Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Alt.Estate — Trade Tokenized Real Estate! USA, Japan, EU... [BOUNTYHIVE]
by
Alt.Estate
on 20/07/2018, 22:42:05 UTC
Is all rent income to management fee? Can't ALT holders get interest?
 Who can decide to sell the real estate? There's no structure for good, so that someday a certain property should be sold. (Or it could be a re-structuring for goverment plan.) Who decide to sell property even if the price of property is going down for some reasons?
ALT token is the internal currency of the Platform and the fuel of the Protocol. The ALT token is a pure utility token used for several important functions within the Platform. ALT token price can fluctuate substantially.

Based on our financial model demand for ALT token is expected to exceed initial token supply 10X in the first 3 years.

The buyer gets tokens of the property which represent his ownership of the property, structured via special purpose entity (SPE).

So the token holder benefits from all the property cash flows: rent income and proceeds from the property sale and can trade token on the secondary market.

It is up to SPE which is operating the certain real estate