Alt.Estate is a fintech company offering the protocol for real estate tokenization and the platform to buy and trade tokenized property assets in fractions.
What is Alt.Estate?
Alt.Estate is a fintech company offering the protocol for real estate tokenization and the platform for buying and trading tokenized property assets in fractions. Using the blockchain technology to disrupt the $217 trillion real estate market, Alt.Estate has a strong potential to become an industry standard for the blockchain-based real estate transactions. A powerful technology stack, a go-to-market strategy with 10x leverage, a working prototype with three already tokenized apartments in key geographies (USA, EU, Japan), and sound community support all position Alt.Estate as a win-win solution for real estate developers and investors.
Created by a highly professional team with a background in IT, investment and marketing, who had $400m worth of real estate deals last year, Alt.Estate benefits from the advisory board with worldwide expertise and transactions in real estate worth more than $3bn.Alt.Estate Protocol includes the smart contract technology, corporate structure and legal compliance aspects of property tokenization. It gives all large existing players – real estate developers, brokers, marketplaces and crowdfunding platforms – a turnkey solution for property tokenization with no infrastructure costs.
Alt.Estate has already created 20+ smart contracts and a smart contract builder which allows to develop hundreds and thousands of them in a quick and simple manner and to ensure the legal property rights with tokens.Powered by the Protocol, Alt.Estate Platform is the marketplace for primary sales and secondary trading of tokenized assets. Together with the Protocol, the Platform allows users to trade real estate even in fractions with higher liquidity and lower costs. Alt.Estate opens the market for the mid-size investors who can purchase shares in 50 Manhattan apartments instead of owning a single expensive one.
Crypto investors can now protect their assets from volatile exchange rate by investing them in real estate; crypto traders can build a global real estate portfolio in one click and trade tokens; crypto whales can purchase properties for personal use. Real estate can use a built-in ready-to-use widget to boost sales. Customers – for the first time ever – get a chance to buy property with as low as $100 and get affordable real estate fractional ownership deals.
While Alt.Estate gets commission and builds strong sales and marketing via existing large players, leveraging their huge budgets.The Platform trade turnover is expected to reach $4 billion in the first 3 years. All deals, transactions and fees on Alt.Estate platform will be powered by ALT tokens. The demand for ALT tokens is forecasted to be 10 times higher than the initial token supply.
Low Entry Ticket
The ability to buy a 1/1,000 fraction of a property makes it accessible to anyone.
Low Transaction Costs
Traditional costs of up to 30% of property price are eliminated with tokenization.
Individuals and institutions can buy or sell fractions of properties without borders.
The Alt.Estate team and advisors have more than $4bn worth of transaction experience in real estate. The diverse team background and expertise inspire breakthrough innovation.
Even a small investor can diversify his portfolio by purchasing tokens of a Manhattan penthouse, a warehouse in Guangzhou, a coworking space in Amsterdam and villas in Bali.
Security & Protection
Due diligence procedures prior to the property token offering and distributed storage of all the collected information provide additional protection.
How It Works
Alt.Estate allows owners to tokenize real estate assets so that they can be sold in fractions:
An owner wants to sell his property or any fraction of it
A property is checked and appraised
Alt.Estate tokenizes the property virtually, dividing it into multiple fractions
Buyers purchase tokens representing fractions of the property
Various property-specific tokens are traded on Alt.Estate Platform (the prices are set by the balance of buy-and-sell orders)