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Topic: [ANN][ICO] 🚀🚀 ElementsEstates: Token of your Real Estate opportunity!🚀🚀 - page 59. (Read 37988 times)

member
Activity: 147
Merit: 15
Reflection on the value growth of the ELES token
A small part of the crowd sale funds will go to the development of the platform, while the majority will be distributed to building the real estate portfolio. With the increase of real estate over a period of time, more and more properties will become available for rent and sale. With every transaction, a certain amount of tokens will be locked for a certain period of time and taken out of circulation. This will have a positive effect on the token value.

The crossroads of Blockchain technology and real estate value optimization
The platform will serve as interaction hub between the ELES token holders and the Fund, created for purchasing tourism-, commercial- and residential properties in the SEE region. While the Fund will focus on identifying distressed assets, starting within the SEE region, which can be restructured as real estate projects, it will later either sell or rent properties.

All transactions will be done exclusively with the ELES tokens.


Read last sentence

this will bring high value and liquidity to ELES token

price will follow
newbie
Activity: 56
Merit: 0
People nowadays are saing that ICOs are dying and like the past, but I don't think so. I think the best ICOs will have their time maybe twice the big startups that we saw in 2016 or 17. I got a feeling this is going to be one of them. Slow and steady but big in the future. People just have to trust your work.
copper member
Activity: 560
Merit: 64
The project is progressing well, but to be honest, on your website I was surprised by the lack of translation into European languages, if you add, it will be super, you are an international project.
jr. member
Activity: 128
Merit: 5
During the ICO there are two main goals, the soft cap and the hard cap:
Hard cap (max) = 50 million USD
Soft cap (min) = 2,5 million USD

How did you come up with that number for the soft and hardcap? Good thing soft cap is already reached and what is the main thing that you plan to do with that money ?
newbie
Activity: 66
Merit: 0
How will the tokens be locked and for how long for the team members and advisors? Will they be unlocked at the same time 100% of them or will you have some kind of  50% unlocked after 1 year and other 50% unlocked after 2 years?
jr. member
Activity: 84
Merit: 1
Elements Estates, ICO review

Elements Estates is a promising ICO, focused on a potentially humongous real estate market in Europe, particularly, distraught assets. Or properties, where the borrower has difficulties paying back their loans.

The product

The company behind Elements Estates intends to build a decentralized investment platform, wherein the properties are listed on the service, and represented as offerings for prospective investors. According to the whitepaper, the product is access to a specific market. This actually raises a question about the properties themselves. The whitepaper mentions that different stakeholders are connected via smart contracts on the blockchain, and hence the blockchain establishes trust between the parties involved, but there’s no mention about security tokens representing the individual properties, yet. If such an opportunity does arise at some point, it would definitely be an improvement. Otherwise, the system is sufficient for a decentralized real estate agency to operate, successfully in theory. At the moment, the single point of failure is definitely represented by the fund. The smart contract, specifically.

This kind of settlement has to be airtight to work out, because the properties aren’t represented as tokens themselves. What makes the process unique is that the properties are intended to be auctioned on the blockchain. An auction contract could in fact work out of the box. There’s mentioned deposits, maintenance fees and so on. All separate processes definitely need their own smart contract.

The purchasing process intends to represent ELES as a utility token securing the transaction between the investor and the fund.

There are two ways to purchase a property with ELES:

-50% fiat, 50% ELES over a period of time.

-100% ELES, locking tokens down for a fixed period in case the investor has less tokens than the entire purchase price.

I personally see here a potential risk in having multiple purchasing methods available for the token holder, ie. there’s a fiat payment enabled and smart contract -based token locking mechanisms that create some initial confusion, and essentially put the fund itself as a single point of failure in the system. Eventually, streamlining the purchasing process would be the easiest if financing options were externalized and the properties themselves were ERC-721 non-fungible tokens, but this of course is my personal opinion. Maybe locking tokens for a fixed period works, at least this process works as collateral.

The ICO gains are promised fairly straightforward: Fixed number of tokens representing a growing portfolio. If the market picks up, the token value grows exponentially.

I need to judge the project here somehow. I see the main risk in the smart contract governing the purchase and in managing the fund itself, and the greatest reward in potential new market trend created or at least inspired by the fund. If the team can pull it off, and they’ll need to focus on developing the smart contract into an airtight, decentralized platform in order to accomplish that they might just create a new asset class that would end the recession in the market for years to come.
member
Activity: 257
Merit: 10
member
Activity: 255
Merit: 66
D labs will develop platform?  That is good to see they are very successful company!

We are D.Labs. We have worked with dozens of product teams all over the world, from individual founders who are self-funded, to large multi-national organizations. We have also created our own products and entrepeneurs. Find your place at D.Labs and become a meaningful part of something that changes the way people live.

https://prototype.elementsestates.io/real-estate/
sr. member
Activity: 644
Merit: 390
Read that guys - much info's

Created to enable the general public tapping into an exciting and lucrative market that has become the purview of an elite few, Elements Estates is bringing transparency, accessibility and security through blockchain technology.

