REFFERER - this is awesome function - will you add share refferer  to social (FB, Twitter, LinkedIN) ?   

What kind of fee % do you take ?

Theese features already done all of them ?

I saw you added right after login to create solo cryptofund



Clean and simple

WHY $ELES?? The ELES platform will combine the safety and stability of the real estate sector, the high-profit potential of distressed real estate deals and the transparency of the Blockchain.
#blockchain #crypto #realestate #ico #cryptocurrency #investments #bitcoin #ethereum

https://twitter.com/ElementsEstates/status/1133622493074395136

Yeees AMA will happen soon with CEO. Probably on telegram ?

Not my debate but also thanks for this. I kinda forgot a little about the use case scenarios  

The development of the ELES platform will take from 6 to 9 months after the Initial Coin Offering (ICO). Decisions on projects, which will be used as an underlying base, will be based on all standard analyses (quantitative, qualitative, static and dynamic with cash-flow projections), checked with  real estate advisors from CBRE, Colliers, or others, and on an algorithm developed by the Elements team that considers the level of risk and the associated rate of retur.

1. How far are you right now ?

2. Can you tell us more about the backend of the token ?

Intereresting .. got a buttload of IOTA a couple of months ago. Hope it all goes well. just gotta hodl strong people.

Voting option
Our platform will allow our backers to be involved in projects the Fund is involved in by voting on published polls about the open decisions the company will face. This way the contributors will be able to be a part of the story and vote on projects to be started in the future. The whole process will be highly transparent on the blockchain through interaction with our platform smart contracts.

Where and when will this be tested ? Maybe already on the next portfolio buy ?

The product

The company behind Elements Estates intends to build a decentralized investment platform, wherein the properties are listed on the service, and represented as offerings for prospective investors. According to the whitepaper, the product is access to a specific market. This actually raises a question about the properties themselves. The whitepaper mentions that different stakeholders are connected via smart contracts on the blockchain, and hence the blockchain establishes trust between the parties involved, but there’s no mention about security tokens representing the individual properties, yet. If such an opportunity does arise at some point, it would definitely be an improvement. Otherwise, the system is sufficient for a decentralized real estate agency to operate, successfully in theory. At the moment, the single point of failure is definitely represented by the fund. The smart contract, specifically.

This kind of settlement has to be airtight to work out, because the properties aren’t represented as tokens themselves. What makes the process unique is that the properties are intended to be auctioned on the blockchain. An auction contract could in fact work out of the box. There’s mentioned deposits, maintenance fees and so on. All separate processes definitely need their own smart contract.

The purchasing process intends to represent ELES as a utility token securing the transaction between the investor and the fund.

There are two ways to purchase a property with ELES:

-50% fiat, 50% ELES over a period of time.

-100% ELES, locking tokens down for a fixed period in case the investor has less tokens than the entire purchase price.

I personally see here a potential risk in having multiple purchasing methods available for the token holder, ie. there’s a fiat payment enabled and smart contract -based token locking mechanisms that create some initial confusion, and essentially put the fund itself as a single point of failure in the system. Eventually, streamlining the purchasing process would be the easiest if financing options were externalized and the properties themselves were ERC-721 non-fungible tokens, but this of course is my personal opinion. Maybe locking tokens for a fixed period works, at least this process works as collateral.

The ICO gains are promised fairly straightforward: Fixed number of tokens representing a growing portfolio. If the market picks up, the token value grows exponentially.

I need to judge the project here somehow. I see the main risk in the smart contract governing the purchase and in managing the fund itself, and the greatest reward in potential new market trend created or at least inspired by the fund. If the team can pull it off, and they’ll need to focus on developing the smart contract into an airtight, decentralized platform in order to accomplish that they might just create a new asset class that would end the recession in the market for years to come.

The stakeholders

The token establishes a market between banks which hold distraught real estate assets, the borrowers and the investors, mostly retail investors. As a utility, the token represents a private real estate development fund established by the company behind Elements Estates, and by using the token in question, the ELES, the investors are promised to be able to tap into the opportunities unlocked by the fund. The fund takes over as an owner and landlord of the properties it invests into.

medium is a one very good media place. Like it. 

