It’s not a secret anymore, that Blockchain world is growing very fast. New projects, start-ups, instruments may bring a new light to old ideas .
Our team’s task was to create a reliable and convenient service for selling expensive goods as: watches, equipments, auto, real estate and more.
Our philosophy is simple: buy a
Lamborghini for 1$!
Without cheating, without any risks for seller or buyer.
We are seeking to discuss together the feasibility of this project, which highly wants to live. Our aim is to create a platform, based on blockchain and operating on Ethereum smart- contracts , connecting individuals who want to sell expensive goods and those wishing to buy them for less.
The process is very simple: the seller is offering a good and demands a willing price for it. The system will generate the required amount of COINs, each of it you can buy for any cryptocurrency). If a buyer- user is interested in this good, he have to buy at least 1 COIN to participate in a draw for this specific good. When the required amount of COINs is collected, the lot is played out and the selected winner buyer receive his good, and the seller the demanded price.
The reliability and the transparency of transactions is due to the smart-contract, the most important element of the new Blockchain economy.
Our idea is not a new one but we are confident in its efficiency and utility for both: buyer and seller. The motivation and enthusiasm came after Dunstan Low successfully raffled his £845,000 Lancashire mansion, United Kingdom, in august 2017.
Mr Low, sold 500,000 raffle tickets costing £2 each and received 12,000 free entries. Each entrant had to identify the architectural period the home was built, the element of skill required. Once he had raised his £1 million target he put the winning entries into a raffle.
“It’s basically like crowdfunding,” he said. “If you don’t raise the target, you revert to a cash prize. So many people have got in touch to say that the top end of the market is stagnant and this technique is a way to get round a difficult housing market.”
He is just one of a number of entrepreneurs hoping to set up an online company to help people market their home for a draw and avoid the legal pitfall.(
https://www.telegraph.co.uk/news/2017/08/19/homeowners-could-gambling-house-home-raffles-authorities-warn/)
What’s next? What about you? Would you like to be part of our project and win your own “Lancashire mansion” ?
