Tikow White Paper

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Tikow

The Why? Part 1.

Buy, Sell, or Rent Property.
Without the Paperwork.
Without the Middle Man.
Instantly.
For next to Zero Costs
And with your favorite Crypto Currency!

The Why? Part 2.

Completely replace the current Real Estate Credit System which is too closely tied to other Predatory Credit Systems such as Credit Card Debt, Payday Loans, etc.

For example a lot of people have unpaid credit card debt from excess access to credit (usually at vulnerable times in their life i.e. College, Lost Employment, etc). Despite often defaulting or postponing repayment of this type of debt, most people pay rent on time and have established credit in the rental space that is not accurately tracked or rewarded.

The Solution Part 1? Tikow!

Tikow is a Decentralized Application and Ecosystem of Smart Property that allows individuals to walk into any vacant/available property in our ecosystem (via smart locks), look around and view the details/history of the property (on their device), and instantly purchase or rent the property (if they match the owners criteria) with their favorite Crypto Currency! (via Smart Contract).

The Solution Part 2? Still Tikow!

Tikow distributes a token (TIK) when users demonstrate behavior that benefits the ecosystem. For example, when a tenant pays rent on time, they are rewarded TIK. When a rental owner addresses maintenance issues on time (or provides an accurate honest description of their property confirmed by the tenant) they are rewarded TIK.

TIK serves as the backbone of this new rental/real estate credit system. One only needs to look at your TIK balance to guage your reputation in the market. It is completely decoupled from any other credit systems (Credit Card Debt, etc.).