DirectHome Announces World’s First Decentralized Real Estate Platform with CashBack and Token Rewards
| Updated by Maria Konash · 3 min read
Top ranking global real estate platform DirectHome adopts blockchain tech to become the 1st and only in offering cashback program.
DirectHome, a leading Singapore company founded by Kiegan Chia with pending patent number 10201803142V, has announced the development of a unique decentralized, crowdsourced, transactional online service platform that gives buyers, sellers and seekers of real estate properties the opportunity to transact and rent on its platform.
Developed on Ethereum and compatible with any ERC20 blockchain, DirectHome leverages smart contract, avoiding real estate agents or middlemen, to reduce transaction costs and facilitate seamless exchange.
The company has its own proven platform that has transacted more than $350 million in property value, meaning the current integration with blockchain technology will allow users to adopt the native directory tokens developed by DirectHome. The company also aims to further expand its market globally, starting from South Asia and Australia before branching out to United Kingdom and then the United States due to the easily transportable model of its platform structure.
First and Only Platform Offering Cashback Program
DirectHome is the world’s first and only platform to facilitate cashbacks, a very valuable and critical feature distinguishing the platform from other competitors. This feature will first be implemented in Singapore before being rolled out globally.
DirectHome prides itself as a company that specializes in unique ideas, backed by a deep understanding of the nature of real estate, both locally and globally, and the ambit of blockchain technology. The company’s main goal is to do away with the need for realtors in real estate value exchange, as well as to make it possible for direct payments to occur from developers to buyers.
DirectHome also boast a crowdsource contributory platform that rewards its contributors when a value adding real estate is uploaded or proposed to the platform, which together with the aid of the public and community contributions, supercharges the building of the platform globally.
DirectHome’s Token Generation Event (TGE)
DirectHome’s Token Generation Event (TGE) differs from other crypto crowdsale events employed by blockchain startups due to the fact that it goes further than a vision and a beautiful roadmap. The company has developed an existing business, which bases on a successful and profitable model.
DirectHome will leverage its TGE to expand its scope of service through milestone achievements. The crowdsale event has been soft capped at a modest $3,000,000 with 1 DIREC (project’s native token) = 1 USD (actual exchange rate for ETH to be set prior to launch). The event has been scheduled to start on 15 May, 2018 (12:00PM Singapore Time GMT +8) and end on 15 July, 2018 (11:59 AM Singapore Time GMT +8), offering general public the opportunity to participate and become the part of the real estate revolution.
The generated funds will be utilized for the complete development of the platform including IT Developments, operations and administration, marketing and sales, International expansion, bug. bounty program and development fund.
Participants, who wish to contribute towards a decentralized real estate development, will be thrilled to know that DirectHome is much more superior to virtually every other real estate. Its world-class team comprises of the Vice Chairman and CEO of HNA Group (International Company limited): Wang Shuang, and Jin Chensu: MD, Cyrius International Pte Ltd. With DirectHome’s Advisors that include Daniel Teo: Chairman, Hong How Group and former President of FIABCI and REDAS, John Gaw: CEO, LandConsult and former Deputy Commissioner of Lands, Singapore Land Authority and Michael Chan: former MD, Bank of New York Mellon.
Being a successful graduate of Belarusian State Economic University (BSEU), Maria has acquired competencies in economic and social studies. Given Maria’s previous research working experience, and desire to explore what's really shaping the future, the main research focus is placed on FinTech and Blockchain Technology.