team checks and verifies the project, its legality, budget, construction details and only then the project gets the final rating and is marked ‘Verified’.
Analyzing project’s BIM model, BitRent experts define building units and generate ID for RFID tags or barcodes that are to be integrated into building units. Each tag/barcode is entered into the digital progress statement and has 4 statuses (1. In the system 2. Integrated 3. Implemented 4. Approved ).
The platform will have an integration with construction management tools that would catch every action that is performed during the project construction process.
When the action is captured, the platform triggers Smart Contract and if this action leads to a milestone completion, the Bitrent platform makes financial transaction according to Smart Contract terms and conditions.
Then after adding the action to the project node, the platform changes the project Roadmap section of the Project Profile page so that investors may monitor construction progress and get notified of project changes.
All in all, our aim is to develop a forward-thinking solution that will allow developer companies to attract investments without fund sources and omit third party audit service. It means that developers save budget sources and are able to implement equipment and techniques to correspond to “green standards” like Active house, LEED, BREEAM, and etc. without expanding initial budget.
In the nearest time we will launch a website for this platform. Currently, this website-platform is in the development stage, with corresponding Smart Contracts being written.
Soon you will see and experience it all.
Site: https://platform.bitrent.io/
GitHub: https://github.com/bitrent/Bitrent-Platform
Join to our Telegram community https://t.me/bitrentio

Unfortunately, there’s no information on this yet. But the project developers promise the lowest possible entry threshold.

This is very good. Then each beginning investor will be able to afford to invest a small amount of money in the construction and receive income. By the way, is there any information about the minimum amount of investment on this platform?

Hello. BitRent platform lets users access not just investing in construction, but also equity investments. Therefore  the large amount needed for construction is divided into many parts among hundreds of investors.

I am glad that there are Internet projects that will allow investors to enter the real estate market. But it seems to me that not all the investors who work on the Internet can afford to invest in the construction of a whole house. This is a very large sum of money.

Yes, of course. Building on the "green" technology can reduce construction costs and at the same time the overall capitalization of the building increases. So every investor can expect his income to increase, in contrast to the option of investing money in conventional buildings.

This seems to be more interesting, thank you for the answer. Environment-friendly buildings are really cool, that’s the future. And are there any economic benefits from the fact that users will work with "green" technology?

You did not get acquainted with all the advantages of the project. The most important one is that only those buildings that will build on the "green" technology will be placed on the platform. This direction is just gaining popularity, in it is difficult to invest in the construction of such an object in offline-sector.

It’s an interesting project, but it seems to me that the idea of investing in construction has already lost its popularity and uniqueness. In fact, BitRent offers to invest in an ordinary apartment building. Every investor has this opportunity offline.

The answer is incomplete. Please use your brain. When does the ICO start? Which is the date when the pre-sale ends.

Don't forget to stay in touch and keep an eye on the roadmap of the project.
This might be helping you:
Telgream group: https://t.me/bitrent

Bitrent:Utility Token economics

BitRent provides investors with the right to fully-functional utility tokens to make investing a smooth and easy process.
It is a utility token for the following purposes:
payment for all services and processing fees of the platform (including ad campaigns and project promotion on the platform)
income distribution among project investors
voting for projects to be invested in within the platform
priority access for investors to new projects on the platform (in order to get priority access, an investor should have no less than 1000 tokens in his/her wallet; the platform reserves the right to change the specified quantity)
tokens can be driven out of the platform and sold on the exchange
Prices for all services and processing fees are set in fiat, but paid using tokens. When a payment is performed, the system determines the amount of tokens, based on the going rate on the exchange, then takes them from a client’s wallet or buys the necessary quantity according to the going rate on the exchange via integrated exchange module
Commission collected by the platform falls into two groups:
50% of tokens are reserved on the platform during services delivery
50% of tokens are burned
(the platform reserves the right to change the specified percentage ratio)
For the project to be placed on the platform, it has to first go through the platform’s audit procedure; audit processing time varies in accordance with the chosen service packages
To take part in voting on the platform, all users should have no less than 1000 tokens on their accounts (the platform reserves the right to change the specified quantity)
To get access to project information, investors are to choose a range of services via subscription based approach. These services differ by sets of information from basic data to live stream from tags and cameras on site
To promote projects, developers are provided with the service that can give their projects higher position in search results
In the form of additional services, the platform offers legal support/control for deals with object placed on the platform
The platform renders Escrow services for projects and makes sure that the projects use funds as indicated in the Roadmap
Site: https://bitrent.io/
Documents: https://bitrent.io/eng-doc/
GitHub: https://github.com/bitrent/Bitrent-Platform
Join to our Telegram community https://t.me/bitrentio

thanks for your support we very much appreciate it.

Hello thanks for your question. BitRent platform enables each person on the Earth to their assets and become an owner of commercial and residential property objects. We simplify the process of  buying hotels, businesses and shopping centers making it easy affordable for everyone.