[ANN][ICO] 🚀🚀 ElementsEstates: Token of your Real Estate opportunity!🚀🚀

[CypherOG]

USECASE #5 - With #blockchain, all service providers, contracts, authorities, administrators, etc. could be connected and managed decentralized. Especially in connection with #IoT (Internet of Things), a variety of applications are conceivable.

Meet Johan, a pensionist moving to Cyprus with his wife and comes along the ELES platform when searching for a new home.

Johan has lived and worked all of his life in Germany. Now that he is retired and his children are grown up with families of their own, he and his wife are considering to move to country with warmer climate, where they would feel safe and welcomed. So they decide to first rent an apartment on Cyprus for one month to get to know the country better and then decide about possibility of moving there permanently.

While there, they find the climate very suitable, and the fact that there are good medical services contributes to the decision of buying an apartment with rooms for visitors there and enjoy the peaceful years ahead. But when searching for information on what documents and procedures are needed to eventually become an owner of an apartment, they are starting to doubt a moving decision. Until Johan’s wife encounters ELES platform, offering a nice apartment in desirable location right near where they have already seen some properties.

[GodfatherofAlts]

Take a careful look at the last ama 

Here it is the top 7 QandAs

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.

[bakterijasux]

i invest in one ICO from healthcare  half year ago but they didn't reveal all progress   most things were shady

will you reveal all progress and everything that is written in white paper ?

and i think that is not ok  not for project - not for investors

waiting for answers

[hrbt]

i very like updates on EE Twitter - good edu for crypto twitter

https://twitter.com/ElementsEstates

[GT-RR]

Website | Whitepaper | MVP | LinkedIn | Telegram | Twitter | Facebook | Youtube | Medium | Reddit

Elements Estates is creating a unique investment opportunity for the real estate industry derived from distressed assets in the South East Europe(SEE) region through Blockchain technology. Lead by a world-class team with a proven track record in the region, Elements Estates is unlocking the real estate market in ways never before attempted on the blockchain, enabling investors to identify the sweet spot between entry and exit for maximum profitability of the utility cryptocurrency fueling its ecosystem, ELES token



The post-recession period of 2008 financial crash has opened a floodgate demand for distressed assets in Europe. The financial crisis caused the biggest relapse in payment of mortgages all over Europe. Notwithstanding the decade-old disaster, real estate has always been a relatively lush and stable sector for short and long-term investments. But to truly unleash the potentials of this industry, experts have, increasingly, been calling for greater transparency and security of all exchanges. A solution that is not only immutable and cannot be tampered with, but is also readily available to anybody from anywhere in the world regardless of their status



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



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.  



Finding the right properties at the right time is time-consuming, coupled with price negotiation, and property renovation, prospective investors are always in bottleneck situations with liquidity issues, dubious agent, and brokers. 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





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





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









Elements Estates development is lead by a team of industry veterans who have worked on the acquisition of some of the most important distressed assets in South-Eastern Europe. The team’s proven track record also involves acting as advisor to hedge funds from Western Europe to the US. With this technical and managerial expertise, the platform is establishing a private corporate fund that will fuel the growth of real estate across Europe, governed by smart contracts and Elements estate native token, the ELES

So when is the ICO going to take place ? Your are going to have a crowdsale right ?

[BlockchainMAFIAboss]

Coinshark posted about this project fo' sho !! BTCBTC

NEWSFLASH: @TheCoinShark_CN published an interesting
article “Elements Estates: Real Estate on the Blockchain”. Please enjoy reading it and get excited! Blockchain will surely change the (Real Estate) World and we are at the beginning of it!

Real estate is one of the largest industries in the whole world. People are always going to need places to live, rest, work, entertain themselves, eat etc. Renting or buying such constructions usually happens through real estate deals. While being a vital part of human life, such deals are still conducted pretty rigidly:

- the process involves a bunch of intermediaries,
- there is no confidence that the personal data and funds are secured sufficiently and
- the procedure is long, inconvenient and stressful.

Since the modern technologies are taking over the world, it is the right time also for the real estate industry to dive in, and adapt. The Elements Estates project we will introduce today successfully managed to combine the two worlds of blockchain technology and real estate. They came up with a one-of-a-kind solution. Read on to see what we are writing about.

What is Elements Estates?

Elements Estates is a blockchain-based platform meant for people interested in real estate services. Within the ecosystem, the users can review, rent and purchase property using ELES tokens. However, there is an interesting twist: besides providing regular services, the project is utilizing the distressed assets in the South East of Europe. Its pipeline of projects is abundant with various real estate that derive from the distressed market. Elements Estates is mostly focused on relevant and newly-constructed property. The main goal of the project is letting everybody benefit from problem and undervalued real estate assets with the help of the blockchain technology. The intra-platform currency, ELES token, was created specifically to not only serve as a means of payment, but also to help its holders increase their capital due to the potentially high liquidity.

