Global REIT: Disrupting Real Estate with Blockchain

Global REIT brings blockchain to real estate.

To make real estate more accessible to investors and bring the advantages of blockchain technology to the industry, Global REIT is holding a crowdsale. With the growth in popularity of cryptocurrencies, Global REIT will issue dividends to token holders based on the profits generated from its assets.

In recent decades, real estate investment trusts (REITs) have become a popular investment due to their steady profits. A REIT is a portfolio of properties managed by a company or organization that issues dividends from renting them, selling them, or providing real estate financing. REITs often issue tradeable stocks representing a right to a percentage of profits generated by them. They give investors exposure to a diversified portfolio of real estate properties without having to manage them.

By issuing tokens representing rights to dividends from the project, Global REIT will attract cryptocurrency investors into this form of real estate investing. As ERC20 tokens on top of the Ethereum blockchain, they can be traded for other cryptocurrencies and fiat currencies at exchanges. Cryptocurrency investors from anywhere in the world will be able to receive dividends from the international properties owned by the project without having to concern themselves with their management. Among the countries where properties will be purchased are U.A.E. and UK.

The two tokens issued by Global REIT are GREM (Global REIT Fund Manager) and GRET (Global REIT Asset Token). GREM represents fund management company returns and GRET represents asset owning company returns.  The dividend for GREM will begin at two percent and will then drop to 1.25 percent of the net asset value (NAV), and the dividend for GRET will remain at eight percent of the investment in the assets. During the pre-ICO and ICO, GREM will sell for $0.07 and GRET for $1. In total, 200,000,000 GREM and 75,000,000 GRET will be created.

The pre-ICO will take place throughout the month of May and the ICO will take place throughout the month of June. Cryptocurrency enthusiasts interested in a project with dividend-issuing tokens from real estate properties may want to learn more about this fascinating project while doing their due diligence.

*I am receiving Global REIT tokens for the growth of the community.

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