GlobalREIT - Global Real Estate Investment Trust
Blockchain technology is a transparent digital transaction book and records that are immune to modification or deletion. Offering additional features of increased security, cost reduction, time efficiency and error tolerance, the chain-chain grew, fluctuated in 2017. The utility of blockchain technology is unlimited, triggering an increase in the list of companies, industries and government studying its potential adoption. A block-chain is an immutable public book that records digital transactions.
ABOUT GLOBAL REIT
Real estate is one of the most reliable and popular areas for investment, generating income in the form of rental fees and increase in the objects value with the right construction location or investments geography. A Real Estate Investment Trust (REIT) is one type of fund that in theory could work well as a tokenized fund.
Global REIT — the first transparent and honest investment fund in the real estate market. It works on the same principles as ordinary investment trusts: accumulates funds of depositors, finds the most profitable assets in the real estate market, invests in them and distributes profits. However, the use of blockchain and smart contracts guarantees the safety, transparency and integrity of the funds distribution. No one, even the developers themselves, can voluntarily change the investment terms, replace the reporting data or “forget” to pay depositors their profits.
Our vision is that everyone should be able to invest in a diversified, income producing, real estate asset portfolio and we are using the ethereum blockchain to make it a reality. To enable this vision, we have built a world class robust platform on the Ethereum blockchain, leveraging the strengths of smart contracts to create custom asset tokens (GRET). The GRET token is based off the ERC20 standard, thereby making it fully tradable on all token exchange platforms, unlocking
rapid, simpler, cheaper, and more secure trading than traditional REITs.
FEATURES AND OBJECTIVES OF GLOBAL REIT
Operations with real estate will become more simple and affordable, the use of intellectual contracts can significantly simplify and secure all processes. No fraudulent schemes — blockchain eliminates these problems. If you are an investor and want to invest in real estate, make sure to use the services of the decentralized Global REIT platform.
The real estate sector shows excellent development data — there is always a need for quality housing. But the participants of the segment cannot make the most of their opportunities, because of the outdated system they often face certain difficulties. Centralized systems are the main source of problems in this segment.
The decentralized Global REIT platform is an excellent alternative to obsolete centralized systems. The platform opens up new opportunities for investors — they will be able to invest in long-term projects that promise decent earnings.
Interaction on the platform will be as simple and productive as possible. Developers use innovative tools and solutions for this;
Free services, remuneration for participation in various additional programs;
The ability to acquire truly global assets, which in the future will help to make a significant profit;
Collect dividends from investments — it is possible, thanks to the creation of your own local currency
BENEFITS OF GLOBALREIT
Investors do not need huge amount of money to be able to join the real estate business.
Investor based in Asia will be able to purchase any property of his/her choice from any where without having to go through the stress of providing some paper works.
Investors will be able to negotiate price openly as against what obtains in the conventional real estate , where transactions are shrouded in secrecy.
Fraud risk will be mitigated as transactions are carried out in a transparent manner.
As an investor you will get to receive dividend .etc
WHY GLOBAL REIT IS UNIQUE
Global reit would offer additional benefits to those offered by traditional REIT mechanism. These benefits includes:
Access to all assets under management (AUM) starting with free stays every year in its hospitality assets.
Assets portfolio of global REIT will include assets acquired globally.
Global REIT token holders elwill be able to benefit from their participation in the fund management income.
Token holders of assets owing company will be paid dividend every month.
TOKEN AND ICO DETAILS
In the Global Reit ecosystem, two GRET and GREM tokens are traded.
The GRET token is acquired in the process of Global Reit ICO and secured with a specific real estate that is owned by the startup. This allows the owner to receive an annual 8% income paid from the fund, collecting rent from operating facilities.
GREM is a token of investments aimed at the further development of Global Reit, the collected amounts will be used to finance the construction or acquisition of “secondary”. To protect the investor from losses, 2% of investment compensation is charged on tokens.
Token Type: Utility (Security)
Platform: Ethereum ERC20
Pre-ICO: May 1 to May 31, 2018
Public ICO: June 1 to June 30, 2018
Token Supply: 75 million (GRET)
Tokens Available for Sale: 16,650,000
Price: 1 GRET = $1 (1 GREM = $0.07)
Minimum investment: 0.1 ETH / 0.01 BTC
Payments Accepted: ETH, BTC, USD
You can get Whitelisted here: https://www.globalreit.io/whitelist
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
Global REIT will offer investors exposure to global real estate markets without the necessity of acquiring an entire property, by shifting the management and compliance obligations to the fund management. In the process, investors will earn from property, while enjoying stable, instantaneous and monthly dividends, along with a host of other additional benefits, not otherwise offered by traditional REITs. Be a part of this tremendous project and follow these links for more information;
Twitter: https: // twitter.com/GlobalReit01