Every day the real estate market is growing very much. Today it can not be compared simply with what was literally a few decades ago. So, for example, the total value of global real estate in 2015 reached 217 trillion US dollars and almost 2.7 times higher than world GDP. This phenomenal amount is incomprehensible to human understanding.
This number included not only the property that has already been developed and built for a long time, it also concerns a huge amount of land around the world, which is still not developed.
Today, the real estate market has such great prospects for achieving a mere colossal success, but despite all this, it lags far behind the bond and securities market.
The most pressing problems faced by the modern real estate market are:
- The huge cost of the threshold for entry into the sphere
- There is no liquidity
- The process of transfer of ownership takes a very long time
- There is no information on pricing
- A large number of different scammers
- The cost of transactions is very high
- All transactions are very complex and incomprehensible for most end users
All of them have been considered many times throughout history. New investment vehicles have been invented that solve some of these problems, but there is no ideal solution, and the real estate market is still the most inefficient compared to other asset classes.
Today I would like to tell a little about the project called Palace Residence.
What is Palace Residence?
Today, thanks to the development of the world wide web of the Internet, it has become very convenient to make various purchases of goods and services directly from your home. But unfortunately, this mainly applies to small goods and services. we do not often buy serious goods on the Internet, because we are still worried about the quality and reliability. With the help of the Palace Residence platform, it will be possible to conduct land auctions from any convenient point in the world.
This project is mainly focused on working with large institutional clients and users. With the help of this project, it becomes possible to conduct investment activities in many audited projects, thanks to the use of smart contracts. That is why the project guarantees the lowest commission level and the absence of any intermediaries.
Palace Residence is the first of its kind decentralized platform designed to make a lease or exchange any assets and services, without any possible costs for different currencies or for a tax payment.
For the work of the platform, the most modern technology of blockade was used. Quite an effective solution, which greatly extends all the existing functionality of the project. Thanks to the decentralized structure, costs for possible risks have significantly decreased. Also, with the integrity of the entire protocol, any two interested parties will be able to easily conclude any kind of contract, without seeking help from interested third parties.
In the usual case, in order to accomplish this kind of financial transactions, it will be necessary to apply for help to a large number of different intermediaries, which of course will require additional fees for registration and registration of different documents. With the help of the Palace Residence project, all these intermediaries will be eliminated as much as possible and costs will be reduced simply to a minimum.
The Palace Residence project will have a much lower commission level, due to the exclusion of third-party relationships from the chain. The fee for using the Palace Residence platform will be only 1%, which is much less than in other similar platforms that are engaged in similar activities.
All owners of the tokens will receive a unique opportunity to trade these coins in all secondary markets. They can very easily carry out such activities in any places where they themselves want.
Blocking technology guarantees absolute safety and reliability of all possible operations and transactions in the system. Only users of the system can have information about all processes and transactions.
The main advantages of the platform
The main advantages of the platform will be:
⇝the cost of entry is quite low. Everyone will be able to buy a small fraction of the property to make it more affordable for everyone. This guarantees the purchase of real estate by investors with minimal investment levels.
⇝the level of transaction costs will be minimal. The cost of such costs will be only 1%.
⇝the availability of a global portfolio. Using the project Palace Residence each, the investor will be able to make a global investment in a variety of real estate. Any person can buy or sell this property without borders.
⇝a strong expertise. The development team already has experience in real estate transactions worth $ 11 billion. This indicates the great experience and qualifications of all members, if they were able to perform such transactions for large amounts of money. They are trying to implement the most innovative solutions in their platform.
⇝the availability of its own innovative portfolio. The smallest investor will be able to carry out the process of diversifying the investment portfolio, buying coins of different property.
⇝the highest level of security and user protection. Presence of special symbolic assets and distributed storage of all information and data collected from the end users.
