Elements Estates Launches MVP Ahead of Token Sales
A million words can be said about a project, but when it comes down to it, the proof will always be in the pudding. Doesn’t matter how seasoned or carefully measured your words are, if it can’t be tasted, there’s no point to any further discussion. At Elements Estates, we are not just developing yet another project, we are building the future of real estate on the revolutionary blockchain technology and after months of development, we’re proud to showcase our beta platform.
Our platform is the gateway to a unique, blockchain-based real estate portfolio. While most offerings have been focused on general real estate with no definitive criteria for selection, other than taking real estate deals to the blockchain, Elements Estates is deriving its investment opportunities from banks’ distressed assets — specifically those in the South East Europe (SEE) region. With hundreds of millions of Non-Performing Loans (NLP) tied down to real estates, banks in the SEE are all too eager to get these properties off their hands at up to 80% lower than their real market value. A high number of these properties are located in some of the region’s most vibrant development area and tourism hotspots. Our platform provides the general public with the ability to tap into an exciting real estate opportunity vehicle that has erstwhile been the privilege of only big players. Using ELES tokens, investors can purchase, rent and vote on real estate properties across the SEE region.
The beta release of our platform showcases the various features and tools that ELES token holders can utilize for selecting, monitoring, and transacting on the platform. To start trying out the features, visit: https://prototype.elementsestates.io/
The Homepage is a global map of the SEE region with map markers highlighting the location of real estates in the Elements Estates portfolio. In the near future, this will be an interactive map showing all the real estate properties. The ‘current’ market value of ELES token is displayed at the bottom alongside its daily market volume on exchanges, the number of tokens in circulation responsible for that volume, and the value of tokens locked in the Fund pool (note: these numbers don’t represent the current rates and value, these numbers currently function as an example until the final platform will be live. Users can also quickly acquire ELES tokens through third-party merchant service integrated on the platform by clicking “Exchange Tokens”.
The Portfolio menu provides access to the heart of investment opportunities available for acquisition, development, and rent. It also present users with an overview of the types of real estate invested into, based on three classification types — commercial, residential, and touristic — their developmental and availability status.
The Purchase menu is the marketplace for accessing properties available for purchase. A preview of the location, features, price in ELES tokens and finalization dates of the property can be accessed on the first page with more detailed information and documentation made available by clicking on the property.
You probably already rented some place by yourself. Do you remember how many ads have you first checked, then called the owners of shortlisted apartments, visited a few of them and finally rented the single one? And how much time you spend with all of this? On the Elements Estates platform, the rent section will simplify this this process considerable and the selection from a wide range of properties will make sure you will find your picture-perfect apartment.
When involved in real estate development you certainly want to follow the phases and progress of the property. The ELES platform will provide this overview in a user-friendly manner. Explore the properties by clicking on them and discover the exact information important for you!
The Pipeline section is the gateway for choosing, voting, and funding the projects Elements Estates acquires. ELES token holders can readily access information and reports on prospective real estate assets acquisitions compiled by the platform’s seasoned market analysts, including: market potential, estimated yield, acquisition & development cost, asset classification and finalization cost.
As the platform develops, Elements Estates plans to integrate features, functionalities and several services. These include timeshares for villas and apartments, reservations and security deposits for properties and partnering with travel agencies for exclusive ELES token holders. Token holders will also be provided with an ERC20-compatible payment card for smooth exchange of value as well IBAN.
Every user on the platform will be able to monitor all the stages of development, acquisition, maintenance, renting and purchases through the blockchain. The platform will also provide regular valuations, reports and other documents related to RE fund, projects and Liquidity pool management for complete transparency.
