IA Tokens [ICO]
What is IAT?
The IA Tokens concept is a form of real estate tokenization and will be released via a process of Initial Coin Offering or ICO on the Ethereum network and will be ERC- compatible. Funds raised from this ICO will be used to develop the IAT blockchain and assets will be acquired to form the initial bulk of properties in the IAT ecosystem. The asset management will be undertaken by our existing management company that is currently operational.
The IA Tokens concept aims to revolutionize the real estate industry using Blockchain technology through the development of the IAT Platform. Funds raised from this ICO will be used to develop the IAT blockchain and our existing management company that is currently operational will undertake the asset management. The Platform will cater to the Philippines market first and we look to expand into other developing markets in Asia.
They have an asset management company that is already operational and pro table; as such, the properties acquired will be entrusted to the management company. Discounts will be given to buyers and tenants if tokens are being used in the transactions via the platform. The company will also handle major project requests such as to digitize a commercial building or mall for resale and will also be looking to work with landowners and developers for project developments. The company will also incorporate functions where agents/brokers, landlords, and tenants will be reviewed and rated by other users of the platform to promote ethical practices from all parties. We will encourage the use of tokens by providing discounts when it is being used for transactions. Examples could include reduction of rental rate or asset management fees. We will also be giving airdrops of the IA tokens to the first 1000 agents/brokers, unit owners, and prospective tenants to register with the platform to encourage usage, gain traction and boost acceptance of the market. Additional airdrops will be considered if deemed necessary. IAT plans to take a leading role in all facets of real estate locally and hopefully globally to make this a reality, starting with disrupting the rental and property market and tokenizing large real estate assets.
Unlike other ICOs that has its value pegged to the future pro-stability and sustainability of their business model, the IAT ICO is based on an existing pro table business model where we have the actual business operations already up and running. The IAT ecosystem is set to revolutionize the traditional real estate market. In fact, this has been a largely untapped segment in the cryptocurrency market.
Problems
Despite the potential profits of the real estate market, buyers face numerous problems and limitations. IAT, to maximize benefits and minimize losses people might incur, aims to solve the following through the adoption of the blockchain technology:1. All Round Transactional Costs
The total cost of buying and selling a property in the Philippines is at times inflated to as high as 24% of the property value. We are looking to cut that total costs down by at least half.2. Integrity and Security
The decentralized nature of the Blockchain technology ensures that records stored on it cannot be changed or controlled by a single source, thus providing security against malicious attacks such as hacking.3. Transparency of Transfer
Information stored on the blockchain is accessible by all which makes the data transparent and immutable.4. Time and Cost Saving
Blockchain technology simplifies and accelerates the ownership transfer process.5. Restrictions to Foreign Investors
Countries have been known to implement regulations to curb a growing real estate market by imposing restrictions on foreign purchases in an attempt to slow or stop the market from ballooning or forming a bubble.
Utilities & Benefits
The IAT ecosystem encourages the use of NIAT for these benefits.
- Rental Payment
- Partner Merchants
- Purchase of Assets
- Payment for Asset Management Services
- Payment for Furnishing
- Payment for Tax Advisory & Services
- Payment for Legal ServicesPayment for Agents/Brokers Commission
- Listing of Assets for Sale or Rent
- Receiving Rental/Sale Proceeds
- Receiving Commission for Agents/Brokers
The IA Tokens Ecosystem
We want to create an ecosystem where token holders freely trade and interact with other token holders and as well as investors who are looking to acquire IA Tokens for their portfolio. As such, the company commits to acquire listing with various exchanges so as to facilitate the trading and liquidity of the tokens.
- Liquidity of IA Tokens
We look towards maintaining the high liquidity of the IA tokens by creating various channels of token utility to reduce the supply of the tokens and acquiring quality properties to be digitized into the ecosystem of IAT. - Liquidity of NIAT
We will be reserving a portion of the funds raised to form a liquidity pool for the purchase of NIAT using the IA Tokens.
IAT Token
IAT will be issued via a Token sale with a total supply of 4,500,000,000 IA Tokens. The price of the IA Tokens will be pegged to US$0.01 per token, ETH and BTC will be accepted. Value of tokens for sale will be US$20 million (inclusive of Early Investors, Pre-sale and Crowd-sale) with distribution according to the table below. Unsold IA Tokens (cap at 40,000,000 IA Tokens) will be given to charity organizations and remaining IA Tokens will be burned. Pre-Sale will commence in early April with the crowd sale subsequently commencing in 15 June 2018.
Token IAT
Price 1 IAT = 0.01 USD
Platform Ethereum
Accepting BTC, ETH, Fiat
Minimum investment 0.1 ETH
Soft cap 1,000,000 USD
Hard cap 20,000,000 USD
Country Singapore
Whitelist/KYC KYC & Whitelist
Restricted areas USA, ChinaVerdict:
The IA Tokens concept aims to revolutionize the real estate industry using Blockchain technology through the development of the IAT Platform. Funds raised from this ICO will be used to develop the IAT blockchain and the asset management will be undertaken by our existing management company that is currently operational. The Platform will cater to the Philippines market first and we look to expand into other developing markets in Asia.
Important links:-
Website: https://www.iatokens.com
Whitepaper: http://iatokens.com/docs/IAT%20WHITEPAPER.pdf
Telegram: https://t.me/iatokens
Twitter: https://twitter.com/IA_Tokens
Facebook: https://www.facebook.com/IATOfficial/
Author: https://bitcointalk.org/index.php?action=profile;u=1801543