AMA Recap GreatDrop with LABS
Yes, indeed you got it right. Real estate investment is very illiquid.
Hence LABS is here with the solutions. First, we digitize, slice, and factionalize the investment, so no matter where you are in the world, you can invest with just 100 USD as long as you have an internet connection and a digital wallet.
To solve the liquidity issues totally, LABS has a Digitized Real estate exchange to offering quick trading.
Lastly, LABS has DeFi collateralized lending so that you can borrow against the tokens and get other digital assets.
What is business model of your project? How it works?
Who are your potential customers and which markets are you targeting on?
LABS business model, being a Digitized Real Estate Investment Ecosystem, will have its revenue and incomes generated from advisory and management fees, listing fees, transactional fees, and success fees in fundraising.
Remember, a big part of all these combined incomes will go to the staked token holders. Hence token value will take care of itself as long as we do it right.
Is $LABS a global project?
Can local communities partake in $LABS?
Yes, LABS is a truly global project in which we have partners all over the world.
For example, we have property developers partners in New Zealand, China, Thailand, Middle East, Europe, and Canada. Our developers and tech partners are all over the world.
Yet, as mentioned, we target retail investors all over the world. Remember, with just 100 USD, an internet connection, and a digital wallet, you can start to build your global real estate portfolio.
We want financial inclusion and real estate for everyone.
Ok, let me copy and paste my answer here this time, don’t mind :)
LABS key highlights:
1. Real estate is the largest asset class (>228tn USD) and the way people invest in it can be disrupted.
Digitized Property on blockchain offered to global investors thru crowdfunding and digital exchange is the answer.
2. LABS ecosystem solves all real estate investment pain points:
… Illiquidity
… High barrier of entry
… High transactional and exit costs
By:
Fractionalizing real estate investment
Global Crowdfunding utilizing digital currencies
Transactions and distributions on blockchain
Exchange offering and trading
3. LABS revolutionary and wholistic business model is an ecosystem comprising 3 different layers focusing solely on real estate:
…advisory and management
… Issuance and crowdfunding platform
… licensed digital security exchange
4. LABS augmented its ecosystem by incorporating DeFi solutions, including staking pool, Dex, and lending platform.
LABS crowdfunding platform is built on Polkadot with their support.
5. LABS has traction and project pipelines:
… Advisory and management deals done
… Issuance and crowdfunding platform fully ready
… Digital security exchange license obtained and in UX/UI testing and finalization stage.
… LABS already have projects officially agreed to be launched
6. LABS has great token design, economics, and usage, and address to both markets looking for short and long term rewards:
G.A.I.N.S model:
…Governance
…Access
…Incentives
…Nomination
…Staking (for rewards)
7. LABS has strong international strategic partnerships in both blockchain and property sectors:
…America
…Europe
…Greater China
…SEA
…Middle East
8. LABS has a strong team with knowledge, ability, credentials, and network in real estate, blockchain, finance, and legal to make this project works.
9. LABS is strategically located for this project：
Hong Kong is a property crazed and a place where most property groups are headquartered here.
It is hindered by a newly rich China where many investors look to invest in overseas properties to diversify their risks and returns.
10. The timing is perfect:
… Adoption of Cryptocurrencies (even by institutions)
… Advent of CBDC/DCEP (aka digital RMB) raised awareness and acceptance
… Covid further expedites the digital revolution as well as making property owners more willing to explore other ways
LABS vision is to change the way people invest in real estate.
We want to be that game-changer, and ensure financial fair play to everyday people like you and me.
We don’t want to see the best asset class and its rewards only reserved to the privileged.
We want to encourage financial inclusion. With just an internet connection and a digital wallet, you can invest in global quality properties.
LABS will be listed on a top 20 exchange on or before mid-April. Probably start with 2, and then another 2 in the following month.
Of coz, DEX is a must.
LABS will be adding more partners. In fact as we speak, we have formed new partnerships including Centrifuge, and one top 10 lending platform DeFi service provider, one top 10 NFT project, and a property list with 1bn USD in property assets.
Again, follow us and you will get all the big news!
You asked for 3 but I will give you 7:D
Top 7:
1. Team (blockchain, real estate, finance legal) and network
2. Business model (project management advisory, crowdfunding, exchange, and DeFi)
3. Market size (huge)
4. Traction
5. Technical
6. Trend
7. License (first ever government-approved real estate digital securities)
Ok, last question here.
Well, our seemingly weak point is, this kind of ecosystem and the ambition to change and disrupt the largest asset class, require a big capital.
Our exchange license already costs is a lot (but we are not raising to spend on the license). We are raising to expand the ecosystem fast and gain economies of scale.
Hence we need support from everyone. Yes, real estate for everyone and not just for the selected few, so that everyone can get the rewards from this top asset class.
About LABS:
LABS is a digital investment platform that provides access to fractionalized property ownership and enables the continuous trading of real estate assets-backed tokenized shares on a regulated security exchange.
LABS uses blockchain technology and smart contracts to ensure complete transparency over a borderless ecosystem where property developers and investors can interact seamlessly and with unprecedented efficiency.
Real estate and blockchain professionals have brought together their expertise to devise an ecosystem of services that make property investment more accessible, more secure and more liquid.
For more information on LABS, feel free to follow the socials below:
Originally published at https://greatdropcrypto.medium.com on January 18, 2021.
