RET. Real Estate Token. retokens.com

Transcription

1 RET Real Estate Token retokens.com

2 Introduction... 3 Problems solved by platform RET The decision... 5 Tokens of the platform "RET"... 5 The platform RET Investment Rent area Tenants Real estate owners Loan... 9 The interaction between investor and tenant The interaction the owner and the tenant Tasks solved by smart contracts Purchase Auction Rent Redemption The distribution of income Loan Capitalization of market The economics of the project Competitors Development of the company Issue tokens Platform "RET" CLIFF and VESTING ROADMAP Team Terms and Conditions

3 Introduction The Platform RET (Real Estate Token) is created to solve the housing problem of a huge number of people. Since currently in the traditional rental market (as residential, as commercial) real estate tenants are a priori the losing side at real estate transactions. Tenants pay only for the right to use real estate within a limited time without receiving anything more in return. To change this situation, the RET will provide a tool for collective funding, which can be used by a large number of people. Funds collected for ITO will be used to buy a real estate, which will then be rented, in order to income generation (rental payments) and its subsequent distribution between investors and tenants. Tenants, as participants of the RET, will receive part of the distribution of income. That will allow them to purchase real estate in the future. Bringing together investors and tenants, the RET satisfies the interests of all its participants. Providing investors with crypto token RET liquid income-generating asset, renters receive an unprecedented opportunity to convert a part of the funds from each rental payment to RET tokens. For which they can purchase real estate or use RET tokens for other purposes. The task of the RET team is to create the most decentralized and self-regulated organization with a minimum number of intermediaries. Inside the platform RET, all interaction processes will be defined by the participants themselves. 3

4 Problems solved by platform RET. A problem of the tenant. At the moment around people do not have their own accommodation to stay. Those who are not able to buy residential space or buy housing in the mortgage are forced to rent a real estate. They spend 30-60% of their income on payment of rent payments. And all these funds are irretrievably lost. Commercial real estate tenants also faced the loss of money that is spent on rental payments. The Owner s problem. Offering your property for rent on the traditional scheme, the owner receives not a motivated tenant. As a result, there may be periods when the property is vacant, and the landlord loses the ability to earn income from the letting of dwellings for rent. The same problem is the possible damage to the property owner's estate and reluctance to compensate the damage to the tenant. The Investor s problem. Having invested a large sum in real estate, in order to obtain income in the form of rental payments, the investor may lose profit in the absence of client s wishing to rent a property. Investors with insufficient funds for the purchase of real estate are not able to participate in purchasing low risk asset providing a stable income. Almost all existing at the moment crypto currency is not provided. And holders of such (unsecured) currencies are not insured against possible depreciation when the crypto currency loses 50% or more of its value in a short period of time. 4

5 The decision The RET unites the interests of tenants, investors and property owners. by purchasing RET tokens, investors, receive a stable asset that provides income from rental payments. If desired, investors can purchase real estate presented on the platform, using tokens RET as a means of payment. property owners, by placing their property on the platform, get rental income. Also owners can sell their property for tokens RET, receiving a liquid asset that generates income from rental payments. tenants became able to rent a property in any city, country and for each rental payment, they receive RET tokens, which they can use to purchase real estate. Or sell to other users of the RET or stored on an electronic wallet and receive rental income because all tokens RET are secured by real estate, and income from renting out real estate is distributed among all the owner s tokens RET. With the increase in the capitalization of the RET platform and the growth of liquidity of the RET token, it can be used to pay for goods and services. Tokens of the platform "RET" Tokens HAT HAT Tokens (Hachiko token) are required to activate any of the smart contracts on the "RET" platform. A minimum number of HAT (1 HAT) tokens is sufficient to work with some smart contracts. In other smart contracts (lease auction, voting for the purchase of real estate) the number of HAT tokens used to pay for transactions depends on the placement of the ad in the search bar. The more a user pays for a transaction with HAT tokens, the higher the ad in the search bar. 5

