Alt.Estate ICO: ALT Token Real Estate Tokenized Marketplace?
What is All.Estate?
The platform is designed to be one of the breakthrough platforms, bridging the gap between real-estate and cryptocurrency and doing so through the use of the blockchain technology. As of now, there is a private presale open and live – to apply for the crowdsale, just head to company website and click the application process to start to your journey with Alt.Estate.
The company also has several places where they can be followed, the social media accounts you can follow for the platform are Telegram, Medium, Twitter, Facebook and BitcoinTalk.
The purpose of the company is to build your own worldwide portfolio that is based around real-estate. And to eventually help you become one of the best real estate tycoons of the world. The have breakdowns for different types of accommodations you can purchase and invest into. For example, a portfolio could contain a USA, townhouse, Japanese Home, Paris Apartment and Bali Villa. They will then give you your total real estate portfolio worth and value.
There are 3 locations in the USA, Japan and Eurpoe that have already been tokenized. And you can easily add them to your portfolio when you join the platform. Apparently, there are 114 tokens currency available for the platform as well.
How does All.Estate Work?
The platform has a multitude of benefits for the users. For one, there is a low entry ticket that will help you buy property and give you the ability to get it at 1/1000 of a fraction of the total property. The point is that anyone will be able to invest into real estate without having to buy the entire piece of property.
The platform will also effectively eliminate the traditional cost of 30% that are traditionally taken out, this will happen because of the tokenization.
And with the global portfolio, institutions and individuals are able to buy or sell fractions of their properties without having to worry about borders. And the Alt.Estate team is also made up of some of the best advisors you’ve ever seen who have more than four billion worth of transaction experience in the field of real estate. And with such a rich and diverse background, as well as expert advertising, they are truly innovating the industry.
The company Alt.Estate will also work for smaller investors as well, it’s not just for giant companies. And it can be used to diversify a user’s portfolio through the buying and selling of tokens. And the tokens may be from a Manhattan Penthouse, Gongshou Warehouse, or a co-shared space like one in Amsterdam and Balli.
The platform is also designed to provide users with the ultimate levels of security and protection. And with due diligence, there are procedures that that occur before the token offering and distributed storage of all the relevant data that has been collected and provided via additional protection.
What is the ICO on Alt.Estate?
The new ALT token as it is called is expected to surpass the ICO supply by as much as ten times in the first three years. These of course, are just assumptions bases on their personal business model and sales proceeds of 15$ Milllion USD seen in the base scenario for the project. You can go to the website and download the entire projection on the company website and apply it to different scenarios
Who is Behind Alt.Estate?
At this time, no information has been given on the team behind the company. And there has been no disclosure on the headquarter locations either. As an industry rule, both of these are considered to be red flags because they show complete and total lack of transparency. An honest company would make sure you know who you are sending your money to.
Allt.Estate in Conclusion
Take a look at the website in more detail at Alt.Estate but be careful about investing too much with them because there is no information on who they are. And without knowing who the founder of the platform is, or who is one the team, and where they’re located – trusting them fully seems a bit difficult. Not only that, but we have no idea if any advisors are helping the team avoid hang-ups and make bad decisions.
Basically, until Alt.Estate is honest about who they are, and where they’re from, there is too much risk to sending them money via cryptocurrency. Instead, do some research and contact them to see if you can get some more info on who they are. Once that happens, I think Alt.Estate is a safer platform to invest with than most of them you’ll find on the market.