Topic: [ANN][ICO] 🚀🚀 ElementsEstates: Token of your Real Estate opportunity!🚀🚀 - page 49. (Read 37988 times)

Hi you can find the Whitelist button on the top page of the website: https://elementsestates.io/

Follow this guide to help you get whitelisted and KYC approved: https://medium.com/@ElementsEstates/the-elements-estates-know-your-customer-process-935df08902fe

For now it is yes

Hi! Russian authorities banned ICOs and token sale at the moment, so we can not accept Russian participants unfortunately.

Hey girls and boys

where can i make KYC?  on website? or anywhere else?

https://elementsestates.io/sl#crowdsale

Token with underlying real estate
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.

Symbol

ELES

Total Supply

250,000,000 (100%)

Soft Cap

2.5 million USD

Hard Cap

50 million USD

Token Value

0.55 USD

Token Type

ERC-20

Accepted Currencies

Fiat (only Private), BTC, ETH and BNB

Public pre-sale date

November 2018, TBA

Public pre-sale price

0.40 USD

Public crowd sale date

November 2018, TBA

Public crowd sale price

Price for the first 7 days: 0.45 USD

Price for the next 7 days: 0.50 USD

Price for the last 7 days: 0.55 USD

i would ask where can i get in contact with team  in which social chan?

i saw on Reddit   https://old.reddit.com/r/ElementsEstates/comments/9t69fq/your_doorway_to_eles_tokens_dont_ignore_the_kyc/

Your Doorway to #ELES Tokens: Don't Ignore The KYC Process, Get Whitelisted Before Crowdsale Starts.

Which is official kyc website? and you have any guideline how to?   i want to make things right and 100% well done

ELES will stay ERC20 is that true?



Acquiring ELES
Users can first acquire ELES tokens during the Initial Coin Offering period. The company will also be offering a Private Participation Period for users before the Pre-ICO period is launched. ELES tokens are then used as payment means for all services and properties over the Elements Estates platform.

Standard
ELES token will be based on the ERC20 token standard and will be deployed on the Ethereum network. By using the ERC20 standard, users will be able to see all transactions, which have occurred, ensuring transparency with the fund and the users of the ELES platform. Ethereum smart contracts will also enable lock-down automation of ELES tokens .

more informations about npl s would be great

WHY DISTRESSED  REAL ESTATE ASSETS   & SEE REGION
Advantages of cryptocurrency with underlying real estate
Majority of cryptocurrencies are prone to high volatility . By combining ELES token with real estate we aim to offer a level of backing. By backing cryptocurrency with distress real estate assets, we hope to increase the stability of the token itself and still obtain high value growth potential . As the token will be used by parties to purchase or rent properties of the Fund on the platform, transactions will be frequent meaning that the token will not be liable to stagnation of the market . Experience has shown us that tokens which have a real use and are used on a daily basis are much more stable than those which do not .
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 .

Meeting potential contributors to participate in the private sale, experts and fellow relevant ICO's

For the second time, yes. No, Mr Silič is not giving a pitch. However, he will meet up with several potential contributors and experts there to hopefully lift Elements Estates to a next level

i think this is cool feature for all investors - will have power of deciding

Hello! I studied the project for two hours. And just now I saw the information that the citizens of Russia cannot take part in the ISO. I am very upset, as i wanted to purchase ELES tokens.  What is the reason for such a limitation?

Just landed in Malta, so yes, this next few days I have meetings and attending Blockchain conference😊    CEO EE ZIGA  posted on telegram with the picture.

What kind of meetings ?

About
ELES platform is blockchain-based platform that serves as a hub between a real estate (RE) fund and ELES token holders. On platform, there is a portfolio with the list of all the real estate (owned by Elements Estates corporate private fund), planned acquisitions and properties available for sale or rent with a starting point in South-east Europe region, and different reports. As such, real estate portfolio is managed by professionals with proven track record.

Elements Estates wants you to have good insight to the real estate portfolio, so this platform displays listed reports based on all standard analyses. Moreover, there is also algorithm considering the level of risk and the associated level of return, which was developed by the team and is taking into account the following parameters: class of real estate, phase of development, location, market attractiveness and required yearly yield.

Services
ELES platform enables Elements Estates of adding lots of functionalities and services on top of the two standard ones, selling and renting. In the near future, you can also expect accompanying services, i.e. ability of paying reservations and security deposits for properties, purchasing time-share options for villas or apartments, accessing to travel agent companies with exclusive prices in ELES tokens, using contracted transportation services to locations payable in ELES tokens and purchasing of merchandise or services with ELES tokens for tourist properties among others. To our token holders we will provide a payment card, which will support ERC 20 standard, our ELES tokens and on top of this everybody will receive as well its own IBAN.

Voting
As ELES token holder, platform will offer you a possibility to place a vote for RE projects in the pipeline you prefer acquiring in the future. By this, we achieve goal of purchasing real estate projects based on the desires of token holders, which will at the end also enjoy their benefits.

Malta here comes Elements Estates for the 2nd time right ? Is Ziga going to have a pitch ?

