Introduction:
Real estate investments have become a very lucrative business in recent years. Investing in real estates does not only come with the advantage of beeing an inflation-proof investment, but also comes with the opportunity of great monthly returns in form of dividends. But still today, the traditional real investment models are quite complicated. Investing in real estates based in foreign countries can be quite challenging due to different regulations, laws, tax forms and unknown costs. Therefore REITS (real estate investment trusts) have been emerging to easen up those challenges. Traditional REITS are companies that owns and operates with different kinds of real estate to generate income with it. As a stakeholder, around 90% of the generated income from rents and interests are distributed on a semi-anually or anually basis.
The Global REIT Project:
As the blockchain technology has significantly advanced in the past few years and we see more and more projects taking advantage of this technology, the "Global REIT" project aims to create the first global real estate portfolio based on the blockchain technology. All advantages of the traditional REIT are combined with all the advantages of the blockchain technology such as fast and secure worldwide transactions, transparency, but also privacy. The first acquired asset valued at 75 million USD will be a hotel in Dubai (Mysk by Shaza), located only 20 minutes away from the Dubai International Airport. Global REIT is looking to expand globally as the project is expected to grow in the next few years.
Why you should invest into Global REIT?
As a crypto investor, you are normally looking to invest into a growing business with a stable monthly income. Real estate assets are offering those kinds of investments and thanks to the blockchain technology, investing in those real estates has never been easier. Investors will be able to get monthly dividends instead of waiting half or even a full year for their payouts. Further features of beeing an investors are also that it will be possible to claim free stays in any property in the Global REIT network, if the investor holds at least 5000 shares (tokens, more information following). An additional loyalty program also will reward investors with further services. Imagine, as the Global REIT project expands in the next 5 years and more hotels are acquired globally, you could travel around the world without having to pay (or pay less) for staying at a hotel within the Global REIT network. Hotel costs usually make the greatest part out of the travel cost, when staying for 1 or 2 weeks, especially with a family. Reducing those costs or even beeing able to upgrade to a suite, thanks to the loyality program, could be a great benefit for token holders and investors. Since Global REIT is not only focused on acquiring hotels, but also other real estates like shopping malls or residential buildings, the opportunities and risks for revenue generation can be equally shared through different assets.
The Two-Token-Model And The ICO:
Global REIT is currently doing its ICO in order to collect funds for acquiring the first asset, sales & marketing, administrative expenses and legal costs. What is special about Global REIT is, that the project is running a Two-Token-Model. There are
- Global REIT Fund Manager Tokens (GREM)
- Global REIT Asset Tokens (GRET)
GREM tokens will grant a divident of 2% from the Net Asset Value for the start, which will reduce to 1,25% as the project grows. On the other hand side, GRET tokens will be grant a stable 8%, which are made in the AUM (Assets under Management).
Some information regarding the ICO:
- Public ICO starts from 1st june 2018 and ends on the 30th june 2018
- In total 200.000.000 GREM and 75.000.000 GRET Tokens are issued
- For the sale 79.285.714 GREM and 16.650.000 GRET Tokens are available
- 1 GREM = 0.07$
- 1 GRET = 1$
My Opinion:
The Global REIT project is aiming for a quite big market with a great opportunity to not only earn monthly dividends, but also the possibility to own a part of the real estate, a tangible asset. I really like the idea to have the possibility of staying in any hotel around the hotel within the network for free (or at lower costs) when holding a specific amount of GREM or GRET tokens, while still beeing able to earn money passively. Also I had not idea before on how to invest into real estates, especially in real estates located in foreign countries. With cryptocurrencies getting more and more attention and acceptance, this makes investing into real estates through Global REIT quite easy and comfortable. Also with the real estate business in many countries such as in UAE and China growing, I can see a great potential for the Global REIT market to succeed. I'm personally very excited for this project and I'm already looking forward for my first stay in the hotel in Dubai soon.
