IAT - Instant Assets Tokens
Introduce IAT
IAT plans to take a leading role in all facets of real estate locally and hopefully globally to make this a reality, starting with disrupting the rental and property market and tokenizing large real estate assets
The IA Tokens concept aims to revolutionize the real estate industry using Blockchain technology through the development of the IAT Platform. Funds raised from this ICO will be used to develop the IAT blockchain and the asset management will be undertaken by our existing management company that is currently operational. The Platform will cater to the Philippines market first and we look to expand into other developing markets in Asia.
Problems
Despite the potential profits of the real estate market, buyers face numerous problems and limitations. IAT, to maximize benefits and minimize losses people might incur, aims to solve the following through the adoption of the blockchain technology:
1. All Round Transactional Costs
The total cost of buying and selling a property in the Philippines is at times inflated to as high as 24% of the property value. We are looking to cut that total costs down by at least half.
The total cost of buying and selling a property in the Philippines is at times inflated to as high as 24% of the property value. We are looking to cut that total costs down by at least half.
2. Integrity and Security
The decentralized nature of the Blockchain technology ensures that records stored on it cannot be changed or controlled by a single source, thus providing security against malicious attacks such as hacking.
The decentralized nature of the Blockchain technology ensures that records stored on it cannot be changed or controlled by a single source, thus providing security against malicious attacks such as hacking.
3. Transparency of Transfer
Information stored on the blockchain is accessible by all which makes the data transparent and immutable.
Information stored on the blockchain is accessible by all which makes the data transparent and immutable.
4. Time and Cost Saving
Blockchain technology simplifies and accelerates the ownership transfer process.
Blockchain technology simplifies and accelerates the ownership transfer process.
5. Restrictions to Foreign Investors
Countries have been known to implement regulations to curb a growing real estate market by imposing restrictions on foreign purchases in an attempt to slow or stop the market from ballooning or forming a bubble.
Countries have been known to implement regulations to curb a growing real estate market by imposing restrictions on foreign purchases in an attempt to slow or stop the market from ballooning or forming a bubble.
Utilities & Benefits
The IAT ecosystem encourages the use of NIAT for these benefits.
- Rental Payment
- Partner Merchants
- Purchase of Assets
- Payment for Asset Management Services
- Payment for Furnishing
- Payment for Tax Advisory & Services
- Payment for Legal ServicesPayment for Agents/Brokers Commission
- Listing of Assets for Sale or Rent
- Receiving Rental/Sale Proceeds
- Receiving Commission for Agents/Brokers
How does IAT work?
There are two kinds of tokens serving the solution that the company provides.
- Instant Assets Token (IAT)
This will be released via a process of ICO on the Ethereum network and will be ERC-20 compatible. Funds raised from this ICO will be used to develop the IAT blockchain and assets will be acquired to form the initial bulk of properties in the IAT ecosystem. There is a total supply of 4,500,000,000 tokens and it will be pegged to US$0.01 per token.
- Native Instant Assets Token (NIAT)
This will be the localized token equivalent of the IAT as it will only be usable within each individual real estate market and is pegged against the country’s native currency. To protect investors from volatility of the cryptocurrency market, NIAT will not be minted on its own but can only be purchased using IAT.
Tenants can pay their rental with NIAT and receive a discount. The company will also be looking to bring in various merchant partners into the IAT ecosystem so that NIAT can be spent for the merchants’ goods and services.
NIAT can also be used to purchase assets within the IAT ecosystem and token holders can opt to utilize NIAT to make payment for asset management services or engaging the services of tax advisors, lawyers or legal advisors.
In the event where commission is required to be paid to the property agent, token holders can choose to pay the commission with NIAT. Asset owners can also choose to receive rental or sale proceeds in the form of NIAT after listing the assets on the web portal.
In other words, NIAT will be the currency that fuels all the transactions happening on the IAT ecosystem. To provide liquidity, the company will continue to look for various channels of token utility to reduce the supply of the tokens and will reserve a portion of funds raised to create a liquidity pool for the purchase of NIAT using IAT.
IAT Token
IAT will be issued via a Token sale with a total supply of 4,500,000,000 IA Tokens. The price of the IA Tokens will be pegged to US$0.01 per token, ETH and BTC will be accepted. Value of tokens for sale will be US$20 million (inclusive of Early Investors, Pre-sale and Crowd-sale) with distribution according to the table below. Unsold IA Tokens (cap at 40,000,000 IA Tokens) will be given to charity organizations and remaining IA Tokens will be burned. Pre-Sale will commence in early April with the crowd sale subsequently commencing in 15 June 2018.
Token Info
Platform - Ethereum
Type - ERC20
Price in ICO - 1 IAT = 0.01 USD
Tokens for sale - 2,000,000,000
Min. investment - 0.1 ETH
Accepting - BTC, ETH, Fiat
Distributed in ICO - 44.44 %
Soft cap - 1,000,000 USD
Hard cap - 20,000,000 USD
Roadmap
Team
Curious about IAT watch here:
For More Information Please Visit Here :
Website : https://www.iatokens.com
Whitepaper : https://iatokens.com/docs/IAT%20WHITEPAPER.pdf
Twitter : https://twitter.com/IA_Tokens
Facebook : https://www.facebook.com/IATOfficial/
Telegram : https://t.me/iatokens
Eth Address: 0x20A89b32E2d643395D8Bc33Db1558750424Cd2c3
Type - ERC20
Price in ICO - 1 IAT = 0.01 USD
Tokens for sale - 2,000,000,000
Min. investment - 0.1 ETH
Accepting - BTC, ETH, Fiat
Distributed in ICO - 44.44 %
Soft cap - 1,000,000 USD
Hard cap - 20,000,000 USD
Curious about IAT watch here:
For More Information Please Visit Here :
Website : https://www.iatokens.com
Whitepaper : https://iatokens.com/docs/IAT%20WHITEPAPER.pdf
Twitter : https://twitter.com/IA_Tokens
Facebook : https://www.facebook.com/IATOfficial/
Telegram : https://t.me/iatokens
Whitepaper : https://iatokens.com/docs/IAT%20WHITEPAPER.pdf
Twitter : https://twitter.com/IA_Tokens
Facebook : https://www.facebook.com/IATOfficial/
Telegram : https://t.me/iatokens
Eth Address: 0x20A89b32E2d643395D8Bc33Db1558750424Cd2c3
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