Re: [ANN] Crowdvilla - Shared Holiday Homes: A New Paradigm Towards Community Owned

I work in the tourism field. The project is interesting, I think it can be very interesting to a large number of people who go on holiday to any place on the Earth. But I strongly doubt that through Crowdvilla it will be possible to organize convenient queuing and hotel-using systems, that will be similar to traditional schemes. How will it work?

Hello! Crowdvilla is an innovative project that cannot be compared with anything else. Perhaps this is the reason, why it seems that it will be difficult to make such a site. The startup will use blockchain technology to create an open and transparent way to record digital data about real estate objects. Managing objects, queues, and object usage rights is not an issue.

I saw, that the project was based in Singapore. Does this mean that the objects will be in this country or region?

Crowdvilla is a non-profit organization, that is based and regulated in Singapore, but it will work all around the world. On the website and in the white paper of the project you can already find a list of priority regions, in which they intend to buy property.

What, in that case, will get the real estate market?

This approach significantly expands the possibilities of increasing the liquidity of the global real estate market. Fractional property is quite feasible on the blockchain basis. The prospects are enormous.

How well will investors, who have invested in the project, be protected?