Blockchain is the future for sure. Could you explain me the crossroads of blockchain technology and real estate value optimization.
The platform will serve as interaction hub between the ELES token holders and the Fund, created for purchasing touristic-, commercial- and residential properties, starting with the SEE region. While the Fund will focus on identifying distressed assets, which can be restructured as real estate projects, it will later either sell or rent properties. All transactions will be done exclusively with the ELES tokens on ELES platform.
So the platform becomes the crossroad, where value optimization is reflected within the real estate projects that are finalized and out on the platform. The value of individual real estate is expected to be worth more than the investment amount (purchase + finalization). And here lies the hidden value that ELES token holders will benefit from once these real estate projects are sold or rented away.
Blockchain technology will help us within our Ecosystem, where with every transaction made through our platform for selling, renting or other services, half of the tokens will get locked, effectively taken out of circulation and decrease active tokens on the market. Without Blockchain technology this would not be possible in order to have trustworthy system behind.