PROBLEMS:
NO GLOBAL ACCESS
Portals are very localized and only target local customers and properties, leaving behind the vast international market. Overseas buyers are now the biggest investors in many real estate markets. Also, local investors want like to invest in overseas properties.
NO LIQUID INVESTMENTS
A couple of months ago I wanted to make my investments in the platform liquid. I could not. As in typical Real Estate investments, I have to wait until properties are sold to get my money and profits back.
REGULATORY AND BUREAUCRATIC PROCESS
Dealing with wire transfers and banks when participating in the investment is burdensome. These companies also are set up in an old fashion way to provide more trust, but everything ends up being unnecessarily complicated.
LACK OF TRUST
I could see how many users were very suspicious in the sites forums and very preoccupied with the site activities. Some sites decide to audit their activities but that does not seem to be enough.
SOLUTION:
As experienced Online and Real Estate entrepreneurs we immediately recognized the opportunity of solving those issues by applying Blockchain technology.
We sat together with Blockchain experts in Barcelona and developed and tested a solution on a small scale.
Thanks to Cryptocurrency and Smart contracts, we can address all these matters and provide a :
GLOBAL PLATFORM FOR GLOBAL INVESTORS AND PROPERTIES
We are building a Crowdfunding site where anyone from any part of the world will be able to receive the profits from a flat in Barcelona, a Hotel in Mallorca, a penthouse in New York or a commercial space in Berlin.
TOKENIZATION OF PROPERTIES = SELL & BUY INSTANTLY
Thanks to the tokenization of properties and the ease of token transfers, we will enable a secondary market section and allow anyone to sell their investment to other users in the platform without waiting for the property to sell.
USABLE & SIMPLE ONLINE WEB/APP
Everything will be done from an easy and simple Web and APP without the need of signing documents, notaries or bank transfers.
BLOCKCHAIN AND SMART CONTRACTS LAYER
Every step of our activity, from property buying with third party value appraisals, to adding into the system, renting and selling, will be recorded on the Blockchain so everyone will be able to audit and verify the information. We will also hire a first tier audit firm to provide extra transparency.