Jun 4, 2018
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.Reasons to buy:1. Alt.Estate disrupts the $217 trillion market with new industry protocol - an “ERC-20” for Real Estate.2. Strong B2B business model with $150M token income in the first 3 years.3. Working prototype in top real estate markets: USA, Japan and EU.4. Experienced team with $400M real estate deals value and expert advisors worth $3Bn from PWC, Savills and Knight Frank.5. AA+ Rating from Tokenator and excellent marks from ICObench, FoxICO, ICObazaar and others.6. Demand for tokens is forecasted to be 10X higher vs initial supply.Pre-sale oversubscribed. $1M raised.
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.
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.
Attention. There is a risk that unverified members are not actually members of the team
$1 000 000
$2 428 166
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
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
SummaryBy splitting properties into fractions, Alt.Estate hopes to make the real estate market more open. Only time will tell if their plan will work, but if what they have done so far is any indication, then they shouldn’t have too much trouble getting everything to work.Positives Revolutionizing Real Estate: By splitting up properties into parcels that can be purchased digitally, the real estate market becomes much easier to get into. Whether you have millions of dollars to invest or only hundreds, Alt.Estate gives everyone an opportunity to get started. Buy and Sell Internationally: There is no limit to where you invest in your properties so you can easily diversify your assets without needing to worry. On the other hand, if you are dead sure that a certain area overseas is going to boom, you can still invest in real estate over there. A Well-Trained Team: The Alt.Estate team is composed of members who have been working in this industry for years, so you can rest assured that this ICO is being managed by the right people. Negatives A Competitive Field: We don’t see too many problems with this ICO except for a single relatively significant one. Since the field of real estate tokenization is one of the more popular options for many ICOs, you will find that Alt.Estate has some pretty stiff competition to contend with.
Take a look at the website in more detail at Alt.Estate but be careful about investing too much with them because there is no information on who they are. And without knowing who the founder of the platform is, or who is one the team, and where they’re located – trusting them fully seems a bit difficult. Not only that, but we have no idea if any advisors are helping the team avoid hang-ups and make bad decisions. Basically, until Alt.Estate is honest about who they are, and where they’re from, there is too much risk to sending them money via cryptocurrency. Instead, do some research and contact them to see if you can get some more info on who they are. Once that happens, I think Alt.Estate is a safer platform to invest with than most of them you’ll find on the market.
The Alt Estate Group is developing a platform and protocol for the tokenization of real estate assets. It is envisaged that any real estate asset can be tokenized and fully or partially purchased. This approach is supposed to streamline and lower the cost of real estate transactions; market entry costs will also be reduced.
The project documentation is well thought out. It provides detailed information on the financial model and tokenomics. We think that the ALT utility token (sold during the crowdsale) has a particularly well-worked financial model. It will increase the token’s value assuming all the plans specified in the roadmap are implemented.
When it comes to project risks, the main one is associated with the legal aspects of real estate ownership. The team is planning to take the existing real estate crowdfunding mechanism as a basis, which involves the sale of shares in an SPV / SPE (the direct sale of SPV / SPE shares, the sale of shares in a parent SPV / SPE company or the conclusion of an agreement with a nominal shareholder) on whose balance sheet the asset is recorded. The Alt Estate Group will sell tokens instead of shares in those jurisdictions where tokens can replace them legally.
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