Blockimmo: Ethereum-Blockchain Real Estate Investment Platform?
Blockimmo is a global, decentralized real estate marketplace that aims to become the industry leader by making it possible to make real estate investments in smaller stakes, ensuring that investments are liquid, as the property tokens are tradable in secondary marketplaces and by making the real estate market more accessible.
Furthermore, Blockimmo seeks to bridge the gap between on-chain transactions and the real world through combining manual processes, anti-money-laundering (AML), and know-your-customer (KYC) procedures, which results in Blockimmo users receiving value for their investments while revolutionizing real estate ownership and trade.
There is a wide variety of property that can be listed on Blockimmo such as residential, private, and commercial or plots. Development projects can also be listed Blockimmo and the property owners can raise funds by offering investors equity in exchange for investment in their property.
How does Blockimmo Work?
To begin real estate investment on Blockimmo, users are required to complete the verification and approval process on the Blockimmo website. The process involves the users providing and verifying information.
Once the registration process is completed, users can browse on the available investment opportunity and select the real estate investment that best suits their needs. Users will then receive notifications when the sale of the selected property begins.
When the crowd sale of the property is completed, the investors will be able to claim their share of the invested property.
All transactions on Blockimmo are automated, which eliminates the reliance on intermediaries while simultaneously simplifying legal and regulatory processes for both the buyers and sellers. All property listed on Blockimmo is tokenized and all its rights and ownership are controlled and represented by Ethereum smart contracts.
There is no minimum capital requirement on Blockimmo; therefore, users can invest in real estate with as little as 1 ETH.
The amount of passive income received on an investment will be determined by the number of shares users have on that particular property token. Each property has its unique ERC-20 token and once users make an investment they will receive the tokens to represent their share of the property.
Why invest in Blockimmo?
Access to real estate investment opportunities
The Blockimmo real estate investment platform will tokenize properties and development projects, which will make it possible for anyone to join and invest in the real estate while at the same time eliminating market barriers and intermediaries.
To ensure that hacks and break-ins do not exist on the Blockimmo platform, the Ethereum Blockchain is used to record all the transactions; this prevents unauthorized third parties from accessing transactions or information on the platform.
Additionally, the security of the platform is maintained through audits that are conducted frequently.
Blockimmo has a decentralized marketplace where users can sell their tokens at any time of the day, from anywhere in the world. The marketplace is designed in a simple manner that makes it easy for the users to receive their Ether tokens.
Track performance of property
Once users have acquired properties, they can track the performance of the properties in terms of the rental income through the reports published by Blockimmo regularly as well as through the investor portal.
Compliant with regulations
Blockimmo is compliant with laws and regulations and has implemented know-your-customer (KYC) and anti-money-laundering (AML) procedures.