e-States – the new trend in real estate with the help of crowdfunding and tokenization
e-States agreed to take a step to open the commercial real estate investment to the general public by partnering with Idealogic – a software development company that has rich experience in undertaking real estate related projects. Based on the blockchain and developed through the integration of AI, e-States launched an online crowdfunding model for tokenization of real estates. To this end e-States’ main objectives include promoting inclusiveness, security, and clarity in the real estate sector’s engagement.
Initially, the conventional patterns of real estate investment were more aligned towards the institutional and high-net investors because of high entry barriers.
Managing the fundraising, investing and the property management in one single application and maintaining a user friendly interface remained as a major challenge.
Preserving the investments and having real-time information on the state of the assets was another challenge to overcome.
Developing a community feeling among the investors and a link with the area in which they invest was crucial.
Through blockchain we created the possibility for the real estate tokenization, dividing the value of the real estate to a number of tokens and providing thepossibility for fructional investments.
At Idealogic we implemented the use of the latest blockchain and AI technologies to ensure that all the transactions were carried out transparently and the property data was as secure as possible.
Through a series of design workshops it became possible to design one unified system that would facilitate the fundraising and property investment and management effectively.
Thanks to the platform, we demonstrated features that would foster the involvement of the people in investment within their location making the investors and the community more intertwined.
The appearance of e-States could be considered a real turning point in the development of the commercial real estate market. As a result of providing good real estate objects, various investment opportunities, and the possibility to manage these properties in one app, e-States was interesting for different kinds of investors, including those who just start their activity in this sphere. We achieved reduced fees, enhanced the liquidity of the real estate objects proposed, and created a new opportunity to interact with real estate market.
It is worth to mention the cooperation between e-States and Idealogic as the basis for the formation of new generation of commercial real estate investment. Thus, e-States focusing on people of local communities instead of maximizing profits, stimulates innovation in an outdated sphere. In this way, we are facilitating capital, empowering the local communities, encouraging opportunities for employment, and supporting the concept of sustainability.