ELocations ICO and Token Sale Review
ELocations is a real estate based platform which will be powered by the decentralized blockchain. The project wants to be an integral element of retail property transactions around the globe and facilitate them on the decentralized network to the benefit of all stakeholders in the transactions. This would ultimately boost market efficiency and make for a more transparent and accessible retail property sector.
Project Outline and Objectives
The current property market, particularly when it comes to commercial deals is a highly fragmented place. Local brokers and investors have access to market intelligence which is not shared throughout the entire market. This creates an unequal balance for many potential investors. Elocations have noticed this issue and want to use the power of the blockchain to address the situation.
Through creating an extensive database backed by the integrity of the blockchain, the company is creating a hub to attract investors who would otherwise not have garnered access to certain market intelligence. With this point established, the platform wants to bring these investors on board to eventually transact through the platform for a number of required services and collecting information such as land registry titles.
The ultimate goal of the platform is to connect the localized sectors of the industry to work together using the ELocations platform as a focal point and also transacting using the platforms native token.
The team behind the project also intend that up to 11% of annual revenues will be directed back into the local communities where the service becomes established.
- Start Date2018-11-15
- End Date2018-12-30
- Payment MethodBTCETHFiat
- Total Supply1000000000
- SectorReal Estate
Rates & Bonuses
- Pre-Sale : €1.380m sold of total €6m with 30% bonus