SHARE ESTATE - real-backed cryptocurrency of the future

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

With the advent of the SHARE ESTATE platform, the possibilities of cryptocurrencies have increased, and now it will be possible to invest in secured assets. The operation of the SHARE ESTATE platform is based on the Etheriem blockchain, funds will be raised through the initial offer - ICO.

New tokens will have low volatility thanks to real collateral. Expensive real estate will protect crypto assets in a growing market from speculative transactions. The coins of the new platform, unlike most other tokens, have a real justification in the form of commercial real estate. The formation of the cryptocurrency rate will be directly related to the price of specific objects, and since the value of real estate under management will grow, the level of capitalization of the platform will increase.

What is the SHARE ESTATE platform

SHARE ESTATE is a new cryptocurrency, backed by real estate objects around the world, located in the most developed and stable markets, which will allow the token to become a “safe haven” in the entire cryptocurrency market.

SRE token holderswill receive:

• Token backed by a real asset and less subject to volatility.
• Share of the net income of the project (from rental payments and from the subsequent sale of the object).
• Token will provide an opportunity to use the fund's objects for free. For example, if this is a hotel, then the owner of the SRE token will receive the right to free accommodation.
• As the project progresses, the value of the fund's assets will grow, which will contribute to the growth of the value of the token and the number of dividends.
• Voting rights for projects to be purchased.

Each coin holder will be able to influence the implementation of projects, having the right to vote in decision-making. The payout system will be organized using Etherium smart contracts. The token will receive an international designation in the form of the abbreviation SRE, and its market value will be equal to $1.

The main idea of launching the platform is to create a private club where coins will become a membership card. Token holders determine the development strategy of projects and the platform as a whole by voting. Club members decide which objects to invest in, approve the development concept and attract contractors for certain works, thereby participating in the achievement of the result. The desired result is expressed in achieving profitability of projects and obtaining rights to a share of the net profit for the work done.

Initial Coin Offering will be implemented as part of the ICO scheduled for December 2017. The money raised will be used to purchase real estate andwill be invested in development projects related to the purchase of land. Tokens not distributed during the ICO will be destroyed, and no one plans to issue new ones.

The beginning of October 2017 was marked by the Pre-ICO, organized to raise funding for the future ICO. The platform promotion team solves the following tasks during the current Pre-ICO:

• Development of the ICO mechanism;
• predicting interest in the platform from potential investors;
• risk minimization in the future launch of the ICO.

Project participants who bought coins as part of the Pre-ICO saved money, as the price of tokens will increase later.

High level of reliability - stock listing

Preceeding the launch of the platform in February 2018, there will be a listing on crypto exchanges a month earlier. It is necessary to go through a number of procedures to include a new cryptocurrency in the list of instruments admitted to trading. Organizing the listing, the project team pursues the following goals:

• creating a favorable environment for subsequent exchange trading;
• determining the degree of reliability of a cryptocurrency;
• protecting the interests of token holders.

Plans for the implementation of the project - roadmap

The project team plans to acquire the first commercial property in the spring of 2018, thereby democratizing the global market, which is characterized by the greatest conservatism and reliability. Now everyone will be able to invest in commercial properties in the most stableregions of the world with guaranteed remuneration. The obligations of the parties will be performed automatically through the use of the Etheriem blockchain mechanism.

The launch of the SHARE ESTATE platform will solve a number of key tasks:

• monetizing commercial real estate through tokens and providing access to this market to everyone, allows coin holders to participate in the distribution of profits when buying at least 1 SRE;
• improving the security of cross-border transactions with increasing their reliability and speed;
• ensuring transparency of the commercial real estate market;
• Stabilization of the cryptocurrency market – the emergence of coins backed by real collateral will increase the level of confidence in this market and make it more predictable.

The level of profitability of each token holder depends on how profitable a particular commercial property is, and on its activity and actions on the platform. Each of the owners of SRE tokens can independently choose in which project he invests money. It is planned to acquire real estate in the largest cities of the world in the most stable markets:

• London;
• Chicago;
• Los Angeles;
• Berlin;
• New York.

In fact, every participant in the program who has bought at least 1 SRE will become a participant in a project with an investment in commercial real estate and will receive a reward in the amount corresponding to his contribution to the common cause. The price of the cryptocurrency will rise as new ones are acquiredobjects, because it will increase the level of capitalization.

It is planned to invest the raised funds not only in the acquisition of finished real estate, but also in the construction of new buildings. Coin holders will have full access to documents and analytical materials from their personal account. It will also be possible to monitor the progress of the project in real time through web cameras installed at each construction site. It turns out a mechanism reminiscent of shared construction in the residential sector, only here you invest in commercial real estate in the world's largest capitals. Coin holders will be able to view the legal and financial documentation for the project they are participating in and influence investment decisions, determining the development strategy.

The system will work according to the scheme shown in the picture:

Having received tokens and becoming a member of the project, the user can profit from renting out commercial real estate in London or Berlin. Token holders can take part in the voting of projects, and by increasing the amount of investments, make their vote much more significant and directly influence the formation of the platform development strategy.