Enter Elements EstateThe post recession period of 2008 financial crash has opened a floodgate to demand for distressed assets in Europe. The financial crisis caused the biggest relapse in payment of mortgages all over Europe. Notwithstanding the decade old disaster, real estate has always been a relatively lush and stable sector for short and long-term investments. But to truly unleash the potentials of this industry, experts have, increasingly, been calling for greater transparency and security of all exchanges. A solution that is not only immutable and cannot be tampered with, but is also readily available to anybody from anywhere in the world regardless of their status. This solution is what Elements Estates has perfected to development through its decentralized marketplace, built on the blockchain, for unlocking the hidden value of distress asset derived from failed portfolios.
A Working PlatformElements Estates development is lead by a team who have worked on the acquisition and restructuring of some of the most important distressed assets in South-Eastern Europe. The team’s proven track record also involves acting as advisor and manager to hedge funds from Western Europe to the US. With this technical and managerial expertise, the platform is establishing a private corporate fund that will fuel the growth of real estate across Europe, governed by smart contracts and Elements estate native token, the ELES.
ELES token will be the heart of the platform’s growth value through utilization of tokens in real life. These tokens will be used solely as a mean of payment on the platform for rent, purchase and all other services connected with residential, commercial and touristic modern properties. Token holders will also be able to purchase their dream property for less, because ELES properties will be put on market at favourable prices, so everybody will be able to afford something more for their money.
Real Estate CryptocurrencyAn ecosystem of value, is what Elements Estates is building through its powerful utility tokent. The project Fund will help manage the properties within the Elements Estates platform effectively. The liquidity element of the Fund will be backed by essential priorities such as operating capital to maximise the growth value of the ELES token and benefit derived by its values and the community built on it.
Through the blockchain, Elements Estates is opening up an untapped market, usually reserved for certain class of professionals, for global participation. With Elements Estates, real estate investment is finally a seamless experience at everybody’s fingertip.