todamars2018
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February 13, 2019, 08:57:10 AM |
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Vision of elementsestates is clear... is this first project for real estates on blockchain in SEE region?
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ElementsEstates
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February 13, 2019, 10:08:16 AM |
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With Elements Estates, investors only need to have the platform’s tokens to gain access to properties of choice, vote on decisions on the platform or simply be a part of the ecosystem
so we will have power to decide?
like it's the point of blockchain
Yes, every ELES token holder will be able to vote on which property to be acquired by the Fund.
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ElementsEstates
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February 13, 2019, 10:09:35 AM |
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The ELES holder will be able to benefit from the possibilities via the ELES platform in first stage?
Which ones?
waiting for answer
Yes, in the first stage, after the final ELES platform is introduced, the ELES holders will be able to: - rent touristic properties (in SEE region); - purchase or rent commercial and residential properties; - interact and get updates and information about Fund properties. Later additional services, from which the ELES token holder will be able to benefit, will be introduced on the ELES platform.
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ElementsEstates
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February 13, 2019, 10:10:58 AM |
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Which countries are banned from participate in crowdsale?
USA, China, South Korea, Saudi Arabia, Russia, Philippines and Singapore citizens are not allowed to participate in ICO. Citizens of other countries are welcome to participate.
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ElementsEstates
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February 13, 2019, 10:14:15 AM |
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Vision of elementsestates is clear... is this first project for real estates on blockchain in SEE region?
There are more and more real estate projects on blockchain every month. But we are quite certain that our project is the only one with such a specific model (token economics, focus on SEE region, real estate projects deriving from banks NPL's) and a token with the underlying assets behind, at least at this moment.
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ElementsEstates
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February 13, 2019, 10:22:30 AM |
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Blockchain is the future for sure. Could you explain me 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 touristic-, commercial- and residential properties, starting with the SEE region. While the Fund will focus on identifying distressed assets, 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 on ELES platform. So the platform becomes the crossroad, where value optimization is reflected within the real estate projects that are finalized and out on the platform. The value of individual real estate is expected to be worth more than the investment amount (purchase + finalization). And here lies the hidden value that ELES token holders will benefit from once these real estate projects are sold or rented away. Blockchain technology will help us within our Ecosystem, where with every transaction made through our platform for selling, renting or other services, half of the tokens will get locked, effectively taken out of circulation and decrease active tokens on the market. Without Blockchain technology this would not be possible in order to have trustworthy system behind.
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ElementsEstates
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February 13, 2019, 10:35:25 AM |
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Why should ELES tokens value grow - what facts do you have?
On one side, the portfolio of real estate will increase, while on the other side, with every transaction (selling or renting service of real estate), half of the tokens will get locked and taken effectively out of circulation, decreasing active tokens on the market, which will have a positive effect on the token value. So here we are talking about the basics of value and circulating quantity. Another factor that influences the price is the liquidity. And also with this reason we plan to introduce the renting of the properties as this will create constant demand on the ELES tokens, again creating space for token value growth.
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todamars2018
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February 14, 2019, 07:32:30 PM |
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Why should tokens value grow - what facts do you have?
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masstahcoiner
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February 14, 2019, 07:46:45 PM |
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What benefits and ecosystem have better EE than other real estate projects from 2018 and 2019 that will be ICO's ?
any details?
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ExchangeMasterCrypto
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February 15, 2019, 10:23:04 AM |
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If I buy a portfolio from the platform, who will take care of all the paperwork of the house ?
We will help with all the paperwork. And before the land registries are fully digitalised, this has to be done manually with lawyers and notaries, of course it depends from country to country. This means the buyers will still have to sign all the classical paperwork, but we want all the transactions to be clean and secured.
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CryptoFairyDust
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February 15, 2019, 10:28:13 AM |
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This is interesting: https://foxico.io/project/elementsestatesElements Estates is creating a Blockchain-based platform with underlying unique portfolio of real estate deriving from banks’ distressed assets. The platform will offer the ability to utilize ELES tokens through purchase or rent of real estate and other services, all primarily related to newly developed and modern properties in platform ownership. Elements Estates is 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. ratings are cool and I guess they are realistic: https://foxico.io/project/elementsestates#rating
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todavenera
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February 16, 2019, 07:20:04 PM |
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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. so if that will be possible real estate market will change a lot in a better way, safer way, faster way and again power to the ppl
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masstahcoiner
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February 16, 2019, 07:50:13 PM |
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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.
so platform will be ready in 2019 or in 2020?
