To make real estate more accessible to investors and bring the advantages of blockchain technology to the industry, Global REIT is holding a crowdsale. With the growth in popularity of cryptocurrencies, Global REIT will issue dividends to token holders based on the profits generated from its assets.
In recent decades, real estate investment trusts (REITs) have become a popular investment due to their steady profits. A REIT is a portfolio of properties managed by a company or organization that issues dividends from renting them, selling them, or providing real estate financing. REITs often issue tradeable stocks representing a right to a percentage of profits generated by them. They give investors exposure to a diversified portfolio of real estate properties without having to manage them.
By issuing tokens representing rights to dividends from the project, Global REIT will attract cryptocurrency investors into this form of real estate investing. As ERC20 tokens on top of the Ethereum blockchain, they can be traded for other cryptocurrencies and fiat currencies at exchanges. Cryptocurrency investors from anywhere in the world will be able to receive dividends from the international properties owned by the project without having to concern themselves with their management. Among the countries where properties will be purchased are U.A.E. and UK.
The two tokens issued by Global REIT are GREM (Global REIT Fund Manager) and GRET (Global REIT Asset Token). GREM represents fund management company returns and GRET represents asset owning company returns. The dividend for GREM will begin at two percent and will then drop to 1.25 percent of the net asset value (NAV), and the dividend for GRET will remain at eight percent of the investment in the assets. During the pre-ICO and ICO, GREM will sell for $0.07 and GRET for $1. In total, 200,000,000 GREM and 75,000,000 GRET will be created.
The pre-ICO will take place throughout the month of May and the ICO will take place throughout the month of June. Cryptocurrency enthusiasts interested in a project with dividend-issuing tokens from real estate properties may want to learn more about this fascinating project while doing their due diligence.
IAGON is a bold new project employing the blockchain to create a decentralized cloud storage platform. In so doing, IAGON will provide better pricing and security than the companies currently dominating this fast-growing market.
Among the leading technological trends is the growth of cloud storage, which businesses have found to be cheaper and more efficient than local storage. Additionally, the growth of data-intensive technologies such as the Internet of Things (IoT) and artificial intelligence (AI) has contributed to the growth of cloud storage. However, the industry is overwhelmingly dominated by a few large players, such as Amazon, Microsoft, and Google. Their concentration within the market has given users less options and thus higher prices, as well as greater security risks for their data. Over the next decade, this market is expected to experience double-digit yearly growth, according to Gartner.
IAGON aims to disrupt this status quo in the industry by using the spare memory and unused processing power of computers connected to the platform to offer decentralized data storage and services that are cheaper and more secure. Users will be rewarded in IAG tokens for sharing space and resources, and will be required to use IAG tokens to store data on the platform. Additionally, IAGON will analyze the data using AI to secure the network and will offer value-added data derived from the data stored in exchange for IAG tokens. Because the IAGON network will be distributed and with no single point of failure, it will offer advantages in security lacking in today’s dominant players. As a utility token central to the platform, IAG has the potential to grow in value as the network becomes more widely used. In total, 1,000,000,000 IAG tokens will be minted.
The IAGON platform will be compatible with the Ethereum blockchain, and its token will be ERC20 compliant and run on top of it. The Ethereum blockchain is enjoying widespread use as the first major blockchain employing smart contracts, with many developers dedicated to improving it and making it scale. In the future, IAGON plans to integrate its platform with the IOTA Tangle network, which uses a directed acyclic graph (DAG) rather than a blockchain, with plans to integrate with other blockchains as well.
The presale for IAGON began on April 2, 2018 and ended April 30, 2018. The main crowdsale begins on May 15, 2018 and will last up to two months. Those who missed the presale and are interested in a cloud storage company employing the blockchain and AI to disrupt this fast-growing industry will thus get another chance to buy IAG tokens.
As cryptocurrencies are increasingly being embraced by the mainstream, services to provide liquidity and user-friendliness will need to arise to fill the needs of this financial asset class. As a platform using secure face-to-face (F2F) transactions, Konios has positioned itself to play a leading role in filling these and other gaps in the nascent cryptocurrency industry.
Essentially, Konios will provide a secure app that has several key functions for cryptocurrency traders and investors. Users will be able to send and receive cryptocurrencies, exchange cryptocurrencies, trade cryptocurrencies for goods and services, check their transaction history, set security preferences, and send requests to other users to trade cryptocurrency for cash. By enabling users to obtain cash for cryptocurrencies, Konios will make them more practical for ordinary people to own, knowing that they can be converted to fiat currencies when desired.
Once users agree to a F2F meeting using the app, the cryptocurrency amount in the agreement is automatically locked into a smart contract. Upon meeting, the users will scan a QR code to verify their presence. The users will both verify when the buyer has handed cash to the seller, and the seller will inspect the cash to count it and make sure it is authentic, with tips available within the app to determine its authenticity. Once the seller has accepted the cash, both users will verify that it was accepted, and the smart contract will release the held funds to the buyer. For transactions that involve significant amounts of money, users can request an authorized validator to oversee the transaction for a small fee. After the transaction is completed, users will be asked to rate the transaction, thereby providing valuable feedback to the Konios community on the trustworthiness of other users.
The currency underlying all transactions on the platform is KON, an ERC20 token based on the Ethereum blockchain. Users will be rewarded in KON for participating in the platform and holding KON tokens. Businesses that allow F2F transactions to take place securely on their premises will also be rewarded in KON. The supply of KON will be no greater than 5,000,000,000.
The company is based in Switzerland and complies with the strict laws of that country. Moreover, the headquarters are in the city of Zug, an active hub of cryptocurrency innovation attracting the best talent in the world. The company has a lawyer who ensures that the platform is in compliance with financial laws.
The Konios ICO is taking place from May 1, 2018 to June 30, 2018. During this time, participants can purchase KON for $0.01 each. The minimum investment allowed during the ICO is $10. The Konios ICO is rated a respectable 4.3 out of 5 on ICOBench.
