Kamis, 23 Agustus 2018

We all are living in the era of transparency where trust is considered the most essential thing for lasting success. You can see the evidence of it as businesses, politics, and celebrities are often brought down by accusations and insider information that comes into light. Well, on the other hand, if we talk about the real estate investing it is known to offer users a source of investment with minimum risk and a reliable means to preserve future wealth. However, the use of blockchain technology in real estate investment is not a new thing.
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It has the potential for disrupting over 217 million and dollar global market by providing them better access to the real estate investment while lowering the investment barriers and offering market liquidity. And RealtyReturns came into existence, so let’s know about this platform in detail from the below-given article.
About RealtyReturns:
It is a two-sided platform or marketplace that makes use of blockchain technology so as to provide people with income-producing real estate investment. It provides user’s investment in the form of tokens for security over the blockchain network to investors worldwide. The decentralized system of blockchain technology offers investors an effective solution and method of securing and investing the value of the real estate on this platform. This, in turn, will help investors who are facing the barriers to entry into easily invest in real estate over this platform.
Problems faced by real estate investors and their solutions by realtyreturns:
• International real estate investors want to own the American real estate, but they significantly faced barriers to entering into the real estate market.
• Cryptocurrency owners and users are seeking credible opportunities so as to receive stable income through the blockchain investments that are backed by the real assets.
• Real estate is capital intensive and illiquid
Solutions
• The blockchain network is global, and this platform mainly leverages the strength in order to provide investors the opportunities to easily participate in the real estate investments worldwide.
• The platform tokens will allow buyers to easily capture a proportional share of their income that is produced through real estate and any sale profits.
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• The platform system is built over the crowdfunding model that is based on the founder’s success and experience in the real estate market. They provide an opportunity for smaller investors by giving them the ability to easily invest their fractional shares on every property. Their return tokens are transferable on exchanges. Thus, investors have the option to easily exit from their investment positions.
Hence, the blockchain on this platform will improve the availability of property records and efficiency of transactions. RealtyReturns has scalable and straightforward business model, and when any buyer invests in any property, this platform will automatically charge 3% for the security token issuance. It is a transparent marketplace that helps investors worldwide to easily access the real estate and accrue wealth through the blockchain technology. With its online portal, people can easily be able to invest in the fractional real estate as well as take the advantages of capital appreciation and income generation.
How does this platform work?
RealtyReturns is making use of security tokens with the decentralized protocol so as to create an industry standard for issuing asset-based tokens and trade over the blockchain. The platform even makes use of return tokens which is an open source for the ERC-20 token over the ethereum blockchain. The return tokens mainly incorporate three core services such as the returns tokens, governor service, and service recorder.
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All these three services can easily be applied in the smart contract while governor service and service recorder functionalities are built on the RT smart contract. All these services allow an easier upgrade for the regulatory requirements.
Use of tokens
The platform issues two types of tokens:
Access tokens- these are basically membership tokens that enable users to make dividend payments in ETH on the returns tokens that are held with the same amount. The limited edition of ERC-20 tokens is designed so as to support early members through entire dividend without charging any transaction fee. These tokens can be sold or even transferred to other investors or members.
Returns token: these ERC-20 tokens are backed by the physical real estate, and each token is fully connected to specific property and sold on security token exchange for the liquidity.
The token return overview
These tokens are ERC-20 smart contract that helps in representing the ownership of real estate security. The ERC-20 tokens are compatible with existing wallets and exchanges which support the ERC-20 token standard. The governor service interface mainly consists of single check method that is mainly called from transfer and transfer from the method. This check method contains all the information that is provided at the time of transfer.
However, to provide return token with the trade approval, the governor service should include a whitelist of all approved investors, additional tokens, and their trading permission so that it can satisfy the relevant securities regulations, tax laws, AML requirements and KYC policies. The two participant’s level permission includes permission to send token and permission of receiving tokens. By knowing the difference between receiving and sending will allow greater flexibility.
The returned token provides a better interface for the developers so that they can use it to implement custom business logic. Well, on the other hand, service recorder offer return tokens with a mechanism for correct or desired version for the governor service.
Token sale
The platform founders will be selling 1.2 billion access tokens that are connected via smart contract, where up to 150 million tokens are created and sold through smart contract at the time of crowd sale. With it, 20% of the membership tokens are created and held by reality returns treasury, 10% for the advisors, team members, influencers, brand ambassadors, incentives and mass adoption. The other 10% of the tokens are allocated to founders.
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RealtyReturns is an open source platform that offers real estate security with the help of blockchain technology. Hence, investors who are actually facing problems like a barrier to entry into the real estate marketplace can easily invest in through this platform.

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