The world population is increasing daily and so is the need for housing. A lot of companies are also springing up across the globe and they need buildings they can rent as their base. This makes real estate an industry that will be indispensable in this 21st century. The real estate industries are one of the surest ways to preserve wealth and hedge against stock market fluctuation. As a matter of fact there are significant inefficiencies and liquidity issues which are associated with this industry and EQUITYBASE platform is all out to put those issues to a flight.
Now let’s look at what EQUITYBASE is all about and how it can be beneficial to you and to the Real Estate industries at large.
WHAT IS EQUITYBASE?
EQUITYBASE platform is a blockchain based platform designed to lower the barriers of entry for users in launching security tokens on the blockchain. The platform is also designed to offer legal compliant solutions for issuers, investors and intermediaries to enable them issue and trade security tokens.
In my introduction, I talked mentioned some of the issues faced by the real estate industries and I can boldly tell you that the EQUITYBASE platform is designed to solve those issues via the application of the blockchain and the smart contract technologies. The EQUITYBASE platform focuses on creating a platform that is viable for securities investment all over the world; this will be achieved by providing liquidity and transparency in pricing and also bringing about ease in making transactions across boarder under a central platform. Investing in the highest quality commercial real estate worldwide on the EQUITYBASE platform is very simple, transparent, efficient, and fully liquidable.
This EQUITYBASE team has designed this platform in a way that it will help in offering a transparent, non-time restrain and liquid solution to invest and trade real estate and other securities on their decentralized system. Once the EQUITYBASE platform is fully operational by the summer of 2018, participants will be able to invest in asset backed securities token and in turn get dividends as the asset is appreciating. This dividend will be held by a smart contract and paid to the user in crypto or fiat currency form.
EQUITYBASE TOKEN & ICO
EQUITYBASE has a token known as BASE token which is an ERC-20 based blockchain token. The token is backed by smart contract; it will be based on a fixed volume basis and will be stored in any Ethereum ERC-20 base wallet.
The pre-sale of BASE token will start from the 28th of February 2018 to the 12th of March 2018 and this will happen at a discount rate of 40% while the public ICO of BASE token will begin on the 2nd of February 2018 to the 30th of April 2018 with initial discount of 30%. The discount rate for the public ICO will be decreasing by 5% weekly throughout the duration of the ICO sale. The minimum contribution from investors during the public ICO will be 0.001ETH.
EQUITYBASE TOKEN DISTRIBUTION
The EQUITYBASE Token will be distributed as follows:
EQUITYBASE ICO FUND DISTRIBUTION
After the ICO, the funds generated will be distributed as follows:
Be a part of this technological advancement via investing the ICO and you will definitely thank me later.
For more information on EQUITYBASE and the ICO please visit;
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1910177