6 HAT is a unique and first-of-its-kind crypto token Like any crypto token HAT can be transferred from one e-wallet to another. But as soon as the token HAT is used for the payment of any smart contract platform "RET", it is translated into e-wallet first owner (the one who purchased HAT at Seed-ITO stages). The release of HAT tokens will occur on Seed-ITO stages. In the future, HAT tokens will not be released. The uniqueness of the tokens HAT displays the total ideology and mission of the platform "RET". Each participant is an important and meaningful part of self-developing and self-organizing ecosystem, the evolution of which is determined by the degree of interest of all people using the "RET" to serve their interests. Participants in the Seed-ITO stage, acquiring tokens HAT forever become their Owner. They can transfer their tokens for other people, but once the hat tokens are used to pay for smart contracts on the RET platform, in the same time HAT sent to Owner s e- wallet. 6

7 RET Tokens RET tokens are required to display the number of investments in real estate that will be placed on the RET platform. The income received from the rental of real estate will be distributed evenly between the entire volumes of tokens. The release of RET tokens will occur at the ITO stage: Without discount; Without bounty companies; Without the allocation among the project team. All funds collected during the ITO will be used solely for the purchase of commercial and residential real estate. Further, the release of new RET tokens will occur during the registration of a smart contract for the purchase of real estate, with funds collected from rental payments and subsequent ITO. 7

8 The platform RET The RET platform allows the interested parties to interact with each other by providing their services to tenants, investors and property owners. Each participant chooses under what conditions he cooperates with other users of the RET platform. This may be investing for the purpose of obtaining income or rent with the accumulation of tokens RET and then using them to purchase real estate. Either providing your property for rent on a service with a regulation of relationships through smart contracts: 1. Investment in real estate for income from rental payments will be of interest to conservative investors with large free cash. Also, due to low entry threshold (min 1 RET) real estate investing will interest a lot of people (excluding citizens of the United States and Singapore). RET tokens display the right to receive income from lease payments (implemented by a smart distribution contract); 2. Rent area. The interaction between the tenant and the lessor is effected through a smart contract that accepts the rental payment and transfers them to a smart distribution contract. Part of the funds is transferred to the lessor / investor, and another part of the funds is transferred to a smart contract for the purchase of a new real estate object. During the acquisition of the property, new RET tokens are issued, some of them are transferred to the tenant's e-wallet Tenants get an unprecedented opportunity to use the rental payments for the acquisition of real estate in the property. Any real estate presented on the RET and owned by investors, can be purchased by the lessee for tokens RET. You can rent: any real estate (residential/commercial property); during arbitrary term; in any country where the real estate, presented at the "RET", is located 8

9 2.2 Real estate owners choose one way to interact with participants on the platform RET : To rent their property using the smart contract that would ensure the acceptance of rental payments and distribution adopted amounts between the owner of real estate and tenant; Sell their real estate through a smart contract that will produce and send new RET tokens to the e-wallet of the real estate owner. The sum of the RET tokens issued is calculated based on the RET token in the national currency of the country where the real estate is located. The real estate assessment will be conducted by independent audit companies, with results to familiarize participants with the "RET" platform. 3. Loan. If necessary, users of the RET platform can make a loan on their RET tokens. A smart loan contract unites those who provide loans (in the form of fiat and crypto currencies) and those who are provided with a loan secured by RET tokens. A smart loan contract provides: registration and placement on the platform of "RET" application for a loan; reception and transfer of funds from the lender to the borrower; deposit of RET tokens of the borrower until the loan is fully repaid establishes the terms and periodicity of payments on the pledge with full payment of the deposit, returns the RET tokens to the borrower's wallet; if payment conditions are violated, transfers a deposit to the lender's wallet The interaction between investor and tenant. The RET platform provides the interaction service between investors and tenants. It enables investors to earn income from lease payments from owned real property rented in the environment. 9

10 At the same time, tenants are gaining the tokens RET from each rental payment, using which you can redeem the property provided on the platform RET. Lease payment includes two components: 1. one part is distributed among investors, according to the number of tokens in their e-wallets. This amount investors can get in tokens RET/$/BTC/ETH. 2. The second part is for a purchase of RET tokens from investors by the lessee. If none of the investors unwilling to sell their tokens RET, the amount is reserved in a smart property purchase contract. After the acquisition of a new property, the RET tokens are issued and distribute to the e-wallets of tenants and investors, whose funds the new property was purchased. 10

11 The interaction the owner and the tenant. On the RET platform property owners can rent out their property, receiving monthly payments. Either owners can sell their property and receive payment in tokens RET. 11

