REGO - Powering The Next Generation Blockchain Based Global Real Estate Platform
We live in the time of successful formation and rapid growth
of the block chain – based market. We see governments, banks, and corporations
implementing block chain pilot projects, while independent users and investors
are actively entering the crypto currency market.
Surprisingly, all access points such as mining,
exchanges, and funds remain largely available only to select professionals.
What the Existing equipment and Service systems fail to do is to solve the user
tasks. Having consider and looking at this we
believe that cryptocurrencies and other blockchain based technologies
have the potential to transform the real estate industry. With REGO,
sellers can showcase their properties for free, agents can list property
on the go, and buyers and renters have access to more property than
ever before. lets look at the video presentation below..........https://youtu.be/tCKCGuO5bTI
MEANING OF REGO?
Rego is a real estate platform been developed for the global; digital market and would be powered by the blockchain technology of the next generation. It envisions providing access to real estate properties across the globe and providing opportunities for real estate that are below par market prices or have low replacement value, to be available for offshore investors.
REGO stands for “Real Estate To Go” which alludes to the ease of conducting real estate transactions with blockchain technology based property trading platform and applications. Such technologies will make the buying, selling, management and development of real estate properties more efficient, secure and with lower costs. REGO is a trading platform and software applications for the real estate industry based on state of the art blockchain technology.
REGO TOKEN
REGO token is the cryptocurrency created for users of our property platform as well as the real estate ecosystem and will be available at our Initial Coin Offering (ICO). It is the preferred payment method for acquisition on the platform as it eliminates the time-consuming banking process and unnecessary fees. It is also recorded on the decentralized and distributed ledgers of blockchain and, as such, will be secured and immutable. Furthermore, using tokens as payment, the purchaser could will qualify for up to 20% discount off the cash price. Over time, REGO tokens will be listed on all major cryptocurrency exchanges to provide easy access to the tokens and the trading of them.
REGO tokens can be utilized to purchase properties and access blockchain based technology for property management and the real estate eco-system.
Real estate related expenses such as brokerage, legal fees, builders, renovator, maintenance, service fee, consulting and managing agent can also be managed and maintained within the REGO platform and potentially paid through REGO tokens. This can be done using ERC20 compatible mobile wallets for easy transactions. Overtime, the REGO platform will grow to include single and multi-unit residential investment properties and commercial properties which can be listed by the public and managed on the REGO platform through incentivization with REGO tokens.
FEATURES
It would disrupt the industry and bring changes in the way real estate is purchased, since it would work with smart contracts and transactions would be done by crypto currencies.
Property listings would be verified and checked to ensure that all records is genuine, validated and all transactions that take place would be transparent on this platform.
The platform can be used to list any property of value which can be from anywhere in the world, but there would be a screening method for such property to be listed on the site.
It would be available as a web portal as well as on mobile devices as mobile applications.
Those who wish to transact in such properties can get in touch with registered agents in countries like Australia, Malaysia, United States and others.
It would have an intuitive and user-friendly layout that promises ease of use, whether for searching out the listings or looking at property details, making a booking and so forth.
VISION
To build the most disruptive blockchain technology-based property trading platform and associated applications to revolutionize the real estate industry.
CHALLENGES IN ESTATE MARKET
Lack of top quality
Reliable property listing platforms
Dealing with the time consuming
Error prone and costly processes in acquiring, managing and funding of properties.
HOW DOES IT WORK?
A user when logs into the platform and affirms a property they want to purchase will pay a deposit using the REGO platform. The buyer gives a fourteen-day notice within which the user has to pay the amount. If paid the transaction is completed and recorded in the blockchain if not the property will be forfeited and returned as unsold units to the platform. All the properties acquired and the legal papers associated with them are secured in the REGO property wallet.
BENEFITS
Due to the presence of intermediaries such as banks and financial institutions the cost of transferring capital is usually high. Through the use of blockchain and reward mechanism, the transfers only require a small fee.
The transactions will be immutably recorded on the blockchain with pinpoint details visible to everyone being shared on blocks. Thus, helping to invalidate all fraudulent transactions.
The records being in the public eyes for always can never be changed or mutated.
BMV properties, single and multi-unit residential investment, and moving on to commercial property listings in the US and then to other global markets; it aims to bring the world under one umbrella.
