Despite the rise in value, the Elements Estates project is a new step in this area. We will create a private entrepreneurial fund that will buy, develop and maintain real estate in all regions. It will be run by an experienced team with proven results and controlled by smart blockchain deals. By using Blockchain technology, we create a platform that will enable everyone to take advantage of real estate opportunities in emerging markets. It will act as a transaction center between the fund and the owner of the property transfer sign that will benefit from it.
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Advantages of cryptocurrency with underlying real estate
Majority of cryptocurrencies are prone to high volatility. By combining ELES token with real
estate we aim to offer a level of backing. By backing cryptocurrency with distress real estate
assets, we hope to increase the stability of the token itself and still obtain high value growth
potential. As the token will be used by parties to purchase or rent properties of the Fund on
the platform, transactions will be frequent meaning that the token will not be liable to stagnation
of the market. Experience has shown us that tokens which have a real use and are used
on a daily basis are much more stable than those which do not.