Introducing Crowdlitoken: The Digital Real Estate Asset
Have you ever dreamed of being a landlord? Picture yourself owning a nice piece of property and collecting rent while its value appreciates. Let's try another one: Have you ever dreamed of investing in a crypto asset that gives you the best of both worlds? The stability, accountability, and compliance of a security along with the cutting edge technology, liquidity, and low initial investment of a token?
If you answered "yes" to even one of the questions above, Crowdlitoken(CRT) is the digital real estate asset that can check all those boxes. Who am I kidding, even if you answered "no" to the questions above, Crowlitoken is still worth looking at.
As long as people have owned property, real estate investment has been a stable and viable source of income. According to their whitepaper Crowdlitoken understands that there are distinct hurdles with traditional investments into real estate.
Direct Real Estate Investments | Indirect Real Estate Investments |
---|---|
Require significant capital | Does not allow for personalization |
Not liquid, funds can be difficult to withdraw | Not transparent and have high maintenance costs |
Crowdlitoken eliminates all of those problems by offering tokenized digital real estate that allows you to choose where your money is invested at a significantly lower cost. It is also more resistant to fraud due to the transparency and immutability of blockchain.
As the first security token with an International Security ID Number(ISIN) it shares good company with many well known businesses throughout the world.
An investment into Crowdlitoken also gives you peace of mind via the compliance, transparency, and assurance of Price Waterhouse Cooper and Ernst & Young.
Perfect for institutional and individual investors alike, Crowdlitoken has built a dedicated, knowledgeable, enthusiastic team of real estate, business, and technology professionals. Their business model is pretty impressive too with less than 3% of the token distribution going to the team. Likewise, their operational costs are calculated at less than 3% of available funds.
This sounds pretty exciting so far doesn't it? Hold onto your hats, because I haven't even gotten to the good part yet...
Based out of Switzerland Crowdlitoken allows you to purchase a share of real estate that has been hand pick in the Central European "core". Property in countries include Switzerland, Germany/Austria, Benelux/Northern Europe, and Eastern Europe with net returns anywhere from 5.5% to 7.5%.
The tokens are going to be available in 2019 and they have a max token allocation of 1 billion with a target of 100M. These are ERC-20 tokens by the way on the Ethereum network.
They plan on distributing the tokens as follows:
Private Sale | .75 CHF/Token |
---|---|
Pre Public | .80 CHF/Token |
Public | .90 CHF/Token |
Extended Public | 1.0 CHF/Token |
Face Value | 1.0 CHF/Token |
Once the tokens are distributed, here is an idea of how things would work. Let's say you invest 75,000 CHF as part of the private sale. That will give you 100,000 tokens. You can then invest those tokens into any of the real estate markets that I have listed above. As your share of the rent comes in from those properties, you can then choose to either receive that as a payout or reinvest it into your portfolio.
The typical investment is around 25 years with a maximum of a 10 year extension. They guarantee that at the end of the term you will receive a minimum payment of at least .70 CHF per token. That is a promised return of ~93% of your money plus what ever you made in"rent" and appreciation over that period.
Recap
Crowdlitoken(CRT) is a form of digital tokenized real estate where Crowdlitoken purchases real estate in several European countries. You can then purchase a portion of that real estate with the Crowdlitoken. It is a security token that allows real world trade-able assets to be represented on the blockchain. Holding the tokens gives you a stake in the property that Crowdlitoken owns with no premium or withholding tax required on your part.
You can invest your tokens in whichever real estate market you want(or spread it across all of them) and collect or reinvest the rent from those properties. By investing in tokens you are able to buy and sell fractions of property, something you normally wouldn't be able to do. Investments can be accessed at any time via a dashboard with full transparency on every property.
I used CHF(Swiss Francs) as my example, but investments can be in either CHF, EURO, or ETH. The minimum investment per subscriber is CHF 100 and the maximum is CHF 20 million.
Resources
Telegram: https://t.me/crowdlitoken
LinkedIn: https://www.linkedin.com/company/18539943
Twitter: https://twitter.com/crowdlitoken
Facebook: https://www.fb.me/CROWDLITOKEN
We are generation crowd!
Disclaimer: This is not a financial advice. Please do you own research before investing in cryptocurrencies or any digital asset. This blog post is done for entertainment and knowledge purpose only.
Crowdlitoken logo used with permission
image source
Thanks for the post @Bozz, Resteemed.
Check out what we are doing at Relex sometime too, it might be of interest to you.
I am very interested in different tokenomic strategies to apply crypto and in particular some of different blockchain based business ideas which are starting to take place in the real estate sector.
We have started to crowd fund actual real estate development projects and community infrastructure projects in different parts of the world and are also offering investments in Canadian based Woodfine LP Units which allow for crypto to be exchanged for real estate assets on the Relexcapital platform.
https://www.relex.io
https://www.relexcapital.com
Thanks for the information! I will definitely investigate!
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