Introduce
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
What is an IAT?
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.
Problems
In the case of facing the potential benefits of the real estate market, buyers face many problems and limitations. IAT blockchain, to maximize benefits and minimize losses that people might incur, aims to solve the following through the application of blockchain technology:
- 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.
- 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.
- Transparency of Transfer Information stored on the blockchain is accessible by all which makes the data transparent and immutable.
- Time and Cost Saving Blockchain technology simplifies and accelerates the ownership transfer process.
- 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
IAT Beta
IAT will develop its own web portal to cater to individual owners, agents / brokers, clients and all the IA Token holders. The portal will feature various functionalities and wide range of services, to break the real estate traditional channels.
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.
Token Info
- Platform – Ethereum
- Type – ERC20
- Prices at ICO – 1 IAT = 0.01 USD
- Tokens sold – 2,000,000,000
- Min. investment – 0.1 ETH
- Receive – BTC, ETH, Fiat
- Distributed in ICO – 44.44%
- Soft stamp – 1,000,000 USD
- Hard cap – 20,000,000 USD
The Companies
>>>DigiAssets Pte Ltd is a Singapore registered entity and will be the company wholly in charge of the management of Instant Assets Tokens (IAT).
>>>Realty Beacon Philippines Inc. (RBPI) is a property management company registered in the Philippines and will be managing properties pegged to the IAT efforts discussed in this whitepaper. In the last five years, founders of the company have transacted over one 1 billion pesos worth of properties which essentially lead to the setting up of RBPI.
>>>Compliance
A non-profit organization named Public Company Limited by Guarantee in Singapore will be set up. The main task of the organization is to support the development team and will be the ICO fundraising entity.
The Platform Operator will be the operating company for the development of the Platform and the on-boarding of its users, such as the participants, agents/brokers, and various partner companies. The Platform Operator could also focus on the IAT ecosystem development.
ROADMAD
THE TEAM
Corporate and Contact Information : E-mail: info@iatokens.com Website: https://www.iatokens.com
Whitepaper: http://iatokens.com/docs/IAT%20WHITEPAPER.pdf
Telegram: https://t.me/iatokens
Twitter: https://twitter.com/IA_Tokens
Facebook: https://www.facebook.com/IATOfficial/
ANN: https://bitcointalk.org/index.php?topic=4028883
Author : Gifar_Gofur
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2219401
gifargofur298 