Topic: [ANN][ICO] 🚀🚀 ElementsEstates: Token of your Real Estate opportunity!🚀🚀 - page 19. (Read 37989 times)

'Ninety percent of all millionaires become so through owning real estate.'' Andrew Carnegie (Industrialist) #blockchain #realestate #quote

that's a fact! Real estate is and will always be #1 investment option and Elementsestates will connect that world with blockchain = winwin situation

Hi

Are those countries on first picture in prototype https://prototype.elementsestates.io/

all SEE region?

thanks in advance

Do you accept only crypto coins (BNB, BTC, ETH) for contribution? What if someone wants to contribute in Eur or USD ? What is that process on your side? (you exchange to crypto and than back or how does that go)?

my friend have real estate agency   - he is very interested about this project

but he is asking what benefits will have that for his business?

thank you very much for answers

Quantity of tokens is limited so this is not the point, really. As we will be reducing the active tokens from circulations, this will lead to raising value of the remaining active tokens as they will be the only ones left to satisfy the demand on the token on the market. After 3 years, there will be a decision by the crowd whether to put locked tokens back on the market or not. In case locked tokens, or part of them get unlocked and back to market, we will sell them and for the money received buy new distressed deals, with discount, which shall not have then a negative effect on the price of the token, consequently increasing again portfolio of real estate.

On one side, the portfolio of real estate will increase, while on the other side, with every transaction (selling or renting service of real estate), half of the tokens will get locked and taken effectively out of circulation, decreasing active tokens on the market, which will have a positive effect on the token value. So here we are talking about the basics of value and circulating quantity.
Another factor that influences the price is the liquidity. And also with this reason we plan to introduce the renting of the properties as this will create constant demand on the ELES tokens, again creating space for token value growth.

How do you know that EE project is legit and team is real with competences?

look at LinkedIN offcourse and check their members

https://www.linkedin.com/in/elements-estates/



Elements Estates is creating a blockchain-based platform backed by a unique portfolio of real estate deriving from banks’ distressed asset. The platform will offer the ability to utilize ELES tokens through purchase, rent and other different services all related primarily to newly developed and modern properties in platform ownership, and payable solely by ELES tokens.

I am monitoring EE twitter - great tweets


''The wise young man or wage earner of today invests his money in real estate.'' Andrew Carnegie (industrialist) #realestate #blockchain #quote

https://twitter.com/ElementsEstates

this is indeed read scenario for all newbies

Elements Estates Rent/Purchase Case Scenario #2


https://medium.com/@ElementsEstates/elements-estates-rent-purchase-case-scenario-2-9fadae73eb6d

In its most basic form, blockchain makes it possible for the first time ever for people and companies to make major transactions without going through an intermediary. Intermediaries like credit card service companies, stock exchanges, banks and governments can make transactions expensive, slow and illiquid and may open opportunities for fraud or crime.

Access to deals, the amount of time it takes to close, property title mistakes, high fees and fraud bog down the real estate industry. It is the largest asset class in the world and has had minimal innovation in the way of increased efficiency during transactions. Blockchain poses major opportunities for innovation in real estate. Here are three innovations that will change how real estate is done for the better in 2019.


Tokenization

Historically, owning the most lucrative hard assets required investors to already be wealthy and have the luxury of being able to wait years to liquidate. That changes with tokenization.

Tokenization democratizes ownership of assets by using cryptocurrency to split assets into tokens that are stored on the blockchain. Someone who wants to invest in a trophy real estate project now has the luxury of being able to resell their share on the open market through secondary trading. Also, people in different geographies and tax brackets now have access to attractive investment opportunities that they previously would not.  In 2019, I believe we will see a major migration of real estate ownership moving to the blockchain.

so EE is the answer to blockchain in realestate for future

don't you think so guys?

Real Estates and the Blockchain: The Next Investment Frontier

The fourth industrial revolution has finally found the catalyst to spur on its growth, the Blockchain. The blockchain’s ushering of revolutionary mediums for securely and transparently exchanging values with no middlemen has been nothing short of a game changer across all industries. Investors from all over the world are now being afforded real-time investment opportunities through hassle-free, decentralized platforms. Industries whose accessibility have, hitherto, been mired in opacity and potentials stymied by soteric accounting have finally found the perfect vehicle for manifesting their true worth. One such industry is the distressed asset.