The main advantages of using the project for investors will be:
- Access to real estate investments directly, without leaving the crypto series
- New opportunities for diversification between cryptographic and fiat impact, which are particularly in demand during downturns in pure cryptographic markets
- The ability to buy real estate for personal use directly using crypto currency without the cost of conversion and access to foreign markets
- Access to a new class of assets, previously inaccessible to most of the population and a minimal investment threshold for investors, is significantly reduced, democratizing the entire real estate investment market
- Increased transparency of liquidity and prices, as symbolized assets are easily replaced, and property tokens can be sold on our convenient platform or elsewhere
- The use of tokens with jurisdiction attributes is agnostic, allowing cross-border transactions and allowing people to acquire real estate in other regions outside their internal jurisdictions
Principle of operation Palace Residence
Using the Palace Residence platform, all the owners will be able to easily mark their assets, with a view to further selling them around the world.
- In any owner there is a desire to sell some property at a good price.
- The real estate object undergoes the process of valuing the value on the Palace Residence platform.
- The platform to conduct the process of dividing the real estate into several parts.
- Buyers will buy tokens, which act as a share of the property of this property.
- Sale of different markers on the platform.
The Palace Residence platform is a market for primary sales and secondary sales of assets with symbols. The platform allows users to trade real estate in fractions with higher liquidity and lower costs.
Palace Residence - the first project for the symbolization of real estate with a working prototype in 17 countries. You can purchase a tokenized property on the platform before participating in PRT token sales.
Tokens
The internal token of the system is PRT. It is used for all possible operations and transactions on the platform. For its development, the newest technology was used, based on the well-known crypto-currency ether. A total of 4365 million tokens are planned to be released. The cost of one coin will be only 0.0001 Crypto-currency ether. The volume of the rigid cover will be 300,000 crypto-loans aired.
General Information About ICO
Token: PRT
Platform: Etherreum
Standard: ERC20
Quantity: 3,500,000,000 PRT
Price: 1 PRT = $ 0.05
Payment: ETH
Soft cap: 100,000 ETH
Hard cap: 200,000 ETH
PreICO
Quantity: 600,000,000 PRT
Beginning: 01.08.2018
Completion: 30.09.2018
Bonus:
To 31.08-70%
Up to 30.09-60%
ICO
Quantity: 1,500,000,000 PRT
Beginning: 01.10.2018
End: 30.11.2018
Bonus:
To 31.10-50%
Up to 30.11 - 40%
Command
The Palace Residence has a team of experienced professionals working in the field of information technology, finance, customer support, marketing and communications, business development, products and others. In addition, real estate transactions worth $ 4 billion in 2017 include professionals with strong experience in real estate, investment, finance, marketing and operations.
They have consultants with international experience and real estate transactions worth more than 7.5 billion dollars. All of them have rich experience in real estate, investment, finance, marketing and operations.
The result
Quite an interesting solution that makes you think hard about the real estate market. Thanks to this project, anyone can easily and without additional intermediaries sell their property for quite-such good money. Many willing investors can buy tokens and get a good share for owning property. This project has tried to solve the most important problems of the world of real estate, especially the presence of a large number of outsiders. For more detailed familiarization it is recommended to visit the official site and read the technical documentation. All successful purchases.
More Information Visit The PALACE RESIDENCE Link :
Website ; https://prt-tokens.com/
Whitepaper ; https://prt-tokens.com/upload/files/whitepaper.pdf
One pager ; https://prt-tokens.com/upload/files/one-pager.pdf
Telegram ; https://t.me/prttoken
Twitter ; https://twitter.com/PalaceResidenc
Facebook ; https://www.facebook.com/PalaceResidenceToken
Medium ; https://medium.com/palace-residence
Reddit ; https://www.reddit.com/user/PalaceResidence
ANN Thread ; https://bitcointalk.org/index.php?topic=4622612
Telegram ; https://t.me/prttoken
Twitter ; https://twitter.com/PalaceResidenc
Facebook ; https://www.facebook.com/PalaceResidenceToken
Medium ; https://medium.com/palace-residence
Reddit ; https://www.reddit.com/user/PalaceResidence
ANN Thread ; https://bitcointalk.org/index.php?topic=4622612
Author of the article:
Bitcoinalk username : Cintashany01
Profile link : https://bitcointalk.org/index.php?action=profile;u=1661845
Facebook : https://www.facebook.com/max.bebasmardeka
Twitter : https://twitter.com/tarjoe_maximum
Telegram username : @TarjoeMaximum
ETH adress : 0x2b53a131742A8d2a03771C168267888D7ed5974f
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