Elements Estates - Revolutionizing the Real Estate Industry

in #blockchain6 years ago

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Blockchain, an immutable and decentralized ledger system, is the backbone of this revolutionary vehicle that tokenizes real world assets for investors, traders, and the general community to own, trade, and exchange. Often offered to the public in the form of an ICO (Initial Coin Offering), these cryptographically, tokenized assets (or cryptocurrency) is rapidly growing into the preferred way for not just professionals but ordinary people too, to build an investment portfolio backed by desired solutions or assets without the typical and tiring carousels attached to traditional methods.

Enter Elements Estate

https://www.Elementsestates.io

The post recession period of 2008 financial crash has opened a floodgate to 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. This solution is what Elements Estates has perfected to development through its decentralized marketplace, built on the blockchain, for unlocking the hidden value of distress asset derived from failed portfolios.

A Working Platform

Elements Estates development is lead by a team who have worked on the acquisition and restructuring of some of the most important distressed assets in South-Eastern Europe. The team’s proven track record also involves acting as advisor and manager 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.

ELES token will be the heart of the platform’s growth value through utilization of tokens in real life. These tokens will be used solely as a mean of payment on the platform for rent, purchase and all other services connected with residential, commercial and touristic modern properties. Token holders will also be able to purchase their dream property for less, because ELES properties will be put on market at favourable prices, so everybody will be able to afford something more for their money.

Real Estate Cryptocurrency

An ecosystem of value, is what Elements Estates is building through its powerful utility tokent. The project Fund will help manage the properties within the Elements Estates platform effectively. The liquidity element of the Fund will be backed by essential priorities such as operating capital to maximise the growth value of the ELES token and benefit derived by its values and the community built on it.

Through the blockchain, Elements Estates is opening up an untapped market, usually reserved for certain class of professionals, for global participation. With Elements Estates, real estate investment is finally a seamless experience at everybody’s fingertip.

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By leveraging blockchain technology, the team behind Element Estates has created a platform where everybody can securely and transparently benefit from real estate opportunities in distress market. The platform acts as a transactional hub between a
fund and the ELES (Elements Estates) token holders themselves, enabling them to benefit from value increase of the token, use the token to settle exchanges, rent and acquire properties without geographical restrictions.

“We want to offer the crypto community a token that combines known investment strategies of distress real estate and the benefits of new blockchain technology. Our main goal was to offer a token that has everyday utilization and an ecosystem behind it. This way is creating an environment in which the token has substantial possibilities for value growth on one side. And some hedging features on the other side, in case of a bear market. This is possible because there are real assets behind it”.

ELES tokens are issued on the Ethereum blockchain protocol, making them universally compatible with the ERC20 token standard. ERC20 ensures that all transactions are executed under transparent, secure, and auditable conditions. Ethereum smart contracts will also enable lock-down automation of ELES tokens.

“We believe that Elements Estates will be the leading blockchain real estate platform in the region. It will offer the best price/quality ratio real estate in the SEE region, which is why the development of the platform will continue to evolve as the blockchain technology develops. We are expecting digitalization of land registers in most of the EU countries in the next few years. This will open new possibilities for utilization of our platform”.

Every real estate in the company’s portfolio will be managed by autonomous smart-contracts for holders from anywhere in the world. Depending on the country, this enables them to purchase or hire properties with no human intervention, except for the ownership transfer. These smart contracts will also facilitate integration of IoT devices into the blockchain and provide plug and play smart house experience.

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However, unlike most projects that seems focused on the “elitism” of cryptocurrency, Elements Estates’ portfolio will also be opened to mainstream market players. This will allow them to own or rent properties using fiat currency at a market value, based on the current price of ELES tokens and up to 4% processing charges. This option simultaneously creates an inclusive environment for interested parties, while also encouraging them to acquire the tokens for fee reduction and boosts liquidity for the ELES tokens.

So, maybe this is the perfect time to choose our Elements Estates’ ecosystem and feel less volatile tomorrow!

Visit https://www.Elementsestates.io