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Smartlands to Tokenise Nottingham Real Estate through STO

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Smartlands to Tokenise Nottingham Real Estate through STO

Inaugural STO

After months of platform development, Smartlands is ready to build off of past successes. This young company has just announced the launch of their inaugural security token offering.

Taking place through their Stellar based platform, Smartlands will facilitate the tokenization of shares representing fractionalized ownership of a 124 unit real estate development, purpose built as student housing.

Smartlands to Tokenise Nottingham Real Estate through STO

While Smartlands is facilitating this security token offering, the event is a product of Shojin Property Partners – A real estate development and investment firm.  Shojin Property Partners completed construction of this complex in 2018, and soon after began filling it with residents.

Now, with the help of Smartlands, Shojin hopes to offer investors a new type of opportunity through the use of security tokens.

Details of the Deal

This deal is providing investors with exposure to revenue, garnered from 32 Russell Street, Nottingham, United Kingdom. With Nottingham playing home to multiple universities, it is expected that these units will be in high demand.

While figures may vary, it is forecasted that investo Smartlands to Tokenise Nottingham Real Estate through STO rs in this project will receive the following benefits.

– Average dividend yield of approximately 5.74% per annum

– Return of 15.72% per annum including capital growth

 

For those interested in this opportunity, participation is open to retail investors, with a minimum 500 GBP investment.

Commentary

In their announcement, Ilya Obraztsov, VP of Technology at Smartlands, took the time to comment. The following is what he had to say.

“At Smartlands we’re rethinking traditional finance models by building a global ecosystem that democratizes access to alternative investments and opens opportunities to higher-yield projects. By connecting blockchain and the real economy, we create new opportunities for retail investors to participate in institutional-grade deals with a much lower buy-in threshold. And we have our first STO to show for our efforts…The student complex in Nottingham is the first tokenized property in the UK, to be followed with new offerings of blockchain-based securities backed by assets in real estate and other markets.”

Smartlands

Smartlands is a U.K company, headquartered in London. The company was launched in 2017, and has since strived to develop solutions geared towards crowdfunding. This has led to the adoption of blockchain technology, and now security tokens.

Company operations are overseen by CEO, Arnoldas Nauseda.

Shojin Property Partners

Shojin Property Partners are a London based company, which was founded in 2009. Above all, they create investment opportunities through the development of various real estate projects, such as the one described here today.

Shojin Property Partners was acquired by Smartlands in early 2019

In Other News

We have detailed Smartlands multiple times over the past few months. Whether discussing acquisitions, or developmental choices, Smartlands has come a long way in this time. The following are a couple of articles discussing these events.

Smartlands Releases Stellar Powered Wallet Supporting Security Tokens

Smartlands Acquisition Opens New Doors for Crowdfunding

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Joshua Stoner is a multi-faceted working professional. He has a great interest in the revolutionary 'blockchain' technology. In addition to this, he is a licenced Paramedic in Nova Scotia, Canada. As such, he can provide emergency care/medicine to any situation necessitating it.

Real Estate

RealT Announces Partnership with Uniswap Exchange

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Detroit RealT Tokenizes Real Estate on Ethereum

The real estate market continues to lead the way in blockchain adoption. This week, the US-based fractional ownership real estate platform, RealT announced a strategic partnership with the crypto exchange Uniswap. The news represents a further expansion of blockchain technology in the United States’ real estate sector. Also, it provides unprecedented levels of liquidity in the market.

RealT

RealT is a fully compliant web-based platform that provides global investors with the ability to purchase fractional ownership of US properties. Token holders receive property ownership interests in the form of tokens called RealTokens. Currently, the firm offers properties in Detroit, Michigan with plans to expand nationally in the coming weeks.

RealTokens

RealTokens operate within the Ethereum blockchain as security tokens. These tokens include all compliance and regulatory commitments directly into its programming. ERC-20 compatible security tokens are by far the most widely used in the cryptospace. As such, these tokens have some benefits.

