2021-2-24 19:36 |
Real Estate Tokenization Asset Platform with blockchain technology is about to revolutionize the real estate industry.
Crypto Asset Rating, Inc. has opened new doors for the real estate industry with a platform that will provide vast opportunities for market investors.
They have created a more efficient marketplace for real estate professionals. Agents, brokers, realtors, and property owners will be able to tokenize commercial or residential properties on the RETAP marketplace. It allows investors from across the globe to buy into the US real estate market through legally compliant blockchain-based digital securities.
“RETAP will achieve our vision to redefine real estate ownership and to convert illiquid real estate assets to liquid assets through digital securities,” said Mr. Pramod Attarde, Chief Executive Officer, Crypto Asset Rating, Inc.
Our Real Estate Tokenization Asset Platform
Buying and selling real estate is among the most expensive and complicated. Their outdated use of paper documents makes real estate comparatively illiquid.
Tokenization is the representation of ownership with virtual tokens. These tokens exist on a blockchain adapted to be compliant with securities regulations. Tokenization offers advantages that include liquidity, a global investment pool, reduced costs, standardized smart contracts, transparency, immutability, management simplification, increased security, and so much more.
Property can be purchased or sold from anywhere in the world with RETAP. It gives asset issuers and investors the security and reassurance they need to move forward with the safe investment and ownership of tokenized assets. Global access, asset fractionalization, instant settlement, and peer-to-peer transactions all work together to facilitate the liquidity of real estate assets.
Real Estate professionals have their own RETAP marketplace in which they can tokenize assets for their clients. They can create a Series LLC on the RETAP platform on Ethereum, possessing tokens and a unique address. The Series LLC will own each property with a smart contract. Tokens created by the Series LLC will be legally compliant digital securities under various regulations, such as Reg D, Reg S, or Reg A+. The tokens will be on the Mainnet and offer buyers a share of these estate projects’ rental income.
This blockchain-based organization has the potential to eradicate persistent issues in the commercial real estate sector. With the ever-increasing demand and awareness of the crypto market and decentralization of assets, Crypto Asset Rating, Inc. is changing the dynamics of the Real Estate Market through their RETAP marketplace.
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