https://www.linkedin.com/company/elementsestates/
Topic: [ANN][ICO] 🚀🚀 ElementsEstates: Token of your Real Estate opportunity!🚀🚀 - page 61. (Read 37988 times)
October 01, 2018, 08:00:59 AM
October 01, 2018, 07:56:08 AM
When next AMA will be?
On Thursday, September 6, Žiga Silič, CEO and Co-founder of Elements Estates, was answering community questions at the AMA session on the official Telegram group. A few days later we posted the first part of the ‘’The 7 top questions + answers from the Ask Me Anything Telegram session’’. Today, the Elements Estates team has compiled the second 7 top questions and questions from the previous AMA. In this part, Mr. Silič is answering questions about the current crypto market, property acquisitions & development and why blockchain technology is needed.
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.
On Thursday, September 6, Žiga Silič, CEO and Co-founder of Elements Estates, was answering community questions at the AMA session on the official Telegram group. A few days later we posted the first part of the ‘’The 7 top questions + answers from the Ask Me Anything Telegram session’’. Today, the Elements Estates team has compiled the second 7 top questions and questions from the previous AMA. In this part, Mr. Silič is answering questions about the current crypto market, property acquisitions & development and why blockchain technology is needed.
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.
October 01, 2018, 01:39:41 AM
so this is what it will took like with portfolios not done .. in development ?
September 30, 2018, 06:41:23 PM
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?
September 30, 2018, 06:04:57 PM
September 30, 2018, 06:02:22 PM
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
September 30, 2018, 05:58:51 PM
I checked out your project and look solid. Great job so far for evetything guys just I wonder you have written that in October you have pre-ico and ICO. Please explain a little bit more how that can be all in one month ?
September 30, 2018, 05:55:32 PM
Can someone tell me please something more about this ELES token fund ? I do not get the point.
September 30, 2018, 01:06:22 PM
This is proper for project!
Good connections and deals for future
Mr. Silič just left Dubai and is already participating in the #London #GRI Club #meeting for Real estate & the #Blockchain opportunities. Having a great time with lots of discussions and meetings.
https://twitter.com/ElementsEstates/status/1045313444038283264
Good connections and deals for future
Mr. Silič just left Dubai and is already participating in the #London #GRI Club #meeting for Real estate & the #Blockchain opportunities. Having a great time with lots of discussions and meetings.
https://twitter.com/ElementsEstates/status/1045313444038283264
Is this "the talk" with the potential investors ? smiling I see
September 28, 2018, 01:42:27 PM
Transparency is a driving force behind any globally inclusive investment tool. By seamlessly running smart contracts for immutable fund transfers within the buying, selling and leasing of properties, Elements Estates has developed an ecosystem that does not require building trust through fallible, human agencies. The platform will serve as middle point where real estate meets the core pillar of the Fourth Industrial Revolution — the blockchain.
transparency is the key in every project!
transparency is the key in every project!
September 30, 2018, 01:03:56 PM
Read whitepaper and all medium articles about project. You will see a masterpiece
https://medium.com/@ElementsEstates
https://medium.com/@ElementsEstates
September 30, 2018, 12:51:54 PM
Real estate + blockchain + crypto + token = success for all company and investors
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.
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.
September 30, 2018, 11:14:38 AM
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.
when aprox. will be next update of MVP released?
thank you very much for answers
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.
when aprox. will be next update of MVP released?
thank you very much for answers
September 30, 2018, 11:12:50 AM
ELES token value: $0.55
are there any discounts for crowdsale?
are there any discounts for crowdsale?
September 30, 2018, 10:27:23 AM
How the Real Estate Industry got its Fundamentals Wrong
There are two ways to increase the price of any item; either the demand increases or supply reduces. A hike in the demand for an item always results in the appreciation of its market value as long as the supply remains fixed. A reduction in supply, on the other hand, means not enough to go around, resulting in a higher valuation for the available. Hence, the reason why the red diamond remains the most expensive gem in the world due to its rarity.
Buoyed by positive sentiments and easy access to credit facilities, the increase in demand for an item may result in a boom. Characterised by increased commercial activity, these medium to long-term periods of rapid market growth is the pursuit of every business and sustaining it, their goal. Output increases, investment, and job opportunities open up, and prices climb up sharply, driven by market enthusiasm.
