IATOKEN

IATOKEN

ICOs have become a popular way to fund any kind of projects on the blockchain. An ICO is an event in which a project sells part of its to be offered digital tokens to early investors in exchange for money today. ICOs provide a way for project creators to raise money for their future operations. The digital tokens don’t necessarily function as cryptocurrencies by allowing investors to pay with it, but can have other or additional key functions, such as representing tokens for using smart contracts in a respective blockchain.

The ICO usually takes place before the project is completed, and helps the project team fund the expenses undertaken until launch. For some of the larger projects, part of the ICO money goes into a foundation that provides ongoing support to the project. They also work as an initial distribution model for the digital tokens, especially those with a PoS consensus algorithm.

Typically, anybody can participate in an ICO by investing some money. The ICO participants are invested in the success of the project.  And they provide early liquidity for the digital tokens when they start trading. As co-owners of the project participants can help spread the word and raise awareness in their respective communities.  They are also usually motivated by a profit potential if the project takes off and the tokens become worth more than the ICO price.

presenting

As I said before, Instant Assets Tokens (IAT) (https://www.iatokens.com/) a real estate tokenization to make the property investment readily available to the masses through the digitization of assets by which the tokens are backed by real-world characteristics.

Goals

The main objective of IAT is to make property investment easily available to the masses through the digitization of assets and expand it to other developing countries with focus first being placed on the Philippines market.

As a secondary goals, IAT aims to make resale and leasing processes more transparency, more integrative and more secure with blockchain smart contracts, and to integrate better utilities for the tokens on the platform which includes paying for furnishing, legal fees and fees for engaging tax auditors as a difference to others competence companies. With this technology, time and costs savings could be improved and finally, it also aims to solve all round transactional costs cutting out inflated costs by at least half.

Benefits

• Tenants are advised to use the NIAT to pay the rent and will be offered a reduction in the rate.
• The company will seek to attract several business partners to the IAT ecosystem to increase the possibilities of use.
• Payment for asset management services Token holders may choose to use the NIAT to pay for our asset management services.
• The payment for the holders of Furniture Records can opt to use the NIAT to make the payment of the purchase of items for the equipment of their property.
• The purchase of NIAT Assets can also be used to buy assets and resides within the IAT ecosystem.
• The holders of Payment Cards for Legal Services may choose to use the NIAT to make the payment for hiring the services of lawyers or legal advisors.
• Payment for Tax Advice and Services Cardholders can choose to use the NIAT to make the payment for hiring the services of tax advisors.
• The holders of property tokens for sale or rent can choose to use the NIAT to pay the sales commissions when they publish the goods in the web portal.
• Asset owners may choose to receive the proceeds of the rental or sale in the form of NIAT.
• In the event that a commission is required to be paid to the agent / broker, the chip holders may choose to pay the commission of their agent / broker with the NIAT.
• The Receiving Commission for Agents / Agents / Brokers can choose to receive their commission in the form of NIAT.

How does IAT work?

There are two kinds of tokens serving the solution that the company provides.
Instant Assets Token (IAT)

This will be released via a process of ICO on the Ethereum network and will be ERC-20 compatible. Funds raised from this ICO will be used to develop the IAT blockchain and assets will be acquired to form the initial bulk of properties in the IAT ecosystem. There is a total supply of 4,500,000,000 tokens and it will be pegged to US$0.01 per token.

Native Instant Assets Token (NIAT)

This will be the localized token equivalent of the IAT as it will only be usable within each individual real estate market and is pegged against the country’s native currency. To protect investors from volatility of the cryptocurrency market, NIAT will not be minted on its own but can only be purchased using IAT.

Tenants can pay their rental with NIAT and receive a discount. The company will also be looking to bring in various merchant partners into the IAT ecosystem so that NIAT can be spent for the merchants’ goods and services.

NIAT can also be used to purchase assets within the IAT ecosystem and token holders can opt to utilize NIAT to make payment for asset management services or engaging the services of tax advisors, lawyers or legal advisors.

In the event where commission is required to be paid to the property agent, token holders can choose to pay the commission with NIAT. Asset owners can also choose to receive rental or sale proceeds in the form of NIAT after listing the assets on the web portal.

In other words, NIAT will be the currency that fuels all the transactions happening on the IAT ecosystem. To provide liquidity, the company will continue to look for various channels of token utility to reduce the supply of the tokens and will reserve a portion of funds raised to create a liquidity pool for the purchase of NIAT using IAT.

roadmap

TEAM

Visit the following for more information.

IAT

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