Start : 01st Feb 2020
End : 29th Feb 2020
C Estates backbone is Capitarise Corporation, a property management consulting company in real estate that established their expertise in pioneering cross-border transactions. They have a wide Japanese clientele and pride themselves to being fast, efficient and professional in bridging foreign businessmen to invest in the Philippines. To date, Capitarise has sold more than 2,500 properties to its exclusive foreign clientele in partnership with Megaworld Corp. and supported by the Philippine Retirement Authority.
For more than 10 years, they have supervised and facilitated numerous local and foreign clients in acquiring real properties and condominium units in the Philippines. Capitarise Corporation developed C Estates, Combining real estate, concept of stock market and technology, to streamline the efficiency of doing real estate transactions real-time.
C Estates is the Philippines’ first smart digital investment platform for real estate. Similar to the digital trading of stocks and financial instruments, users may buy and sell verified property completely online, closing deals instantly with lower cost compared to the traditional process. With the use of utility tokens (XCET) to facilitate and validate online transactions in the platform, C Estates gives users the option to trade real estate-backed tokens as fractions of its price, or as a whole. This is made possible through blockchain technology to provide fast, low-cost and secure transactions that will greatly contribute to the liquidity of the Philippine real estate industry.
Started in late 2017, we had a discussion of combining the previous businesses together which are; online gaming and real estate. The concept is just like online casinos wherein the money doesn't leave the "house". It sparked the question, "what if we treat real estate like online gaming wherein properties doesn't leave the platform and can still be transacted anytime and anywhere?" For over 11 years of doing traditional real estate business, we've been a witness of how tedious real estate processes are in the Philippines. From the manual documentation procedures up to the issues with remittances, we've experienced it all. That's why we decided to shift the business from traditional real estate into a property technology platform because we believe that everything is going digital -- and real estate is not an exception. For over a year, we've gathered up reputable team members that helped us develop the product in order for us to achieve our goal -- which is to make real estate easy and accessible for everyone providing fast, low-cost and secure way of doing real estate transactions. Starting this journey is very difficult because we are challenging one of the most traditional industry. There's a lot of resistance from real estate stakeholders and from regulators, but difficult doesn't mean impossible. Now, we are about to launch our product, we've got traction from the industry stakeholders and gearing towards becoming the first ever Digital Asset Exchange in the Philippines.
The revenue for C Estates will be coming from different channels:
By combining blockchain, big data and analytics and bridging the gap between traditional real estate and cryptocurrency, C Estates provides a secure, low-cost and more efficient way of doing real estate transaction. It integrates data verification that is secured via blockchain with complete audit trail that will ensure authenticity and accuracy of transactions, digital wallets that secures payment both fiat and crypto, access to multiple real-estate backed tokens for investment, data driven insight for investments decision making, secure personal data vault and local and international compliance.
The product is about to be launch in the Philippines initially and will eventually become available in the neighboring Southeast Asian countries.
On-board properties under CCTs (available for foreign investors)
Partnership with key players in the Philippine Real Estate industry
Beta Product Launch for Property Tokenization, Listing and Trading (Virtual & Live)
Establish C ESTATES Escrow and Private Registry
Acquire license to be the first Digital Asset Exchange in the Philippines
Launch Property Management Platform
Rollout property rental services
On-board properties under TCTs (available for locals only)
Launch Acquire-Renovate-Sell model under brokerage company
Rollout additional features and services such as crowdfunding, timesharing and landbanking
More B2B partnerships
Provide home loand and mortgage financing services
Initial expansion to neighboring Southeast Asian countries
Expansion to Middle East, Europe and North America
More B2B partnerships internationally
|Launch Pad||: Latoken Launchpad|
|PreICO price||: 1 XCET = 0.006 USD|
|Price in ICO||: 1 XCET = 0.012 USD|
|Tokens for sale||: 4,499,999,999|
|Restricted areas||: Afghanistan, Bosnia And Herzegovina, Cayman Islands, Democratic People’s Republic of Korea, Ethiopia, Iran, Iraq, Pakistan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Uganda, the United States of America, Yemen.|
|Soft Cap||: 5,000,000 USD|
|Hard Cap||: 38,000,000 USD|
|Distributed in ICO||: 50%|