The benefits for ELES token holders:

- the ability to rent tourist facilities in the Southeast Europe and later on in other regions of Europe;
- the ability to rent or purchase commercial and residential buildings;
- timely updates on everything happening within the platform regarding real estate;
- quick and easy conversion of ELES tokens;
- credit services in ELES tokens;
- ELES tokens with a credit card support;
- real estate services based on smart contracts for third party constructions;
- other solutions and services.

Elements Estates will combine the reliability and stability of the real estate sector, the potential high profitability of distressed real estate transactions, as well as the transparency of blockchain within one ecosystem. If you need more details about this innovative project, you can find them here.

[PatelKartel]

The Coinist is writting about this project. They just got to change the crowdsale date etc. but this is good to spread the awareness.
https://www.coinist.io/elements-estates/

[GodfatherofAlts]

Hey,

in the prototype beta webpage in the section "about" you have written SERVICES:

Services ->

ELES platform enables Elements Estates of adding lots of functionalities and services on top of the two standard ones, selling and renting. In the near future, you can also expect accompanying services, i.e. ability of paying reservations and security deposits for properties, purchasing time-share options for villas or apartments, accessing to travel agent companies with exclusive prices in ELES tokens, using contracted transportation services to locations payable in ELES tokens and purchasing of merchandise or services with ELES tokens for tourist properties among others. To our token holders we will provide a payment card, which will support ERC 20 standard, our ELES tokens and on top of this everybody will receive as well its own IBAN.


ELES platform enables Elements Estates of adding lots of functionalities and services.... This means that we can also publish real estates to sell on the platform (users) or just official Elements Estates real estates to sell and rent ?

[kriptarmasstah]

How elementsestates will be diff. from Propy blockchain real estate project?


Save up to 25% on fees when you buy your next property
Avoid wire fraud, we process the payment for you in any currency, including crypto


will fee's be lower? or higher?

thanks for explanation

[FissheZBTC]

Did you know??? - $ELES is the number one blockchain project that enables the acquisition of distressed assets for everyone! That's why you should follow us and become part of our amazing community.

#numberone #Blockchain #realestate #ICO #crypto #cryptocurrency #SEE #properties

What distinguishes ELES?

[/b]

Through the strategic use of ELES tokens Elements Estates project will create its own ecosystem driven by the platform. The aim is to maximize the growth possibility of the ELES token value through utilization of tokens in real life and to ensure that, the users of ELES tokens, the fund, the parties that we partnership with and in general also wider community, all benefit.

Through the consultative management of the fund, up to 40 percent of issued ELES tokens will be kept as a liquidity fund. This means that because a large amount of traffic is expected in certain periods by token use, Elements Estates can ensure that in these peaks of token demands, they will be able to partially assist with supply of tokens on a market, but only up to 50 percent of requested amount at market price.

Highest percentage possible of maximum 40 percent will always be maintained as an operating liquidity pool, so those who use ELES tokens will have the ability to convert the funds back into Fiat currencies through our partner payment providers. This added liquidity will ensure that the Fund is also able to manage the properties within it effectively, never maximizing the Fund into capital, killing the liquidity element of the Fund. In doing so it ensures that there is a full operating capital element and small protection element for ELES token users.

Code:

ELESTOKEN

[regratjajc]

Lead by a world-class team with a proven track record in the region, Elements Estates is unlocking the real estate market in ways never before attempted on the blockchain, enabling investors to identify the sweet spot between entry and exit for maximum profitability of the utility cryptocurrency fueling its ecosystem, ELES token

when platform will go live  there will be already listed properties or platform will be empty and we will wait for years to start business there and transactions?

[fernkror]

How far is development team with progress and any news about crowdsale dates?


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

[linkinslo30]

as i remember at nov 2018  Mr Silič met with strategic advisor Mr Filip Vucagić at the Rexpo conference in Zagreb, where Mr Vucagić held the opening speech. The Rexpo is conference where domestic and foreign investors, meet the best real estate investment projects in the region. During the day Mr Silič met several international funds with NPL portfolio’s, as potential targets for our real estate investments.

any news on that field?  will Croatia will be first implemented on platform? or which country?  or is this still under nda?

[GodfatherofAlts]

| Elements Estates ICO Review | Cryptonemo | 2018 | from a youtuber..

nice quick explanation for those who don't like to read and watching a video is quicker 

https://www.youtube.com/watch?v=AEbWswO98WY

Project page: https://elementsestates.io/
Telegram: https://t.me/ElementsEstates
WhitePaper: https://elementsestates.io/ElementsEs...
Referral Bonus - Register: https://bountyhive.io/r/newguy
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

[CryptoFairyDust]

Decisions & Milestones.
The development of the ELES platform and property acquisition will
start immediately after the end of crowd sale.

