Investment in Real Estate for Investors and Developers
The BitProperty Mission
Provide anybody with the opportunity to spend money on actual property, each business and residential, at any level of creation without geo-referencing.
The problem BitProperty
One of the most important issues of the current real property market is closeness and conservatism at the initial degree of construction when the developer maximum in need of preliminary capital. This problem is exacerbated by using the lack of a unified database of production sites that require extra funding, as well as the restrained public, get admission to this facts. This solution gives an opportunity to all - each large organizations and individuals to take gain of the possibility and participate in the creation inside the early ranges without geo-referencing.On the equal time, this platform opens the possibility for builders around the world to draw finance from a selection of various and unrelated assets, therefore growing the pool of individuals.
The objectives of BitProperty
1.1 Monitoring and control of construction
Directing all efforts to optimize manage overproduction sites and enhancing the efficiency of tactics, the Bitproperty platform, primarily based on the basis of blockchain generation, has evolved technology with a purpose to make the method of acquiring actual property at the initial stage of construction comprehensible, obvious and handy to anybody. For that reason, Bitproperty will permit you to purchase number one industrial and home actual property for the cryptocurrency, making it more available, obvious, safe, reliable, bendy and within your budget, because it will not be vital to spend the costs for audit agencies worried in controlling the development process.
1.2. Accessibility for investors
The Bitproperty platform affords a secure and green manner to participate in shared construction, as all operations on actual estate objects are saved in clever contracts.
1.3 Implementation of environmental standards in construction
Implementing environmental requirements, the Bitproperty platform will stimulate builders who wish to be protected in the Bitproperty database, consciousness on the implementation of eco-requirements of their production projects. We trust that climate alternate and a loss of sources will lead to the fact that inside the near future environmental requirements will firmly input the actual property sphere.
The Problems of real estate developers
While reading the manner of preparation for the object's tokenization, we observed that with an increase in the number of gadgets, the business does now not scale without developing a special atmosphere. Even a complicated developer can stay.
The Solution to developers
The Bitproperty atmosphere is an ecosystem in which prospective builders the complete world have the opportunity to get a collective investment (crowdfunding) and go from the foundation to the finished constructing. Bitproperty fund assumes obligations on the criminal financing of builders with the help cryptocurrency, that solves the given trouble absolutely.
Problems of investors in real estate
Paying large sums in the form of interest to the bank way that you'll continually be at a loss, with conventional funding.
While making an investment or buying real property, the principal barrier for most people is the excessive fee of access. It's far very tough to come to a decision, make a buy in a mortgage and then stay with a loan for dozens of years.
The solution to Investors
1) buy tokens of actual property, starting from $ one thousand.
2) high liquidity. Whilst making an investment in Bitproperty fund, you could effortlessly buy and promote real property quick and without problems.
3) Bitproperty atmosphere offers you the whole thing to turn out to be a worldwide investor and dealer of real estate.
4) you do no longer need to get a mortgage or mortgage for real estate really worth numerous million greenbacks.
5) increase your investment to create a global portfolio of your actual estate in an unmarried Bitproperty ecosystem!
6) tokens of the actual estate have a strong route and have low volatility, in contrast to the volatility of the cryptocurrency.
The structure of the token
The token is a software token this is used for the subsequent functions:
1) does not grant the right to participate in the share capital of Bitproperty
2) its most important characteristic is to give get admission to the Bitproperty database and the transaction processing system
3) the collected funds will not be distributed until the platform is prepared for launch
Four) all collected budget can be stored in escrow
5) customers of tokens could have the right to select real property objects in which they want to participate, monitor work and stop taking part in a task - in different phrases, they do no longer depend solely at the movements of others
6) to pay for all offerings and carrier expenses of the platform (including marketing campaigns and merchandising of projects on the platform)
7) to participate in the Bitproperty fund when selecting projects to acquire investments on the platform
8) to get traders at the platform precedence access to new projects
Nine) the token may be withdrawn from the platform and sold at the trade
The device includes two tokens: Bitproperty fund token (bitpro) and Bitproperty atmosphere token (bps).
Bitproperty fund token (bitpro) bitpro - a token of the Bitproperty fund.
The problem of bitpro-tokens takes place every time the investor sends BTC or eth to the fund. A clever agreement is issued by means of bitpro depending on the present day price.
1 bitpro = sum of all property in dollar equal/number of emitted tokens
If there are no tokens inside the fund, then the idea is taken 1 eth = 1500 bitpro
The investor can change bitpro back to eth consistent with the following guidelines: now not in advance than 6 months after the launch of the fund; no longer earlier than 3 months after investing within the fund.
The withdrawal fee is calculated as follows: while sending a request for two months before the truth of withdrawal, the commission is zero%, in different instances, the commission is five%.
With the withdrawal of bitpro price range are destroyed (burned), and the investor gets a dollar equivalent in eth, which is calculated by way of the formula: range of paid eth = price of 1 bitpro * amount of burned tokens - fee for withdrawal of funds
The fund's tokens are a modified agreement for the erc 20 token with the choice of additional emission.
Bitproperty environment (bps) token release
Bitpro tokens have a hard and fast total of eighty,000,000 tokens. Consequently, the growth in demand does now not result in a growth inside the overall amount tokens. The wide variety of tokens produced at one or any other stage is indicated by means of beneath.
Date pre-ICO 30 March 2018
End of pre-ICO 15 april, 2018
Date ICO 16 april, 2018
Date ICO ends 30 may, 2018
Token Ticker BPS
Platform Ethereum, ERC20
List of accepted currencies pre-ICO ETH, BTC, LTC, fiat money
List of accepted currencies ICO ETH, BTC, LTC, fiat money
Total tokens released 80 000 000
Number of tokens for sale 64 000 000
Reserved for team and advisors 8 000 000
Reserved for further development 8 000 000
pre-ICO, private price $ 0,25 + bonus 35%
ICO price $ 0,5
Soft Cap $ 800 000
Hard Cap $ 25 000 000
Country Russia (future Hong Kong)
For the reason that quantity of bps tokens is restrained, the tokens, for this reason, are covered from inflation.
on what expenses will be attracted funds
32% IT Development
20% Marketing and Sales
15% Acquisitions and Partnerships
12.5% International Expansion
10% Admin and Operations
5% Development Fund
5% Legal
0.5% Bug Bounty Program
Conclusion
Bitproperty surroundings is a broad-based totally task-based totally on blockchain technology, which, in our opinion, will deliver impetus to the transformation of the complete marketplace of commercial and home real estate on the primary degree construction, which makes it cheap for the common people.
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