It presents the technical and legal status of real estate, which is subject to verification. In addition, the real estate tokenization request must be accepted by verified ATL traders who have the right to vote on many issues of the platform's operation. After consenting to the tokenization, the real estate in accordance with the law in a manner regulated by the appropriate office in a given country, e.
In the simplest terms. The notarial act of ownership of the property, which was possessed by its current owner, turns into millions tokens , each of which corresponds to the ownership of a specific part of the property, e. It is more difficult to sell a whole, worth hundreds of million USD property, than any small part of it, which can be owned by virtually any person in the world, regardless of the location of the property and the place of residence and wealth of the investor.
In addition, at any time, 24, an hour a day, you can sell or buy such a digital act of ownership by logging into the Atlant's decentralized exchange. The fee is automatically charged in the newly issued Property Token, because that's what the project calls token "deeds of ownership". At any time, these security tokens can be sold to someone else on the Atlant's decentralized exchange or transferred to your private wallet, eg MEW, Ledger Nano S, etc.
Security token issued by Altant in this case called Property Token will use the ethereum blockchain. The Atlant team is working on a new standard, ERCthat will be tailor-made for the project. Atlant does not want to use the Polymath or similar product, because he sees the drawbacks in these solutions and wants to create his own, fully dedicated standard. In addition, on the Atlant exchange, it will be possible to trade tokenized securities, like the shares of traditional listed companies.
In addition, Atlant is preparing another product - an airbnb short-term rental platform. They are membership certificates in the Atlant community managing the platform. The team has legal expertise, confirming that they are not security tokensbecause their owner will not receive passive income, he will not profit from the operation of Atlant as its shareholder.
He must do some work for the operation of the platform, for which he will receive remuneration in the form of a part of the tokenization fee. This is very important in the context of the legality of ICO in relation to the law of different countries.
ATL will not be used to pay for anything. In addition to the usual speculation, an ATL owner can register with the Atlant platform. Exactly that nodes will receive a fee charged to the property owner for its tokenization. Income derived from maintaining the node can significantly affect the price of the ATL token. How much can you earn from it? You do not need to mention how much the real estate market is worth. Now let's look at the current price and capitalization of Atlant cryptocurrencies 1 million.
Even if only a small piece of cake falls to Atlant, you can earn a fortune when you start the network node. Then just enter blue fields : the number of ATL tokens you have and the number of tokenized properties on the Atlant platform. The profit from having ATL in the node will change in red in the table. Be sure to also see: Forecast of the ATL token pricing after launching the Atlant product Investment risk, advantages and disadvantages of the project Project regularly documents progress by posting the code on github.
Despite the long bear market, the telegram is still teeming with life. Team members regularly answer questions. The community is large and strong, which has recently been proven by winning a vote for the ATL cryptocurrency listing on the newly emerging stock exchange Atlant won over a dozen thousand votes. What is the result of its very low price? It was no different from ATL. In addition, the project has many months of delay related to the formal and legal procedures that Atlant must pass to obtain all necessary licenses and consents to real estate tokenization and trading.
Although the platform is ready for many weeks, Atlant still can not move. Here is the greatest uncertainty and riskthat complications will last. Another reason for the very low price of ATL is bounty program. You could easily earn thousands of Atlant tokens.
Due to the huge market value of tokens to be given out at the beginning of the year , the Atlant team decided to pay out bounty in batches every month, so as not to immediately throw everyone on the market. As a result, each month over three hundred thousand tokens are given away for free. The goal of Atlantis Loans is to deliver the best DeFi experience across all popular blockchains.
The Atlantis UI already has integrated multi-chain support in its core which will guarantee its users a seamless and clean experience while utilizing different blockchains. Going multi-chain is something Atlantis want to do in the first quarter of next year. Atlantis Loans is planning to have many satellite Dapps doing different things with ATL in the center.
This means that all the Dapps will utilize or provide a monthly revenue to ATL. Here are some other articles that you may be interested in:.
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