Topic: [ANN][ICO] BitRent - platform for investing and monitoring building construction - page 57. (Read 47775 times)

What is the difference between your minimum investment threshold and the threshold of a similar Atlant company?

The BitRent company will monitor performance of conditions  smart-contracts by one of which use of environmentally friendly matreial at construction of buildings is. Will adhere to such standards as LEED, BREAM, Energy Star, WorldGBC, DGNB, EPBD, EnEV.

Yes, and here are some of them:
 1.Influence of geographic factor when investing in real estate and dealing with real estate transactions.
     Opportunity to invest funds from any spot of the Earth without being bound to a particular country.
 2.High entry barrier to real estate investment market.
       Opportunity of minimal investments made in cryptocurrency.
 More information you can find in our whitepeper  https://bitrent.io/wp_bitrent.pdf

Have you analyzed the financial problems of projects that have tried to create such a platform? Have you found a solution of these financial problems?

Hello. Are materials which will be used for construction of buildings made of environmentally friendly components?

No, there are no additional documents you do not need to download

Hello, Thanks for your interest to our project. You can buy a large number of tokens and thus influence adoptions of decisions as the investor. Also tokens provide investors with opportunities to gain profits at various stages  invests in construction. In the course of Presale, you have a unique opportunity to get a 40% discount. During ICO you’ll have a chance to convert the tokens, which you’ve recently bought, into cryptocoins in order to receive profit when investing in real estate items or trading at crypto stock exchanges.

Greetings. Such opportunity is actually excluded as construction will begin only after collecting all money. Also work of smart-contracts will begin only after confirmation of presence of the necessary sum for construction of the building.

Hello, Thanks for your question. The investor will be able to influence the choice of construction company in which money will be invested. All questions concerning construction process, including the choice of contractors remains in a priority behind the company of the builder.

 New article about BitRent from the publishing house The Merkel https://themerkle.com/blockchain-based-building-platform-bitrent-announces-token-sale/ 
Blockchain Based Building Platform BitRent Announces Token Sale.


Nowadays, construction processes are mostly monitored manually. Manual labor slows down the processes and increase the working costs. Recently, blockchain platform Bitrent came with a solution for this problem: the usage of modules and structures chipping to control construction processes in real time. The blockchain-based company offers users the opportunity to control their construction processes and reduce costs of investing in shared-equity construction. Now, BitRent has announced its token sale.

Disclosure: This is a Sponsored Article

BitRent has given itself a mission: to make real estate investing easy, transparent and profitable all over the world. The platform uses a combination of techniques that will allow its users to control construction processes. These techniques include BIM open modeling and computer aided monitoring using RFID chips, to make investing in commercial and residential shared-equity construction more transparent and predictable. On the platform, investors can invest in real estate, without a minimum entry threshold. The online mode allows them to control construction processes and receive dividends when the construction has been completed. Moreover, users can receive data on free area or items of commercial property.

The BIM (Building Information Modeling) technology that the platform uses, allows all users of the platform to monitor a project at any stage. This way, all steps in constructing a new project can be followed. The technology collects information on the architecture, engineering, technology and economics of the construction. Users will get a 3D model, which is easily accessible on a smartphone. This means that investors can already check on a construction from the very first sketches onwards and decide if a building will be profitable within a shared-equity construction. BIM technology will prevent investors of making bad investments, by keeping track of safety requirements of real estate items.
BitRent will seek finance though ICO crowdfunding. The platform will release its RNT tokens, based on Ethereum. The token sale will start on the 1st of December 2017, 11:00 UTC and will last till March 1, 2018. With the RNT tokens, you can participate in activities on the platform and invest in projects. 1 billion tokens will be issued, of which 699 million will be for sale on the ICO. During the pre-sale, which will start on November 24th at 11:00 UTC, 200 million tokens will already be released. 100 million tokens are reserved within BitRent and will not be on sale. During the presale, purchase of tokens is only possible with ETH. At the ICO stage, BTC is also accepted. The price of the tokens is not fixed, but will vary depending on the situation. The minimum purchase price will be 0.01 ETH.

Smart contracts play a big role within the platform’s distributed ledger. A smart contract is not a ‘real’ contract, but an algorithm that is self-executed and self-governing. Smart contracts can control both the construction flow and return on investments. The smart contract will make sure that all investors will receive dividends when the construction is finished for example. Smart contracts are saved to the project’s blockchain node and will act in accordance with its terms and conditions. This makes them a save and easy replacement of contracts in the traditional sense.

Will this be carried out in manual or automatic mode?

If I understand correctly, they can monitor all the stages without exception, from modeling to the audit of efficiency and comfort of construction

What stages of construction can investors monitor?

Will the builder choose subcontractors themselves or together with investors which has invested in construction?

It looks like the green tech this guy brought up isn't really part of the discussion here right? You are not aiming to become a superior green tech company in the construction space, are you?

Will developers of the platform support investors when solving problems related to frozen construction?

Hi, it’s a very interesting question. I guess it’s possible in any case even if everything was well planned. All in all, any investment is risky.

Will I have to upload any additional documents in order to invest in real estate which is situated in another country?

Is it possible that the particular construction in which platform’s users invested will be frozen?

What about buying your shares?