ELAD - A PLATFORM OF BLOCKCHAIN AND REAL ESTATE
ABOUT ELAD
It is a real estate platform with a difference. Taking advantage of the power of fractional ownership, any property can be divided into blocks of different sizes that offer investment opportunities from £ 50 to £ 50,000. There will be a monthly return on profit that is directly related to the size of the investment. Our mission is to reduce costs and improve the efficiency of real estate transactions by giving everyone the opportunity to buy, sell and invest in property and gain access to the real estate scale with a trend reversal never seen before. ELAD Network will combine Blockchain, Smart Contracts and Artificial Intelligence technology to create a cryptocurrency and a real estate platform that will give everyone access to the liquidity of Real Estate, the largest asset class in the world.
Shelter is a basic human necessity. The demand for shelter and work feeds the largest asset class in the world and generates huge cash flows from all directions. Copious amounts of this fair income and profits flow into intermediaries and large corporations, causing delays, inefficiencies, excessive costs and barriers to entry. This creates many problems for cross-border applicants, owners, tenants, investors and buyers. Most investments are made through large multinational companies, thus limiting access to the average person or investor.
The total values of the real estate world grew by 5% in 2016. The GDP grew by 2.3% in 2015/2016, which means that the value of world real estate has grown faster than its income. The world now owns real estate for 2.8 times its annual income (GDP). This real estate asset-to-income ratio increased from 2.7 in 2015 and is still growing, which means that not only the scale of the property has grown out of reach of some, but now it generates more money as assets, stock appreciation and annuity , compared to the average salary. In 2016, World Research reported that global real estate values amounted to $ 217 billion. Our research in 2017 shows that the figure has increased. Global asset price inflation has now increased to $ 228 trillion at constant prices – a 5% increase in real terms.
The global real estate sector is a class of assets more valuable than all the shares, shares and securitized debt put together, which together amount to 170 trillion dollars. The value of all the gold ever extracted in history becomes even more insignificant at only 6 trillion dollars. The market value of real estate in the United Kingdom is £ 1.662 billion, or 21% of total net wealth. Buildings contribute £ 94 billion to the UK economy – 5.4% of GDP.
How the ELAD Platform Works?
The investment process is quite simple and begins by investors creating a real-estate profile on the platform. Then, they can review all the listed property and select the one that they wish to invest in and the platform will show all the important details regarding it. Information like existing rental returns, geographical details, property fees, legal documents and more are available.
All the properties listed in the platform for investment are categorized in seven reserve pricing levels and minimum price block can be as low as USD $50 of ELAD coin. Investors can acquire ELAD coin as per their respective investment preferences. Higher the reserve price of the property the fewer are blocks available; therefore, investors have to be quick to secure their shares.
ELAD token is an ERC20 cryptocurrency that is used to perform transactions on the platform. Investors can buy the token from the crowd sale or at cryptocurrency exchanges when the crowd sale is finished.
Ensuring Maximum Control and Security
ELAD being a user-centric platform that allows investors to have full control over their investments through an efficient voting system, which gives them the right to participate in important decisions regarding their invested properties. Moreover, if a property doesn’t reach its target fund, then all deposits are immediately refunded via smart contract. Consecutively, investors can also sell their acquired shares for a fixed price or auction it to the highest bidder, this eliminates the need of fund managers.
Properties are categorized into various pricing blocks; investors can sell their obtained blocks easily through auction. The platform’s auction system is open for anyone who wants to buy property via the secondary market. Block price is decided at the beginning of the auction session and price may rise during the bidding process.
Artifical intelligence
We have decades of experience in robotics and A.i (Artificial intelligence). The ELAD Network platform will be assisted by a digital agent to assist in cryptocurrency and real estate transactions giving relevant information regarding cost, history and ways to transact.
Our digital agent will provide a 24hr communication line, delivering exceptional customer service you can rely on. We strive to ensure transparency and integrity, therefore addressing the issues of poor communication or hidden agendas that some may have experienced with agents or brokers.
In addition to providing excellent customer service, the digital agent cuts costs that in turn create savings for our buyers.
About The ELAD Tokens
The ELAD token complies with the ERC20 standard and will be deployed on the Ethereum network, it can be used as storage of value or a medium of exchange like bitcoin and many other altcoins.
ELAD tokens can be bought with both fiat or cryptocurrencies and can be traded and stored through exchanges like other altcoins.
ELAD tokens will be converted to EQ coins on the ELAD platform for investors to participate in fractional ownership and crowdfunding of real estate. (please see full paper for more details).
ELAD tokens will be inherently backed by tangible assets, establishing ELAD as a secure cryptocurrency for storage of value and a medium of exchange.
We believe the relationship between market appreciation and compound interest will allow ELAD tokens to gain intrinsic value and give support to the new asset class by decentralizing the real estate marketplace.
PRESALE
15% of all ELAD tokens will be available during the Presale with a early adopter bounus. Register to receive Presale dates and ensure early access.
Start date:TBC
Accepted currencies:ETH
Maximum Presale supply: 15,000,000 ELAD
Presale token value*:1 ETH = TBC
Maximum transaction amount:250 ETH
MAIN SALE
The final number of ELAD tokens available will depend on the number of tokens distributed during the Presale.
Start date:TBC
Maximum crowd sale token supply:60,000,000 ELAD
Main sale token value:1 ETH = TBC
Maximum transaction amount:500 ETH
MAIN SALE TOKEN BONUS VALUE
1st 15m ELAD tokens:1 ETH = TBC (50% bonus)
2nd 15m ELAD tokens:1 ETH = TBC (20% bonus)
3rd 15m ELAD tokens:1 ETH = TBC ( 10% bouns)
Remaining ELAD tokens:1ETH = TBC
Accepted currencies: BTC, ETH, LTC
Token Distribution
100,000,000 Elad Tokens will be minted on a fixed supply, the reserve may be stored or burnt after Token sale which may alter the available supply.
A maximum of 15% of the total supply will be used as a long-term incentive, to ensure alignment of the founder’s interests with investors, engage partners into the platform community and grow app loyalty.
10% of Elad tokens may be held in a reserve to provide immediate liquidity if the tokens have high demand once listed on an exchange. Any unused tokens may be burned after 12 months or kept for future growth.
Elad tokens can be bought with both fiat or cryptocurrencies and can be traded and stored through exchanges like other altcoins.
Reserve 10,000,000
Founders 10,000,000
Partners 5,000,000
Total (Hard Cap) 100,000,000
ROAD MAP
MEET THE AMAZING TEAM
Website: https://www.elad.network/
Whitepaper: https://s3.eu-west-2.amazonaws.com/elad-public/ELAD+Network+White+Paper.pdf
Bounty Thread: https://bitcointalk.org/index.php?topic=5149525.0
Facebook: https://www.facebook.com/elad.network/
Twitter: https://twitter.com/elad_network
LinkedIn: https://www.linkedin.com/company/eladnetwork
Medium: https://medium.com/@elad_network
Telegram: https://t.me/elad_ico
Author: Firehs010
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile
Ethereum Address: 0x199705F392b97FaB3594f672BeFc8c3ffCF35162
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