Introduction
Real Estate is a very popular and lucrative industry which has drawn the attention of IAT to take the lead in all aspects of itsreal estate operations globally. The IAT concept aims to transform the real estate industry using Blockchain tech through the development of the IAT Platform. The funds generated from the ICO will be used to improve the Blockchain IAT. However, it is in the plans of this platform to expand to other emerging Asian markets.
The Concept of Instant Assets Tokens (IAT)
The IAT concept is a form of real estate tokenization and published through a process of ICO on the Ethereum network, which is also ERC- compatible.
The Funds realized from ICO is used to develop the IAT blockchain as earlier mentioned above and assets are obtained to form the primary bulk of properties in the IAT ecosystem. Asset management is not an issue when it comes to the IAT platform.
The Areas of Challenges IAT Provides Solutions
Irrespective of the potential profit available in the real estate market, investors are faced with many difficulties and constraints. To maximize the benefits and minimize losses, the IAT concept is planning to solve the following problems;
The total cost of buying and selling real estate sometimes inflates to a very high percentage of the value of the real estate . Nevertheless, IAT strives to lessen this total cost by at least half.
The Blockchain is decentralized in, therefore it ensures that the data recorded on it cannot be manipulated or regulated by a single source, thereby providing security against malicious attacks of any kind.
The data stored in the blockchain is available to everyone, therefore it makes the information transparent and intact.
Blockchain tech simplifies and hastens up the transfer of ownership.
So many countries are introducing rules to truncate the growing real estate market by imposing unnecessary limitations on foreign purchases to slow down or resist the market from kicking off.
The IAT Coin(Token)
The idea is to create an ecosystem where token holders have freedom of trade and interactions with other token holders, including investors who crave to purchase IAT for their portfolio. However, the platform embarks on acquiring listing with various exchanges to enable the trading and liquidity of tokens. It is also a priority to maintain the high liquidity of IA tokens through the creation of various channels of token utilities. This will eventually reduce the supply of tokens and obtain high-quality properties that must be digitized in the IAT community.
The Major Aim of This Innovation
The main aim of this invention is to make property investment easily available to the masses by eliminating the traditional barriers through the digitization of assets .
It also aims at utilizing smart contracts, terms of the transaction such as sale price, rental rate and commission will be initially pre-agreed on and is unchangeable until the completion of the transaction.
Conclusion
However, IAT is here to make real estate Investments as realistic as possible. It calls for immediate actions of purchasing and using the Native Instant Asset Tokens (NIAT) to purchase real estate from the broader IAT ecosystem.
USEFUL LINKS
Website: http://www.iatokens.com/
Whitepaper: https://www.iatokens.com/wp-content/uploads/2019/11/whitepaperv4.pdf
Telegram: https://t.me/iatokens
Twitter: https://twitter.com/IA_Tokens
Facebook: https://www.facebook.com/IATOfficial/
AUTHOR'S DETAILS
Bitcointalk Username: Ebubuemma
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2568952