Global Reit - a decentralized pool of Dubai real estate investors
Real estate investments are one of the most reliable methods of funds placement, used since ancient times. Investors are attracted by the possible acquisition of a real asset, the possibility of a permanent income in the form of rental payments, additional bonuses from asset's value increase.
Blockchain technologies have long come into this sphere - they are implemented by both governments and private companies. The real estate market operates with huge money, so there are high risks of fraudulent schemes around deals and in the process of registration of property rights to objects.
Decentralization enhances security by distributing copies of the registration database, information from which cannot be falsified and deals made with smart-contracts protected by the validation done by network mining nodes.
The highest rental income and price growth are provided by luxury apartments built in the "paradise corners" of the Earth or by commercial and office buildings in world's financial centers. But construction cost, as well as "entry threshold" for purchasing shares in operational buildings, are quite high.
Global Reit has the idea of creating a global investment fund - a pool of investors who can contribute any amount, receiving proportional income from the real estate assets belonging to the fund.
To fulfill both prerequisites for attractive investment, funds raised will be used in Dubai. It combines the flashy luxury of artificial islands in the ocean and chic hotels with office skyscrapers. Thousands of financial and technology companies are attracted by the flow of petrodollars that need management or are going to build "cities of the future" in the desert.
Main features of Global Reit ICO
The Global Reit platform differs from competitors not only by the correct choice of the investment application point - the release of GRET and GREM tokens is compliant with Sharia law. Two coins in one project - an unusual, rare phenomenon, but this is how developers manage to avoid "riba" - illegal earnings in Sharia law.
GRET is a token that is the object of the crowdsale directly. Unlike many other projects, participants who purchase GRET automatically become owners of the share in the existing real estate fund. Therefore, any owner of the coin can count on a constant 8% revenue, as commercial buildings "work" already: they are rented out, bonds have been issued on them, the price of real estate is constantly growing.
GREM is a token for participating in future investments - "Free money", waiting to be invested. Therefore, GREM offers low income of 2%, falling over time to almost zero and serving more to protect against inflation.
The Global Reit ecosystem
Participants of the ecosystem:
- Developers, investors, property owners wishing to lease it.
Ecosystem currency:
- GREM, GRET, USDT, BTC, ETH.
To participate in the project, an investor buys tokens for BTC or ETH. GRET brings investment income, GREM allows to participate in new projects on sublease, construction or acquisition of completed real estate.
Owners can lease real estate through the platform, and developers can receive financing if they agree to accept GREM and GRET tokens as payment and investments. Given the specifics of the industry, most of the funds are transferred in the US dollar "cryptocopy" - USDT, which is easily exchanged for fiat at a rate of 1 to 1.
The investor also receives his income from the invested funds in three currencies, its distribution is handled by a smart-contract tied to the fund, which accumulates profit from all assets.
You can get a share in Dubai real estate at a discount right now! Register on the WEBSITE and participate in GRET tokens pre-Sale or become an investor in future acquisitions with GREM tokens!
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