ELEMENTS ESTATES

in #ico6 years ago

Elements Estates is creating a Blockchain based platform that is supported by a unique real estate portfolio built up by buying and restructuring abandoned and neglected buildings. Owners of the ELES tokens have the opportunity to invest in this property, which is normally exclusively reserved for large investors.

Project Elements Estates will cover innovative ideas on asset and asset management through decentralized bookkeeping books based on block technology. The team claims they will build an online platform that will introduce the real estate market initially derived from emergency funds at affordable prices. Until recently, these offers in the SEE region were available primarily to institutional and large private investors due to their size and complexity of purchases.

CHANGING THE REAL ESTATE WORLD

The team aims to offer everyone the opportunity to benefit from distressed and undervalued real estate asset opportunities linked to the Blockchain. To be able to do so and enable above-average liquidity of the token, they have designed the entire process in a way that the ELES token will be the only means of payment for all services and properties in the portfolio, and that the token supply will decrease with every transaction.

The ELES platform will combine the safety and stability of the real estate sector, the high-profit potential of distressed real estate deals and the transparency of the Blockchain. This will support substantial growth of the token value.

SELLING TO THE GENERAL PUBLIC

Anyone wishing to purchase a property which is held by the Fund will be able to purchase them through ELES platform. If the buyer is a non-holder of ELES tokens, he will be able to pay in fiat currency (additional exchange fee will be charged) and ELES platform will be obligated to exchange received payment to ELES tokens in shortest time possible.

Features will be drawn base on the following considerations

Selling token: Users who want to buy property in their hands and Selling token Users who want to buy goods in the hands of the fund must do so in ELES cards.

Selling to the public Everyone who wants to buy real estate in the Fund can buy it through the ELES platform. If the buyer does not have ELES keys, he can pay in heavy currency (an additional replacement fee is charged) and the ELES platform will have to change as soon as possible to ELES chips.

Ticket Dealers: The subscribers who subscribe to the platform can rent real estate (tourist, business and residential) owned and managed by the Fund at affordable prices from the public. Payment is only made in ELES labels.

Rent for the public: Everyone who wants to rent property owned by the Fund must do so on ELES token.

In the second stage of the platform development they promised to will include:

Quick conversion of ELES tokens through a payment services provider.

A payment card that will support ELES.

A dedicated loan facility (loan pools) for ELES token holders to support the acquisition of real estate owned by the Fund.

Real estate services connected with smart contracts for properties that will not be in platform ownership and can be applicable in other European countries.

Any other potential solutions/services.

ADVANTAGES ENVISAGED

Renting tourist properties(starting in the SEE countries).

Purchasing or renting of commercial and residential properties.

Interaction, updates and information about Fund properties.

Quick conversion of the ELES tokens via payment services provider.(2nd stage)

A dedicated loan facility service of the ELES token.(2nd stage)

A payment card supporting ELES.(2nd stage)

Real estate services with smart contracts for external properties.(2nd stage)

Other solutions and services.(2nd stage)

ROADMAP

March 2018
ELES platform development project
May 2018
ELES platfor (beta) develo
May-August 2018
Private sale period
Augus 2018
ELES platfor (beta) live
September 2018
Pre-ICO
Septe 2018
ICO
October 2018
Private corporate fund
Octob 2018
Proper acquis & develo in SEE region
May 2019
ELES platform completed
2020
Proper acquis & develo also in other EU region

TEAM

Peter Gorinšek
Chairman & Founder
Peter has 15 years of experience in the financial industry having been involved in asset management and advisory in many investment management companies in former Yugoslavia. He is also a member of several supervisory boards in the region and serves as advisor to the Board of Qwest investments plc. Peter received his bachelor’s degree in Economics at Ljubljana University. He is also the holder of Japan’s International Cooperation Agency certificate for increasing business competitiveness. Peter is Principal in Elements Capital Partners Ltd., a member of the Supervisory Board of Neta Capital Croatia, ZIF Bosin and ZIF BLB Invest, a member of the Board of Directors of Proinvestments A.D and a Director in Profi-nance a.d.

Žiga Silič
CEO & Co-founder
Ziga has more than 10 years of experience in the financial and real estate industry. For more than 7 years he has been working for the esteemed SEE financial institution Raiffeisen Group and has also served as Managing Director of a leasing company that placed more than 200 M of assets in real estate. There, he gained invaluable experience in running, restructuring and managing a company, working with distressed assets and restructuring different types of real estate. Through his knowledge and professionalism, he contributed to the successful completion and restructuring of several real estate projects. He is a supporter of a decentralised and sharing economy.

Grega Mulej
Development Manager
Grega has over 15 years of experience as manager and advisor in the real estate development industry in SEE region and Middle East. He worked also as bank consultant for optimization and evaluation of real estate projects for one of the leading Austrian banks with a strong presence in the SEE region. Currently Grega is managing director of real estate asset worth over EUR 100 million and a board advisor at Alpen Opportunity Property Fund. Grega holds a Bachelor’s degree in Economics.

Matej Grum
Chief marketing officer
Working in the field of marketing for the past fifteen years, Matej has focused primarily on strategic business development and operations for the last ten. A graduate of the Faculty of Economis at Ljubljana University, he applies branding and positioning strategies to assure project success. He started out in an advertising agency, where he worked for various clients. Then he moved on to the Akrapovič company as one of key the marketing persons. Since 2010, he is a CEO of a business and marketing consulting company Magnituda. He is a cofounder of one of the first mobile marketing agencies in Slovenia and a member of Mensa Slovenia who enjoys speculative fiction.

Tilen Travnik
Head of development
Tilen is a biotech engineer by profession and business design expert by trade. As an entrepreneur and mentor, he has helped more than 100 organizations succeed in their efforts to generate and capture value from their users. A strong proponent of the Lean customer development approach, he uses his analytic skills to hone in on users problems and propose profitable solutions to them. He will always ask the difficult questions and point out less than optimal solutions.

CONCLUSION

This platform is in business to redefine the face of real estate business by reviving moribund properties and give them a market value. This will avail middle income earners the opportunity to aspire owning estates. With the experience the team has, the success is in the high chances.

Read More On

https://elementsestates.io/

https://elementsestates.io/ElementsEstates-whitepaper.pdf

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