BlockBuild and the real estate investment token BBT
THE ESSENCE OF THE PROJECT:
BBT TOKEN is a currency that allows our system to completely covers the cycle of investment in real-estates for commercial or residential use, also known as “mixed-use.” BBT TOKEN will invite to any investor to finance a construction project from its early stages by employing crowdfunding, and property’s digitalization.
The users will be able to participate in their preferred construction projects from investing a single token up to any amount they want. Also, the investors will get rewarded for each project they have funded. In this way, with BBT TOKEN, the construction companies can find more quickly, easily, and timely their investors.
We have created a decentralized environment application with Ethereum technology; with that, we have developt smart contracts to accomplish our commitment with our investors.
The environment developers have divided this into two subsystems:
1. BBT FOUND: It’s where the investors will be participating.
2. BBT SERVICES that gives solution to:
2.1. Selects the best real estate property to invest in funding a project.
2.2. Exchanges for the token’s sales among shareholders.
It will provide the necessary infrastructure for a fast
We are committed to offers opportunities for any person who wants to invest in real estate at any stage of its construction; besides, our investment services can reach any people in the world who have an internet connection. Our goal is to provide the fastest, transparent, and secure investment process for real estate.
A common problem in the modern real estate market is the lack of accessibility to gather the initial capitalization for financing a project. Also, through extensive analysis, we have found that there is a high capital leak due to inadequate monitoring procedures, and this is because there is an outdated financing model, obsolete monitoring procedures, as the high cost it has on a construction project. This kind of issue makes this industry inaccessible to almost anyone.
BlockBuild and its BBT TOKEN will remove any global requirement that prevents people from participating in any real estate project’s investment. Our platform has an efficient investment system, allowing any person to invest even small quantities; by funding any project with any amount of capital, our members will become an investor on say construction. Transactions made to invest in a real estate will be stored and secured onto our BBT TOKEN that has Smart Contract technology. In other words, Block Build is a combined platform between legality, finances, tech assistant all through the Blockchain technology. Also, this platform provides the opportunity for BBT token investors to be monitoring the constructions they have invested online.
One of the main reasons for the low productivity in the construction industry is the old and obsolete monitoring model, which people carried out manually. It often leads to an increase in the cost of construction, and the calendar of commissions is affected too.
Our platform allows us to solve these issues through automation and to monitor each process. For example, the profile of the construction, which phase it is, environmental standard status, among other features.
Therefore, with the help of the smart contracts, the platform allows the investment process in mixed-use/real-estates to be understandable, transparent, and predictable for the average user in every corner of the world. Our decentralized system based on Blockchain technology allows us to improve the control of any construction site to process and reduce the costs. We are confident that the platform will make people’s opinions change about the Blockchain tech in the real-estate sector.
The function of Blockchain in our platform ecosystem is to enhance the security of every transaction, investment, and project. Blockchain is a network where people share the information simultaneously in an accounting book, in which every modification has to be verified and confirmed to the system to apply it. With this mechanism, we assure to every investor and construction companies the legitimacy and transparency we offer. Also, with this technology, every person involved in any project has the tools and the accessibility to be monitoring each phase of the construction and how the construction companies manage everyone’s investment.
There is so much more to dig about this project that BlockBuild is developing. In future articles, we’re going to elaborate in an extended matter how BBT TOKENS and BlockBuild ecosystem will provide a new experience on real estate investment, opening the gates to every person, no question from where or who this is can be part of this profitable business.}