Strong investors’ confidence and demand is the driver behind the market boom. Investors’ confidence in a “bright” future always translate into more purchases in anticipation of selling at a higher price in the future, resulting in speculations. The increased purchasing demands means companies have to boost supply by acquiring the necessary manpower for raising production level. With easy access to capital and liquidity, investors, businesses, and now speculators can borrow at very low rates, stimulating more demand. But what happens when the market overheats from the friction caused by demand outstripping supply or too much money chasing a limited supply? A bust is on the horizon
It doesn’t matter how well or carefully managed, a bubble will always bust in the end, especially one carried by euphoria and a callous disregard for caution. Such was the state of the real estate industry in the early and mid-2000s where the mania over owning a house grew to such alarming levels that strict lending requirements were abandoned and interest rates drove into the ground. The mania drove speculators into the market, who were flipping houses for quick gains within a short period of time. At its peak, 30% of the market valuation was supported by speculative activity
There are two ways to increase the price of any item; either the demand increases or supply reduces. A hike in the demand for an item always results in the appreciation of its market value as long as the supply remains fixed. A reduction in supply, on the other hand, means not enough to go around, resulting in a higher valuation for the available. Hence, the reason why the red diamond remains the most expensive gem in the world due to its rarity.
Buoyed by positive sentiments and easy access to credit facilities, the increase in demand for an item may result in a boom. Characterised by increased commercial activity, these medium to long-term periods of rapid market growth is the pursuit of every business and sustaining it, their goal. Output increases, investment, and job opportunities open up, and prices climb up sharply, driven by market enthusiasm.
Strong investors’ confidence and demand is the driver behind the market boom. Investors’ confidence in a “bright” future always translate into more purchases in anticipation of selling at a higher price in the future, resulting in speculations. The increased purchasing demands means companies have to boost supply by acquiring the necessary manpower for raising production level. With easy access to capital and liquidity, investors, businesses, and now speculators can borrow at very low rates, stimulating more demand. But what happens when the market overheats from the friction caused by demand outstripping supply or too much money chasing a limited supply? A bust is on the horizon
It doesn’t matter how well or carefully managed, a bubble will always bust in the end, especially one carried by euphoria and a callous disregard for caution. Such was the state of the real estate industry in the early and mid-2000s where the mania over owning a house grew to such alarming levels that strict lending requirements were abandoned and interest rates drove into the ground. The mania drove speculators into the market, who were flipping houses for quick gains within a short period of time. At its peak, 30% of the market valuation was supported by speculative activity
September 28, 2018, 01:46:53 PM
i THINK HODL of ELES tokens will be the only wise option for good ROI in future
The ELES holder will be able to benefit from the possibilities
via the ELES platform
Renting tourist properties
(starting in the SEE countries).
Purchasing or renting of commercial and residential properties.
Interaction, updates and
information about Fund properties.
Quick conversion of the ELES tokens via payment services provider.
(2nd stage)
A dedicated loan facility service
of the ELES token.
(2nd stage)
A payment card supporting ELES.
(2nd stage)
Real estate services with smart contracts for external properties.
(2nd stage)
Other solutions and services.
(2nd stage)
The ELES holder will be able to benefit from the possibilities
via the ELES platform
Renting tourist properties
(starting in the SEE countries).
Purchasing or renting of commercial and residential properties.
Interaction, updates and
information about Fund properties.
Quick conversion of the ELES tokens via payment services provider.
(2nd stage)
A dedicated loan facility service
of the ELES token.
(2nd stage)
A payment card supporting ELES.
(2nd stage)
Real estate services with smart contracts for external properties.
(2nd stage)
Other solutions and services.
(2nd stage)
September 28, 2018, 01:44:32 PM
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.
OUR VISION
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.
BLOCKCHAIN
Do we need blockchain?
Elements Estates believes blockchain technology will change the world – the way we live, do business and travel around the world.
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.
ECOSYSTEM
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.
guys read more in whitepaper - project will prosphere
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.
OUR VISION
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.
BLOCKCHAIN
Do we need blockchain?
Elements Estates believes blockchain technology will change the world – the way we live, do business and travel around the world.
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.
ECOSYSTEM
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.
guys read more in whitepaper - project will prosphere
September 28, 2018, 01:22:51 PM
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.
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.
September 28, 2018, 05:18:23 AM
This is proper for project!
Good connections and deals for future
Mr. Silič just left Dubai and is already participating in the #London #GRI Club #meeting for Real estate & the #Blockchain opportunities. Having a great time with lots of discussions and meetings.
https://twitter.com/ElementsEstates/status/1045313444038283264
https://preview.ibb.co/bCx4Wp/Do_Gz_Bl_WW0_AUqkm3_jpg_large.jpg
Good connections and deals for future
Mr. Silič just left Dubai and is already participating in the #London #GRI Club #meeting for Real estate & the #Blockchain opportunities. Having a great time with lots of discussions and meetings.
https://twitter.com/ElementsEstates/status/1045313444038283264
https://preview.ibb.co/bCx4Wp/Do_Gz_Bl_WW0_AUqkm3_jpg_large.jpg
all of them smiling. Good times are comming I think
September 28, 2018, 04:39:23 AM
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