I like live AMA's - when will be next on telegram EE?

a lot of informations and transparency



Regarding crypto wild west with prices this year and volatility, will Elements Estates run ICO no matter what will happen on market? How much is softcap and hardcap and what, is scenario if softcap would not be reached?
Yes, we are still determined to run the ICO this year. This volatility may even “run water on our mill” as crypto community is more and more in search of projects that can be more resistant to such general volatility.

In accordance with our whitepaper, we set the soft cap at 2.5 million USD and hard cap at 50 million USD. As we have already announced at the beginning, and this was our today’s’ big announcement, we already reached softcap within private period which is still not closed as we are running more discussions with interested parties.

Could someone explain point of Property acquisitions & development in SEE region?
There are two major points of acquiring real estate in SEE region. First one is that there is a lot of non-performing loans (NPLs) sitting in banks in this region. Banks have to get rid of them, clean their portfolios and focus on their core business of lending money. Moreover, this region is very interesting from a touristic point of view and also from business side as it is developing more and more to catch up with the rest of EU.

The other point is that our team has a lot of experience in this region and knows very well how to operate in SEE.

What real estate will you be able to rent let’s say for touristic purposes? Will this be Elements Estates real estate or from outsourced providers? I would think that Elements Estates at the moment does not have any real estate to offer for rent so…?
At the moment, we do not have any properties to offer. However, we are already bidding on some projects and when approved and contract signed, you will be the first to know ☺. Before finishing the crowd sale, or even before starting one, we will have some properties to offer and exchange ELES tokens after crowd sale for an ownership of real estate. Moreover, we have many properties, including hotels or campsites on the table and they already operate. If we can acquire, reorganize and upgrade them, we could offer them for rent through our platform. You can use our token in the future for these touristic purposes, mainly located at the seaside, Adriatic and Mediterranean Seas, which are one of most beautiful in the world.

When real estate on Moon? Will your first real estate project be in Slovenia?
We don’t want to speculate around the (crypto) “Moon thing”. We trust we have a good project with development plan we tend to follow. So, in our opinion, you will be able to witness the gradual growth of the token value over a longer period of time.

Slovenia is one of the countries in the SEE region we will acquire properties in. Only time will tell if our first real estate project will be in Slovenia, it might be as well from Croatia or Greece. As we are in a bidding process currently, we cannot give any more information.

Can you tell us a little more about Peter and yourself? Why blockchain?Well, we both have extensive experience, knowledge and know-how in finance and real estate industry, me personally mostly in the banking industry, restructuring and development of real estate and Peter mostly in financial and distressed assets. But feel free to check also our team listed in our whitepaper and also check our LinkedIn profiles.

With blockchain we can deploy smart contracts and make processes much more transparent and efficient. We want to play this game with open cards, for all of us to be able to benefit from it. This also reflects towards the ease-of-use regarding participating in real estate projects for our non-EU community members. Blockchain makes it possible to participate in our real estate projects, even when you are from a non-EU country.

From who will you actually buy it? From banks? Or from owners? Or Both?
We will buy it mainly from the banks and Financial institutions.

What are similar projects to yours? Are you following them? Where you differ from them?
Of course we follow other projects from our industry, like Propy, or others, and whole crypto/blockchain community as such. I would say that we differ mainly on how we will spend the raised funds and on the source of the real estate we plan to acquire. In our case, only smaller amount will go for development of the platform, majority goes for acquiring real estate projects behind, so our token will have for underlying assets different real estate, which means an intrinsic value. Because our main objective is also to buy from Financial Institutions NPL/distressed assets, we can come into position and acquire this projects with great discounts, and through restructuring much increasing the value of project as such, and portfolio on the whole.

In first stage there will be only properties from our portfolio. Later in the second stage we will offer listings also for external owners but they will have to place their real estate in platform management. For that they will receive tokens on platform (something similar than in-kind investment). After that all payments will go through platform – that’s the case we can control lock down of tokens. And owner of the premises will receive payment lowered for platform fees.

Maybe you are looking into the typical traditional scene? You won’t find Elements Estates there.

Elements Estates is not your typical fund because Elements Estates is empowered by the immutable power of blockchain technology making all the operations transparent, trustworthy and tamper-proof. Elements Estates diversify its portfolio across several real-estate classes for profitability and guard against inflation. You will also play an important and active role in both the selection of the asset to acquire through voting and what to do with the asset — lease, sell, or renovate — through ELES, the collective token fuelling Elements Estates ecosystem. You will also get to tap into the blockchain’s efficiency and security to play on a leveled playing field as the bigger players in the market through a team with a proven track record in the industry.

With Elements Estates, building your wealth is just a click away.

If you would like to stay up-to-date and informed about the Elements Estates project, then click on one of the social media channels below. And don’t forget to join the Telegram group!

-An Ecosystem reflecting the growth of the ELES token. While growing the value of real estate portfolio through active restructuring and development of real estate projects, purchased mainly through NPLs with good discounts on one side, and on the other side reducing supply of active tokens on the market through a lock-down mechanism, this ecosystem will give a positive and multiplicative effect on ELES token.


Changing the
real estate world
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.

The ELES platform will combine the safety and stability of the real estate sector, the high-profit potential of distressed real estate deals and the transparency of the Blockchain. This will support substantial growth of the token value.