I follow their LinkedIN profile: https://www.linkedin.com/company/elementsestates

The platform will act as a closed ecosystem where tokens will be used as an exclusive payment method and will provide all available services to markers under favorable conditions for the general public and will be structured in these main categories: domestic and family as their main home, commercial properties that businesses use for business and tourist properties, which are maintained to allow for one-off or one-off stays of individuals or families. The Element estates team is constantly working to improve their projects by conducting meetings and events. Capable of success.

In a world where one’s existence is invariably tied to what a piece of paper says or doesn’t say about you. From money to academics, bills, and deeds, the claims on these papers determines access and availability to both the perks and necessities of life. But what happens when you don’t have these papers or possess the required ones? Welcome to the world of the unbanked.

They are defined by the Federal Deposit Insurance Corporation (FDIC) as adults without access to formal financial institutions such as banks.
Yes banks.. centralized financial institutions who "have" us like we are some soldiers.

See in how many languages are available website informations.

Ecosystem looks dope..

D labs will develop platform?  That is good to see they are very successful company!

We are D.Labs. We have worked with dozens of product teams all over the world, from individual founders who are self-funded, to large multi-national organizations. We have also created our own products and entrepeneurs. Find your place at D.Labs and become a meaningful part of something that changes the way people live.

https://prototype.elementsestates.io/real-estate/

Elements Estates, ICO review

Elements Estates is a promising ICO, focused on a potentially humongous real estate market in Europe, particularly, distraught assets. Or properties, where the borrower has difficulties paying back their loans.

The product

The company behind Elements Estates intends to build a decentralized investment platform, wherein the properties are listed on the service, and represented as offerings for prospective investors. According to the whitepaper, the product is access to a specific market. This actually raises a question about the properties themselves. The whitepaper mentions that different stakeholders are connected via smart contracts on the blockchain, and hence the blockchain establishes trust between the parties involved, but there’s no mention about security tokens representing the individual properties, yet. If such an opportunity does arise at some point, it would definitely be an improvement. Otherwise, the system is sufficient for a decentralized real estate agency to operate, successfully in theory. At the moment, the single point of failure is definitely represented by the fund. The smart contract, specifically.

This kind of settlement has to be airtight to work out, because the properties aren’t represented as tokens themselves. What makes the process unique is that the properties are intended to be auctioned on the blockchain. An auction contract could in fact work out of the box. There’s mentioned deposits, maintenance fees and so on. All separate processes definitely need their own smart contract.

The purchasing process intends to represent ELES as a utility token securing the transaction between the investor and the fund.

There are two ways to purchase a property with ELES:

-50% fiat, 50% ELES over a period of time.

-100% ELES, locking tokens down for a fixed period in case the investor has less tokens than the entire purchase price.

I personally see here a potential risk in having multiple purchasing methods available for the token holder, ie. there’s a fiat payment enabled and smart contract -based token locking mechanisms that create some initial confusion, and essentially put the fund itself as a single point of failure in the system. Eventually, streamlining the purchasing process would be the easiest if financing options were externalized and the properties themselves were ERC-721 non-fungible tokens, but this of course is my personal opinion. Maybe locking tokens for a fixed period works, at least this process works as collateral.

The ICO gains are promised fairly straightforward: Fixed number of tokens representing a growing portfolio. If the market picks up, the token value grows exponentially.

I need to judge the project here somehow. I see the main risk in the smart contract governing the purchase and in managing the fund itself, and the greatest reward in potential new market trend created or at least inspired by the fund. If the team can pull it off, and they’ll need to focus on developing the smart contract into an airtight, decentralized platform in order to accomplish that they might just create a new asset class that would end the recession in the market for years to come.

During the ICO there are two main goals, the soft cap and the hard cap:
Hard cap (max) = 50 million USD
Soft cap (min) = 2,5 million USD

How did you come up with that number for the soft and hardcap? Good thing soft cap is already reached and what is the main thing that you plan to do with that money ?

People nowadays are saing that ICOs are dying and like the past, but I don't think so. I think the best ICOs will have their time maybe twice the big startups that we saw in 2016 or 17. I got a feeling this is going to be one of them. Slow and steady but big in the future. People just have to trust your work.