It will also provide a host of property management tools such as rent collection to repair, maintenance and other payment transactions.
It aims to reduce a significant amount of costs and time involved in the transfer of title and all other real estate contracts through smart contract inclusion.
It will provide further property management applications to lessen the nuisance of after purchase formalities.
A user when logs into the platform and affirms a property they want to purchase will pay a deposit using the REGO platform. The buyer gives a fourteen-day notice within which the user has to pay the amount. If paid the transaction is completed and recorded in the blockchain if not the property will be forfeited and returned as unsold units to the platform. All the properties acquired and the legal papers associated with them are secured in the REGO property wallet.
BENEFITS
Due to the presence of intermediaries such as banks and financial institutions the cost of transferring capital is usually high. Through the use of blockchain and reward mechanism, the transfers only require a small fee.
The transactions will be immutably recorded on the blockchain with pinpoint details visible to everyone being shared on blocks. Thus, helping to invalidate all fraudulent transactions.
The records being in the public eyes for always can never be changed or mutated.
BMV properties, single and multi-unit residential investment, and moving on to commercial property listings in the US and then to other global markets; it aims to bring the world under one umbrella.
It will also provide a host of property management tools such as rent collection to repair, maintenance and other payment transactions.
It aims to reduce a significant amount of costs and time involved in the transfer of title and all other real estate contracts through smart contract inclusion.
It will provide further property management applications to lessen the nuisance of after purchase formalities.
REGO TOKEN AND ICO DETAILS
Token symbol: REGO
Token type: ERC-20
Total supply: 55,000,000,000
Current supply: 39,600,000
Hard Cap: 20,000 ETH
Selling Price: 1 ETH = 1,600 REGO
Exchange rate: 1 REGO = 0.000625 ETH = $ 0.53 USD
Token owners will be responsible for the effective use of the funds as a result of any sales stage. In the future, these tokens can be redeemed for cash. The platform and its functions will serve as a launch pad that provides technological superiority and the use of currencies, but the future value of the tokens will be determined by the overall investment in the project.
As stated above, it will be an ERC20 based utility token for transacting business, fulfilling contracts and granting rewards on the platform. It will be the preferred payment method for acquisition on the platform as it eliminates the time-consuming banking process and unnecessary fees. It will be listed on all the major stock exchanges.
The expenses such as brokerage, legal fees, builders, renovator, maintenance, service fee, consulting and managing agent can also be paid through REGO tokens. A total of 55,000,000 REGO will be there, out of which, 72% (39,600,000 REGO) of the tokens will be for sale in the ICO.
The exchange rate is set at 1,600 ETH per REGO. The hard cap is fixed at 20,000 tokens. The sale began on 1st May and will end on 31st July.
TOKEN SALES
Announcement: January 5th
Whitepaper Release: February 15th
Presale Start: May 14th
Crowdsale Start: June 15th
Crowdsale End: July 31st
Token Distribution: August 1st
Trade Exchange: TBD
Total Funds to be Raised (ETH) :: 20,000
Private Placement Amount (ETH) :: 4.000
Crowdsale Amount (ETH) :: 16.000
Accepted Contribution Form :: Ethereum
Total Offers REGO Token (REGO) :: 55.000.000
REGO issued to Presale and Crowdsale participants:
35,000,000 - 39,000,000 (This depends on the level of funds earned during the Bonus days)
BONUS STRUCTURE:
Personal Placement: 4,000 ETH @ 2,300 tokens per ETH. 9.200.000 REGO Token.
Pre ICO: 6,000 ETH @ 1,900 tokens per ETH. 11.400.000 REGO Token.
ICO: 10,000 ETH @ 1600 tokens per ETH. 16.000.000 Token REGO.
REGO / Ethereum Rate:
Rate for Presale
Baseline rate = 11.4 million REGO / Presale Amount (Ethereum)
USD / Ethereum rate will be announced 1 hour before the period starts.
LEVEL FOR CROWDSALE
Baseline Level = 16,000,000 Total REGO / Crowdsale (Ethereum)
USD / Ethereum rate will be announced 1 hour before the period starts.
