ANN ICO Alt.Estate - Trade Tokenized Real Estate! ( BOUNTYHIVE )

ANN | WEBSITE | WHITEPAPER 

Alt.Estate Group is a financial technology company offering a new solution for real estate tokenization: the Protocol and the Platform.

Alt.Estate Protocol covers the technology, corporate structure and legal compliance aspects of tokenization. The Protocol will be a turnkey solution for anyone who wants to tokenize real estate, from developers to individuals. The Protocol is well-positioned to become the new standard of the industry.

Alt.Estate Platform is the marketplace for primary sales and secondary trading of tokenized assets. The Platform allows users to trade real estate in fractions with higher liquidity and lower costs.

It allows anyone to easily build their own global portfolio of the best properties worldwide and become a real estate tycoon. The Alt.Estate team, with $400M worth of real estate deals in 2016, includes professionals with a strong background in investments, finance, marketing and operations. Alt.Estate is supported by advisors with worldwide expertise and transactions in real estate worth more than $3B. Alt.Estate has already tokenized apartments in the US, Japan and the EU, launched a working prototype and elaborated a viable go-to-market strategy.

Alt.Estate is the first real estate tokenization project with a working prototype: you can purchase tokenized property on our Platform before participating in the token crowd contribution.


HOW IT WORKS

Alt.Estate allows owners to tokenize real estate assets so that they can be sold in fractions:

• An owner wants to sell his property or any fraction of it
• A property is checked and appraised
• Alt.Estate tokenizes the property virtually, dividing it into multiple fractions
• Buyers purchase tokens representing fractions of the property
• Various property-specific tokens are traded on Alt.Estate Platform (the prices are set by the balance of buy-and-sell orders)

Alt.Estate's Vision Is to Promote Blockchain Technology in Real Estate by Creating Clear Economic Incentives for Market Players. Alt.Estate's bring innovation to real estate markets by implementing blockchain technology in the real estate marketplace and crowdfunding business models. The goal is to promote blockchain and cryptocurrencies to the mass market by solving the traditional problems of investments in real estate

Alt.Estate makes it possible to buy and sell tokenized real estate assets in a trusted, fast and smooth manner with instantaneous transactions and low transaction costs. Any real estate owner can list his property or any fraction of it on the Platform, and anyone can become a buyer as the entry ticket is very low.

Alt.Estate Protocol Is Based on Two-Layer Token Model

• SQM Tokens: Each Property in the Platform Will Have Its Own Property-Specific Token 

SQM tokens are property-specific tokens, which are created when a new property is tokenized. Each property listed on the Platform has its own SQM_{PID}, where PID stands for a unique property ID
Each SQM token has its own smart contract, which is designed specifically for the jurisdiction of the property, and its type and purpose. An SQM token smart contract can include various provisions unique to each property, but there are 4 general functions of SQM tokens:

1. An SQM token is a store of value: it provides the investor with exposure to the underlying property income (allows investor to participate in rent income), expenses and price changes 
2. An SQM token is an instrument for raising funds by sellers tokenizing their property 
3. SQM tokens allow a token holder or joint group of token holders who own 100% of the SQM_{PID} to use the underlying property at their own discretion (for example, live there or work) 
4. SQM tokens give voting rights on property-specific decisions through a special mechanism decentralizing property governance

SQM tokens can be bought or sold on the Alt.Estate Platform or any other exchange, or in peerto-peer deals

• ALT Token Is the Internal Currency of the Platform and the Fuel of the Protocol

The ALT token is a pure utility token used for several specific functions within the Platform. There are 3 major functions of ALT tokens:

1. ALT token is the fuel of the Protocol and the Platform; all the fees (tokenization, transaction, management, etc.) are paid exclusively with ALT tokens 
2. ALT token is a cryptocurrency: ○ SQM tokens on the Alt.Estate Platform can be purchased with ALT tokens ○ ALT token holders can earn extra income for work done within their roles assigned on the Platform paid with ALT tokens 
3. ALT tokens give voting rights on decisions through a special mechanism decentralizing Platform governance

ALT token holders can sell their ALT tokens outside the Platform.

Token : ALT
PreICO Price : 1 ALT = 0.00001 ETH
Price : 1 ALT = 0.00001 ETH
Bonus : 

• Pre-sale bonus: up to 20%. 
• Crowdsale start bonus: 5%.

Platform : Ethereum ( ERC 20 )
Accepting  : ETH
Minimum investment : 0.1 ETH
Soft cap : 1,000,000 USD
Hard cap : 30,000,000 USD

If you join on https://bountyhive.io/browse/Alt.Estate, you have make account first in Bountyhive.io

Bounty campaigns will last until the end of Alt.Estate. The rules of each bounty pool are different, the sizes of the pools are different, and points do not carry over from pool to pool. PLEASE READ ALL RULES CAREFULLY.

 Apply for Crowdsale

Team

The Alt.Estate team, with $400m worth of real estate deals in 2016, includes professionals with a strong background in investments, finance, marketing and operations.

 Advisors

We have advisors with worldwide expertise and transactions in real estate worth more than $3bn. Alt.Estate is the first tokenization project with a viable go-to-market strategy. Our offer to market players provides clear economic incentives to use and promote our Protocol using their marketing budgets. This whitepaper outlines the Alt.Estate value proposition, the marketing strategy, the business model, and the token distribution details.

More on :

MEDIUM | TWITTER | FACEBOOK | REDDIT | GITHUB | LINKEDIN

PROFILE !!

Thanks for reading ANN ICO Alt.Estate - Trade Tokenized Real Estate! ( BOUNTYHIVE )