12 The owners, who sold their property, continue to receive income from lease payments. They receive a liquid asset that can be sold in whole or in part. Owners of tokens can send their income (lease payments) to a smart contract of real estate purchase and receive RET tokens on their electronic wallet, after the acquisition of a new real estate object. Tasks solved by smart contracts All transactions of the platform's relations between the participants are regulated by smart contracts. To activate the work of a smart contract required the tokens HAT: 1. Purchase. Proposal to buy a new facility and offer participants in the RET platform to vote for or against. Any owner of tokens HAT can place real property on the RET platform; 2. Auction. Defines the right to rent the chosen real property. The person who will offer the big sum will be able to rent the real property. 12

13 3. Rent. Placement of your property for rent on the RET platform. Increasing the cost of the transaction, expressed in tokens HAT, the user thereby raises his advertisement higher in the list of rental offers; 4. Redemption. Acquisition of real estate presented on the platform for tokens RET; 5. The distribution of income. All lease payments are received in a smart distribution contract that sends a portion of the funds to investors and landlords, and the remaining amount is transferred to a smart purchase contract for real estate. At the time of the acquisition of a new real estate object, RET tokens (equivalent to the value of real estate) are produced and sent to the tenant's electronic purses (as they acquired a new real estate object). 13

14 6. Loan. Granting of a loan in fiat or crypto currencies against the security of tokens RET. 14

15 Capitalization of market The overall capitalization of the potential market consists of the following: 1. The total cost of the property is estimated at $228 trillion. For residential real estate accounted for $168.5 trillion. Commercial real estate valued at $59.5 trillion. 2. Mortgage market. The potential for additional growth in the capitalization of the RET platform is the mortgage market. Because the "RET" is an alternative to traditional mortgages. Global mortgage portfolios exceed $25 trillion. 3. At the moment the p2p lending market in the world is about $ 100 billion, and according to various forecasts, it will reach $ billion as early as The prospect of growth of capitalization of real estate fund, which is owned by investors and rented on a platform of "RET", limited only by the offer to sell commercial and residential real estate. The demand for real estate leases presented on the "RET" platform will provide a large number of tenants with residential accommodation. In various countries, the percentage of rented real estate is between 8% and 55% of the total population of a country. and amounts to about 1.2 billion man. 15

16 The economics of the project. The revenue of the RET platform will be covered by a 1% commission from the lease payments and from each transaction in which the RET token participates (Platform "RET" and outside its limits). At the ITO, in the second quarter of the 2018 year, all funds collected during the release of the crypto tokens RET will be used to purchase real estate. The ITO is scheduled to collect $100 million. With an average cost of one property for a residence of $ 100,000, the number of rented houses (apartments) on the platform, after the ITO, will be leased out to 1,000 real estate objects. Lease payment (on average) would be about $500. Income platform "RET" gained at the expense of the Commission with the lease payments will be $ per year. The distribution from rent income between investors and tenants varies depending on the capitalization of the "RET" platform. Capitalization $ Distribution of income (One rental payment - $500) Investors Tenants RET * $490 (98%) $5 (1%) $5 (1 %) * $475 (95%) $20 (4%) $5 (1 %) * $450 (90%) $45 (9%) $5 (1 %) * $350 (70%) $145 (29%) $5 (1 %) * $250 (50%) $245 (49%) $5 (1 %) * $150 (30%) $345 (69%) $5 (1 %) * $0 (0%) $495 (99%) $5 (1 %) *These amounts are adjusted in the working version of the "RET" platform. 16

17 The main income platform "RET" will be implemented with a commission from each transaction of RET tokens. With a monthly turnover of 100 million tokens, RET commission will be 1 million RET. That is equivalent to $ per month, at a cost of 1 RET of $1. If a transaction from one user to another uses one or more smart contracts, in this case for passing tokens RET commission takes once. Transactions between smart contacts pass without commissions (RET) and for its payment only require tokens HAT. Also, the company's profits will be realized through partnerships with companies that are engaged in commercial and residential real estate services: HOA; Cleaning companies; Real estate agencies; Consulting agencies; Audit firms; Control of the company. 17

