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