Alt.Estate
Last Update
Apr 24, 2018
About Alt.Estate
Alt.Estate is a fintech company offering the protocol for real estate tokenization and the platform for buying and trading tokenized property assets in fractions.
Using the blockchain technology to disrupt the $217 trillion real estate market, Alt.Estate has a strong potential to become an industry standard for the blockchain-based real estate transactions. A powerful technology stack, a go-to-market strategy with 10x leverage, a working prototype with three already tokenized apartments in key geographies (USA, EU, Japan), and sound community support all position Alt.Estate as a win-win solution for real estate developers and investors.
Created by a highly professional team with a background in IT, investment and marketing, who had $400 million worth of real estate deals last year, Alt.Estate benefits from the advisory board with worldwide expertise and transactions in real estate worth more than $3 billion.
Alt.Estate opens the market for the mid-size investors who can purchase shares in 50 Manhattan apartments instead of owning a single expensive one. Crypto investors can now protect their assets from volatile exchange rate by investing them in real estate; crypto traders can build a global real estate portfolio in one click and trade tokens; crypto whales can purchase properties for personal use. Real estate can use a built-in ready-to-use widget to boost sales. Customers – for the first time ever – get a chance to buy property with as low as $100 and get affordable real estate fractional ownership deals. While Alt.Estate gets commission and builds strong sales and marketing via existing large players, leveraging their huge budgets.
Features
1) Low entry ticket. The ability to buy a 1/1,000 fraction of a property makes it accessible to anyone.
2) Low transaction costs. Traditional costs of up to 30% of property price are eliminated with tokenization.
3) Global portfolio. Individuals and institutions can buy or sell fractions of properties without borders.
4) Strong expertise. The Alt.Estate team and advisors have more than $4bn worth of transaction experience in real estate. The diverse team background and expertise inspire breakthrough innovation.
5) Investment portfolio. Even a small investor can diversify his portfolio by purchasing tokens of a Manhattan penthouse, a warehouse in Guangzhou, a coworking space in Amsterdam and villas in Bali.
6) Security & protection. Due diligence procedures prior to the property token offering and distributed storage of all the collected information provide additional protection.
Technical Info
Alt.Estate Protocol includes the smart contract technology, corporate structure and legal compliance aspects of property tokenization. It gives all large existing players – real estate developers, brokers, marketplaces and crowdfunding platforms – a turnkey solution for property tokenization with no infrastructure costs. Alt.Estate has already created 20+ smart contracts and a smart contract builder which allows to develop hundreds and thousands of them in a quick and simple manner and to ensure the legal property rights with tokens.
Powered by the Protocol, Alt.Estate Platform is the marketplace for primary sales and secondary trading of tokenized assets. Together with the Protocol, the Platform allows users to trade real estate even in fractions with higher liquidity and lower costs.
All deals, transactions and fees on Alt.Estate platform will be powered by ALT token, an Ethereum ERC20 standard token. The demand for ALT tokens is forecasted to be 10 times higher than the initial token supply.
Roadmap
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Q1-Q2 2017
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Core concept developed. Team established. Alt.Estate team with $400 million worth of real estate deals, includes professionals with a strong background in real estate, investments, finance, marketing and operations.
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Q3 2017
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Legal entity registered.
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Q4 2017
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Advisory board formed. Advisors with more than $3 billion worth of transactions in real estate join Alt.Estate. Alt.Estate blockchain architecture development initiated. Alt.Estate tokenized apartment prototype goes live.
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Q1-Q2 2018
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Token sale preparation and launch.
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Q3 2018
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Alt.Estate Platform beta release.
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Q4 2018
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Registration, authorization and licensing in the first jurisdictions.
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Q1 2019
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Start of the first EU law-compliant real estate token sales on Alt.Estate Platform.
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Q2 2019
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Alt.Estate Platform goes live.
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Q3 2019
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Alt.Estate Protocol goes live. Technology, legal and corporate structure modules are united under the Alt.Estate Protocol for tokenizing and selling properties globally.
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Q4 2019
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Promotion of the Alt.Estate Protocol as a turnkey solution for real estate developers, brokers, and investment companies.
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Q1 2020
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Going global. Full deployment of the Alt.Estate go-to-market strategy.
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2020
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Alt.Estate Protocol becomes an industry standard. Alt.Estate Platform is #1 crowdfunding and trading platform for tokenized property.
Materials
Activity
Team
Verified 100%
Advisors
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Construction companies have to increase their sales. All of them. Everywhere around the world.
Tokenization of real estate is a solution for them. We are developing a built-in ready-to-use widget for their websites.
Thousands of real estate companies will use it to avoid spending money on their own blockchain infrastructure. We will use marketing budgets of those construction companies to make Alt.Estate protocol a standard in the real estate industry.
If you have any questions about the platform or marketing - please feel free to contact me.
Last News
ALT ESTATE
This is a financial technology company offering a new solution for real estate tokenization enabling the users to trade real estate in fractions with higher liquidity and lowers costs
PROS:
- Faster transactions: The platform transactions is very fast taking less than 10 minutes as it eliminates the existence of third party intermediaries
- Lower costs: The tokenization of real estate enables it to reduce the overhead costs for exchanging assets up to 30% of a property price making it affordable to the users
- Liquidity: The platform enables real estate owners to get access to both fiat and crypto currency investors without traditional boundaries which speed up the property sale process
- Transparency: The users have a transparent access to the ownership and transaction data on the network as this information is securely stored in the distributed web and hashes are recorded to the blockchain hence building the confidence in buyers and sellers in conducting transactions
- Security and protections: The platform offers due diligence procedures prior to the property token offering and distributed storage of all the collected information hence provides additional protection to the users data
- Lower entry Ticket: The users are able to exploit the platform as it enables them to buy 1/1000 fraction of the property without any border restrictions hence accessible to everyone
- Strong expertise: The platform diverse team and advisors have many billions transaction experience in real estate that is necessary in the project implementation
CONS:
- The platform ALT token doesn’t give the users the rights and uses of the involved company
- Lack of involvement of the platform token in the pre-ICO stage can result to inadequate market penetration
- Loss of the users private keys can easily lead to loss of the users of the users digital wallets
SUGGESTIONS:
- The platform should ensure that the users wallets for acquisition and storage of the tokens is compatible to enable the easy access to the tokens
- The platform ALT token should be involved in pre-ICO stage to raise funds for the project implementation and gain market penetration
NOTE:
The implementation of Alt Estate enables tokenization of real estate assets hence making them transparently accessible to everyone at limited costs making the project viable and motivating me to invest in it
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