Time is a fluid entity, constantly moving as the earth spins on its axis and revolves around the sun. As the seasons change, so does time. Humans evolve and develop new methods of addressing problems. In the distant past, there were plagues and illnesses that caused the death of millions. These days, a lot of those illnesses are cured through simple medication in a matter of days(some of them hours).
Many inventions and creations were unintentional, others were premeditated and then some were as a result of work done in something similar or biproducts, if I may call them that. Take Coca cola for example; it was original taken as _medecine_for headache, however as time went on, it found application as recreational beverage taken(source). Coca Cola found application in health and then switched to leisure, cryptocurrency evolved in the same way, from simply being tokens for transactions to become representations of business entities and the embodiment of the souls of numerous ventures in cyberspace.
One such great innovation is the Crowdlitoken that aims to revolutionize the handling of real estate affairs through the sophisticated application of a Security Token
The Crowdlitoken Investment Opportunity
The CRT is the embodiment of what this platform stands for. It is a security token that will go a long way in mitigating and reducing the risks and time expended in the real estate industry. The CRT will find application in a number of ways and its framework is so designed to cater for the needs of experienced and inexperienced players in the real estate business.
In a time when the World's population is constantly rising and according to an article on Aljazeera in November, 2018, the current decline in adequate housing on a global level. I feel it is a really good idea to get acquainted with the nitty gritty through learning and investing in the future of real estate. Tokenized digital real estate.
The Token aims to combine the advantages of direct and indirect benefits of real estate investment for its holders by creating an enabling, transparent and low maintenance mode of transaction. The Security token will save time by reducing the inefficiencies that arise from similar fiat based transactions, as well as curb the effect of inflation.
The Security Token will be an ECR20 token and can be acquired like a typical token on the (Eth) network but can also be bought directly with Fiat. Holders of the token can then invest using CRT-cash or CRT-Reinvest on property. One good thing about the platform is that users do not necessarily need so much professional knowledge of the topic of real estate or investing in it.
The process will be simplified, contracts well explained and most importantly(at least to me). you get to cut out the sneaky banks. Token holders will reap dividends from the income generated by the property invested in(either through CRT-cash or CRT-invest), appreciation of the value of the said property.
Tokens are easily traded at the net market value of the portfolio and will be shielded from the adverse effect inflation has on real estate, with the only caveat being that you complete a KYC/AML(Know your customer/anti-money laundering) check. The issued tokens each represent a subordinated bond with an initial maturity of 25 years and guaranteed minimum interest rate.
Some of the perks include
- Freedom to invest in fiat or crypto with your token
- Potential cash yield of 5-7% per annum and a guaranteed interest of at least 1.25% per annum
- Low tax and no premium, it is very economical.
- Support and advise for managing your portfolio to ensure your profit.
- Freedom to trade and liquidate in a number of exchanges.
How To Get Onboard
To ensure transparency and safety of the platform, a simple onboarding procedure through the blockchain is carried out on interested parties. The individual must have;
- Been identified in accordance with the Know-your-Customer (KYC) policies enacted by CROWDLITOKEN AG and its respective custodian bank and
- Have found to be in full compliance with Anti-Money-Laundering (AML) rules under applicable law.
To ensure safety and prevent any security issues, Crowdlitoken also requires
- Identification of each subscriber.
- Enhanced, video-based identification for investments of more than CHF 5'000.
- Further disclosures on background of invested capital for more than CHF 100'000.
ABOUT THE STO
Below is information concerning how the STO will pan out
Below is an image of the prototype of the dashboard.
The dynamics of real estate investment varies in different parts of the world and this disparity is more evident in Nigeria, my home country. We operate a rather crude system, that's suffered from wicked inflation, our down spiralling economy and crooked banks, that notwithstanding. Just like everywhere else in the World, it is a lucrative venture when handled right. I'll be keeping an eye out on the progress of this project and hopefully, there will be some sweet deals in my own society as well.
For More information
Disclaimer: This is not financial advice. Please do you own research before investing in cryptocurrencies or any asset. This blog post is done for entertainment and knowledge purpose only