Tokenized Real Estate Funds Are About To Become A Reality On The Blockchain!

in #blockchain6 years ago

GlobalReit (6).jpg
Image Credit

There is no way around it; real estate is a significant investment regardless of what times we are living in. Sure the market might go up and down, but eventually, if you want a safe return on investment, real estate is the way to go. Being a real estate owner is like managing your employee that can bring you monetary benefits.

Once you’ve chosen the right mortgage and the right tenants, real estate can quickly become a constant cash flow and a secure store of value as well. While real estate investments are a safe financial haven, not everyone is able to invest large sums of money into large properties. With the help of blockchain technology, however, real estate investments are about to become democratized.

Global REIT: The Blockchain that pays dividends earned from property-owning!

The team responsible for Global REIT have taken the traditional REIT infrastructure and implement it on the first ever Blockchain-Based Sharia-Compliant REIT. Essentially, the backers of the project and the token holders will have their funds invested into tangible assets which will, in turn, generate a steady income for all shareholders.

So how does it work? Well, investors decide upon a sum that they would like to invest in the form of BTC or ETH, this sum is then passed through the Global REIT Technology Platform where blockchain-backed GRET Smart Contracts are created with the help of the decentralized Fund Manager.

These Contracts entitle the owners to real-world assets which can be transformed into a tokenized store of value. Based on their share of the co-ownership, shareholders will receive a certain portion of dividends on a monthly basis. It’s safe to say that Global REIT has just made the safest investment even safer with the help of blockchain.

So who can invest in Global REIT?

  • Crypto Investors who are looking for stable monthly dividends and want to branch out their investments.
  • Real Estate Asset Holders who want access to the global liquid markets of the crypto world.
  • Traditional REITs who wish to take advantage of the first blockchain based framework in the business.

Once you have decided to invest, you will receive 2 types of tokens GREM and GRET.

GREM or the Global REIT Fund Manager represents the dividends that will start off with a 2% and once the infrastructure matures it will be lowered to 1.25%. While this may sound bad at first glance, receiving a constant 1.25% of a multi-billion endeavour is not something to be taken lightly. While the GRET or the Global REIT Asset Token will yield a stable 8% of the dividends.

The team behind this ambitious project plans to offer global exposure to it it’s investors, unlike traditional REITs that usually limit themselves to a certain area or group of profitable assets. Thanks to blockchain technology, Global REIT will be able to offer many more benefits to its investor's thanks to the trustless system enforced by the distributed ledger system.

Website
Telegram
ANN&Bounty Thread

BTT username: matthewtherry
BTT link: https://bitcointalk.org/index.php?action=profile;u=1226724
Wallet: 0x16bae723358a1e640414dba296ebb28c98ef8f61

Sort:  

@mathewtherry it will help to buy property with crypto and in future no need to convert it into fiat

You got a 4.15% upvote from @upme thanks to @mathewtherry! Send at least 3 SBD or 3 STEEM to get upvote for next round. Delegate STEEM POWER and start earning 100% daily payouts ( no commission ).

You got a 2.68% upvote from @postpromoter courtesy of @mathewtherry!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!