Do we need blockchain? Elements Estates believes blockchain technology will change the world the way we live, do business and travel around the world. By using smart contracts for transactions (buying, renting, etc.), we will improve efficiency in time and lower costs for all participants.
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The platform fees will depend on the performance of the real estate portfolio. We believe the most transparent and interest-aligning formula is a profit share fee from growth of real estate portfolio, between managing company (the Elements Estates team) and platform which will function as an incentive to achieve the best possible returns for our users. As we are very confident in the Elements Estates teams abilities, there will be no fee charges if the portfolio does not achieve a 10% hurdle rate.