Following the financial crash of 2008/2009, the post-recession recovery rate of EU countries continues to be at odds with each other especially Non-Performing Loans (NPLs) backed by real estate collateral. This movement is strongly present in SEE region, as there are the highest balance NPL’s since the economic crisis. The crash, brought on by NPLs and overvalued properties (basically, folks couldn’t afford to pay their mortgages), has long since gone down in history as the biggest financial meltdown the world has ever seen, yet its spectre continues to haunt the real estate industry.

When you take a loan from a bank, the bank expects the loan to yield interest and be repaid under specific conditions. This is a performing loan. However, when the customer cannot fulfil the agreed repayment plan after 90 days or more, the bank now has to set aside capital on the assumption that the loan may not be repaid, drastically impacting its capacity to facilitate new loans. At this stage, the loan is now a Non-Performing Loan.

To remain profitable, banks must keep their NPLs at a bare minimum and in some cases, are prepared to sell high-collaterals to clean up NPLs and inject capital into their operations. Herein lies the opportunity that sets Elements Estates apart from all other “real-estate-on-the-blockchain” platforms.

Everyone should read it .. importante

Quantity of tokens is limited so this is not the point, really. As we will be reducing the active tokens from circulations, this will lead to raising value of the remaining active tokens as they will be the only ones left to satisfy the demand on the token on the market. After 3 years, there will be a decision by the crowd whether to put locked tokens back on the market or not. In case locked tokens, or part of them get unlocked and back to market, we will sell them and for the money received buy new distressed deals, with discount, which shall not have then a negative effect on the price of the token, consequently increasing again portfolio of real estate.

on the question:  How will you make sure for the daily volume if in time there will be 50% lock down tokens for 3 years ? How will you make sure that you will not run out of tokens at some point ?

One of the #reasons why we focus on distressed #realestate is that the redevelopment of distress #properties will help to improve the #communities, environment and the overall #urban feeling. The improved abandoned and/or distressed properties will (1/2)

(2/2) lighting up the neighborhood and #enrich the surrounding quality of living.

https://twitter.com/ElementsEstates/status/1095997836741828610

EE beta is alive dude - you can check it for yourself

https://prototype.elementsestates.io/

The development of the ELES platform will take from 6 to 9 months after the Initial Coin Offering (ICO). Decisions on projects, which will be used as an underlying base, will be based on all standard analyses (quantitative, qualitative, static and dynamic with cash-flow projections), checked with our real estate advisors from CBRE, Colliers, or others, and on an algorithm developed by the Elements team that considers the level of risk and the associated rate of return.


so platform will be ready in 2019  or  in 2020?

By using smart contracts for transactions (buying, renting, etc.), we will improve efficiency in time and lower costs for all participants. With different voting possibilities, selling real estate on tenders, or putting projects on the blockchain we are improving transparency in the world of real estate as we know it.

so if that will be possible  real estate market will change a lot   in a better way, safer way, faster way  and again power to the ppl 

This is interesting:

https://foxico.io/project/elementsestates

Elements Estates is creating a Blockchain-based platform with underlying unique portfolio of real estate deriving from banks’ distressed assets. The platform will offer the ability to utilize ELES tokens through purchase or rent of real estate and other services, all primarily related to newly developed and modern properties in platform ownership.



Elements Estates is giving you the opportunity to get involved in something that will enable growth of token value from unlocking the hidden value of the distressed assets deriving from non-performing bank portfolios, usually reserved for major players.

ratings are cool and I guess they are realistic: https://foxico.io/project/elementsestates#rating

If I buy a portfolio from the platform, who will take care of all the paperwork of the house ?

We will help with all the paperwork. And before the land registries are fully digitalised, this has to be done manually with lawyers and notaries, of course it depends from country to country. This means the buyers will still have to sign all the classical paperwork, but we want all the transactions to be clean and secured.

What benefits and ecosystem have better EE  than other real estate projects from 2018 and 2019 that will be ICO's ?

any details?

Why should tokens value grow - what facts do you have?