The platform’s groundbreaking development will now make it possible for anybody to vote for their favourite properties, which Elements Estates will then acquire, followed by a purchase of vast array of properties in the South-Eastern European region (SEE) at knocked-off prices. These knocked-off prices are possible throughout the use of distressed assets, so every ELES token holder can, and will, be indirectly involved in distressed deals.

https://medium.com/@ElementsEstates/castles-in-the-sky-and-the-trouble-with-distressed-assets-32e3fe4f5a4

member
Activity: 98
Merit: 10
Great review https://coinlist.me/ico/elements-estates-ico/


Elements Estates is a real estate company that sells distressed properties in Southeast Europe. These properties and real estate services will be available on the blockchain, using ELES as a payment currency. The Elements Estates platform launches next year, allowing you to invest in European real estate with an investor-focused cryptocurrency, while the Elements Estates ICO starts in late October.

What is the Elements Estates ICO?
Elements Estates is a Southeast European (SEE) real estate company specialising in distressed properties. The SEE real estate market was devastated by the 2008 global financial crisis. Innumerable residential and commercial properties went into default. Banks suddenly had a glut of properties for which they would never be repaid. Many of these properties were in various states of disrepair. The banks couldn’t afford to hold onto them.

Elements Estates bought up hundreds of such properties at steep discounts. They still do so today, often representing the financial interests of clients. With the Elements Estates blockchain platform, ELES ICO investors will be able to buy and rent SEE properties, as well as other real estate investment actions.

The ELES ICO Concept
ELES will not act as a security token. Users will not receive dividends. Instead, ELES users can use the currency for all financial transactions on the Elements Estates platform – buying property, acting as a landlord, etc. It can be difficult for foreign investors to access SEE markets, so ELES is easily changeable for your local fiat currency.

Which Blockchain Will the ELES ICO Launch On?
The Elements Estates platform will run on the Ethereum blockchain, and ELES will be an ERC20 token, storable at any Ethereum address, where you would normally store the ETH you buy.

The Elements Estates ICO Team
The Elements Estates team is an impressive bunch of real estate professionals specialising in Southeast European distressed markets. Peter Gorinšek and Žiga Silič are chairman/founder and CEO/co-founder, respectively. Both have noteworthy accomplishments in their industry, and their active team of real estate professionals is no different. Those specific to the blockchain project number nine, with five additional advisors.
jr. member
Activity: 177
Merit: 3
See in how many languages are available website informations.



member
Activity: 219
Merit: 15
Dubai London Malta - awesome worldwide presention of EE team

this is good for project and investors&long term adoption!
newbie
Activity: 87
Merit: 0
In a world where one’s existence is invariably tied to what a piece of paper says or doesn’t say about you. From money to academics, bills, and deeds, the claims on these papers determines access and availability to both the perks and necessities of life. But what happens when you don’t have these papers or possess the required ones? Welcome to the world of the unbanked.

They are defined by the Federal Deposit Insurance Corporation (FDIC) as adults without access to formal financial institutions such as banks.
Yes banks.. centralized financial institutions who "have" us like we are some soldiers.
jr. member
Activity: 90
Merit: 1
There was a bounty going on right ? Will you have another bounty soon to get me some more ELES tokens before the ICO Smiley
member
Activity: 350
Merit: 16
The platform will act as a closed ecosystem where tokens will be used as an exclusive payment method and will provide all available services to markers under favorable conditions for the general public and will be structured in these main categories: domestic and family as their main home, commercial properties that businesses use for business and tourist properties, which are maintained to allow for one-off or one-off stays of individuals or families. The Element estates team is constantly working to improve their projects by conducting meetings and events. Capable of success.
newbie
Activity: 44
Merit: 0
Good example

Example: Tom is an ELES token holder and thinks that renovation of a property in Croatia in South East Europe has most potential of all available projects. So, he places his vote through the platform. Because other token holders also choose this as a good opportunity, Elements Estates team decides to renovate, improve and put this property for holiday rental during summer months and also for sale. Tom can now use his ELES tokens for his vacation in this property (every payment for services automatically causes lock-down of spent tokens) and also benefit from a higher demand for token in case of the sale. The ELES platform sells this property after the high touristic season (50 percent of tokens used for purchase of this property is locked-down for a 3 year cycle period). Taking all this in consideration the value of the ELES token has potential to increase due to higher demand for tokens and constantly decreasing number of available ELES tokens on market because of lock-down mechanism.

In case Tom would not hold ELES token he would be able to change his fiat currency to ELES tokens over exchange or purchase property in fiat currency from platform and Elements Estate platform would exchange fiat currency to ELES tokens on exchange for a small fee, in shortest time possible, according to the rules and limitations set for this transaction. The terms will be governed by smart contracts in which we will incorporate conditions that will assure a safe and clear process. In the following pictures, we are displaying the buying process in case the buyer of the property has crypto currency and the process if the buyer is purchasing with fiat currency.
jr. member
Activity: 127
Merit: 1
newbie
Activity: 44
Merit: 0
Blockchain-based project with underlying real estate!
Elements Estates is creating a Blockchain-based platform with underlying unique portfolio of real estate deriving from banks’ distressed assets. Our platform will offer the ability to utilize ELES tokens through purchase, rent and other services, all primarily related to newly developed and modern properties in platform ownership and solely payable with ELES tokens.

We are 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.

https://medium.com/@ElementsEstates


they have amazing articles - take time and read them  Roll Eyes
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