What Is PropPush?
PropPush is a platform created with property sellers, buyers, renters, and agents in mind. The goal of this project is to ensure that transactions take place at a faster rate. Thus far, hundreds of thousands of property alerts have been sent out via PropPush in five different nations.
Why PropPush Blockchain Real Estate Property Service Is Important
In nations where the property is sold, bought, or leased mainly via non-exclusive property agents, it is important to be able to distribute property details to as many agents as possible. This will maximize the likelihood that property transactions take place fast. When property is lying idle, it is usually a revenue loss for participants in the property market.
The PropPush platform will offer a solution by ensuring the information is distributed in real time within the local markets. The company plans to transform the current platform via a new ecosystem that is powered by the PropPush token (PSH). The Stellar Network powers the token and it will bring about a revolution to the real estate markets.
The property market continues to attract a lot of capital globally. Cross-border investments in real estate grew three-fold just before the world financial crisis. However, they have since surpassed the pre-crisis levels. The past two years have experienced a slowdown compared to a peak in 2015. Despite this, deal flows in Europe and Asia are still amazing.
For the first time in a while, there has been major economic growth in all major markets. This certainly bodes well for the real estate sector. According to recent data, housing prices grew significantly in emerging markets in Q3 2017. However, the disparities remain in this group.
Through various evaluations, it has been shown that emerging markets prices have grown about 16 points above those of the pre-financial crisis. The expansion has been quite strong in Asia and Latin American where prices have grown by 27 and 40 points respectively. All these facts show that with improved efficiency, it might possible to benefit more from these markets.
PropPush PSH Token ICO Details
Parameters Of The ICO
- Start Token Sale: September 1, 2018
- End Token Sale: September 30, 2018
- Acceptable currencies: XLM
- Total tokens issued: 1,000,000,000 PSH
- Number of tokens at Token Sale: 500,000,000 PSH
- Tokens Price: 1 XLM = 10 PSH
- Bonus: Week 1: 30%, Week 2: 25%, Week 3: 20%
- Minimum transaction amount: 100 XLM
- Maximum transaction amount: 2,000,000 XLM
- Soft Cap: 1,000,000 USD
- Hard Cap: 10,000,000 USD