Instant Assets Tokens (IAT): Now The Real Estate Industry will experience tremendous Improvements via the blockchain technology

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(Edited)

Homo Sapiens have always being known as lover of businesses and property investment which can be dated as far back as when the earliest human beings on earth lived, there are variety of businesses but I must confess to you, there is no business industry as big as the real estate industry.

Real estate is an imperishable asset, ever increasing in value and also the most solid security that human ingenuity has devised. Also it’s the basis of all security and about the only indestructible security. (Russel Sage)

An interesting fact about this industry is that it has recorded over $210 trillion market cap which will do even more in the nearest future.

However, as promising as this industry seems, certain endemic issues still persist therein which makes it almost impossible for majority of the masses to find their way into the industry. Listed below are few of these numerous issues;

  • Strict and complicated financial regulations which limits access to mortgage
  • Extremely high taxes and upfront charges on resale
  • Extremely high capital requirement
  • Several restrictions being made on foreign ownership
  • Lack of transparency in the system which gives room for all sort of corrupt practices.

Having noted all these issues, Instant Assets Tokens (IAT) platform has risen against all odds to tackle these challenges, hence attracting the masses to the real estate industry, thereby leading to its tremendous development.

Introducing Instant Assets Token

This is a company that is determined in taking the leading role in all facets of real estate both locally and globally through the disruption of rental and property market. Also this company is incorporating with the blockchain technology for the tokenization and digitization of large real estate assets.

The Management

Token management of this platform shall be done by DigiAssets Pte Ltd which is a Singapore registered company, Realty Beacon Philippines Inc. (RBPI) shall be the company in charge of property management while a non-profit organization called Public Company Limited shall be set up in Singapore which will mainly be in charge of support of the fundraising entity.

How it Works

This platform is aimed at reducing up to 70%-90% of the total costs of property transaction being experienced by property owners in the industry which in no doubt will boost the growth of the industry.

This shall be done focusing mainly on the acquisition of commercial real estate which has recorded an encouraging increase in demand over the previous years. These purchased properties shall serve as the initial asset pool for the IAT ecosystem while the company’s management team will provide asset management services for assets owners who would like to partner with the platform.

Not only is this platform interested in acquiring commercial estates, they’ll also acquire residential properties which will only be done in bulk and only project within key development areas shall be focused upon.

Token Details

The platform shall operate on two main tokens which are IAT and NIAT.
IAT is an Erc-20 token and shall be released during IEO and shall serve as a form of real estate tokenization. It has a total supply of 5,000,000,000 IA tokens while NIAT shall be the local token which is equivalent of IA tokens and shall reside within each person’s real estate market and also pegged against the country’s native currency. This directly means that each country will have its own NIAT and can only be purchased using IAT. The soft cap of IA token sale shall be set at $10,000,000
Listed below are the usecases of the NIAT local token on the platform;

  • Purchase of assets
  • Payment of furnishing
  • Rental payment
  • Payment of asset management services
  • Payment of tax advisory and services
  • Payment for agents’ commission
  • Payment for legal services and
  • Listing of assets for sale or rent among several other uses.

Conclusively, we have seen several projects with unrealistic goals and plans which leaves its supporters and investors with no other option than relying on future profitability, Instant Assets Token has an entirely different modus operandi which is also based on an existing profitable business model which is up and running also with professional and experienced team members. So, it’s just about time that the real estate industry will experience the tremendous developments which have been anticipated all these years and based on these facts, I can boldly say that this is not a project to be missed out for anything, however, you should perform your due diligence by checking out more information on the platform.

For more enquiries and information, kindly check the links below;
Website
WhitePaper
Ann
Medium
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My Bitcointalk Username: amusanmikel2
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=2305577



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