ATLANT Tokens Overview
ATLANT Platform (hereinafter “ATLANT”) is building a next
generation global real-estate platform based on blockchain technology. We
believe blockchain has the potential to help accelerate the adoption of the
Sharing Economy which has already begun to unleash industry disruption by opening
up significant amounts of previously untapped private capacity and tokenization
of property may completely change real estate transactions and ownership
transfer as we know them. That is why we are using the token crowdsale
mechanism to pre-sell our product and finance development as opposed to
traditional venture capital. With a secure, tamper-proof system based on the
blockchain, users can trade parcels of property on our platform and bypass intermediaries
in rental deals, transacting P2P (peer-to-peer), all of which will enhance ease
of use and security for guests and hosts alike, streamlining user experience
and driving accelerated adoption.
Real Estate is the largest asset class in the world, and
also one of the most inefficient. Our aim is to empower the $217+ trillion1
global real estate market with 2017 volume of $1.4 trillion2 to seek a more
transparent and liquid way to invest and trade. ATLANT platform seeks to help subdivide
individual parcels of real estate into tokens, and subsequently PTO (Property
Token Offering) and list them on exchanges, starting with the decentralized
ADEX exchange based on Ethereum smart contracts. Such endeavor would ease
transfer of ownership, simplify fractional holding without minimal constraints,
alleviate tax inefficiencies, make cross-border transactions simple, and
eliminate substantial overhead faced in certain jurisdictions due to
unnecessary middlemen. Tokenizing property will allow real estate assets to be
uniquely identified via a digital record that contains information regarding
occupancy, physical characteristics, legal status,historical performance, and
financial position.
Total supply of ATL tokens will be limited to 150,000,000 of
which 103,548,812 will be issued during the ICO period, and 5,201,188 allotted
for the pre-sale, with the remainder going to the team, board of directors,
advisers, and bounty program participants.
ATLANT Platform
ATLANT is addressing two of the most pertinent problems in real
estate with its decentralized blockchain platform: Tokenized Ownership and
global P2P Rentals.
Tokenized Ownership
Listing of real estate tokens representing shares in
individual real estate assets and their liquid trading in a transparent and
orderly market with price discovery.
P2P Rentals
Significantly reduced fees for both the tenant and lessor
& minimized possibility of fake reviews and forged ratings, which plagues
existing centralized services such as Airbnb and Booking.
Assurance
Asset ownership or rental agreements are guaranteed by the
blockchain technology, which provides tamper-proof decentralized store of
records.
Price Discovery
Real estate assets are tokenized and freely tradeable on
digital asset exchanges, ensuring price transparency and discovery.
Accessibility
Investment is denominated in divisible tokens, enabling
users to diversify their asset holdings and invest with even modest portfolio
size.
Liquidity
Buyers and sellers are able to trade property tokens without
causing substantial changes in asset prices.
Low Fees
Overhead is eliminated and users pay substantially lower
commissions on both purchase and rental transactions processed via smart
contracts.
Immutability
Transaction settlement and ratings are confirmed on the
blockchain and cannot be modified after creation to eliminate disputes and
improve real estate market efficiency.
Website : https://atlant.io
ATLANT ICO ANN thread : https://bitcointalk.org/index.php?topic=2053239.0
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