GLOBAL REIT: INCORPORATION OF CRYPTOCURRENCY INTO REAL ESTATE INVESTMENT

ifykiki (43)in #gret • 6 years ago (edited)

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Wealth accumulation can be achieved by various means, one of which is Estate investment. Investing in real estate means buying, owning, sale and management of real estate. It is a great way of making money though it can be sometimes complicated and most times capital intensive. It has limited liquidity in comparison with other investments. Real estate investment can sometimes become risky when some conditions are not meant and also lack of proper handling. Challenges like information asymmetries, unfavourable regulations, financial inadequacy and others, facing this medium of investment has rendered it less incentive to potential and some existing investors.

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However, Real Estate Investment Trust (REITS) has come to mollify these challenges. REIT is a corporation that engage in income producing real estate investment. It offers long-term diverse group of investments and assets. Its shared holders earns a dividend which is 90% of the income generated on REIT platform.
REIT experienced a transition from the traditional system of real estate investment to a platform incorporated with the new blockchain technology to form Global REIT.

Global REIT operate like the traditional REIT, but now on a decentralized platform. The platform offers opportunity to crypto investor who is in search of a stable dividend and also to crypto investors looking for a platform to invest. All these are possible through the blockchain technology incorporated into the platform . It offers reliable, simple, rapid and cheaper trading in real estate investment. It motivates its users to invest into wide variety of assets. Global real Estate Investment aims at offering additional benefits to make it different from the traditional REIT. It exposes its investors to a real estate market without necessarily acquiring an entire property.

ICO details and Distribution
The ICO on the platform supports Ethereum and offers its users two utility tokens; Global REIT Asset Token (GRET) and Global REIT Fund Manager Token (GREM). Holders of these tokens have assess to the assets under the control of Global economy. GRET is a custom tokens which is tradable on diverse token exchange platform.

The funds gotten from the sale of tokens are utilized in the following ways; showing the transparency of the platform;
35% Sales & Marketing
30% Fixed compensation for team
15% Administrative expenses
10% Legal & regulatory expenses
5% Audit expenses
5% Other miscellaneous.

The platform have three modules through which real estate assets and dividends are distributed.

The modules are:

THE ASSETS MANAGEMENT MODULE: this involves the management of all assets listed on the platform. This allows the users to see the assets features, marketing trend, value and other information

THE COMPLIANCE AND SECURITY MODULE: this module ensures the safety and security of the assets, asset owners, and investor on the platform.

THE TRANSACTION MODULE: this manages all interface calls with the outside world, and also certifies all transactions on the platform.

It is the first blockchain real estate investment platform. It encourages cryptocurrency investors who want to invest in real estate to earn dividends on a regular basis, or liquidize their assets via cryptocurrency. It is efficient, reliable and secure.