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CryptoCADCAM
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February 17, 2019, 09:24:55 AM |
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One of the #reasons why we focus on distressed #realestate is that the redevelopment of distress #properties will help to improve the #communities, environment and the overall #urban feeling. The improved abandoned and/or distressed properties will (1/2) (2/2) lighting up the neighborhood and #enrich the surrounding quality of living. https://twitter.com/ElementsEstates/status/1095997836741828610
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Halami Takhash
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February 17, 2019, 09:26:57 AM |
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Everyone should read it .. importante
Quantity of tokens is limited so this is not the point, really. As we will be reducing the active tokens from circulations, this will lead to raising value of the remaining active tokens as they will be the only ones left to satisfy the demand on the token on the market. After 3 years, there will be a decision by the crowd whether to put locked tokens back on the market or not. In case locked tokens, or part of them get unlocked and back to market, we will sell them and for the money received buy new distressed deals, with discount, which shall not have then a negative effect on the price of the token, consequently increasing again portfolio of real estate.
on the question: How will you make sure for the daily volume if in time there will be 50% lock down tokens for 3 years ? How will you make sure that you will not run out of tokens at some point ?
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GT-RR
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February 17, 2019, 09:41:23 AM |
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Real Estates and the Blockchain: The Next Investment Frontier
The fourth industrial revolution has finally found the catalyst to spur on its growth, the Blockchain. The blockchain’s ushering of revolutionary mediums for securely and transparently exchanging values with no middlemen has been nothing short of a game changer across all industries. Investors from all over the world are now being afforded real-time investment opportunities through hassle-free, decentralized platforms. Industries whose accessibility have, hitherto, been mired in opacity and potentials stymied by soteric accounting have finally found the perfect vehicle for manifesting their true worth. One such industry is the distressed asset.
Following the financial crash of 2008/2009, the post-recession recovery rate of EU countries continues to be at odds with each other especially Non-Performing Loans (NPLs) backed by real estate collateral. This movement is strongly present in SEE region, as there are the highest balance NPL’s since the economic crisis. The crash, brought on by NPLs and overvalued properties (basically, folks couldn’t afford to pay their mortgages), has long since gone down in history as the biggest financial meltdown the world has ever seen, yet its spectre continues to haunt the real estate industry.
When you take a loan from a bank, the bank expects the loan to yield interest and be repaid under specific conditions. This is a performing loan. However, when the customer cannot fulfil the agreed repayment plan after 90 days or more, the bank now has to set aside capital on the assumption that the loan may not be repaid, drastically impacting its capacity to facilitate new loans. At this stage, the loan is now a Non-Performing Loan.
To remain profitable, banks must keep their NPLs at a bare minimum and in some cases, are prepared to sell high-collaterals to clean up NPLs and inject capital into their operations. Herein lies the opportunity that sets Elements Estates apart from all other “real-estate-on-the-blockchain” platforms.
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regrattt
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February 17, 2019, 11:24:17 AM |
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In its most basic form, blockchain makes it possible for the first time ever for people and companies to make major transactions without going through an intermediary. Intermediaries like credit card service companies, stock exchanges, banks and governments can make transactions expensive, slow and illiquid and may open opportunities for fraud or crime.
Access to deals, the amount of time it takes to close, property title mistakes, high fees and fraud bog down the real estate industry. It is the largest asset class in the world and has had minimal innovation in the way of increased efficiency during transactions. Blockchain poses major opportunities for innovation in real estate. Here are three innovations that will change how real estate is done for the better in 2019.
Tokenization
Historically, owning the most lucrative hard assets required investors to already be wealthy and have the luxury of being able to wait years to liquidate. That changes with tokenization.
Tokenization democratizes ownership of assets by using cryptocurrency to split assets into tokens that are stored on the blockchain. Someone who wants to invest in a trophy real estate project now has the luxury of being able to resell their share on the open market through secondary trading. Also, people in different geographies and tax brackets now have access to attractive investment opportunities that they previously would not. In 2019, I believe we will see a major migration of real estate ownership moving to the blockchain.
so EE is the answer to blockchain in realestate for future
don't you think so guys?
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