Is presale on track or it will be delayed?   and if  reasons for it?

Some community members i think are writing about ee on medium i found article.
We see blockchain affecting many sectors and real estate is no exception. The ICO that I will be reviewing here is another such example: Elements Estates. ELES is the name of their token.

What I find fascinating about such projects is that they have a physical aspect. They will be working with real estate, real and concrete!

“Elements Estates” by Crypto Nobility https://link.medium.com/CxjrvRa6nT

Spread the woooorddd!!

Someone asked what is happening with the presale  when is it going down. ?

The answer:
Presale is currently defined as TBA (To Be Announced). We are currently still very active in Private Participation Period as we do not want to loose this strong momentum we have already created with presenting our project to HNWI's and Family offices. After it, we will announce the details about pre-sale and crowd sale dates.

 

Will there be in future any new advisors or team members and if from which field?

i know it's red market  buy maybe red market is opp. to prosphere in all that

my 2 cents

I like real scenarios for real life of platform usage. But i like to watch videos - will there be any video in future?

In Q1 or Q2 of 2019  what will be most important things for us investors?    very interesting for new informations

You should check out Reddit guys. Some interesting things are happening there. I go there everyday with morning coffee.

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 stakeholders

The token establishes a market between banks which hold distraught real estate assets, the borrowers and the investors, mostly retail investors. As a utility, the token represents a private real estate development fund established by the company behind Elements Estates, and by using the token in question, the ELES, the investors are promised to be able to tap into the opportunities unlocked by the fund. The fund takes over as an owner and landlord of the properties it invests into.

The Market

Since the 2008 global economic crisis, despite of relative recovery in the stock market, the situation in the real estate market has been met with a large amount of distraught properties left over from the market crash, mainly because consumer spending and purchasing power hasn’t grown in concert with the financial markets. From the perspective of the banks, this means increased risk exposure from non-performing or poorly performing loans. From the investor’s perspective, this means a potential opportunity in gaining hold of undervalued assets, and from the consumer’s perspective giving up the asset is often better option than defaulting on it. Elements Estates strikes a middle ground, and establishes itself as a neutral market mechanism, a bridge between investors, consumers and the banks. This newly created marketing channel may provide liquidity in the market, and potentially help the market towards recovery at large. At least, the end result would be more opportunities for retail investors in an otherwise opaque market.