Investing in commercial real estate involves several intermediaries. The presence of these middlemen makes the whole investment business less transparent, sometimes more time consuming, less cost efficient and, importantly, can often conceal and negatively impact the optimum profit potentiality of direct investors
These inadequacies and inefficiencies have created the need for solutions that will simplify the way deals are done and optimize the commercial potential of such for direct investors in a fair and transparent manner.
That is where Evareium kicks into action.
The project is based on blockchain and uses smart contracts to eliminate the need for middlemen and create a direct, transparent relationship between the direct investor and their optimization of profit from real estate investment models. By putting middlemen out of the picture, the project will enhance the process and returns potential investing in commercial properties.
This feature is the result of the project’s genesis and fundamental utility; this article will consider the Evareium project’s analysis, its highlights, its ongoing ICO campaign, and why investors should look to put this project on their radar.
The project is a digital investment initiative that will shake up the entire multi-trillion-dollar real estate asset class through the application of blockchain technology. The project gained traction and was supported by different private founder investors during its first initial fundraising rounds; that was when the project touched its baseline critical mass. Since March 1, 2018, the project’s ICO sale has been live, with numerous global rounds of raising scheduled for 2018.
The ecosystem’s collective vision is to directly buy, finance, manage and mature the most compelling real estate investment opportunities, and continuously change and rotate the portfolio to ensure assets with only the strongest returns potential for investors remain, whilst those that have matured are exited into Evareium’s sister EVMREIT token.
This vision is underpinned by a profit-targeting, asset-backed business model that includes aims to incorporate token exchange; this exchange is envisaged to be designed especially for Evareium. Such exchange, further, is anticipated to provide a simple point-and-click interface with other token exchanges and different global coins. This way, the platform’s developers aim to ultimately allow tokens to be traded freely for a range of tokens and cryptocurrencies. Now, here is how the project will successfully unlock new opportunities in the commercial ecosystem.
Unlocking a vibrant market in the world of commercial real estate
The project uses blockchain-based funding to let token-holders access all the benefits existing in different real estate segments. The project’s team is positive that Evareium will open newer opportunities for its token subscribers in vibrant, unexplored real estate markets. The team working on the project has developed a deployment strategy that is backed by assets.
The chief strategy of the project is to target value-added and ‘core-plus’ realty assets in the GCC (Gulf Cooperation Council) region, with a concentration towards Dubai. The GCC region includes the United Arab Emirates, Saudi Arabia, Oman, Bahrain, Qatar, Kuwait, and other areas that show the potential to deliver phenomenal risk-adjusted, exciting returns.
The project’s genesis and the team behind it
Managed by exceptional professionals belonging to MENA (the Middle East and North Africa) realty, private equity, fintech, hospitality, and banking sector, Evareium is embarking on a path to revolutionize commercial real estate investment. The team has experience of more than 50 years in working for a range of high-level institutions that include The Abraaj Group, Bank Julius Baer, HSBC, and JLL.
The project was developed to procure, organize, finance, and manage real estate acquisitions in perpetuity. By doing so, the team aims to improve the returns-potential of an investor or token subscriber. The project has a robust business model that is backed by tangible assets and with the aim of introducing freedom to exchange tokens rapidly.
Since the project is investible, here is a rundown on its ICO’s highlights:
Evareium’s ICO facts and figures
The ICO’s aim is to achieve the set fundraising target needed for procuring lucrative commercial realty assets. The acquisition of high-yield commercial assets will be made keeping in mind the disciplined private equity philosophies. Some of the ICO proceeds will flow into deploying different business-refocusing strategies as well; these strategies will include business repositioning, operational improvements, energy savings, building remediation, and blockchain management.
Since the sale is already live, the project’s token, EVM, can be procured as at the date of publication. This security token is priced at USD 1, although certain bonuses and features may apply; overall, there are 150,000,000 EVMs planned to be issued (what are not sold or issued will be burnt). The ICO sale will finish in three predefined phases. The Evareium fund aims to raise up to USD 90,000,000 from the ICO and also via traditional sources of financing; there is no hard cap since EVM is an asset-backed model; so ‘the more raised, the more invested’ is Evareium’s mantra.
By selling these asset-backed security tokens, the project’s team aims to develop a strong portfolio having a variety of Smart Building projects. Once this portfolio is in place, the investors will reap available profits from the procured real estate. Because of this, the token subscribers are expected to experience significant underpinning of the intrinsic value of the token – unlike almost any other token available on the market today. Due to the project’s ICO and its highlights, it has certainly created buzz and gained an investor’s attention; with volatility in the crypto markets being a key feature of late, who can ignore the benefits of having Evareium in their balanced investment portfolio?