18 Competitors Indirect competitors of the RET platform can be (in a limited range) various real estate funds, some schemes for renting real estate with the subsequent repurchase, banks offering mortgage loans. Living in r. e./ investment An initial fee Limitation on one object Confirmation of solvency Living in real estate Providing income Mortgage +/ REIT Leasing +/ Rent-to-buy +/- + +/- + - RET The competitive advantage of the "RET" platform is that it takes into account the interests of all its participants: providing a large number of investors with the help of smart contracts to participate in collective financing for the acquisition of real estate with subsequent leasing; Owners of real estate receive for motivated tenants, which will reduce or completely exclude periods of time when real estate is empty; Tenants will be able to purchase RET tokens from each rental payment, which they can use to purchase real estate. Unlike competitors, the "RET" platform is a self-regulating platform in which its participants themselves determine the conditions for interaction between each other. What real estate will be acquired? Users of the platform "RET" choose their own property, which they will purchase for further rental. Each participant can offer a property for review. For this it is necessary to compile a description of the real estate: country, city, district, street; 18

19 photo appearance of buildings and Interior; cost object in tokens RET and in the national currency of the country where the real estate is located; investment income in the amount of monthly rent payments and annual income designated as a percentage of the value of the property. Development of the company The command target platform "RET" is to create self-evolutionary ecosystems with minimal interference from the outside. The first priority for the team is developing and testing a smart platform contracts "RET". To test the smart contracts and their correct implementation. Cooperation with the law firm to deal with the issues of a legal nature. In addition to the main purpose of the platform RET - the provision of services for the interaction of investors, homeowners and tenants, it is planned to develop a service providing the possibility of providing a loan secured by RET tokens. This service will be implemented with the help of a smart contract, which will exclude the intermediaries and guarantee fulfillment of the conditions laid down in it. It is possible to integrate a loan smart contract with third-party companies providing p2p lending services. It is also planned to partner with companies that will serve real estate, located on the site "RET". Issue tokens Platform "RET" The release will take place in 3 stages: 1. During the pre-ito, the HCT tokens - HachikoCouponToken are released. The sale of HCT will be at a price of 0,0005 Eth. During Seed-ITO, you can exchange HCT for HAT in a 1:1 ratio. The purchase price, therefore, of the HAT on the Seed-ITO for you will be 0,0005 Eth (for those who buy HAT for the ETH/BTC the cost will vary from 0,0015 Eth to 0,002 Eth. 19

20 We do not recommend the transfer/sale of HCT, because HCT (unlike HAT) does not tie to the wallet of the person who bought HCT during the pre-ito, then by transferring/selling HCT you will not be able to get it back to your wallet. Only HAT returns to the wallet (the one who purchased HAT during Seed-ITO or exchanged HCT for HAT) after it is used on the "RET" platform. 2. During the Seed-ITO period, HAT tokens are issued. 3. Release of RET tokens is planned in the second quarter of Pre-ITO October 2017 Soft Cap Eth. Hard Cap Eth. 1 HСT = 0,0005 Eth. Buyers: HСT Bonus: HСT Total: HСT Funds raised during the pre-ito will be used for marketing and preparation for Seed-ITO stage. Seed-ITO January 2018 Cap Eth. Soft Cap Eth. Hard Cap Eth. 1 HAT = 0,0015 Eth - 0,002 Eth. Buyers: HAT Team: HAT Total: HAT Funds raised during the Seed-ITO will be used to develop the platform "RET", conducting a marketing company and prepare for the ITO round. ITO 2 quarter The ITO will be issued tokens RET. All funds collected at the ITO will go for the purchase of real estate. 20

21 CLIFF and VESTING Cliff for the team is appointed in one year. The team will be able to get their first part of the tokens one year after the release of HAT tokens during pre-ito. Each member of the RET platform team who has left the management level of the project before the end of the cliff term - loses the right to receive his share of tokens. At the end of a period of one year, the team receives only 25% of the released tokens. Vesting is designed for 4 years. For the first year, vesting for each team member is 25% of the HAT tokens issued for the team. Then, after one year, the tokens are charged every month in the amount of 2% of the HAT tokens issued for the team. In the last month of each annual period, team members receive 3% of HAT tokens. The team will first receive its HAT tokens in January 2019, in the amount of 2,500,000 HAT. Then each month the team will receive 200,000 (300,000 at the end of each year of the 3-year cycle) HAT tokens. ROADMAP 1) October 2017: issue tokens HCT on pre-ito. 2) November December 2017: architecture development platform "RET"; placement of HCT tokens on the exchange; marketing and preparation for Seed-ITO "RET". 3) January 2018: issue tokens HAT; placement of HAT tokens on the exchange; architecture development platform "RET". 21

