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Topic: [ANN][ICO] 🚀🚀 ElementsEstates: Token of your Real Estate opportunity!🚀🚀 - page 60. (Read 37988 times)

member
Activity: 98
Merit: 10
Real estate-backed
token
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

October 2018, TBA

Public pre-sale price

0.40 USD

Public crowd sale date

October 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



Todal supply of ELES token is perfect
legendary
Activity: 1414
Merit: 1005
Guys do some homework

read whitepaper - there is almost everything you need to know - read slowly so you will understand

https://elementsestates.io/ElementsEstates-whitepaper.pdf


NPLs and the opportunity After an extensive research, Elements Estates has concluded that the timing is ideal to buy distressed assets from banks portfolios. There are still a large number left after the financial crash of 2008 and the banks have a level of urgency to remove these from their holdings, they will usually do so at an under-valued rate as even this is more effectively as if they step out of their core business and start the construction finalization processes by themselves.

And in fact, opportunities as such are never completely gone as it appears that there are always some regions passing through difficult economic times. Exactly than these types of properties appear and offer a unique opportunity.

The Elements Estates team will look at each property individually. As with every investment, the most important factor when measuring the investment potential is the entering price . The difference between entry and exit price is the sweet part of distressed deals and will enable the Elements Estates team to extract the hidden value from the underlying real estate assets, building a sound and stable base for the token value .
Essentially as the value of the real estate portfolio increases in value, the Fund can place its assets in more projects . At the end this means more units for sale or rent which will yield a higher demand for ELES tokens and result in significant increase of the value of each token. This is because the increased use will generate an appreciation of value, especially when we consider that with every transaction 50 percent of the tokens in transactional value is lockeddown.

Region overview Primary target of our investments is South-East Europe (SEE) . It is a region with huge investment potential. After the global financial crisis, the region has averaged annual gross domestic product (GDP) growth of 2 .3 percent meaning its growth was stronger than the annual average for the European Union (EU) at 1 .2 percent (source: data .worldbank .org) .
Last-year’s Q3 growth reached record levels at 8 .2 percent and gradually moderated in Q4 of 2017 to 4 .7 percent which is still well above average of EU . Regional GDP growth for 2017 is estimated at 5.5 percent, which is the best performance of SEE region in eleven years. These trends will continue in the forthcoming years . With a combined market size of 21 million people, young workforce and competitive costs of production the region has significant untapped investment attraction potential while majority of countries are either candidates for accession to the EU (Serbia, Montenegro, Macedonia, Albania) or potential candidates (Bosnia and Herzegovina, Kosovo).

The SEE region is regarded as the region with the highest mid-term potential from distressed deals within the EU. Our focus in a first phase is on four countries: Greece, Cyprus, Croatia and Slovenia, all members of EU.
Banks in those countries are saddled with around 130 billion euros in non-performing loans which in Greece equal to almost 60 percent of the economy and in Cyprus to around 43 percent. The financial sector in Greece is trying to deleverage by getting rid of as many NPLs as it can, making it a top policy priority for creditors, including European banks and the IMF. Greek banks have been accumulating NPLs through their balance sheets while they have been taking generous provisions against them thus making available a lot of properties at below-market value.

All countries with a partial exception of Slovenia are major powerhouses in tourism while Croatia has the highest potential . 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. Almost billion euros will be invested in Croatian tourism only in 2018 in hotels, other types of accommodation facilities and other areas .
Potential of these countries remains high due to growing instability and risk of terrorism attack in some other major tourism economies in Middle East and North Africa . This will increase their attractiveness and demand for tourism and residential assets.
 
newbie
Activity: 57
Merit: 0
When new AMA?

I liked previously ama!





On Thursday, 6th of September, Žiga Silič the CEO and Co-founder of Elements Estates did an AMA with the community in the Elements Estates Telegram group. In this article, you will read the top 7 questions + answers from the session. Read how Mr. Silič explains the Elements Estates project, expresses the importance of the ELES tokens and reveals the recent new big step toward our goals. Feel free to comment and ask if you have any more questions. Enjoy!

Dear all, before I start answering your individual questions, I have written a short intro.

Let me first share some light on our journey for Elements Estates project. Since the beginning of summer 2017, when the idea was born, and from September 2017 onwards, when core team started working on business model, legal set-up, getting right people on board and external partners, reviewing and testing different solutions, we finally achieved a unique project and product as such. We have reached many milestones for which personally I am as well very proud on. At this moment I will put emphasis on one of them:

I am happy to announce that we have already reached our Soft Cap goal of $2.500.000 participation in private sale.

Now let me start with answering your questions.

When will the Whitelist and KYC (Know Your Customer) be available?
For every KYC process there is a lot of demands to be met in order to be in accordance with legislation and rules. We took care of this, developed the system to make the whitelisting and KYC process possible and made a partnership with trustworthy company for this process.

So now that we did all that, you may expect the whitelist to be opened within 2 weeks’ time.

