There a lot of small businesses, individuals and companies who are willing to invest in real estate but cannot. This is either due to the fact that they do not have enough money to buy/own them physically or do not know how to purchase or own them online. ABiT Crowd Real Estate tries to solve all of these problems.
ABiT Crowd is a real estate firm that brings people who have a small amount of money together and helps them own landed properties, houses, hotels and several buildings as a group.
In a nutshell, as an individual with as little as 5,000 Naira, you can become a real estate investor. By coming together with other investors with a similar amount of money to raise a required amount to purchase a real estate property.
So, for instance, let’s say 20 people crowdfund to own a land, they all share in the profit.
What Is ABiT Crowd Real Estate?
ABiT Crowd is the first blockchain-powered property and asset crowdfunding platform. It is dedicated to helping people with little capital and interest in owning real estate assets and properties all over the world get started by coming together to co-invest and co-own without going through the legal troubles and experience needed in sourcing and closing real estate deals.
Who Is The Founder Of ABiT Crowd Real Estate?
The founder of ABiT Crowd Real Estate is Gaius Chibueze. He is a pioneer bitcoin investor and popularly referred to as Bitcoin_Chief on Instagram.
Gauis Chibueze reportedly bought 100,000 Naira worth of bitcoin in 2011. And now, that’s worth millions of Naira. Today, he trades bitcoin and teaches people how to do so.
Additionally, he has founded several companies through the blockchain network. And one of them is ABiTCrowd Real Estate.
How Does ABiT Crowd Real Estate Funding Work?
ABiT Crowd Real Estate Funding brings people who have a small amount of money together and help them own landed properties, houses, hotels, etc as a group powered by blockchain technology.
And for the two persons reading this who don’t know what blockchain is. Blockchain is a record of transactions across several computers, that ensures that no transaction can be modified or altered. It is the technology behind bitcoin.
In other words, if you purchase a landed property with other investors no one can claim ownership of your share. This is because it has been recorded in a digital ledger (blockchain). And no particular investor can claim full ownership of a real estate property.
How Can I Become An Investor?
To become a real estate investor with as little as 5,000 Naira or more. Here are the steps to follow:
- Visit ABiT Crowd Real Estate official website.
- Fill in your registration details
- Pick the investment that fits your budget and click on ‘Buy Stake’ to invest
- Follow through the payment instructions and make a payment.
After you are done with all of these, your investment will be displayed on your dashboard. Also, you will be notified through your email weekly on how many slots are remaining in the property you invested in.
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Can I Opt Out Anytime?
ABiT Crowd Real Estate Funding makes it easy for investors who wish to quit an investment.
Once the slots are completely sold, the property will be bought and after that, you can monitor the growth in value of the property on your dashboard.
Whenever you wish to sell off your investment stake and cash out your capital and an increase in profit, just click ‘Sell Stake’ on your dashboard. It will automatically appear on the market page where there are ‘waiting buyers’ who will pay into your account. Ownership of your investment is automatically transferred to the buyer.
ABiT Crowd Real Estate is on the bleeding edge of technology. This is a good solution to online real estate investment especially for people with little capital. It also makes it safe and easy for beginners in real estate investment as it powered by the blockchain technology and you don’t have to go through legal troubles and stress in order to invest in real estate.
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