Further Information:
Want to know more about the Global REIT project? Take a look at their official website and their whitepaper for more information. Also subscribe to their official communication channels to stay up to date. Any questions, feel free to comment below.
Website: https://globalreit.io/
Whitepaper: https://globalreit.io/front/whitepaper/Global-REIT.pdf
Twitter: https://twitter.com/GlobalReit01
Facebook: https://www.facebook.com/GlobalReit-144007413076936/
Telegram: https://t.me/GlobalReit
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3341986.0
Bitcointalk Bounty: https://bitcointalk.org/index.php?topic=3352552.0
My Bitcointalk Profile (Rano): https://bitcointalk.org/index.php?action=profile;u=1609093
My ETH: 0xFc58f16Ab51A635fdb06b4Db14E59ad994884AD7
This is a very nice way to earn some extra money. I liked it a lot.you have conveyed everything so nicely.
I am following you for your upcoming posts. Kindly visit my profile and upvote my post if you like it, comment and follow will also be helpful.
Hey @aisha987 thanks so much for your feedback and your kind words. Good luck with your investment.
wow this is actually a great way in investing in real estates, I really like the idea and also the concept. I can't wait until we have something similar for diamonds, gold etc.
Thanks for your input @goya58. Yeah it is indeed a great way to invest in real estate, since it is quite complicated for us common people to get involved in it, due to so many different laws. Surely the concept could be implemented into other markets as well. But for now, the real estate is the main focus due to currently existing entry barriers.
i will participate to this ICO soon, thanks for information.
Great to hear. But don't think so long about it, since the tokensale will end on the 30th june 2018. Good luck!
Sounds like a really solid project. The idea and bonuses of staying a night for free in a hotel of your choice in the network sounds really attractive. I'll take a look into their ICO, thanks.
Thanks for your comment @lenahunter, it really is a nice bonus on top of the monthly dividends and really can boost your travel experience.
These tokens make real estate investments easy
@alan369 yeah Global Reit offers this great opportunity. Thanks for your comment!
I really liked your post
Thanks mate.
thank you for the review mate, is their any soft and hard cap and do you think they can reach these?
Thanks for your question. The hardcap is set at 20 million USD, from which around 12,5 million USD is already reached. As the crowdsale has closed 2 days ago, the hardcap wasn't reached but with the 12,5 million raised, the team already can work on their project.
The project sounds super interesting. I don't think there are many real estate projects on the blockchain yet and Global Reit seems to be the first. Could be a great potential to invest if succesfully. I always wanted to invest in real estates, but did not know how, because it was way too complicated. Thanks for sharing this project.
Indeed, as far as I know there is currently no other blockchain project aiming for the real estate industry. Global Reit is the first and they have a great future to come. Thanks for your comment :)
Interesting concept for the investors. Would love to stay at a hotel for free in the Global Reit network. Sounds great for people who loves to travel the world.
Thanks for your comment. Yeah that's a super nice incentive to invest in this project, besides investing in real estates. For me, as I'm travelling quite often, this is a super bonus on top of that.
Interesting way to invest into real estate without any hard entry barriers. Solid project in my opinion!
Thanks for your opinion. Yeah, finally being able to easily invest in real estates is super cool.
Resteemed to over 18900 followers and 100% upvoted. Thank you for using my service!
Send 0.200 Steem or 0.200 Steem Dollars and the URL in the memo to use the bot.
Read here how the bot from Berlin works.
#resteembot #bestofresteembot #winwithresteembot
Feel free to join our partner crypto exchange: https://www.binance.com/?ref=10230705.
@resteem.bot
Well done @bumshak! You successfully guessed the match result.
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard!
Do you like the SteemitBoard Corld Cup Contest?
Vote for @steemitboard as a witness and get one more award!
Well done @bumshak! You successfully guessed the match result.
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard!
Do you like the SteemitBoard Corld Cup Contest?
Vote for @steemitboard as a witness and get one more award!
Thanks a lot for sharing this great ICO. I have invested in it after reading more about it.