Alt.Estate – TRADE IN THE TOKENIZED REAL ESTATE

Alt.Estate is the first tokenization project with a clear strategy of entering the market. Our proposal provides clear economic incentives for market participants who will use and promote our Protocol with the involvement of their own marketing budgets. Decentralization of  Alt.Estate helps the real estate market to become truly equal.

The transition from a centralized system to a decentralized one must be carried out smoothly, so as to minimize the risks of implementation.

The protocol ensures integrity and allows two parties to conclude a deal without intermediaries or, if necessary, still attract a third party.

Accelerated transactions

Alt.Estate Protocol eliminates the need to contact third-party brokers, lawyers and banks, as they will all be network members, or the Protocol itself will take on their functions, such as maintaining the listing procedure, organizing document circulation and processing payments. The standard procedure for registering the transfer of ownership with notarial certification of documents can take up to 60 days. Transactions in Alt.Estate are processed in less than 10 minutes.

Lower costs

Alt.Estate will help significantly reduce operational fees by eliminating the services of third-party intermediaries and eliminating overhead costs in the exchange of assets (accounting for up to 30% of the total value of real estate). The transaction fee for Alt.Estate for the transaction is 2% (15-fold savings compared to the traditional real estate transaction), and this rate may still decrease as the network grows.

Liquidity

Owners of real estate get access to both phyto and crypto currency investors, geographical borders are erased, which significantly speeds up the process of real estate sales. Owners of tokens tied to a particular real estate can trade them in the secondary market through the Alt.Estate Platform or on any other site.

Tokenization

Share ownership allows you to purchase real estate for everyone, reducing the threshold of entry. Tokens tied to a particular property take into account the specifics of this asset and local jurisdiction. Sellers receive a flexible sales tool, and buyers – the opportunity to choose from a wide range of offers anywhere in the world.

Transparency

Data on ownership and transactions are available to all network members. These data are stored in a distributed network, and hashes are written in the locker. The distributed consensus is protected by the “share confirmation” method: buyers and sellers themselves manage their information and can be assured of the purity of transactions.

Benefits

Low entry barriers

1/1000 share of the property can be bought by almost anyone.

Low operating fees

Tokenization can significantly reduce the transaction costs, which under the traditional approach can be up to 30% of the value of the property.

Global portfolio

Private and institutional investors can buy or sell asset shares anywhere in the world.

Rich experience.

Team members and advisers of Alt.Estate participated in the execution of real estate transactions for a total of $ 4 billion. An interdisciplinary team of professionals unites efforts and creates breakthrough innovations .

Investment portfolio

Even a small investor can diversify his portfolio by buying tokens of the Manhattan penthouse, a warehouse in Guangzhou, coworking in Amsterdam and a villa in Bali.

Cleanliness and protection

Before the tokenization of real estate, the legal purity is checked, and the distributed storage of all collected information guarantees additional protection.

Information:

Website: https://alt.estate/?utm_source=bountyhive

Whitepaper:  http://alt.estate/upload/files/altestate_whitepaper.pdf?utm_source=bountyhive

Bounty: https://bountyhive.io/join/Alt.Estate

Author: nguyenluancmg

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.