The Reitis Token
A Real Estate Digital Asset
|Name of digital asset (token):||REITIS|
|Ticker/Stock Symbol:||xREI / XREI|
|Consensus Mechanism:||Proof of Asset (PoA) protocol type|
|Number of tokens issued:||5.5 million|
|Price per token:||€800, equivalent of 1 square meter of an apartment|
|Type of the Security:||Digitalized Asset Token Class|
|FPO advantage:||Fractional Property Ownership: invest as low as €100, for 1/8 of a token|
|Maturity time, for stake:||1 day (next month after getting started)|
|Liquidity:||Trade tokens on Reitis Exchange (RE) and on secondary markets|
|Main values on exchanges:||1 token (initial value = €800); 1/2 token (€400); etc.|
|Stake / Return on Investment:||Variable dividend value or variable interest rate|
|Withdraw / Lock time of principal:||Hold the principal for 2 years; get the stake and use it on secondary markets|
XREI Token and Reitis Investments
REITIS Members can make payments (investments) in EUR or BTC. To ensure total transparency, we use blockchain technology and offer the Reitis tokens with wallet, where you can track in real time the value of the principal and the accrued interest. For the amount of invested money, users receive the equivalent of Reitis tokens, as a way to record their contribution.
The Reitis Ledger
The Reitis Ledger (Blockchain) is immutable, as it has the parameters set from the beginning. Also, the smart contract is set as metadata in a transaction. The Reitis Ledger is very secure and was made to be used with parameters that cannot be changed afterwards. That is, the variable stake (dividend and interest), the network nodes, the ransom tax of 0.0001 XREI per transaction, the number of eight decimals (0.00000001), the maximum number of tokens (5,500,000 xREI) remain unchanged forever. The rights of token holders are governed by the smart contract and the informative Whitepaper (Business Plan) of the Reitis tokens as published on the website and the immutable rights in the form of digital tokens recorded in a decentralized in-house blockchain.
Raising the XREI Value
All the constructions made by Reitis Capital Development and all the services that result from the development of the real estate projects (especially the rents) will be available for purchase by the final client with one of Reitis tokens. Also, the sale and/or rental offers published by Reitis Capital will always have a promotion that will benefit the purchase through digital against fiat currency. By motivating the client to use Reitis tokens when purchasing real estate properties or services, we increase the demand for the token and implicitly its value. We will also have partnerships with real estate developers who build premium projects (meeting our standards of sustainable construction) and offer their properties for sale using the Reitis tokens.