Mar 2018
ELES platform development project

May 2018
ELES platform (beta) development

Jul 2018 -
Private sale period

Aug 2018
ELES platform (beta) live

Feb 2019
Private corporate fund

Feb 2019
Property acquisitions & development in SEE region

TBA
Pre-ICO

TBA
ICO

Jun 2019
ELES platform completed

2020
Property acquisitions & development also in other EU regions

looking forward for 2020 year. Let's see what happens with the crypto market first shall we ?

[GhostKiller55]

From 2016 creating ICOs has become really popular with start-up projects around the globe. We have seen a lot of sectors take a big turn and added blockchain technology to their idea. As a result, we have witnesed a lot of ideas come to life. Now we have an interesting review of a real estate project that has set foundations on blockchain technology.

The project is Slovenian based startup called Elements Estates. The project will encompass the novel ideas of cryptocurrencies and asset management through decentralized ledgers, based on blockchain technology. They are building an online platform that will introduce to the market real estate initially deriving from distress asset at favorable prices. Until recently, this type of deals in the SEE region were mainly accessible only to large scale institutional and wealthy private investors because of their size and complexity to purchase.



Elements Estates is creating through its platform a closed ecosystem. In this ecosystem platforms native tokens (ELES tokens) will be used as the main or exclusive payment for all the services provided on the platform. Elements Estates real estate projects will be structured in to three main catagories:

Tourism: Theese will be the properties (within the portfolio on the platform) that will be rentable for a certain period of time. You will be able to rent an apartment with ELES tokens.
Commercial: Theese properties will be used exclusive for bussiness purposes.
Residential: The main sector on the platform will be residential real estate – properties that will be used for individuals and families for living.

[hrbt]

Real Estate Advisor — Interview

Instead of having an AMA with our real estate advisor, we decided to pass the questions of our community to him and than share the answers.

So feel free to ask as anything regarding the real estate projects or real estate situation in general in SEE region! We will provide the answers. Please use #REA in every post / comment as a sign it’s a question to our Real Estate Advisor!


will that be on telegram elementsestates or where?

[bakterijasux]

wise quotes i must admit

https://www.instagram.com/elementsestates/

[CryptoCADCAM]

The product

The company behind Elements Estates intends to build a decentralized investment platform, wherein the properties are listed on the service, and represented as offerings for prospective investors. According to the whitepaper, the product is access to a specific market. This actually raises a question about the properties themselves. The whitepaper mentions that different stakeholders are connected via smart contracts on the blockchain, and hence the blockchain establishes trust between the parties involved, but there’s no mention about security tokens representing the individual properties, yet. If such an opportunity does arise at some point, it would definitely be an improvement. Otherwise, the system is sufficient for a decentralized real estate agency to operate, successfully in theory. At the moment, the single point of failure is definitely represented by the fund. The smart contract, specifically.

This kind of settlement has to be airtight to work out, because the properties aren’t represented as tokens themselves. What makes the process unique is that the properties are intended to be auctioned on the blockchain. An auction contract could in fact work out of the box. There’s mentioned deposits, maintenance fees and so on. All separate processes definitely need their own smart contract.

The purchasing process intends to represent ELES as a utility token securing the transaction between the investor and the fund.

There are two ways to purchase a property with ELES:

-50% fiat, 50% ELES over a period of time.

-100% ELES, locking tokens down for a fixed period in case the investor has less tokens than the entire purchase price.

I personally see here a potential risk in having multiple purchasing methods available for the token holder, ie. there’s a fiat payment enabled and smart contract -based token locking mechanisms that create some initial confusion, and essentially put the fund itself as a single point of failure in the system. Eventually, streamlining the purchasing process would be the easiest if financing options were externalized and the properties themselves were ERC-721 non-fungible tokens, but this of course is my personal opinion. Maybe locking tokens for a fixed period works, at least this process works as collateral.

The ICO gains are promised fairly straightforward: Fixed number of tokens representing a growing portfolio. If the market picks up, the token value grows exponentially.

I need to judge the project here somehow. I see the main risk in the smart contract governing the purchase and in managing the fund itself, and the greatest reward in potential new market trend created or at least inspired by the fund. If the team can pull it off, and they’ll need to focus on developing the smart contract into an airtight, decentralized platform in order to accomplish that they might just create a new asset class that would end the recession in the market for years to come.

The stakeholders

The token establishes a market between banks which hold distraught real estate assets, the borrowers and the investors, mostly retail investors. As a utility, the token represents a private real estate development fund established by the company behind Elements Estates, and by using the token in question, the ELES, the investors are promised to be able to tap into the opportunities unlocked by the fund. The fund takes over as an owner and landlord of the properties it invests into.

medium is a one very good media place. Like it. 

[FissheZBTC]

What is this whitelist for ? 

Do you have any toturial on how to later contribute to the project ?

I have some ethereum on my exchange but I do not know how to send it or  how does that go the whole process ?

Thanks