Topic: [ANN][ICO] 🚀🚀 ElementsEstates: Token of your Real Estate opportunity!🚀🚀 - page 36. (Read 37991 times)

Some things in the Whitepaper are really interesting. Still learning about real estates

What is a distress asset ?

Since the financial crash of 2008/2009 all EU member states have been experiencing post-recession
recovery, some faster than others. Because different member states are recovering
at a different rate, it has brought about a lot of opportunities in non-performing loans (NPLs)
market specifically those backed by real estate collateral. Most of the financial problems of
the crash in 2008 were brought on by the onset of non-performing loans, and overvalued
properties across Europe. Simply put, parties could no longer afford to pay their mortgages
which led to one of the biggest financial meltdowns ever seen.

NPLs and financial institutions

A performing loan will provide a bank with the interest income; it needs to make a profit and
extend new loans to other customers. When customers do not meet their agreed repayment
arrangements for 90 days or more, the bank must set aside more capital on the assumption
that the loan will not be repaid. This reduces its capacity to provide new loans.
To be successful in the long run, banks need to keep the level of non-performing loans at a
minimum, so they can still earn a profit from extending new loans to customers. If a bank has
too many non-performing loans on its balance sheet, its profitability will suffer because it will
not earn enough money from its credit business. In addition, it will need to put money aside
as a safety net in case it needs to write off the full amount of the loan at some point in time.
It means that banks could slow down their capital, which they had to devote to the provision
of non-performing loans. In some cases, they were prepared to sell high-collaterals in order
to clean up NPLs from their books, improving their capital adequacy, and start reusing this
money.

The Advantages of Buying Property Abroad with Elements Estates

Buying a property in South-Eastern Europe (SEE)?

If the answer is yes, have a seat and don’t forget the Rakija. Element Estate has planned a breathtaking line-up of properties from the SEE region you can own or rent, giving you that gateway into one of the most vibrant, socio-economic region.

And it gets better. These assets will be derived from distressed assets of the Non-Performing Loans (NLP) of some of the region’s leading bank portfolios. Translation? These assets can be acquired of mere fractions of their true market worth.

Finding the perfect property is like a dream come true, but the haggling afterward may sap this dream of any and all sort of joy, leaving both parties irritated and unsatisfied. This journey is usually weighed down with the much-ado-about-nothing scenario when solicited and unsolicited property advisor. These advisors often have a long string of advice they want to dump on you in order to further their own ulterior motives. Do you buy a property that has been on the market for a lengthy period? Do you have your eyes peeled for only renovated properties? What sort of property should it be? Who’s going to maintain the property?

ELEMENTS ESTATES | TOKEN OF YOUR REAL ESTATE OPPORTUNITY

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 distressed assets derived from non-performing bank portfolios, usually reserved for major players. With the crowd-funded assets, the private corporate fund will purchase the distressed assets from the banks, then restructure them and put them on the market at more favorable price than competitive properties.

>>> BE PART OF THIS UNIQUE BLOCKCHAIN-BASED PROJECT WITH UNDERLYING REAL ESTATE <<<


check  EE LINKEDin    -    competent ppl there as i see!

https://www.linkedin.com/company/elementsestates

Our aim is to offer everyone the opportunity to benefit from distressed and undervalued real estate asset opportunities linked to the Blockchain. To be able to do so and enable above-average liquidity of the token, we have designed the entire process in a way that the ELES token will be the only means of payment for all services and properties in our portfolio, and that the token supply will decrease with every transaction.


what about GDPR and safety of transactions on platform?

Will ElementsEstates do the flipover of the "in development" portfolios or will you have contractors that will do that for you ?


For development of real estate projects, we will cooperate with local service providers that will be chosen for each project. Our team will lead the development project so to keep control over the project phases and costs but with best local provider that has access to needed construction material and labour force.
If you take into consideration that we might have more projects active in different countries than you may understand that it makes no sense for us to have our own company for reconstruction as there would be no way to really compete locally.



Local service providers will buidl a network and i think that will bring value and success!   Platform will be a heart of project and transactions&business

I hope EE will solve this problems


The post-recession period of 2008 financial crash has opened a floodgate 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

I was interested to read. You have a very interesting opinion!

i like this!


