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
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.
Despite the potential benefits of the real estate market, buyers face many problems and limitations. The IAT platform can help customers improve profits and solve the following problems.
- Reduce transaction costs. For example, in the Philippines, the purchase and sale of real estate can take up to 24% of the total cost. The project plans to cut costs at least twice.
- Integrity and security. A decentralized blocking ensures that all data stored in the database can not be changed or deleted. This eliminates the possibility of hacking by hackers.
- Transparency of transfer. All information stored in the block space is transparent, which means that anyone can see all the information stored here.
- Save time and money. The process of buying and selling housing may take several months due to document confirmation. This blockade simplifies and speeds up this process, as all the information from the parties will be stored here.
- Restrictions on Foreign Investors Countries have been known to implement regulations to curb the growth of the real estate market by imposing restrictions on foreign purchases in an attempt to slow or stop the market from swelling or forming bubbles.
- Take Singapore for example, the price of subsidized government housing has shot through the roof in recent years to a staggering US $ 750,000 which has led the government to apply several rounds of cooling action to curb market growth.
HOW TO WORK IAT?
There are two types of tokens that serve the solutions provided by the company.
- Instant Asset Token (IAT)
The IA Tokens concept is a form of real estate tokenisasi and will be released through the Initial Coin Offering or ICO process on the Ethereum network and will become a compatible ERC-20.Funds obtained from this ICO will be used to develop IAT blocks and assets will be acquired to form most properties in the IAT ecosystem. Asset management will be performed by our management company currently operating.
- Original Instant Asset Token (NIAT)
This will be an IAT local token as it will only be used in the real estate market and pegged to the original currency of the country. To protect investors from the volatility of the cryptocurrency market, NIAT will not be printed on its own but can only be purchased using IAT.
Tenants can pay their rent with NIAT and receive a discount. The Company will also seek to bring various trading partners into the IAT ecosystem so that NIAT can be used for merchandise goods and services.
NIAT can also be used to purchase assets in the IAT ecosystem and token holders may choose to use NIAT to make payments for asset management services or involve tax advisory services, lawyers or legal counsel.
In cases where commissions must be paid to a property agent, the token holder may choose to pay commissions with NIAT. The asset owner may also choose to receive rental or sales results in the form of NIAT after registering the assets on the web portal.
In other words, NIAT will be the currency that drives all transactions that occur in the IAT ecosystem. To provide liquidity, the company will continue to look for various token utility channels to reduce the token supply and will order some of the funds collected to create a liquidity pool for NIAT purchases using IAT.
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.
Information about the token
Platform - Ethereum
Type - ERC20
Price in ICO - 1 IAT = 0,01 USD
Tokens for sale - 2 000 000 000
Minimum investment - 0.1 ETH
Payment - BTC, ETH, Fiat
Distributed in ICO - 44.44%
Soft cap - 1 000 000 US dollars
Hard cap - 20 000 000 US dollars
Business Growth Strategies
Currently we have selected several projects, in which at least 100 asset owners want to sell their properties with total asset value, with an estimated US $ 10 million. This does not include commercial properties that we are looking for as well.
FOR MORE INFORMATION CLEARLY YOU CAN VISIT USER LINKS UNDER THIS:
Website: IAT - Instant Asset Token
Telegram: Contact @ iatoken.com
Facebook: IAT Public Relations
My Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1803026