BRICKBLOCK IS ALL ABOUT REAL ESTATE AND BLOCKCHAIN

Real estate has been an age long business where shelters and accommodation are being provided for money. These assets are either bought or built by homeowners and they collect rent from tenants and this is dated back as far as a man came into existence. To own a property or real estate goes beyond having a place to call a home. Real estate business has grown tremendously over the years and it's multi-billion USD market. As every other business has its own downside, it's multifaceted, it's capital intensive. There are lots of opportunities in the business, some are developers, who build and sell after completion while others build or buy for either commercial purpose or personal. There is a challenge of having a physical presence in purchasing properties in most cases around the world with the risk of traveling, accommodation expenses, and unforeseen circumstances.

The crypto-economy seems to be one of the most unpredictable economies in recent times. Investors have come to discover that investing in the crypto-economy is very risky. They make a lot of profit in one month and then lose a lot of money in the next month. Up till now, just a few limited methods have been applied to diversify the crypto-portfolios in order to reduce the risks associated with investing in the crypto-economy. However, the economy needs real diversification across its multiple asset classes for investors to experience a well-balanced portfolio and this is where Brickblock comes in.

Brickblock is the future of stock trading using Blockchain technology. It provides a platform that allows users to seamlessly invest in real assets like real estate funds (REFs), passive coin-traded funds (CTF), exchange-traded funds (ETFs) and active coin managed funds (CMFs) with its own denomination and proof of asset (PoA) tokens at lower costs compared to traditional investing. This enables investors to evade the risks associated with cryptocurrencies in real assets without having to convert their cryptocurrency to fiat currency

With the emerging blockchain technology solving varying problems in different spheres of human endeavors ranging from scientific research, medicine, robotics, agricultural, and so on, real estate was not left out as seen by Brickblock bringing succor to low-income earners or low capital investors since real estate goes with huge financial involvement. Brickblock is providing a channel where finance will not become a barrier for a new entrant into real estate business. The model as introduced encourages low investment. Brickblock's concept has no territorial or geographical limitation and that is one beauty of blockchain technology, you can own a property from wherever you are around the world after all proper verifications have been carried out. This is where blockchain technology meets real estate business.

There are varying factors affecting real estate business and with the volatile nature of crytocurrency and it's low patronage level, investors are not too comfortable with their funds invested because of its high-risk level. In the cryptospace, the value of your digital assets can reduce from millions of dollars to thousands of dollars if the market goes bearish so to mitigate this as an investor you have to convert to fiat currencies but with Brickblock's solution, investors can use ethereum to buy EFTs or REF that are real assets.

High trading cost: There are too many costs embedded in real assets transactions which are quite worrisome and thus discourages low-income investors because in some cases no matter how much you are investing you pay quite high charges not minding the amount you invested while high capital influential investors enjoy lesser fees because he invested more money. This is a major factor militating against those with low finances, in the end, the investment will not be worth the time and money thereby shutting some categories of persons off business entirely. Brickblock has come to salvage this unfair practice through the deployment of blockchain technology and smart contracts. The Brickblock platform is highly secure as funds can only be claimed by token holders.
The infrastructure of Brickblock platform will be implemented as a decentralized application (Dapp) and it will run on the Ethereum network

Private investors find it difficult sometimes to get EFTs or REFs due to restriction in trade, taxes, government policies and so on. With these inherent factors, it becomes impossible to acquire a real estate asset.

Volatility: Volatility of cryptocurrency is high and it is influenced by the fact that there are limited available alternatives to eliminate or mitigate the associated risk.

Acquisition of real estate: Cost involved in acquiring real estate properties is high and complex due to the involvement of real estate broker. There are different charges embedded that makes the entire process costly.

Why you should use the Brickblock Platform

1. Real assets will be purchased with Ethereum as to curb volatility. With this concept your investment is safe.
2. Brickblock makes use of Blockchain technology for clearing and settlement processes. Hence, counterparty risk is reduced from multiple days to a few Ethereum block confirmations which possibly might be under 1 minute.
3. With Brickblock real estate assets will be bought and sold through the deployment of blockchain technology and smart contracts thereby cutting off middlemen which in turn brings the cost to a reduced level and also decreases complexity involved.
4. Trading restrictions in some countries will not affect Brickblock since no geographical borders apply to the platform. Hence, investors do not need bank accounts to trade REFs and ETFs globally thus empowering Brickblock to offer the cheapest ETFs and REFs in the world.

Token Details: There are three types of tokens as shown below;

Brickblock tokens (BBK) will be gotten in exchange for ethereum and bitcoin during contribution phase. Brickblock tokens stored in smart contract by holders will enable the holder to receive access tokens on a weekly basis until such token(s) are withdrawn from the smart contract.

Access tokens: These are tokens that will enable fund managers and broker-dealers to have access to Brickblock platform in order to list their fund and to pay market determined fees when REFs, EFTs, CMFs or CTFs are sold. Thereafter access token is burnt and Brickblock token will determine how many access tokens will be available.

Proof-of-Assets Tokens: These tokens represent real-life assets in security form for EFTs and REFs while for CMFs and CTFs they are what you will use to claim funds in wallets. For every investment, users receive POA tokens for invested funds.

Softcap : 2,000,000USD

Conclusion

With Brickblock as highlighted in the article, there is no entrance or geographical barrier in participating in real estate asset business and this gives the team an edge over others because they are preparing a level playing field for all. If you are a potential investor that values your assets and money, you have no other choice than invest in Brickblock, while you sit, relax and see your investment blooming because the technology to run the business has been marshaled out by the team. Make a wise investment choice today by participating in the on-going token sales before it is over then go get a glass of coffee while your investment grows. This is a cutting-edge technology tokenizing the real estate market through the blockchain technology. See you all at the top. Real estate deals will be complete in an almost instant time and I refer to this as an instantaneous transaction through cryptographical method. Investors will have the privileges of enjoying low fees during transactions, high-speed transactions, have control over their investments and better options to control volatility by the available alternatives on the Brickblock platform. Strategic partners speak volume about a project, and with the partnership deals already sealed by Brickblock shows the level of commitment from the team and how confident investors are with the project and I am sure delivery is key.

Meet The Team

The team is made up of experienced professionals with the requisite knowledge and it is replicated in the outcome of the on-going token sales. The team members have made relevant achievements ranging from asset management and thus they have an edge in trading and settlement processes to blockchain technology experts.

Website link: https://www.brickblock.io/
Whitepaper: https://www.brickblock.io/Brickblock_General_Whitepaper.pdf
Telegram: https://t.me/joinchat/AAAAAERj-_1p8AktrkESlQ
Twitter: https://twitter.com/brickblock_io