Who can benefit from the platform?

CROWD Individuals with lower contributions

HNWI Individuals with higher contributions

CRYPTO FUNDS

THE FUTURE
▪ Involvement of future technologies (IoT) ▪ 100% digital ownership claiming (electronic land registries and signatures) ▪ HUB for selling all the real estate (not just in our ownership) worldwide

could you explain more about  HUB for selling all the real estate?  will that be all on platform EE  or   in real life  some business offices etc?

I fully agree with you. You know what you say.

With next wave of adoption we will see new ath's - 2020 2021

Lockdown mechanism is important for future and value of token

Tokens will be very useful as all the services provided within Elements Estates platform will be accessible only with ELES tokens. ELES tokens will act as a payment method, meaning that acquiring services on ELES platform will be possible only and solely with ELES tokens. We anticipate they will be gaining value with every acquired project/properties, listing of touristic facilities for holiday rentals, successfully restructured and completed modern real estate projects and with every transaction made on platform because of the lock-down mechanism.

https://foxico.io/project/elementsestates


fabolous rating


EE = top project of 2019

any new timelines for presale and crowdsale?

Please pay attention to the developers. The project has a very beautiful team.

The Southeastern Europe (SEE) region is regarded as the region with the highest mid-term potential from distressed deals within the EU.
With a combined market size of 21 million people, a young workforce, and competitive costs of production, the region has significant untapped investment attraction potential, while the majority of countries are either candidates for accession to the EU (Serbia, Montenegro, Macedonia, Albania) or potential candidates (Bosnia and Herzegovina, Kosovo).
Regional GDP growth for 2017 is estimated at 5.5 percent, which is the best performance of the SEE region in eleven years. These trends are projected to continue in coming years.
After the global financial crisis, the SEE region has averaged annual gross domestic product (GDP) growth of 2.3 percent, meaning its growth is stronger than the annual average for the European Union (EU) at 1.2 percent.
Croatian tourism is expecting an increase of 15 percent in investment compared to the current year or nearly 40 percent more tourism investment than in 2016.

THE TEAM

The Elements team has been involved in an advisory role to US and Western European hedge funds in many of the most important distressed acquisitions in the SEE region in the past few years.
The whole project is driven and managed by an experienced team wherein each individual has spent more than 10 years working professionally and personally in fields like financial, real estate (restructuring and development), marketing, and technology.
Chairman and founder Peter Gorinšek has 15 years of experience in the financial industry, having been involved in asset management and advisory in many investment management companies in the former Yugoslavia. He is also a member of several supervisory boards in the region and serves as advisor to the Board of Qwest Investments PLC.
CEO and Co-founder Žiga Silič has more than 10 years of experience in the financial and real estate industry. For more than seven years, he has been working for the esteemed SEE financial institution Raiffeisen Group and has also served as Managing Director of a leasing company that placed more than EUR 200 mln of assets in real estate.

We do not at this moment. Our focus is the current private sale. When the crowdsale starts, we will look into different listing websites.

Using blockchain technology, Elements Estates hopes to offer everyone the opportunity to benefit from distressed and undervalued real estate asset opportunities. The platform will act as a transactional hub between a fund and ELES token holders.

Pros
The Elements Estates team has impressive experience in making successful real estate deals and development.
The project’s intended region has a good amount of tourism that could spur interest in rental properties in the project’s portfolio.

Cons
People may be hesitant to use an altcoin to buy or rent property.
The project may incentivize holding the token more than utilizing the token through its intended tokenomics.

Want to know more about current and upcoming ICO projects? Visit our initial coin offerings page and subscribe to the Bitcoin Market Journal newsletter today!

https://www.bitcoinmarketjournal.com/icos/elements-estates/

Recap: Buying hashtag#realestate abroad can be quite a hassle with all the paperwork, regulations, negotiations, and researching the hashtag#market. By using the Elements Estates hashtag#platform you won’t have any of these ‘problems’. Have a look at it to get an idea, how this will look like -> https://[Suspicious link removed]/dwPbND7

https://www.linkedin.com/company/elementsestates/

adoption is hard. We know blockchain is here to stay and cryptocureencies but before people embrace blockchain and implement it in to their everyday life it will take maybe 3-5 years more Great way to go.