Real estate as an investment throughout history
There are certain things in the world that humanity will continue to demand no matter what. One of those is real estate, the power of owning a piece of the only planet we inhabit. Some of the other goods or assets that are very high in demand and likely will be in the future, risk being reinvented leaving investors holding an outdated product. An example of this would be oil which is a very valuable resource at the moment that is always in high demand, but a better, cheaper and the more reliable alternative could be created in the future, contrary to real estate. One can’t just create more earth, so with an ever-growing population, the value of real estate and land keeps on growing, especially because a bigger population not only requires more real estate for living purposes, but also for resourcing, agriculture, business and much more. This is why real estate has been such a great investment throughout history. There have been periods where the real estate market has been plummeting, but that is only short-term volatility, on a long-term scale, the value of real estate has only been going up. However, investing in real estate is not cheap, it requires funds way greater than the average person has. But, through the power of blockchain technology and tokenization, Genesis, a crypto project, will make it possible for investors to invest small amounts of money in real estate projects.
How you can invest in real estate through Genesis
Genesis has created a truly unique environment which allows you to invest in real estate projects by purchasing their GES tokens. The way the entire project works is that the Genesis fund invests in real estate projects funded by investors of the GES tokens. When the real estate starts to generate revenue, profits will be distributed among GES token holders proportionally to the amount they hold vs the total supply of GES tokens. This allows investors to invest relatively small amounts of money but still benefit from the potential success of a real estate project. Holders of GES also gets the opportunity to vote for upcoming Genesis projects and will receive discounts on services provided by Genesis. Genesis will not only feature the real estate investing aspect but will also offer a range of services including financial management, their own GDEX and more. Learn more about these in their whitepaper.
To fund their project, Genesis is raising funds through an initial coin offering (ICO), selling their ERC20 token GES. The GES token will be an essential part of the Genesis project as holders of it is distributed profits from real estates projects by Genesis on a quarterly basis. GES tokens also offer holders a range of other benefits.
The token sale started on the 1st of April
The token sale ends the 15th of May
1 GES = 1 EUR (bonuses apply to different phases, see chart below)
- Maximum amount of tokens minted is 1,000,000,000 GES
- A maximum of 800,000,000 GES will be for sale during the ICO
- Soft cap is 3,000,000 EUR
If you find this project interesting and wish to learn more about it or their token sale, you can visit the following links below and read their whitepaper. To keep yourself up to date on the project, you can follow their social media accounts also linked below.
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