Decentralized Finance Projects: Alt.Estate - trade tokenized real estate

Alt.Estate is a blockchain platform to trade tokenized real estate. It allows anyone to easily build their own global portfolio of properties all over the world and become a real estate tycoon. The Alt.Estate team includes professionals with a strong background in investments, finance, marketing and operations who had $400M in real estate deals. Supported by advisors with a worldwide expertise and transactions in real estate worth more than $3B, Alt.Estate has already tokenized apartments in the US, Japan and the EU, launched a working prototype and elaborated a viable go-to-market strategy.

This project bring innovation to real estate markets by implementing blockchain technology in the real estate marketplace and crowdfunding business models. Alt.Estate goal is to promote blockchain and cryptocurrencies to the mass market by solving the traditional problems of investments in real estate.

How it works:

Alt.Estate allows owners to tokenize real estate assets so that they can be sold in fractions:

An owner wants to sell his property or any fraction of it→ A property is checked and appraised→ Alt.Estate tokenizes the property virtually, dividing it into multiple fractions→ Buyers purchase tokens representing fractions of the property→ Various property-specific tokens are traded on Alt.Estate Platform (the prices are set by the balance of buy-and-sell orders).

Use Case: David Buys Fractions of Several Ocean Villas With Just $25,000

David is 37. He works as a manager in an IT company and is a typical middle class man. Currently, he is seeking to invest his savings of 25,000. David is cautious of risks because he is a father of two and rather reluctant to bet all his hard earned capital on some opportunistic venture. He already has a broker operating on his national stock exchange. Now David is considering alternative investments to diversify his portfolio and to obtain higher returns at the same level of risk. He knows that he wants to focus on short term rentals due to the soaring demand for Airbnb and other online marketplaces. David's wealth is not enough to purchase such property, and he is not allowed to invest in private real estate vehicles under his country’s laws he does not qualify as an accredited investor). The only option David can afford is REIT shares on the stock exchange. David does some research and finds out about their price volatility. Plus, in times of financial instability they’re just as vulnerable as his other equity shares, and there’s the possibility of asymmetrical pricing (the private market value of the underlying real estate can be several percent below what the trading value is). Also, he does not want to be a “blind” investor, unaware of which real property he owns. Part of the reason Alt.Estate exists is to help David and other people struggling to access the exclusive world of real estate. With Alt.Estate, David figures out the best options available for him through the online Platform. He selects several ocean villas in Indonesia, France and the Dominican Republic, instantly purchases their tokens from the secondary market within the Platform, and now owns a diversified portfolio. David completes this miraculous transaction within one hour without having to bother about all the paperwork and legal issues he would have definitely faced otherwise. He can sell his tokens anytime in the secondary market.

Advantages:

Low Entry Ticket : The ability to buy a 1/1,000 fraction of a property makes it accessible to anyone.

Low Transaction Costs : Traditional costs of up to 30% of property price are eliminated with tokenization.

Global Portfolio : Individuals and institutions can buy or sell fractions of properties without borders.

Strong Expertise : The Alt.Estate team and advisors have more than $4bn worth of transaction experience in real estate. The diverse team background and expertise inspire breakthrough innovation.

Investment Portfolio : Even a small investor can diversify his portfolio by purchasing tokens of a Manhattan penthouse, a warehouse in Guangzhou, a coworking space in Amsterdam and villas in Bali.

Security & Protection : Due diligence procedures prior to the property token offering and distributed storage of all the collected information provide additional protection.

Alt.Estate are the first real estate tokenization project with a viable B2B marketing strategy. This project will provide our solution to real estate developers, investment companies and brokers. As they are interested in any new sales channels, this can use their marketing budgets to promote tokenization Protocol and quickly fill exchange with tokenized real estate from all over the world.

Token Details