Cryptocurrency has not been at the forefront of real estate investment so far due to market volatility and uncertainty. The financial crash of 2008 and 2009 has left many European union members having to partake in what is termed as non-performing loans – or NPL’S. An NPL is reliant on a customer at least covering the minimum repayment, and without tourism, which has been the case for many NPL’s, the bank loses its ability to provide for capital and thus the further potential for more loans. These NPL’s are the foundation of many banks, and the fact that so many investors, due to the financial crash have been unable to make even the minimum repayment means that the banks are looking to offload the loans in a way that is mutually beneficial to both the bank and the buyer. This is where ElementsEstates neatly comes in.
ElementsEstates as a platform looks to invest in what they term as ‘distressed assets’ from the bank's portfolio space. As with any investment scheme, as the portfolio possessed by ElementsEstates increases, so too does the value of the platform and the tokens it operates on. Elements Estates has looked at the European market mainly, examining the potential available from areas such as South-East Europe, with the main focus on Greece, Cyprus, Croatia and Slovenia. With the sheer amount of the money that is tied up in loans and NPL’s in these areas, ElementsEstates expects to tap into the ever-growing potential of these countries, which will lend itself to increasing the tokens stability, and thus increasing profit margins exponentially.
The ElementsEstates token is one that is fully decentralized, transparent and offers a high level of marketplace liquidity. Users of the ELES token will always have the potential to be able to convert their funds back into traditional Fiat currency at any time through the payment providers on the ElementsEstates platform. The tokens are based on the Ethereum protocol, and so offer all of the security and safety pf that blockchain technology. The smart contract feature of the blockchain is also open to the ELES token users, increasing cohesiveness and transparency to create a highly effective protocol. The whole protocol is based upon a BETA stage running, with a basic buy, rent and development future. Eles token holders will have involvement in these stages, and indeed be able to influence the projects that ElementsEstates takes on.
Users of the protocol will also be able to invest in real estate from the portfolio that ElemenetsEstates generates. Through the use of blockchain technology, users are able to be reassured and benefit from the unbreakable data bond that the smart contract feature offers. The entire platform is completely user-friendly, and the=roiugh its transparent nature, open to all users to be able to see what and when things occur. An excellent extra to the EWlementsEstates platform is that there is a feature for users to be able to utilise what ElemenstEstates terms as its ‘holiday letting and rental service’. The offshoot of this is that users will be able to benefit from the rental of tourist propertied at a set price, services and merchandise for the properties will be available through the ELES token, and even better, there will be access to travel agent companies to facilitate ease of flow between rental and visiting through exclusive process gained in the ELES token form.
For a blockchain enthusiasts such as myself, it is refreshing to see such a comprehensively user-friendly platform emerge. Users will not only be able to operate within the platform through the use of the ELES token, but they will also have the option to invest using traditional Fiat currency. The entire ecosystem behind ElementsEstates is one that has been clearly extremely well thought out, and cohesive. The team behind ElementsEstates have ensured that only the highest potential for investment and success is possible with the use of their platform, and have ensured that the feature that offers liquidity within the platform is extremely carefully managed, ensuring the entire process is protected from vast losses, and problems often encountered by traditional fiat investment.
The ElementsEstates platform operates on a funding utilization scheme, following a structured format that will ensure that funds are correctly and usefully invested and that loss is not an option. Consumers and users of the platform will be able to invest in the platform using not only fiat currency but a variety of BTC, ETH and BNB tokens. The ElemnentsEstates platform is regulated by the EU regulated entity, or the Belize entity – ensuring the investment process is incredibly tight and safe for investors and consumers alike. The liquidity option of the platform also lends itself to being able to keep the investment potential at the highest success for its users at all times.
This platform looks to cohesively and coherently open up the real estates market to all, in a way that benefits everyone. The transitional nature of the platform allows users to be able to benefit from the fund that is behind the investment process, and the ELES token itself. This way the reward process is always double-barreled and extremely effective. The ELES token is a utility token and should be viewed in this way to all investors since there will be no one specific owner of the platform, as is the case with many monolithic companies and banks. The benefits and profits from all of the potential of the platform will be enjoyed by each and every user and investor alike.
The future of real estate investment really does reside here. It is extremely refreshing to witness the birth of such a cohesively all-inclusive platform, one that really does aim to change the face of real estate and investment potential through the use of the highly effective blockchain technology that is now available. The revolution is here, and ElementsEstates has harnessed its potential extremely effectively. I for one will be excited to see the future of this exciting investment potential. Decentralized ledgers and asset management aside, this new and exciting way for online investors to increase investment potential, and in the same way, decrease the losses that traditional fiat banks have incurred, is something for everyone to become excited about.
Website: https://elementsestates.io/
Email: info@elementsestates.io
Whitepaper: https://elementsestates.io/ElementsEstates-whitepaper.pdf
Twitter: https://twitter.com/elementsestates
Facebook: https://www.facebook.com/Elements-Estates-165601920793769/
Medium: https://medium.com/@ElementsEstates