This is a Press Release:
Max Property Group: a real estate crowdfunding platform.
If you are familiar with crowdfunding platforms such as KickStarter, Ulule or KisskissBangBang, then you will not have any trouble understanding how it works. Max Property Group.
Although it is a company established for years in real estate, MaxProperty Group, a Dutch real estate investment company, decided to use cryptocurrency in its new project.
If you are looking to invest in real estate using a crowdfunding platform, this may clearly be a project like MaxCrowdfund which will meet your expectations.
So let's see here, how it works in practice and how you can make profitable investments in real estate with cryptocurrencies.
How to invest on MaxPropertyGroup's real estate crowdfunding platform?
As with all crowdfunding platforms, there are two ways to use the platform:
- You are a person looking to finance your property : You want to buy real estate but you do not have the financial means to complete your acquisition. Instead of requesting a bank loan, you can then opt for financing through crowdfunding. You then use private financing to obtain your loan. You then repay each person based on what they lent you.
- You are a person who wants to invest and earn interest. In this case, you can participate in fundraising in an amount that suits you. Depending on the project, you receive your earnings quarterly, annually or monthly.
How to invest on the platform?
To invest on the platform, you must first purchase MPG tokens. It is with these tokens that you can invest the amount of your choice on the platform.
Eliminating high entry levels is probably the biggest benefit of using the crowdfunding platform. Indeed, on classic real estate crowdfunding platforms, relatively large capital was required to invest.
Moreover, historically, real estate investment was reserved for the rich, because it required several hundred thousand dollars minimum.
However, MaxProperty reduced the entry ticket. You can invest in projects from as little as €1 and even as little as 000 euros for the least imposing projects.
This means that anyone with €100 can become a real estate investor, joining the wealthy and benefiting from an investment backed by a high-yielding asset.
Considering that real estate is the most valuable asset in the world and is currently only accessible to the very wealthy, opening the market to "normal citizens" is clearly a huge step forward in this regard.
What are the advantages of using Blockchain in real estate investment?
Blockchain technology is resistant to manipulation and, once activity is recorded, it cannot be deleted or modified, resulting in an incredible level of transparency.
Only blockchain technology can give us such a level of transparency and security.
Each transaction carried out on The platform , whether it is an investment, the signing of a rental contract or the transfer of real estate, will be recorded on the blockchain forever. It will then be impossible to falsify the recorded transactions.
The platform will also have a property management utility, so activities such as renovations, repairs, mortgages or rental agreements can also be recorded on the blockchain. This way, when investors view a property, they can access important information about it, such as repairs made or tenant history, previous sales (and at what prices), etc. Eliminate the need for agents and lawyers and reduce the risk of disappointment.
Protocol automation
This is also the other great advantage that blockchain allows. We can automate various tasks such as making payments. By automating a large part of the sales process, the platform MaxProperty eliminates many of the costs associated with real estate investments.
Real estate agent costs are completely eliminated, as properties are carefully reviewed before being included in the platform, along with all related and provided information. Thus, costs are lower thanks to the automation of protocols enabled by the blockchain. Access to registered documents, mortgage information and other relevant information will be disclosed automatically.
Frequently asked questions about MaxProperty:
- What is the minimum investment amount?
Investors can purchase products from €1,000. Depending on the type of investment and the promoter's criteria, the minimum investment amount may be reduced to €100 in the future.
- What currencies can I use?
The currencies used to purchase MPG Tokens or invest in assets are indicated on the platform in the asset detail page. Please register/log in to access asset information.
- How long does it take to invest?
After validating the KYC process, you will be able to invest in seconds. However, we recommend that you take the time to carefully review the investment products offered and perform a thorough due diligence analysis.
- When will I receive my interest?
Depending on the product type, your returns may be paid monthly, quarterly or annually. In most cases, your returns start growing from the date of investment. However, investment products vary, so please check full details on returns before making a decision.
- What fees apply to investments?
Fees vary from product to product, but are always clearly stated in the application specifications. Please review the investment information carefully before making a decision. The platform takes 2,5% commission.
- Can I cancel my investment?
Investments cannot be canceled, but they can be sold on the secondary market to other users of the platform once this feature is enabled on the platform. (subject to approval of appropriate licenses)
- What will happen if the investment fails?
The investments listed on Max Crowdfund are reviewed by a team of professionals to reduce the risk of project failure. However, if a project encounters problems, the same procedure that applies to investment in a real estate project or product is applied. There are company administrators in place and local legal or grievance procedures that would apply.
- Can I follow the progress of my investment?
Absolutely. The crowdfunding platform, which is placed on the MPG blockchain, was created to ensure that investors can track every activity relating to a given product.
- What will happen if I don't fully fund my project (For those looking to raise funds)?
On MaxProperty, when a project is listed, a minimum financing threshold is set. If the threshold is not reached within a specific period, the project is canceled and the funds are returned to investors.
- How can I pay interest to investors?
You pay all returns collectively to a foundation which, in turn, pays individual returns to investors through an automated system.
Conclusion: Real estate, a highly sought-after type of investment that will be facilitated by blockchain?
Investing in real estate still remains today the most profitable investment (given the constant or almost constant increase in real estate in the world) or the most secure for many people. It is indeed the most tangible investment there is. Even if a person does not rent their apartment, they would still have the possibility of living there or reselling it.
If you are looking to invest in real estate, it is because you know that your money is never completely lost and that it remains an excellent way to protect yourself financially. Having a roof over your head still remains a priority for the majority of beings on this earth, right?
For many investors, investing in real estate means gaining financial security. The investor can then obtain income through the rental, for example, of his property. The real estate investor can also obtain gains by, for example, reselling with a high margin. In short, if people are still interested in real estate investment, it is mainly because it offers returns and the possibilities of generating gains in a varied and lasting way.
In fact, technology for the real estate industry hasn't advanced in decades, with the exception of rental platforms such as Airbnb. These are in fact the only major disruptions known in the real estate market.
With blockchain technology, we can expect to see this sector take the plunge. This can indeed be very advantageous, both from the point of view of the investor and the real estate developers.
The entry of the real estate sector into the blockchain
Blockchain technology has become the cutting-edge technology in the financial world and is beginning to develop in all areas outside the financial sector.
One of the sectors in which blockchain could have a significant impact is precisely real estate, and more particularly real estate investment.
blockchain technology can improve, if not completely, all the barriers of the dark real estate market so far. Make it more transparent, accessible and effective.
We can only hope to see more and more real estate projects of this kind appearing.
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If you have any questions about the MaxProperty crowdfunding platform, don't hesitate to let me know in the comments section below.
What we know is that MaxProperty is one project among many others...There will be others and so much the better for the future.
Note: This is not financial advice. Only invest what you can afford to lose. This is the only advice I can technically give you: be careful and vary your investments.
