#NEWS On July 14th, 2019 Vitalik Buterin, co-founder of Ethereum, proposed an interesting solution to improve ETH scalability in the short term by relying on the Bitcoin Cash blockchain. #blockchain #realestate #luxurylife #WednesdayWisdom

Nice quote

#QUOTE 'True success in real estate comes from developing leadership qualities. Not some sales or marketing tactic.' ~Unknown
#blockchain #realestate #luxurylife #dailyquote #bitcoin #ethereum #luxury #cryptocurrency #SundayFunday #blockchaintechnology #shareyourthoughts #fintech

HOT NEWS / UPDATE

Elements Estates nailed it at the Monaco Blockchain Conference

Have a look at our Medium Article: https://medium.com/@ElementsEstates/elements-estates-nailed-it-at-the-monaco-blockchain-conference-58de105b8fdf

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We are so excited to share our experiences at the Monaco Blockchain Conference with you! So if you want to know about the presentation of our CEO — Ziga Silic, our meeting with some interesting people and the pleasant meeting with the CEO of Eterbase — Robert Auxt, please read this article till the end.

First challenge — Peter Gorinšek could not join us
Like in real life, great opportunities seem to always start with a challenge. Our challenge for the Monaco Blockchain Conference was the cancellation of Peter — our Chairman and Founder — due to illness. We trust he will be fit again soon. Obviously, we missed him! We faced the challenge and prepared accordingly. With big thanks to the team that showed flexibility to get this thing done in the best way possible!

“There will be bumps in the road, but if you stay positive and believe that you can get through it, you will” ~ Savannah Rose Neveux

Let’s get started
So no easy path towards this event. After some traveling hours, our CEO, Ziga arrived in Monaco — World’s Wealth Capital. In his hotel, he did some last preparation supported by his team. Soon after, the conference started with an informal kick-off with food and drinks. Here it all started, although not all participants were present yet.

P-Day
Normally one would call an important day that somebody’s been living up to “D-Day”. We created our own term “P-Day”, which stands for Presentation Day. Despite the bumps we faced, the preparation towards this moment showed its use! Ziga nailed it on stage. His presentation about Elements Estates, the blockchain solution we offer, the progress so far and the business opportunities regarding the no.1 platform for distressed assets, currently in development, was well received! Ziga’s presentation was granted with many thumbs ups from the audience present, consisting of investors, advisors, entrepreneurs and blockchain enthusiasts.

Ziga meets Ziga and other interesting people
The name ‘Ziga’ is a typical Slovenian name. If you meet someone with the same name it is more often than not someone from the same country as our CEO. Meeting a ‘Ziga’ with African roots is something worth sharing and absolutely a moment to capture on a photo. So here the journey of meeting new, interesting people started. Many projects presented their proposition to the audience. The Monaco Blockchain Conference is a modest and cozy event. The strength lies in the charm of the event. It totally fits with the environment it is organized in. Big compliments here to Alastair Lidel, the organizer.

We can’t share all the people we met. Let’s summarize it by saying ‘Ziga enjoyed life in Monaco with some cool people, hang out with them and the majority of these new friends might be quite wealthy.

We would like to share one story though — a bit anonymous for the sake of keeping the opportunity that could come out of it. The majority of the meetups took place outside of the conference. Ziga walked out of the conference and sat down on a bench to enjoy the view recapping his experiences so far. An older man sat next to Ziga. They started a good and long discussion. This man from Switzerland is experienced in the real estate business as well. Being part of some tokenization/digitalization of assets projects within the Switzerland / Liechtenstein area, this might be of good interest for the Elements Estates project. So even in moments of relaxing and enjoying, Ziga did a great job in (re)presenting Elements Estates!

A quick chat with Eterbase’s CEO, Robert Auxt
Proposed by the team Ziga found a way to have a quick chat with one of the other interesting projects presenting at the Monaco Blockchain Conference — Eterbase. With their CEO, Robert Auxt, Ziga discussed the subtitle of Eterbase, “Eterbase is Europe’s Premier Digital Asset Exchange, offering fast and secure trading”. The newly developed platform, with go-live scheduled June 17th, might be a great possibility in the (near) future for listing $ELES. The quick chat is a first starting point. To be continued….

Back home — reflecting on the event shows an outlook to the future
The event is over as well as our summary. Much has been said, much has been done. We found out once again, that our team is a team of professionals that take responsibility, cooperates like a machine and consistently working towards the success of Elements Estates. Our blockchain solution is one that got many thumbs-ups in the conference. New relations have been built. In our opinion, we cannot give a better outlook on the future:

We have the team, we have the business solution, we have the relations. Let’s get this done!

Region overview
Primary target of our investments is South-East Europe (SEE). It is a region with huge investment potential. After the global financial crisis, the region has averaged annual gross domestic product (GDP) growth of 2.3 percent meaning its growth was stronger than the annual

average for the European Union (EU) at 1.2 percent (source: data.worldbank.org).
Last-year’s Q3 growth reached record levels at 8.2 percent and gradually moderated in Q4 of
2017 to 4.7 percent which is still well above average of EU. Regional GDP growth for 2017 is
estimated at 5.5 percent, which is the best performance of SEE region in eleven years.

These trends will continue in the forthcoming years. With a combined market size of 21 million people, young workforce and competitive costs of production the region has significant
untapped investment attraction potential while majority of countries are either candidates for
accession to the EU (Serbia, Montenegro, Macedonia, Albania) or potential candidates (Bosnia
and Herzegovina, Kosovo).

The SEE region is regarded as the region with the highest mid-term potential from distressed
deals within the EU. Our focus in a first phase is on four countries: Greece, Cyprus, Croatia
and Slovenia, all members of EU.

Banks in those countries are saddled with around 130 billion euros in non-performing loans
which in Greece equal to almost 60 percent of the economy and in Cyprus to around 43
percent. The financial sector in Greece is trying to deleverage by getting rid of as many NPLs
as it can, making it a top policy priority for creditors, including European banks and the IMF.
Greek banks have been accumulating NPLs through their balance sheets while they have
been taking generous provisions against them thus making available a lot of properties at
below-market value.