Re: [ANN][ICO] 🚀🚀 ElementsEstates: Token of your Real Estate opportunity!🚀🚀
Nough said article on medium (basically review)
We see blockchain affecting many sectors and real estate is no exception. The ICO that I will be reviewing here is another such example: Elements Estates. ELES is the name of their token.
What I find fascinating about such projects is that they have a physical aspect. They will be working with real estate, real and concrete!
Elements Estates is a blockchain based real estate platform and like any real estate platform, they will have a portfolio. They say their portfolio will consist of real estate deriving from banks distressed assets. And here comes the function of ELES tokens; they will be used to purchase and rent these properties.
The team claims that distressed assets will appreciate in value in time and such assets are normally reserved for big players but with Elements Estates, small players can play that game too.
The token supply will decrease with every transaction and that is another advantage for token holders. Real estate is considered a safe and stable investment, but what about adding the transparency of blockchain to the mix? Elements Estates just aims to do that! Not a bad idea indeed.
By now you should be asking yourself; but where will these properties be? For starters, they will go for SEE region, Southeast Europe. Though a small part goes to development of the platform, most of the fund will be used to buy properties, they will be tourism, commercial and residential properties in the SEE region.
We see blockchain affecting many sectors and real estate is no exception. The ICO that I will be reviewing here is another such example: Elements Estates. ELES is the name of their token.
What I find fascinating about such projects is that they have a physical aspect. They will be working with real estate, real and concrete!
Elements Estates is a blockchain based real estate platform and like any real estate platform, they will have a portfolio. They say their portfolio will consist of real estate deriving from banks distressed assets. And here comes the function of ELES tokens; they will be used to purchase and rent these properties.
The team claims that distressed assets will appreciate in value in time and such assets are normally reserved for big players but with Elements Estates, small players can play that game too.
The token supply will decrease with every transaction and that is another advantage for token holders. Real estate is considered a safe and stable investment, but what about adding the transparency of blockchain to the mix? Elements Estates just aims to do that! Not a bad idea indeed.
By now you should be asking yourself; but where will these properties be? For starters, they will go for SEE region, Southeast Europe. Though a small part goes to development of the platform, most of the fund will be used to buy properties, they will be tourism, commercial and residential properties in the SEE region.