How will we be able to monitor the investments of the real estate fund in separate phases?
Well, we have a classical infrastructure and profile of people behind. What we do is we first analyze potential real estate projects, we make thorough due diligence (static, dynamic with cash flows, risk analysis, etc.), different scenarios weighted and investment decision. Later on it will be presented on Platform for voting. After decision and acquisition of project a skilled project manager takes over, a set-up of external partners and supervisors is done and a start of the monitoring process etc. Projects will constantly be monitored, timelines and costs re-checked. We will have 5 phases on projects and final date on finish of the projects, like you can already see in beta platform.

I think ELES tokens will be very valuable someday and can I (in the future) rent a place on your platform, (for the holidays) in fiat money? Who will do the transfer? Will you also have some kind of crypto/fiat gateway?
Yes, that is the project. You will be able to exchange your tokens for an ownership of a certain house, villa, property, or go for holidays, where you will rent different facilities with our token. In other words, for buying or renting you will pay in ELES tokens, where ELES will act a currency. In case of Fiat, we will have on our platform a partnering exchange that will have a very easy way to exchange different fiat to our ELES. That is also a very good question, and I thank you for it, because we see a lot of demand for nice real estate from classical markets.

For touristic purposes we have different projects on the table, from houses, villas to hotels and camping’s.

Did you consider going for security tokens instead of utility tokens? I don’ understand the utility of the token right know?
With regards to utility, we will not do any dividend or rental payments out, but we will reinvest up to 80% of profits back to platform, liquidity pool and real estate projects, which we will develop. 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. By restructuring, we increase the value of projects as such and the portfolio as a whole.

On the other side, with every transaction on the platform, half of the tokens will get locked through smart contract for 3 years and therefore effectively taken out of circulation, which will have positive effect on value of token. On one side increase in value of the portfolio and on the other decrease of token circulation.

And with regards to going for security tokens instead of utility tokens: Yes, this is an option for the future, no decision yet. We however have an infrastructure behind that will quite easily allow us to transform into security. It is a serious option for the future, also when legislation and regulatory will be clearer for security tokens.

What will be the difference in project development between the soft cap $2.500.000 and hard cap $50.000.000? Or mainly, how many real estates from the pipeline can be bought?
We have for more than $100.000.000 in total of projects on the table, coming from different countries of South-eastern EU region (SEE), which was in last years left behind in comparison to western countries in terms of distressed assets restructuring and sell-off of NPL from Financial Institution. We are targeting projects between $2.000.000-$8.000.000, depending on the final amount that we raise, we want to get best projects inside and as well diversification among assets class and countries. With a single project it is meant a complex of houses, villas, apartments, or flat (each unit will cost much less), or hotel, comping place, building with business offices, etc.

As most projects struggle in fundraising, can you tell us a little more than soft cap reached? How far are you right now and are many discussions ongoing?
To be honest, it is not an easy market:) We are still in private sale and there will be many meetings with potential participants in the near future. I am also within next two weeks time in London, later on this September at congress from Agora Group in Dubai together with Peter, and so on. Just in general, I can say that we are already bidding on some real estate projects as we want to have some properties on the platform before the start the crowd sale, or latest before the end of crowd sale.

Will it be possible if two customers buy a house on your platform, let us say in some kind of auction or something, and then you ‘flip’ the house and make it beautiful and fully functional. And then me and my ‘partner’ sell the house with profit and you get a commission or something. Will that be possible?
We will have one token for the whole portfolio, we are not doing tokenization of an individual property. If you and your partner, for instance, will want to buy a house, half & half, you will each transfer half of the needed tokens through a smart contract, and you will then become owners together. We however will not do more than one, or two different signing to land registers in respect to many different ownerships, at least not in the beginning. In case of security token, tokenization would be possible.

At first, we will be in restructuring and development of real estate on our own as this is also our great advantage in know-how and experience. Later on, we will as well offer brokerage services for properties not in our ownership, especially when land registers get digitalized and bring blockchain to its full use in terms of smart contracts.
newbie
Activity: 33
Merit: 0
The centralization of payment solutions has resulted in the creation of an isolated ecosystem that functions only as long as the user stays within its parameters. The instant they venture out, it’s back into the cold and precarious world of the unbanked.

this matters!
jr. member
Activity: 80
Merit: 2
What’s more, Elements Estates will be releasing a physical payment card in the future, enabling token holders to physical spend their cryptocurrency at any Point-of-Sale terminal or merchant services. Every user on the platform will be able to track all properties and follow development of assets on the platform. They will also be provided with regular valuations, reports and other relevant documentation to be assured complete transparency.

This is just amazing!  Payment card with complete transparency!   How cool is that!  Cool
jr. member
Activity: 33
Merit: 1
Elements Estates is bringing years of experience in the development and management of some of the most talked-about real estate deals in the SEE region to the blockchain. Deriving its unique portfolio from banks’ distressed assets, the platform enables anybody to purchase, rent and execute real estate-related services from anywhere in the world. Users holding the platform’s native ELES tokens will be able to benefit from the hidden value of distressed assets, acquired at well below market value from banks eager to clean up the Non-Performing Loans on their books.

Elements Estates combines three unique elements for an inclusive and profitable ecosystem.

They are:

The safety and stability of the real estate sector,
The high-profit potential of distressed real estate deals and,
The transparency of the Blockchain.