Importantly, as an ERC-20 compatible token, RealTokens enjoy an unprecedented level of interoperability. This added interoperability allows the tokens to enjoy some unique capabilities. These capabilities include the ability to utilize a wide variety of wallet options.

As a RealToken holder, investors gain a host of rights and benefits. These benefits include a share in the property’s rental profits. Additionally, investors gain the opportunity to vote on property decisions such as maintenance, leasing, and liquidation. In the event the property is sold, token holders receive a share in the sale proceeds equal to their percentage of ownership rights in the property.

Uniswap

Importantly, RealTokens allow for trading on the Uniswap exchange. Basically, this popular exchange provides for a seamless trade of any digital asset on the Ethereum blockchain. Importantly, Uniswap retains all of the token’s compliance protocols throughout the life cycle of the token. This ensures that each RealToken follows the current SEC guidelines.

Uniswap Exchange via Homepage

Uniswap Exchange via Homepage

According to company documentation, RealT and Uniswap became the first firms to offer a digital asset representing traditional securities launched on an open finance exchange with this maneuver.  This event occurred on Monday, November 4, 2019, when RealT’s flagship property, 9943 Marlowe Street in Detroit, Michigan officially went live on the exchange. Now, investors can instantly buy or sell Marlowe RealTokens using ETH.

RealT Seamless

Speaking on the decision, the Founders of RealT, the Jacobson Brothers, Remy, and Jean-Marc discussed the importance of the milestone. They noted how the tokenization created a seamless interface and unmatched efficiency in the sector.

Real Estate Goes Blockchain

This latest news is just another example of how blockchain technology revolutionizes the real estate sector. Now, investors can gain fractional ownership of real estate as easy as exchanging Ethereum. Every day more firms turn to tokenization as a valuable strategy to improve liquidity in the market.

RealT and the Future

You can expect to see these types of frictionless transactions continue to expand across the real estate market as blockchain technology continues to proliferate globally. RealT appears to have a game-winning strategy in place for the digitization of the economy.

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Tokenized Real Estate on Ignis Blockchain

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Max CrowdFund on Ignis Blockchain

This week, Max Property Group B.V. made crypto history after the issuance of the first security tokens on the Ignis blockchain. As part of the arrangement, Max Property Group tokenized a part of its real estate holdings onto the Ignis platform as a controlled asset. The news showcases the further expansion of tokenized real estate in the EU market and increased development on Ardor’s commercial blockchain ecosystem.

This tokenized real estate became MPGS security tokens, also known as Asset I.D. 7646766282089936451. MPGS token holders gain rights such as profit-sharing in the property’s rental income. In fact, token holders gain most of the rights afforded to company shareholders with the exception of voting rights. Additionally, each share in the property falls under the monitoring and control of STAK, a Dutch Foundation.

Ignis

Ignis is the public blockchain of the Ardor platform. This 4th generation blockchain features a robust design created specifically for Dapp development. Some of the most advanced features provided by Ignis include messaging, voting, and asset exchange protocols. Additionally, the blockchain can function as a data cloud.

Ignis Blockchain via Homepage

Ignis Blockchain via Homepage

Importantly, Ignis utilizes a Proof-of-Stake (PoS) consensus mechanism. PoS consensus is far more efficient than Proof-of-Work systems because they don’t require nodes to compete over computationally heavy algorithms. While PoS systems aren’t perfect, many see this form of consensus as the natural evolution of cryptos. Notably, Ethereum plans to shift to a PoS consensus mechanism in the coming months.

Ardor

Ardor developed Ignis with the goal to create a developer-friendly blockchain platform that could easily be built atop of. The platform is packed with tools to build blockchain applications that are cost-effective, secure, and scalable. Notably, Ardor is a BaaS platform developed by Jelurida.

Max Property Group,

For its part, the Max Property Group provided the real estate. This firm specializes in crowdfunding and the fractional ownership of real estate. Currently, the Dutch company possesses millions of Euros in assets under management in the Netherlands, the United Kingdom, and Germany.

Notably, the Max Property Group entered the market in 2016. The firm specializes in property sales, management, and rental activities. On top of these offerings, the company operates a popular property investment and blockchain academy.