22 4) 1 quarter - 2 quarter of 2018: testing platform "RET"; development of documentation of a legal nature; launch of the market rent in test mode; real estate market analysis, search looking objects; preparing to run the Platform "RET"; marketing and preparation for the ITO "RET". 5) 2 quarter of 2018; the release of RET tokens; placement of HCT tokens on the exchange. 6) 2-3 quarter of 2018: the launch of the platform "RET"; first acquisition of real estate objects. Team Zubov Yuriy, CEO. The ideological inspirer. Businessman. Experience in social spheres, participation in election campaigns. Establishment and administration of the trade union. Supporter of the introduction of emotional intelligence in the structure of intra-corporate relationships between employees. Yuriy uses innovations blockchain to address the social problems of mankind. Developed the platform "RET", the first part of the ecosystem, which will become an alternative to the programs being developed for the implementation of unconditional basic income. 22

23 Ibragimov Albert, CTO. Smart-contract developer and blockchain enthusiast. Platform support, information security. More than 10 years of Software Development experience: Norilsk Nickel, Kaspersky Lab, Workle, Asteros. Maloshtan Julia, CMO. Julia has extensive experience promoting projects. She is charge of desiging and structiring the marceting components of "RET" platform. Expert in marketing and consumer relationships. Kuchin Dmitriy, PM IPMA. Project manager IPMA with more than 10 years of experience in the IT industry in the implementation of ERP systems, innovations in the field of innovation RnD, quality systems ISO 20000, the construction of DevOps processes. The vector of interests is directed towards distributed application technologies (DApps) and platforms, open APIs, Block-based solutions using Smart contracts. 23

24 Filatov Boris, Investment Director. 15 years of experience in project management (real estate, consulting). Search, selection and implementation of investment projects in real estate. Experience in marketing support for real estate projects (from concept development to advertising campaigns). Work in the largest managers (Management Company AFC Sistema ) of development (IPG Eurasia) and consulting (Blackwood) companies. Prudnikova Anastasia, back-end developer. An specialist in web development with 5 years of experience. Arutyunov Kirill, front-end specialist. He has been engaged in web development for 9 years, 2 of them - runs his own web studio. 24

25 Terms and Conditions This document is for informational purposes only and should not be considered as an offer to sell shares or securities using the RET platform or any other affiliated company. No guarantee of income or profit. All the examples of income and profits calculation used in this document are given for demonstrative purposes only or for showing industry averages and do not constitute a guarantee that these results will be obtained according to the marketing plan. Blockchain-related technologies are subject to supervision and control by different regulatory bodies around the world. RET tokens may fall under one or more inquiries or actions on their part, including but not limited to imposing restrictions on the use or possession of digital tokens such as RET tokens, which may slow or limit the functionality of the system or the process of purchasing RET tokens in the future. Funds collected during the pre-ito/seed-ito/ito procedure are not insured. In the event of loss or loss of value, there is no private or public insurance representative whom the buyer could address. It is possible that for various reasons, including but not limited to the failure of business arrangements or marketing strategies, that the RET platform and all subsequent marketing activities related to the funds collected during the pre-ito/seed-ito/ito procedure may be unsuccessful. Crypto tokens, such as HCT/HAT/RET, are a fairly new and relatively untested technology. In addition to the risks mentioned in this document, there are additional risks that the RET team cannot predict. These risks may emerge in other forms rather than those indicated here. This Agreement constitutes the entire agreement of the parties with respect to the subject matter hereof. All previous agreements, discussions, presentations, warranties, and 25

26 conditions are combined in this document. There are no warranties, conditions or agreements, express or implied, between the parties, except as expressly provided in this Agreement. This Agreement may be amended only by a written document duly executed by the parties. Disclaimer of Warranties You agree that your use or inability to use RET tokens is solely at your own risk and you remove all responsibility from the RET. Since the date of issue, RET tokens will be sent to you without warranty of any kind, either express or implied, including all implied warranties of commercial value for a particular purpose without violating anyone s intellectual property rights. As some jurisdictions do not allow the exclusion of implied warranties, the above exclusion of implied warranties may not apply to you. 26