The blockchain is a decentralized ledger of all transactions through a peer-to-peer network. With this technology, subscribers can make transactions without the need for a central certification authority. Possible applications include cash transfers, transaction settlements, financing and many other. As the name implies, the blockchain is a chain of cryptographically encrypted blocks containing specific information or data. After a transaction, the data recorded within a blockchain can not be changed since the downstream blocks verify the upstream transactions.

In the context of the real estate industry, there are several possible uses for the block chain along the entire property value chain. In the short term, blockchain can be used to transfer the purchase price for real estate transactions using established cryptocurrencies, as well as through initial coin offerings (tokenization). First experiments have already been observed on the market. For example, Sweden is already working on a blockchain-technology based digital land register. In the medium term, the application of smart contracts is expected. These are electronic contracts based on computer protocols that can automatically monitor the stored clauses or rules and can automatically execute defined actions in the event of a trigger event. Thus, a written fixation in paper form is unnecessary. In the long run, Blockchain will help to significantly increase market transparency and solve principal-agent issues.

Today, the practicable use of blockchain in the real estate context is only emerging and very rudimentary pronounced. The first possible applications have mostly been considered theoretically, but a practicable and mass-suitable implication still requires further development.

With the help of Smart Contracts, it will be possible in the future via Blockchain to design rental and purchase contracts, to provide and evaluate the necessary data for real estate valuation, to commission service providers along the value chain, to map real estate data and to store sensitive data.

https://www.pwc.de/en/real-estate/digital-real-estate/blockchain-in-real-estate.html

MEET THE TEAM 

The Elements Estates team derives from financial and investment firms specializing in distressed assets, private equity and real estate opportunities throughout the Central and South Eastern Europe. The senior team’s core competence is advisory and management of distressed real estate for global hedge funds.

A seasoned senior team, each with more than 15 years of vested experience, is currently managing execution, management and exit for global hedge funds-committed projects. Their other competences extend to mutual fund management, brokerage services and business turnaround. The Elements Estates team has been heavily involved in the acquisitions of Large Corporate NPLs in the SEE region and has acquired claims in the nominal value of app.

EUR 350 mln. During the restructuring processes of acquired claims and the successful restructuring of a Leasing Company and its EUR 200 mln real estate portfolio the team learned how to unlock hidden value in distressed real estate projects through their restructuring and development.


Peter Gorinšek

Chairman & Founder

But CEO is Ziga Silic right ?

There is a lot of fresh stuff on reddit.

https://twitter.com/ElementsEstates/status/1089260159954808832

Interesting:

Blockchain in commercial real estate: The future is here

How blockchain-based smart contracts could revolutionize commercial real estate
In this updated and expanded version of our report, we reveal how blockchain technology can advance leasing, as well as purchase and sale transactions in commercial real estate. Explore the time and cost benefits of blockchain, as well as increased security and transparency that the technology could drive across the purchase and sale process.

https://www2.deloitte.com/us/en/pages/financial-services/articles/blockchain-in-commercial-real-estate.html

One of the #reasons why we focus on distressed #realestate is that the redevelopment of distress #properties will help to improve the #communities, environment and the overall #urban feeling. The improved abandoned and/or distressed properties will (1/2)

(2/2) lighting up the neighborhood and #enrich the surrounding quality of living.

https://twitter.com/ElementsEstates/status/1095997836741828610

The ELES holder will be able to benefit from the possibilities
via the ELES platform

The facts and perks of the platform:

Recap: The last day of the month January is here, so it’s time for a monthly overview. We have written a detailed post on our LinkedIn account, read it right here -> LINKEDIN

On the platform you said there will be some kind of reports what happened (new portfolios, sold real estate, etc.). Do you already have some more information what will be in such reports?



We have a good idea of how these reports will look like (content wise) as they are a common practice with classical real estate funds. So, ELES token holder will be able to view the financial data of started projects, the timeline and phases of these projects, all the cost estimations and real costs on the projects etc.


 
The bottom line is that these reports will help us to build trust with all ELES token holders as we will communicate with them transparently all the facts, progress and goals of each project.

Sooooon will be the next AMA TIME. Prepare yourself.

Aaron van Hoven:
As we have some visits in January in our office in Ljubljana, we might have another AMA after this, in February, to also answer your additional questions about our project and current progress.