Max Crowdfund

Max Crowdfund is a subsidiary of the Max Property Group. This company is the crowdfunding wing of the Max Property Group. Importantly, the platform is compliant with EU securities standards. Max Crowdfund brings together developers, investors, and regulators.

Speaking on the tokenization decision, Max Property Group’s Managing Director, Mark Lloyd took a moment to discuss the changing real estate landscape. He noted the care his firm takes to stay up-to-date with the latest technological advancements. He also discussed the overall trend to digitize the sector.

Max Crowdfund and Ignis

Max Property is at the forefront of EU real estate tokenization. The firm continues to demonstrate its pioneering strategies in the space. This latest strategic partnership gives the company access to a host of valuable EU real estate to tokenize. It also showcases Ignis’s true capabilities. You can expect to hear more about Max Property, Ardor, and its Ignis blockchain in the coming weeks.

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MBK Announces Real Estate Tokenization Project

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MBK Announces Real Estate Tokenization - Estonia

Blockchain continues to disrupt the EU real estate market. Just this week, the Tokyo-based investment bank, MBK announced plans to tokenize the sale of a property in Estonia. The news follows the greater trend of traditional financial institutions entering the blockchain space via a tokenized real estate STO.

According to company documentation, MBK created a strategic partnership with the Singapore-based real estate firm BitofProperty (BOP). BOP’s unique approach to the market made the firm well-known in the region. BOP specializes in fractional ownership of EU real estate.

The firm breaks down acquired property rights into smaller shares that are then offered to investors. Investors receive dividends equal to the number of shares they hold in a particular property. This strategy allows investors to diversify their holdings.

For its part, BOP will handle the acquisition of the properties. Then, the firm will fractionalize ownership rights and tokenize the shares. The company will work alongside MBK to ensure the tokenized shares are compliant with the current EU regulations.

Angoo Fintech

Once the tokenization of the property is complete, MBK will offer the new financial instruments on its subsidiary – Angoo FinTech. Angoo Fintech is an Estonian company acquired by MBK a few months prior as part of the firm’s EU repositioning strategy.

MBK Tokyo via Homepage

MBK Tokyo via Homepage

MBK Strategic Partners

Notably, MBK signed a deal with the Hong Kong Stock Exchange-listed firm, BS Securities to further develop the company’s Asian market positioning. MBK is already a business powerhouse in Japan and China, but company executives hope to utilize this new tokenization strategy to catapult the firm into the forefront of the EU market.

The Growth of MBK

MBK is a Tokyo Stock Exchange-listed merchant bank. In 1974, MBK entered service under the name West Japan Spinning & Weaving Co., Ltd. Since that time, the organization has grown to become a premier banking institution in Asia.

Estonia Crypto

Estonia continues to show the world its pro-crypto aspirations. Back in 2018, the country was among the first jurisdictions in the European Union to legalize crypto-related activities. The Estonian Financial Intelligence Unit (FIU), the regulator issuing crypto-related licenses, approved almost 900 firms since that time.

Estonia received praise for its easy-to-navigate registration process. Some blockchain-based firms reported that they received their licensing in only one or two weeks. The only catch is that the licensed would revoke if the company did not start operations within six months of receiving approval.

Two Estonian Crypto Licenses

Estonia broke down their licenses into two main categories. The first was for firms which operated digital asset exchanges. Of these companies, 500 received licensing. Additionally, 400 wallet providers received approval to date.

Unfortunately, the Ministry of Finance introduced changes to the licensing process on May 3, 2019. The changes extended processing times from 30 to 90 days. Additionally, it established the requirement for all companies to operate a branch in Estonia. Additionally, the registered office address and the board of directors now need to be located in Estonia. Lastly, the state fee for the emission of the license increased from €345 ($386) to €3,330 ($3,729).

MBK – A Tokenization Strategy to Win

As it stands today, MBK has a strong position in the Asian market. The firm will soon extend that reach into the EU markets through this latest maneuver. You can expect to see more tokenization projects emerge from this innovative firm in the coming months.

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