ELES platform development
Be a part of the unique blockchain-based project with underlying real estate!
PUBLIC SALE STARTS IN OCTOBER 2018
Elements Estates is creating a Blockchain-based platform with underlying unique portfolio of real estate deriving from banks’ distressed assets. Our platform will offer the ability to utilize ELES tokens through purchase, rent and other services, all primarily related to newly developed and modern properties in platform ownership and solely payable with ELES tokens.
We are giving you the opportunity to get involved in something that will enable growth of token value from unlocking the hidden value of the distressed assets deriving from non-performing bank portfolios, usually reserved for major players.
Our aim is 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, we 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 our 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.
Elements Estates believes blockchain technology will change the world – the way we live, do business and travel around the world.
By using smart contracts for transactions (buying, renting, etc.), we will improve efficiency in time and lower costs for all participants. With different voting possibilities, selling real estate on tenders, or putting projects on the blockchain we are improving transparency in the world of real estate as we know it.
A small part of the crowd sale funds will go to the development of the platform, while the majority will be distributed to building the real estate portfolio. With the increase of real estate over a period of time, more and more properties will become available for rent and sale. With every transaction, a certain amount of tokens will be locked for a certain period of time and taken out of circulation. This will have a positive effect on the token value.
The platform will serve as interaction hub between the ELES token holders and the Fund, created for purchasing tourism-, commercial- and residential properties in the SEE region. While the Fund will focus on identifying distressed assets, starting within the SEE region, which can be restructured as real estate projects, it will later either sell or rent properties.
All transactions will be done exclusively with the ELES tokens.
The development of the ELES platform and property acquisition will start immediately after the end of crowd sale.
ELES platform development
ELES platform (beta)
Private sale period
ELES platform (beta) live
& development in SEE region
ELES platform completed
& development also in
other EU regions
The development of the ELES platform will take from 6 to 9 months after the Initial Coin Offering (ICO). Decisions on projects, which will be used as an underlying base, will be based on all standard analyses (quantitative, qualitative, static and dynamic with cash-flow projections), checked with our real estate advisors from CBRE, Colliers, or others, and on an algorithm developed by the Elements team that considers the level of risk and the associated rate of return.
2.5 million USD
50 million USD
Fiat (only Private), BTC, ETH and BNB
Public pre-sale date
October 2018, TBA
Public pre-sale price
Public crowd sale date
October 2018, TBA
Public crowd sale price
Price for the first 7 days: 0.45 USD
Price for the next 7 days: 0.50 USD
Price for the last 7 days: 0.55 USD
During public crowd sale, only Bitcoin, Ethereum and Binance will be accepted. In the private sale, fiat money is accepted as well.
USA, China, South Korea, Saudi Arabia, Russia, Philippines and Singapore citizens are not allowed to participate in ICO. Citizens of other countries are welcome to participate.
The easiest way is to get on our whitelist and you will be informed in time.
Distressed assets are underlying assets (in our case, properties) that are used as collateral for non-performing loans, which can be acquired mainly from financial institutions and via different liquidation processes.
On one side, the portfolio of real estate will increase, while on the other side, with every transaction (selling or renting service of real estate), half of the tokens will get locked and taken effectively out of circulation, which will have a positive effect on the token value.
New and modern, from residential (villas, houses, flats) and touristic facilities to commercial properties (business offices).
ELES is an ERC 20 token, which means that it is compatible with all the ERC20 wallets such as Myetherwallet and others.