Important date
May 1 - May 13: Personal Placement
May 14 - June 14: Presale
June 15 - July 31: ICO
ROADMAP
THE TEAM MEMBERS
For more information, please visit:
Website : https://regotoken.io/
Whitepaper : https://regotoken.io/wp-content/uploads/2018/05/15-May-Rego.pdf
Bitcointalk ANN Thread : https://bitcointalk.org/index.php?topic=3375704
Facebook : https://www.facebook.com/Regotoken/
Twitter : https://twitter.com/RegotokenICO
Reddit : https://www.reddit.com/user/Regoico2018/comments/859n7m/rego/
LinkedIn : https://www.linkedin.com/groups/8654897/profile
Telegram : https://t.me/REGOtokenICO
Author: Seunola
MyBitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1925064
ETHEREUM ADDRESS: 0x3eb48CF7E0A5570540641DD8263cA40e307562e9
Token type: ERC-20
Total supply: 55,000,000,000
Current supply: 39,600,000
Hard Cap: 20,000 ETH
Selling Price: 1 ETH = 1,600 REGO
Exchange rate: 1 REGO = 0.000625 ETH = $ 0.53 USD
Token owners will be responsible for the effective use of the funds as a result of any sales stage. In the future, these tokens can be redeemed for cash. The platform and its functions will serve as a launch pad that provides technological superiority and the use of currencies, but the future value of the tokens will be determined by the overall investment in the project.
As stated above, it will be an ERC20 based utility token for transacting business, fulfilling contracts and granting rewards on the platform. It will be the preferred payment method for acquisition on the platform as it eliminates the time-consuming banking process and unnecessary fees. It will be listed on all the major stock exchanges.
The expenses such as brokerage, legal fees, builders, renovator, maintenance, service fee, consulting and managing agent can also be paid through REGO tokens. A total of 55,000,000 REGO will be there, out of which, 72% (39,600,000 REGO) of the tokens will be for sale in the ICO.
The exchange rate is set at 1,600 ETH per REGO. The hard cap is fixed at 20,000 tokens. The sale began on 1st May and will end on 31st July.
TOKEN SALES
Announcement: January 5th
Whitepaper Release: February 15th
Presale Start: May 14th
Crowdsale Start: June 15th
Crowdsale End: July 31st
Token Distribution: August 1st
Trade Exchange: TBD
Total Funds to be Raised (ETH) :: 20,000
Private Placement Amount (ETH) :: 4.000
Crowdsale Amount (ETH) :: 16.000
Accepted Contribution Form :: Ethereum
Total Offers REGO Token (REGO) :: 55.000.000
REGO issued to Presale and Crowdsale participants:
35,000,000 - 39,000,000 (This depends on the level of funds earned during the Bonus days)
BONUS STRUCTURE:
Personal Placement: 4,000 ETH @ 2,300 tokens per ETH. 9.200.000 REGO Token.
Pre ICO: 6,000 ETH @ 1,900 tokens per ETH. 11.400.000 REGO Token.
ICO: 10,000 ETH @ 1600 tokens per ETH. 16.000.000 Token REGO.
REGO / Ethereum Rate:
Rate for Presale
Baseline rate = 11.4 million REGO / Presale Amount (Ethereum)
USD / Ethereum rate will be announced 1 hour before the period starts.
LEVEL FOR CROWDSALE
Baseline Level = 16,000,000 Total REGO / Crowdsale (Ethereum)
USD / Ethereum rate will be announced 1 hour before the period starts.
Important date
May 1 - May 13: Personal Placement
May 14 - June 14: Presale
June 15 - July 31: ICO
ROADMAP
THE TEAM MEMBERS
For more information, please visit:
Website : https://regotoken.io/
Whitepaper : https://regotoken.io/wp-content/uploads/2018/05/15-May-Rego.pdf
Bitcointalk ANN Thread : https://bitcointalk.org/index.php?topic=3375704
Facebook : https://www.facebook.com/Regotoken/
Twitter : https://twitter.com/RegotokenICO
Reddit : https://www.reddit.com/user/Regoico2018/comments/859n7m/rego/
LinkedIn : https://www.linkedin.com/groups/8654897/profile
Telegram : https://t.me/REGOtokenICO
Author: Seunola
MyBitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1925064
ETHEREUM ADDRESS: 0x3eb48CF7E0A5570540641DD8263cA40e307562e9
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