With the growth of the real estate market in the Philippines, there has been a significant increase in the number of license brokers and agents operating in the market. Coupled with an increasing trend of property management companies being setup as well as brokerage firms that are set up by foreign companies, IAT will be launching a marketing plan specifically targeted at the onboarding of these individuals and companies.
Airdrops will be arranged to encourage the onboarding process and we are confident that adoption rate will start to pick up even more with the Philippines being generally supportive of the cryptocurrency market.
Till date, there are 6 exchanges registered with the Bangko Sentral Ng Pilipinas (BSP) and the largest bank in the Philippines, UnionBank has also recently launched its own cryptocurrency and is the first financial institution to do so.
The airdrops will also be extended to homeowners and developers which is in line with the plan of having an internal caveat system and the collection of big data related to the real estate industry.
Lastly, with the widespread of the Overseas Filipino Workers (OFWs), we believe that the influence of IAT can be achieved even beyond the Philippines. All major developers have also established offices in various countries where there are OFWs and this will also enable us to further reach out to various markets.