Hello friends! Am just very excited to share with you a mind-blowing opportunity in the real estate world who’s ICO is currently ongoing. Below is a brief explanation of Equitybase.
Equitybase project was conceived by a team of experienced individuals in real estate development, cryptocurrency, and tech industry. This project is centered on solving token security and real estate challenges by creating a platform (IOS and Mobile Apps) powered by blockchain technology, where it users will have the liberty to invest in asset-backed securities token and also enjoy dividends along with asset appreciation, held by a smart contract and can be paid with either crypto or fiat currency along with the exchangeability of the traditional public markets.
OUTLINED REAL ESTATE PROBLEM/EQUITYBASE SOLUTION
WHAT THEN IS EQUITYBASE
EQUITYBASE is an ecosystem that enables activities (investing, financing and trading) on the blockchain. And it is the world first securities token ecosystem. Equitybase platform is a standalone P2P network protocol design for digitizing real estate into a decentralized system. The platforms network is powered by Ethereum smart contract, that is to say, the platform can execute and implement preset guidance for entities to interact in tokenization of assets. This Hybrid Market platform contains various product (Equity Invest, Equity Exchange, Equity Reserve, Equity Fund and Equity App) that gives it users divers opportunities and also enabling virtually anybody to build an asset-backed investment portfolio that delivers worldwide predictable and consistent returns without a lock-in period.
HOW THE EQUITYBASE PRODUCTS FUNCTION
This product gives its client Real Estate Offering (REO) information and also the privilege to contribute financially to a property. This product operates on ethereum smart contract where each step of the contract is stamped in the blockchain. Once there is an introduction of a new asset into this product, an expected task list is to be performed. The verified detailed information obtained after auditing are then shared with the platform investors. This information includes; price suggested hold period, target annual cash rate, target IRR and target equity multiple. After which the system spontaneous creates all associated data and secured token for the contract, offering participations associated with it to allow investors to purchase them.
This product offers the investor an innovative standardized way of trading tokenized asset holdings on an investment made on Equity Invest. This product also enables fractional buying and selling of asset-backed securities similar to stock market without a lock-in period.
This product act as a secondary reserve operator and also provides an additional layer of liquidity to the equity exchange platform.it also serve a reserve pool to continuously enable users to liquidate their holding with guarantee buyback on the exchange.
This product enables self- account management, liquidate and investment by investors and issuers. It also helps in connecting and giving asset and investment information (recorded in the ledger of the Blockchain) to it users.
The BASE token is the official Token to be used in EQUITYBASE Ecosystem. Below is the token ICO information;
Total token made: 360 Million
Token Name: BASE
Pre-Sale Date: 02/28/2018 to 03/12/2018
Accepted: ETH, BTC
Public ICO START/END DATE:02/28/2018 TO 04/30/2018
Public ICO price:1ETH=3000 BASE
Public ICO Minimum Contribution: 0.001ETH