Instant Asset Token (IAT)

The IA Tokens concept aims to revolutionize the real estate industry using Blockchain technology through the development of the IAT Platform. Funds raised from this ICO will be used to develop the IAT blockchain and our existing management company that is currently operational will undertake the asset management. The Platform will cater to the Philippines market first and we look to expand into other developing markets in Asia.

Whitepaper

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What is Instant Asset Token

Real estate investing has been one of the most profitable ventures known to man. Totalling up the global property value (inclusive of residential, commercial, industrial and agricultural land), the market cap is a staggering value of above US$210 trillion with residential property making up about 75% of it.

However, getting into the market has not been the easiest for the masses for various reasons such as:

High capital requirements

Stringent financial regulations to gain access to mortgages

Restrictions on foreign ownership

High upfront charges and taxes on resale

Clear ownership transfer

Lack of transparency in the entire process framework which is especially so in developing countries

With the introduction of Instant Assets Tokens (IAT), the company aims to make property investment easily available to the masses through the digitization of assets. The company has plans to expand to other developing countries with focus first being placed on the Philippines market.

Other areas which we aim to target include the transparency of the resale and leasing processes. We will also be integrating other utilities for the tokens on the platform which includes paying for furnishing, legal fees and fees for engaging tax auditors.

The company will create our own IAT blockchain and utilize the funds from the ICO to acquire and create the first pool of assets on the IAT blockchain. The platform will also have multiple channels of usage with various partner merchants.

IA Tokens Utilities & Benefits

The IAT ecosystem encourages the use of NIAT for various benefits and this section shall explain in detail the different channels:

Rental Payment

Tenants are encouraged to use NIAT for paying rent and rate reduction will be provided.

Partner Merchants

The company will be looking to bring in various merchant partners into the IAT ecosystem to increase the avenues of usage. One such merchant is “Beacon Cloth Care” who is providing laundry services, there are currently 2 outlets in Makati and the merchant has plans to expand the operation to a total of 100 outlets by the end of 2018. NIAT will be used to prevent volatility in the cost of the merchant’s goods and services.

Purchase of Assets

NIAT can be used to purchase assets and resides within the IAT ecosystem.

Payment for Asset Management Services

Tokens holders can opt to utilise NIAT to make payment for our asset management services. Further discount on the fees will be given to encourage the use of NIAT.

Payment for Furnishing

Tokens holders can opt to utilise NIAT to make payment for purchasing items for furnishing their asset. Further discount on the fees will be given to encourage the use of NIAT. NIAT will be used to prevent volatility in the cost of the merchant’s goods and services.

Payment for Tax Advisory & Services

Tokens holders can opt to utilise NIAT to make payment for engaging the services of tax advisors. Further discount on the fees will be given to encourage the use of NIAT.

Payment for Legal Services

Tokens holders can opt to utilise NIAT to make payment for engaging the services of lawyers or legal advisors. Further discount on the fees will be given to encourage the use of NIAT.

Payment for Agents/Brokers Commission

In the event where commission is required to be paid to the agent/broker, tokens holders can opt to pay the commission of their agent/broker with NIAT.

Listing of Assets for Sale or Rent

Tokens holders can opt to use NIAT for paying listing fees when they list the assets on the web portal. The company will provide discounts on the fees if NIAT are being used. Listing may be initiated by either agents, brokers or individual owners.

Receiving Rental/Sale Proceeds

Asset owners can opt to receive rental or sale proceeds in the form of NIAT. The IAT ecosystem will also allow the asset owner to provide a slight discount to the tenant or buyer as an incentive for utilizing NIAT for the transaction.

Receiving Commission for Agents/Brokers

Agents/Brokers can opt to receive their commission in the form of NIAT. The IAT ecosystem will also allow the agent/broker to provide a slight discount to their clients as an incentive for utilizing NIAT for the transaction.