SPACE-iZ. Building real Estate opportunities on blockchain
Frankly speaking, Estates problem is derived from a historical lack of focus on housing development. Over the years, most countries has not been able to develop a viable and sustained housing finance system either because of lack of expertise, up to date and knowledgeable industry leaders especially in the policy making arms, lack of funding for relevant institutional agencies/department, political and selfish gains.
Housing plays a special role in the social, political but more importantly economic dialogue in most societies. Housing has been known to be a major component of creating stable and healthy communities and it is often the largest single category of household expense. For housing to be successful, a country needs to have a stable macroeconomic environment. Moderate to high inflation rates and nominal interest rates as witnessed in Nigeria are typical features of volatile economies. These features have strong effects of reducing the affordability of mortgages. A volatile economy also affects the supply of funds and the types of mortgages offered by lenders. In such an environment, lenders are concerned about liquidity risk and are reluctant to offer long term loans. The solution to this then becomes government’s strong institutional intervention in terms of favourable policy drafting and implementation. The coming on board of the The SPACE-iZ is a commendable step towards scratching the surface of this challenge.
The SPACE-iZ project will encompass the novel ideas of cryptocurrencies and asset management through decentralized ledgers, based on blockchain technology. The SPACE-iZ project will build
an online platform that will introduce to the market real estate initially deriving from distress asset at favorable prices.
Aims and Objectives of The SPACE-iZ
- To improve communities, the environment and upgrade urban feeling and surroundings. These improvements to distressed or abandoned properties reinvigorate an area and improve the quality of life for everyone.
- To enable individual buy or rent properties at his/her convenience
- SPACE-iZ intend to accomplish idyllic environment for holders of other crypto currencies who will want to transfer a part of the assets into SPIZ tokens.
https://space-iz.com/
The platform will act as a closed ecosystem in which SPIZ tokens will be used as exclusive payment mean and offering all the services available to SPIZ token holders at favorable conditions regarding the general public .
Categories in which the SPIZ Tokens will be structured
- Selling to SPIZ token holders.
- Selling to the general public.
- Renting to SPIZ token holders.
- Renting to the general public.
Advantages of cryptocurrency with
underlying real estate
The SPACE-iZ project will combine SPIZ Token with real estate with the aim of backing. By backing cryptocurrencies with the real estate assets. With the aim to increase the stability of the Token and still have value growth potential.
The SPIZ Token will be used to purchase or rent properties of the fund on the Space-Iz platform. Transaction is swift and easy to access.
Utilization of SPIZ tokens
- Ability to buy residential units owned by the Fund.
- To pay for the rent of commercial and residential units owned by the Fund.
- Pay deposits and maintenance fees.
- Pay conveyance fees and expenses.
Common expenses in buildings owned by the Fund.
Advantages of the Space.Iz
There are various advantages connected to this undertaking, which incorporates the accompanying;
It requires some investment to rearranging the managerial capacity of property the executives; the application will absolve proprietors from gigantic expenses.
Space.iz will permit landowners for use, on the off chance that they are prepared to lessen the expense of rental for SPIZ coin holders.
SPACE-iZ likewise has a bundle for non-SPIZ holders, to disallow the token from turning into a hindrance to passage.
SPACE-iZ has viably made a biological system that benefits all members advantage.
Conclusion
Clearly Real home actually needs blockchain innovation. Certainly a market with very guarantee. Space-Iz is new to the business as the venture vows to make a biological system through open blockchain tech that gives a stage to every member.
USEFUL LINKS BELOW TO GET MORE INFORMATION REGARDING THE PROJECT.
Website: https://space-iz.com/
Whitepaper: https://space-iz.com/get-whitepaper.html
Telegram: https://t.me/spaceiz1
Twitter: https://twitter.com/Space_IZ1
Facebook: https://www.facebook.com/SpaceIZ1/
Youtube: https://www.youtube.com/channel/UCrlkowlYO5tUA478zfflhJA
Article Written By
Bitcointalk Username: Stovemaras1
Bitcointalk profile link;
https://bitcointalk.org/index.php?action=profile;u=1969183
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