Equitybase Real Estate platform is a new Ethereum Smart Contract based ecosystem that applies Blockchain technologies to the global Real Estate investment industry. By lowering barriers to entry and increasing market liquidity with transparent pricing, it will giving greater access to global investment and fractional trading in Real Estate industry. Equitybase will offer an effective and direct model of investing and securing the value of the existing 500+ Billion USD equivalent in cryptocurrency, to the less volatile and growing real estate market, by generating rental income, value appreciation and hedging. Utilized in investment or trading by purchasing equity base tokens in equivalent value without incurring fees on their platform. Participants worldwide will be able to utilize their platform to invest and diversify their portfolio, along with the liquidity of a public market but generate the returns of a private market.
Blockchain and Smart Contract Overview
A blockchain is a digitized, decentralized, public or private ledger of all cryptocurrency transactions. Constantly growing as ‘completed’ blocks (the most recent transactions) are recorded and added to it in chronological order; it allows market participants to keep track of digital currency transactions without central recordkeeping. Each node (a computer connected to the network) gets a copy of the blockchain, which is downloaded automatically. A block is the ‘current’ part of a blockchain, which records some or all of the recent transactions. Once completed, a block goes into the blockchain as a permanent database. Each time a block gets completed, a new one is generated.
The Hybrid Market Platform
Within Equitybase’s hybrid market platform, users will be able to invest for economic rights of a property, represented by each Real Estate Offering (REO) within equitybase’s Equity Invest platform which and will be backed by physical real estate asset. Investors will also be able to trade, liquidate their Real Estate holdings on their Equity Exchange platform. They are combining the liquidity of public market along with higher rate of return of private market solution utilizing smart contract blockchain technologies. As a result, they are inventing a whole new way to invest. BASE token holders around the world will be able to participant in their hybrid market platform using cryptocurrency without fees while generating profits, paid in varies of crypto or fiat currencies.
BASE Tokens will be tradable outside Equitybase’s platform, as they are an ERC20 Token so they will have an inherent value in the exchanges. Users will also be able to utilize BASE Tokens as a zero fees incentive for investing in real estate offering (REO) at their platform along with ERC20 standard interface that guarantees the interoperability between tokens. Public ICO of BASE Token will begin on 02/28/2018 and end on 05/22/2018 with initial discount of 30%, discount rate will be lower in increments of 5% weekly over the duration of the ICO sale. They expect BASE Tokens acquired during the ICO process will be substantially discounted against trading values on public exchanges.