About

Bank Net
3 min readJun 20, 2019

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Banknet advanced real estate platform, BKR is blockchain/smart contract based platform was created to be the ultimate genuine and innovative platform to serve and facilitate paperless global real estate transactions for its token holders BKU ,and for the public in general, on its real estate platform, banknet will present and post a variety of tokenism and non tokenism prime global real estate properties for sale and rent.

In addition, a special segment of the platform will be dedicated to distress real estate properties giving opportunity to buyers to assess and bid for global properties offer in auctions mainly by lending institutions,banks and trustees operating as liquidators by court’s orders, the undivided cooperation and synergy between banknet real estate platform BKR and banknet special global real estate fund BKPR creates a unique structure whereby the real estate global fund investing and purchasing prime and distress real estate properties in a deep discount price to the fair market value, offers the properties on the real estate platform at special bargain prices, under this scenario BKU token holders will benefit from both worlds.

Firstly, they will receive a special discount price on the properties offered by the fund, secondly, as undivided part of the transactions on the platform, users will have to pay at least 30% of the purchase price with BKU tokens, due to the size and magnitude of real estate transactions in general, demand for BKU tokens in the open market should be overwhelming , banknet real estate platform will be managed by top real estate experts and money managers, special and unique algorithm has been developed to be used both on the real estate platform and the real estate fund operation, in short, the algorithm can accurately predict (within a small margin of error ) future of real estate trends and prices based on historical and current data taking to consider among other factors demographic, climate, political stability, education, employment and calculation of future return on investments (ROI).

Services

A BKU tokens holder you will have full access to banknet real estate platform and banknet global real estate fund, you will be able to use your BKU tokens to acquire prime and distress global properties with substantial discount to fair market value, upon full technical implementation of the platform ,you will be able to secure payments for hotels reservation, flights, and all other financial real estate and travel related services, we will combine forces with our financial arm to assist you by issuing a special payment card to be supported by ERC-20 technology, we expected that in the very near future, you will be able to use your banknet payment card to make payments in a variety of real estate projects and in the travel industry in general.

Voting

A BKU tokens holder you will have the right to place a vote on related real estate important issues such as : which properties ( out of many under consideration) banknet should acquire or invest into, you will be provided by banknet the most updated and relevant data in order to enable you to make the proper business and real estate decision, you will regularly be provided with a list of properties under consideration and reviewed by banknet to be purchased, we trusted you ( combined with our real estate and financial experts) to deliver the right business decision which you will ultimately benefit from.

Transparency

A regular basis and in course of ordinary business, banknet will properly deliver to BKU token holders valuation reports , available fund in hand, pending transactions, and much more financial data related to banknet real estate platform BKR and banknet global real estate fund BKPR, banknet unconditionally is committed to keeping its token holders appraised and well informed to any related issues of its global off and online real estate operations,

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