The Fever about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is a enormous base of information where we can do anything. Internet has connected the entire world. One of these projects is IAT. Here is an Overview of the project.
Introduce IAT
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 assetsThe 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.
What is IAT?
The IA Tokens concept is a form of real estate tokenization and will be released via a process of Initial Coin Offering or ICO on the Ethereum network and will be ERC- compatible.Funds raised from this ICO will be used to develop the IAT blockchain and assets will be acquired to form the initial bulk of properties in the IAT ecosystem. The asset management will be undertaken by our existing management company that is currently operational.
Token Info
- Platform - Ethereum
- Type - ERC20
- Price in ICO - 1 IAT = 0.01 USD
- Tokens for sale - 2,000,000,000
- Min. investment - 0.1 ETH
- Accepting - BTC, ETH, Fiat
- Distributed in ICO - 44.44 %
- Soft cap - 1,000,000 USD
- Hard cap - 20,000,000 USD
We want to create an ecosystem where token holders freely trade and interact with other token holders and as well as investors who are looking to acquire IA Tokens for their portfolio. As such, the company commits to acquire listing with various exchanges so as to facilitate the trading and liquidity of the tokens.
Liquidity of IA Tokens
We look towards maintaining the high liquidity of the IA tokens by creating various channels of token utility to reduce the supply of the tokens and acquiring quality properties to be digitized into the ecosystem of IAT.
Liquidity of NIAT
We will be reserving a portion of the funds raised to form a liquidity pool for the purchase of NIAT using the IA Tokens.
IAT Token
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.
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.
What problem IAT Solve?
Despite the potential profits of real estate market, buyers find numerous problems and limitations regarding real estate. IAT, to maximize benefits and minimize losses people might incur, aims to solve problems such as:
1.All Round Transactional Costs
The total cost of buying and selling a property in the Philippines is at times inflated to as high as 24% of the property value. We are looking to cut that total costs down by at least half.
2.Integrity and Security
The decentralized nature of the Blockchain technology ensures that records stored on it cannot be changed or controlled by a single source, thus providing security against malicious attacks such as hacking.
3.Transparency of Transfer
Information stored on the blockchain is accessible by all which makes the data transparent and immutable.
4.Time and Cost Saving
Blockchain technology simplifies and accelerates the ownership transfer process.
5.Restrictions to Foreign Investors
Countries have been known to implement regulations to curb a growing real estate market by imposing restrictions on foreign purchases in an attempt to slow or stop the market from ballooning or forming a bubble.
Utilities & Benefits
- The IAT ecosystem encourages the use of NIAT for these benefits.
- Rental Payment
- Partner Merchants
- Purchase of Assets
- Payment for Asset Management Services
- Payment for Furnishing
- Payment for Tax Advisory & Services
- Payment for Legal ServicesPayment for Agents/Brokers Commission
- Listing of Assets for Sale or Rent
- Receiving Rental/Sale Proceeds
- Receiving Commission for Agents/Brokers
Advantages
- Cutting Out Integrated Costs:
The cost of buying and selling property is inflated due to intermediaries such as developers, agents, and brokers.
- The platform hopes to cut this cost by at least half.Improve Integrity And Security:
The decentralized nature of blockchain technology ensures that the records stored on it will not be changed or controlled by any source. This will provide security against malicious attacks of the user’s data.
- Transparency Of Transfer:
The information that is stored on the blockchain will be accessible by all. This will make the data transparent and immutable. The degree of transparency will eliminate any property frauds or ownership disputes.
- Saving Time And Costs:
Currently, property ownership transfers take months due to the different parties involved in the process. There is also need to verify documentation in different stages usually with the need of a lawyer. The use of blockchain technology will effectively address these issues by the use of a uniform source of information for all the parties that will be part of the transactions. Additionally, other emerging platforms that focus on issues such as payments can be integrated in the future. The platform will provide a listing platform minimizing buyers and sellers costs and time spent online looking for the right platforms to sell or buy their properties.Allow Foreign Investors: Countries often put up regulations to impend the growth of the real estate market by imposing restrictions on foreign purchases in an attempt to prevent a bubble. However, the platform can be accessed by buyers and sellers from all over the world and will not have geographical limits.
Team
IAT's team are great men and women with ocean of experience Business consulting, sales and marketing. They have held several organization to success and have made several achievements and awards. Lim Kim Hwee- CEO: He is a business coach with more than 20 years of experience in business consulting, sales and marketing. Trained entrepreneurs, salespeople, professionals, CEOs and business owners from US, Indonesia, Malaysia, Singapore, Taiwan and in the Philippines. Chiew Zi Kai- Co-Founder & Director: He is an entrepreneur with 10 years of experience in the real estate industry and has invested in properties in Singapore, Australia, United Kingdom, Malaysia, and the Philippines. A former corporate banker with Standard Chartered Bank, he found his passion for real estate during his time in the bank and bought his first investment property at the age of 26. From there, he then went on to create a portfolio of 5 properties within the next 2 years by only accessing equity from the existing properties.
ROADMAP
Successful project always has a purpose to reach. These points can be read easily on a roadmap to track every progress will be through on the project, easily shown on the roadmap to track the progress of the project. As you can see following below, the Roadmap of IAT projects looks very clear and informing. The team has planned in detail the big amount of tasks to be done and to be through.
Conclusion
If you are seeking a promising ICO for investment purpose then you can participate in the IAT ICO. The project is very well prepared from the technical and business side, with very extensive and transparent whitepapers and roadmap. I find that the project is very potential and worth investing. I will participate in this project to contribute to the development of the platform, I hope that the project will continue to grow, wish the project a nice success !
More Information About IAT visit on :
Website : https://www.iatokens.com
Whitepaper : https://iatokens.com/docs/IAT%20WHITEPAPER.pdf
Twitter : https://twitter.com/IA_Tokens
Facebook : https://www.facebook.com/IATOfficial/
Telegram : https://t.me/iatokens
Author ( Ar rahman )
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1977525
ETH : 0xFA48F0aE47dA992f690b11aB383136764A1949ad
0 comments