Cross-Border Blockchain-based Real Estate Marketplace
The traditional real estate investing market is antiquated. The times of needing large, onhand capital reserves to invest in promising real estate is over. Technology has brought the world closer together, but it has also given people the access, the means and the liquidity to participate in previously out of reach investment opportunities, typically reserved for the wealthy and well connected. RealtyReturns is addressing this by allowing people, such as yourself to invest in vetted and promising income generating real estate properties using cryptocurrency.
I have been an investor in cryptocurrency for many years now, through the huge rise and recent fall of values. I asked myself how I could find a way to avoid the volatility of the markets by investing in income-producing real estate. Unfortunately, I did not see an option available at the time.
This was around the same time I was invited to speak about cryptocurrency and its influence on the global economy at SLUSH Conference in Singapore. After my presentation, I began interacting with attendees living in Singapore and surrounding Asian countries. Many of the attendees I spoke with voiced their similar concerns with the volatility of the crypto markets and were looking for a safe place to invest their crypto. Coming from a cryptocurrency, real estate and crowdfunding background, I immediately saw huge potential to combine all three of these aspects.
However, when I brought up this new model, a new concern arose. Investors were concerned about the lack of liquidity in the real estate markets. With the typical real estate investment having a hold period of many years, our team figured out how the blockchain could fix this lack of liquidity by allowing investors to sell their ownership stake in a specific property with the push of a button through our platform; thus creating a liquid real estate market.
We launched RealtyReturns.io to help overseas investors and others avoid the volatility of the markets by securing their money in income generating properties and providing instant liquidity not previously offered by real estate.
– Manny Fernandez, Co-Founder, CEO
Singapore citizens are among the largest groups of foreign investors in U.S. real estate market. Foreign Chinese investors own over $28 billion in U.S. real estate.
RealtyReturns is building a security token with a decentralized compliance protocol to create an industry standard for how asset-based tokens are issued and traded on the blockchain. The Returns Token is an open-source ERC-20 token on the Ethereum blockchain. What we are building is a compliant way that asset-backed tokens can be traded on any ERC-20 platform.