Global REIT: a new level of investment in real estate
It is worth starting with the fact that investment in real estate has long been one of the most stable and profitable in terms of multiplying your capital and the risks associated with it.
If you want to save your money many experts will tell you invest in real estate. Buy an apartment, house or mansion and in time it will bring you a pretty good dividend.
And if there are practically no obstacles to investing in your country of residence, while getting real estate in another country, without having business ties, is problematic enough. It is connected both with legal aspects and with financial ones.
The problem of globalization of the market can be solved by the creators of a rather interesting project — Global REIT. By creating a unique platform based on the blockchain technology, the project team can solve the problem globally and for all.
Global REIT is more than just a fund
The real estate industry and blockchain technology already in the near future will not be able to exist without each other. Technology carries too many ultimatum innovations in this field and can solve a huge number of problems. The most obvious among them is the lack of transparency and the globalization of markets.
The creators of the Global REIT project set a goal to create a single international investment portfolio in real estate. Even the abbreviation REIT in the title is unbundled as Real Estate Investment Trusts.
Another important feature of the project is the orientation towards the market of the United Arab Emirates where the industry and blockchain technology is maintained at the state level. And the size of the market and the prospects there are simply huge.
How it works?
Imagine a situation in which you wanted to buy property abroad. In modern realities without a trip to the destination, heaps of documents, and even bribes you just cannot do it.
The Global REIT platform will allow you to purchase the desired remotely and for a cryptocurrency. Does it sound good? Still would! On the other hand, you can also sell or rent apartments to residents of other countries. And it’s all simple, fast, and in one place.
An important aspect is the tokens of the project — GREM and GRET, which give the owners the right to access the assets of the fund. In addition to the convenience of calculations, add loyalty programs and the opportunity to enter the liquidity market. Immediately it becomes clear that its own cryptocurrency for the Global REIT project is quite an important phenomenon.
The Global REIT ICO stage
The main stage of ICO began on June 1 and will last until June 30, 2018. During this time the creators of the project have already managed to collect more than $ 12.5 million and this is not the end.
The value of the tokens is tied to the dollar equivalent, so for 1000 USD you will receive 3571 GREM and 750 GRET. To buy are accepted USD, BTC, ETH.
The total number of platform tokens produced will be 200,000,000 GREM and 75,000,000 GRET which can also have a positive effect on the value of tokens in the future.
Team and prospects
Speaking about the prospects of the project, an important aspect is the project team and the orientation towards the UAE market. These are highly qualified specialists in their field and all information about them is available on the official website of the project.
On the other hand, the niche that the Global REIT project occupies is simply phenomenally promising. It remains only to implement the platform, thanks to which practically unlimited opportunities are opened for both private entrepreneurs and large companies.
According to the project roadmap, the first round of dividend distribution from investment will take place as early as July 2018. In the coming months, there will be an introduction of the possibility of redemption of various real estate assets in the UAE and the UK.
To learn more about the details of this project, as well as to participate in the purchase of platform tokens, visit the official website https://www.globalreit.io/ and read the whitepaper: https://www.globalreit.io/front/whitepaper/Global-REIT.pdf. There you can read about the available Testnet and register on the portal for developers.
The official group in Telegram: https://t.me/GlobalReit
Also, you can find a lot of useful information on the bitcointalk forum (ANN thread): https://bitcointalk.org/index.php?topic=3341986.msg34966361#msg34966361
Author Cryptozond: https://bitcointalk.org/index.php?action=profile;u=1190894
ERC-20 wallet: 0xE09319CEB0C8cf2029e27F85E1Bcb1159c63aF8e
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