Funding Goals Achieved, Focus Turns to ICO Launch on September 7
August 15, 2017 – Today ATLANT (Atlant.io) announced the successful completion of its ICO presale, raising over $1 million in just a few days, exceeding its funding objectives. ATLANT is ending its ICO Presale on August 19, 2017 at UTC 00:00.
Investors are welcome and encouraged to participate until that time. Full presale details are available at ATLANT’s website, Atlant.io.
ATLANT will now focus on its ICO (Initial Coin Offering) which will launch on September 7, 2017.
“The ATLANT Platform has significant long-term potential to positively impact the global real estate market in multiple ways”, said Julian Svirsky, ATLANT CEO “And the funding we anticipate from our ICO will help us build out our complete solution quickly, while also creating a global community benefiting from tokenization of the world’s largest asset class.”
The core features of the ATLANT platform provide revolutionary capabilities in terms of security, efficiency and profitability in the global real estate market. ATLANT is planning its platform launch in March 2018.
ATLANT’s blockchain platform provides a secure, tamper-proof system enabling platform users to trade parcels of property without traditionally prohibitive costs and inefficiencies. Its Peer-to-Peer (P2P) transaction features will allow users to bypass intermediaries in rental deals, which will enhance ease-of-use and security for guests and hosts alike, improving user experience, reducing costs, and driving accelerated adoption.
The ATLANT platform will also enable the financial subdividing of individual parcels of real estate by tokenization, and ATLANT will subsequently list them on exchanges via PTO (Property Token Offering), starting with the decentralized ADEX exchange, based on Ethereum smart contracts.
The ATLANT platform will ease transfer of ownership, simplify fractional holding without minimal constraints, alleviate tax inefficiencies, make cross-border transactions simpler, and eliminate the substantial overhead faced in certain jurisdictions due to bureaucracy and unnecessary intermediaries.
Starting in December 2016, ATLANT began working with leading experts in finance, real estate, emerging markets and scientific fields to develop the ATLANT platform. Please see the current ATLANT roadmap for further detail on the ICO and platform launch.
For a comprehensive technical and market overview, please see the current version of the complete ATLANT White Paper.