Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Tokens (Altcoins)
Re: 🌟🌟🚀📈[ANN-ICO]ATLANT Real Estate Platform | INVEST. RENT. TRADE 📈🚀🌟🌟
by
fdanconia
on 22/09/2017, 00:32:19 UTC
Quote from: zhengqi on September 21, 2017, 08:45:42 PM
Quote from: fdanconia on September 21, 2017, 07:27:01 PM
Quote from: projectex on September 21, 2017, 06:17:37 PM
To my mind property management is a serious issue. If a building is owned by too many small investors I cannot think of any good decision making process to be perform.  Roll Eyes

Of course it's serious, that is why each building has a management company which deals with all major issues. This is the way all real estate works currently with a single or multiple owners. With Atlant this system will be enhanced because each penny spent by the management company will be ok the blockchain, and large costs will be voted on by the ATL tokenholders.

It seems like a fair compromise. But then it makes the platform not 100% decentralized right?

That's the thing - it's 100% decentralized - the management company is local of course, but it is controlled and voted on by decentralized tokenholders. All other aspects of the system are decentralized as well, have a look at the WP please.