Kamis, 29 Agustus 2019

C ESTATES — Tokenization of Real Estate

Real estate is a long-term investment with the best return on investment (ROI) compared to other investments such as equities, bonds, treasury bills, and gold. In 1980, one of the elite areas in Jakarta, Pondok Indah, was valued at IDR 50,000 per square meter, but now the price touched IDR 30 million per square meter or increased 600 times over 40 years! Real estate is also the lowest risk investment. Real estate will certainly continue to rise along with the increasing human population and increasing need for housing. These facts have attracted many people to invest in real estate.
Investing in real estate is perfect to do in developing countries like countries in Southeast Asia (SEA). The price of real estate in SEA is still relatively cheap and there is still plenty of room to explore and develop so the ROI will be very lucrative. One potential country is the Philippines. Philippines is the country with the highest property value growth and rental yield compared to other SEA countries. Real estate in the Philippines is also still immature, still in the first market cycle, and the cheapest in the SEA.
Unfortunately, investing in real estate is not an easy thing to do. It is constrained by several problems such as difficulties in converting to cash, very high minimum investment, time to transfer ownership which takes 3–4 months, and high tax and fee.
To overcome the problems mentioned above, people can use C Estates. C Estates allows anyone with an internet connection to buy real estate and liquidate them at any time in a fast, cheap and safe way. C Estates offers a complete ecosystem solution in the real estate industry that includes listings, real estate tokenization and the real estate market, brokers, buyers, and sellers. C Estates underpins its operations with blockchain technology, thereby making bureaucratic processes simpler, cross-border transactions easier and less costly, reducing orientation friction with easier KYCs, digitizing legal agreements, decentralizing transaction records, and separating ownership in real estate.
In the initial phase, C Estates will focus on the Philippine real estate market which is under the Certificate of Title Certificate (CCTs). Foreign investors can own these properties. After reaching a sufficient audience, C Estates will offer additional services such as crowdfunding, time-sharing, and land banking. In the next phase, C Estates provides mortgage and home loan services and expand the business to other SEA countries.

C Estates Features

1. Invest: select and invest in a variety of fractional properties from different owners listed in C Estates.
2. Earn: get a share of the rental property income
3 Sell: sell shares to other investors or sell your property after offline verification and validation are complete.
4. Rent: rent your property and get rental fees in XCET coins.
5. Listing: display your property to bid or sell.
6. Land banking: show off your undeveloped land to attract more investors.
7. Time-sharing: offer your timeshare property.

C Estates Token

C Estates will issue Digital Property Assets (DPA) and XCET. DPA is a digital representation supported by physical assets of property in the C Estates. DPA does not represent the ownership of physical assets but the right to get income from the property. XCET is a utility token that can be used to purchase DPA and pay fees including transaction fees, withdrawal fees, token fees, escrow fees, and other fees to facilitate various services such as ad placement, rental or property management. Every quarter, C Estates will burn XCET based on transaction volume until the remaining XCET is 4,499,999,999.5 XCET.
Token symbol: XCET
Token type: NEM Mosaic
Total tokens: 8,999,999,999 XCET
1 XCET = 0.012 USD
Hard Cap: 38,000,000 USD

C Estates Team

C Estates Roadmap

For more information, please visit:

BTT Author Username: vgen

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