Global Reit !REAL INCOME ON BLOCKCHAIN

in #ico6 years ago

Hi ,today I will tell you about Global Reit images.png
Vision-The vision of Global REIT is to be able to create a truly global real estate investment portfolio that will offer better value-added benefits than traditional REITs. This is set to shape the landscape worldwide, in how real estate investments are perceived, accessed and transacted.

Mission-Global REIT will offer investors exposure to global real estate markets without the necessity of acquiring an entire property, by shifting the management and compliance obligations to the fund management. In the process, investors will earn from property, while enjoying stable, instantaneous and monthly dividends, along with a host of other additional benefits, not otherwise offered by traditional REITs.

Investing in real estate has long been a well-known method of wealth-building. Favoured by many and with a myriad of options to choose from, individuals are spoilt for choice when it comes to their investment options. To mitigate these risks and overcome investing challenges, the market offers Real Estate Investment Trusts (REITs) as an alternative investment vehicle. A REIT is a trust, corporation or an association that owns, or finances income producing real estate and can be publicly listed or privately owned
HOW DO REITS WORK?

WHO WOULD BE INTERESTED?

Investing in Global REIT will particularly be of interest to:

• Crypto investors looking for stable monthly dividends and seeking to invest in real estate assets using cryptocurrencies
• Real estate asset holders looking to exit into a liquid market in the crypto domain
• Existing REITs who would like to take advantage of an already established blockchain framework to enter the crypto domain

BRIEF DESCRIPTION

Global REIT is the first ever blockchain-based Sharia-compliant REIT to be launched in the market.

The company will acquire assets, starting from UAE and rapidly enter properties in jurisdictions worldwide. The first Asset under Management (AUM) will have a Net Asset Value (NAV) of USD 75 million. The total portfolio value of Global REIT is projected to reach USD 10 billion by end of 5 years.

The ICO will offer the following dual utility tokens to its subscribers in a respective 25-75 split:
• Global REIT Fund Manager Token (GREM)
• Global REIT Asset Token (GRET)

This means that each subscriber will get a share in the Fund Management Company (GREM) returns and the Asset Owning Company (GRET) returns besides the utility attached with both the tokens

In the pre-ICO stage, bonus tokens are offered to subscribers in four tranches with the maximum bonus tokens given to those subscribing in the first tranche.

Ethereum (ERC-20), Bitcoin (BTC) and Fiat Currency will be accepted for subscription to these tokens and in return, the dividends will be paid in USD and USDT (Tether)
ICO DETAIL

BLOCKCHAIN INFRASTRUCTURE FOR REITS
Guys aim to create true diversification across multiple real estate asset classes to enable users to invest seamlessly into a broad asset backed portfolio. Our vision is to not only revolutionize the REIT industry within focused regions and geographies, but to create a diverse and vibrant platform for assets from multiple REITs across the globe to plug into, unlocking a wave of cross-investment potential and opportunities worldwide.
To enable this vision, we have built a world class robust platform on the Ethereum blockchain, leveraging the strengths of smart contracts to create custom asset tokens (GRET). The GRET token is based off the ERC20 standard, thereby making it fully tradable on all token exchange platforms, unlocking rapid, simpler, cheaper, and more secure trading than traditional REITs. This enables investors of all sizes to now hedge their risks not only in FIAT currencies, but in real assets instead. In addition to the GRET, our platform also enables a secondary token on the ERC20 standard called GREM. This globally tradable token allows investors to partake directly in the Global REIT Fund Manager dividends, similar to how traditional REITs are structured. Together, both the GRET and the GREM offer a turnkey solution to revolutionize real estate investments, making them accessible to multiple classes of investors

And I think that with such a team they will have a great success !!!





I think we should wish them good luck and move up!!!
More information about the project can be found on the official sites of the project:
Website https://www.globalreit.io/
Whitepaper https://www.globalreit.io/front/whitepaper/Global-REIT.pdf
Ann Thread https://bitcointalk.org/index.php?topic=3341986.msg34966361#msg34966361
Twitter https://twitter.com/GlobalReit01
Facebook https://www.facebook.com/GlobalReit-144007413076936/
Telegram https://t.me/GlobalReit

Autor https://steemit.com/@mishaico

Sort:  

@mishaico, I gave you an upvote on your first post! Please give me a follow and I will give you a follow in return!

Please also take a moment to read this post regarding bad behavior on Steemit.

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.034
BTC 64136.70
ETH 3128.20
USDT 1.00
SBD 3.94