HomeToken, a blockchain based real estate investment company, has recently announced the launch of its crowdsale that will start from October 1, 2017. HomeToken is an Asian blockchain powered investment fund related to real estate market, offering its WAVES protocol based HOME tokens in the upcoming ICO.
The company has raised more than $3 million as funds in its pre-ICO campaign, from Southeast Asian investors. Global investors can participate in the upcoming ICO, invest in rising real estate market in Asia, and create a closed-ended fund to obtain and develop two kinds of residential properties; small apartments from sizes 250 to 1200 square feet located close to city center, and private nursing homes.
The Real Estate Market
Real estate investment is one of the most profitable, safest and lucrative investment tools that offer high capital appreciation, potential rental proceedings and a great risk hedging against rising inflation rate. Asia’s emerging markets have high potential to perform better than the markets in Europe and North America; however, the rising price of real estate is necessitating the homeowners and investors to go for alternative solutions.
Andrew Yap, the founder of HomeToken states that since last few years, real estate developers have heavily invested in Southeast Asia. Though prices are cheaper here than rest of the world, the properties must be strategically located and very easy to rent out. Moreover, the company also wants to establish more private nursing homes for addressing Asia’s aging crisis.
How Can HomeToken Help?
HomeToken intends to get high income generating investment properties. After tokenizing these properties, the company will simplify the real estate investments, democratizing it with the help of blockchain technology to offer a platform where investors profit from income-generating properties without any cost or risk. The platform will break the barrier to entry such as mortgages, insurance, and legal fees, enabling instant purchasing and transfer of properties and assuring liquidity of funds. The company will re-buy the HOME tokens from the investors at market rates as per its buyback program, as a measure to avoid inflation challenges.
The ICO
The ICO has 100,000,000 tokens, out of which 65 percent will be offered for crowdsale, while 20 percent kept for future partnership, 5 percent for marketing and 10 percent for management and development team.
To know more about HomeToken platform and participate in its upcoming ICO, please visit https://hometoken.io/