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Making Real Estate Easy For Everyone

Start : TBA - End : TBA

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.

Team Story

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.

Business model

The revenue for C Estates will be coming from different channels:

  1. Recurring fees from Asset/Property Management and Advertisement
  2. Transaction fees for using the platform both for buying and selling
  3. Service revenue for one time fees such as due diligence and processing fee
  4. Project based revenue from the margin of acquire-renovate-sell model of below market value and foreclosed properties

Key Features:

  • Leveraging Industry Experience and Initiative for Compliance
  • Buy fractional shares or ownership of Philippine properties
  • Earn rental income based on the proportionate share of the property token
  • Sell the tokens later at a higher price when property appreciates in value
  • Choose a variety of property tokens (sale, rent, crowdfunding, timesharing or landbanking)
  • Properties are fully verified with complete information and appraisal
  • Team comprised of leaders in the real estate industry
  • Founded by Teruo Sumida of Capitarise (one of the biggest investor-focused property management firms in the country), known for selling over 2,500 Philippine properties to Japanese investors
  • Partnerships with Philippine real estate key players and influencers
  • Security and compliance assured through legal representation working with related Philippine government agencies (SEC, BIR, Registry of Deeds, etc.), and through Securitize for international compliance
  • Fiat onramps and asset-backed tokens

Technology

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.

 

Milestones

PHASE 1

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

 

PHASE 2

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

 

PHASE 3

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

Details

Token : XCET
Launch Pad : Latoken Launchpad
Platform : NEM
Type : Utility
PreICO price : 1 XCET = 0.006 USD
Price in ICO : 1 XCET = 0.012 USD
Bonus : Available
Bounty : Available
Tokens for sale : 4,499,999,999
MVP/Prototype : Available
Country : Singapore
Whitelist/KYC : KYC
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.
Accepting : ETH
Soft Cap : 5,000,000 USD
Hard Cap : 38,000,000 USD
Distributed in ICO : 50%

Project Team :

Teruo Sumida
Teruo Sumida

Founder, Chairman & CEO

Gary Hablero
Gary Hablero

Director for Business Development

Neva Kares Talladen
Neva Kares Talladen

Managing Partner & Chief Strategy Officer

DONNABEL PRADO
DONNABEL PRADO

Chief Administrative Officer

Elixes Becislao
Elixes Becislao

Co-Founder and Chief Operations Officer

Marco Angelo Mejia
Marco Angelo Mejia

Chief Technology Officer

Akarsh Dhaiya
Akarsh Dhaiya

Chief Financial Officer

Advisors:

JUN TAKAGI
JUN TAKAGI

Advisor

DARYL NAIDOO
DARYL NAIDOO

Advisor

JAY FAJARDO
JAY FAJARDO

Advisor

ANDERSON TAN
ANDERSON TAN

Advisor

ATTY. MARK GORRICETA
ATTY. MARK GORRICETA

Advisor

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