That's why ElementsEstates project is #1 in europe and worldwide in real estates and blockchain!

jr. member
Activity: 128
Merit: 5
Aaron van Hoven, [02.10.18 15:37]
[ Photo, Mr. Silič (CEO & Co-founder) is joining the DELTA Summit in Malta tomorrow! A great opportunity to meet and talk to potential contributors and experts in the field ]

Aaron van Hoven, [02.10.18 15:38]
Here is the official website of the summit: https://delta-summit.com/


from ElementsEstates telegram

very good choice Malta

there is blockchain Hub #1 in the world

CEO will be in malta ? Malta is one of the top countries exploring and developing blockchain (this is awesome)
sr. member
Activity: 532
Merit: 250
Among the many real estate projects that came out on ICO this year, yours appeals to me the most. I see Alt. state, Dominium, Homelend, but no one from them has nice MVP like you. So my question is - when we can try beta?

I agree that there was a lot of ICO connected with real estate and many of them was unsucessful. People desapointed. They want to see a ready project or at least a beta version.
jr. member
Activity: 177
Merit: 3
Aaron van Hoven, [02.10.18 15:37]
[ Photo, Mr. Silič (CEO & Co-founder) is joining the DELTA Summit in Malta tomorrow! A great opportunity to meet and talk to potential contributors and experts in the field ]

Aaron van Hoven, [02.10.18 15:38]
Here is the official website of the summit: https://delta-summit.com/


from ElementsEstates telegram

very good choice Malta

there is blockchain Hub #1 in the world
member
Activity: 83
Merit: 10
Investing Without Overheating

Hailed as a technological tour de force, the blockchain is a distributed, decentralized, and disintermediated public ledger system pioneering groundbreaking innovations in financial transactions. This technology is also eliminating the traditional barriers that often restrict the public’s participation in profitable investment opportunities. Utilizing this technology, Elements Estates is throwing open the doors to real estate investment opportunities based on a cultivated portfolio of distressed assets. With most financial institutions now eager to clean up their books by selling distressed assets at well below market value, Elements Estates is tapping into a lucrative investment opportunity.

Elements Estates blockchain-based platform is governed by smart contracts and crowd wisdom. Smart contracts ensures that the terms of every transaction is executed according to agreement. All transactions are recorded to the blockchain for full transparency and accountability. Investors will be able to follow up on the status of all properties in the portfolio, vote on properties to acquire, renovate, sell, or rent, and easily exchange values without usual intermediaries. By eliminating third-party mediators, Elements Estates is ensuring a levelled and sustainable playing field with sound fundamentals for the real estate industry.

Now it’s only a matter of time and patience for countries to provide the full digitalization of land registries. After that, the Elements Estates platform functionalities and opportunities will grow to new heights and even the sky won’t be a limit.



fabolous reading guys

https://medium.com/elementsestates/how-the-real-estate-industry-got-its-fundamentals-wrong-4b72cc8f52ac
member
Activity: 98
Merit: 10
Elements Estate is offering investors worldwide seamless and direct access to a diversified portfolio of distressed real estate assets in the South Eastern Europe market (SEE) through blockchain technology. Investors from any location can tap into real estate investments opportunity with zero limitations and zero need for any third-party agencies. Its blockchain backed solution will eliminate the hassles facing the lustrous real estate industry by ensuring that buyer gets their title or deed and the seller gets their cryptocurrency payment.  
newbie
Activity: 23
Merit: 0
South-East Europe (SEE) is one of the most fertile landscape for distressed assets. The region is regarded as possessing the highest mid-term potential from distressed deals within the EU with an averaged annual gross domestic product (GDP) growth of 2.3% despite being saddled with 130 billion euros in non-performing loans. To remain profitable, banks must keep their NLP at a bare minimum and in some cases, are prepared to sell high-collaterals to clean up NLP and inject capital into their operations. Herein lies the opportunity that sets Element Estates apart from all other “real-estate-on-the-blockchain” platform

I see that team is in Dubai and London

this is good for private sale 3
newbie
Activity: 44
Merit: 0
An interesting and worthy project Elements Estates with a good team and real goals. I recommend that you pay attention to this project.

check their prototype

https://prototype.elementsestates.io/
jr. member
Activity: 115
Merit: 3
Pretty good job I see  first Dubai and later (last week) London. What is next ? you have somekind of roadmap for conferences and presentations ?
newbie
Activity: 51
Merit: 0
The token ECOsystem in one picture. (Token value growth)

https://i.imgur.com/SGaSN3Y.png



I hope over time it will grow as it says in the whitepaper and the webpage. Well if you think of it from just a logival point it makes sense. More people + tokens + more portfolios = more value of the token  Cool

this cryptomarket is a little bad for this right now but if we wait for the cryptomarket to be healthy a lot of people would buy eles tokens if they are smart. If they read the plan what is to happen with the lockdown of tokens that will be success.
jr. member
Activity: 84
Merit: 1
Check team on LinkedIN - very pro

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




I find it very exciting that the softcap has already been reached. All we have to do now is wait for the crypto market to maybe take a turn upwards. Will be better in the whole cryptomarket don't you think. ?
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