Intro ICO: Company Review and ITR Token News Updates
Intro ITR ICO: Blockchain Real Estate Market Analytics & Tools?
Intro is a new ecosystem that was created for the real estate market. The company has created two products, Intro Analytica and Intro Sale, that are already available for whoever wants to use them and it is also currently having an Initial Coin Offering (ICO).
What Is Intro?
Intro was created to allow people on the real estate market interesting new possibilities like buying objects directly from builders when they are in auctions with a discount of 30% and accessing official data on documentation about construction and property.
All the investments that you make by using the Intro ecosystem are verified via smart contracts without intermediaries or commissions, so the company is considerably safer and even less expensive than the other traditional options for you to invest in this market.
The Intro Ecosystem
Intro Analytica is a program that was created as an artificial intelligence to analyze the real estate and the construction market. The AI technology is used to process the data and you can pay for the services that you use on the platforms with INTRO tokens.
This product is currently available as a program on a web and it is being used on the Russian market since 2017. After the ICO, the company intends to grow its operations to other countries and will use more data about them soon.
Intro Sale, on the other hand, is a platform that is not used for analysis, but for sales. By using this platform you can participate in auctions for real estate properties and get discounts. The platform already has more than 200 property brokers in Russia at the moment of this report. INTRO tokens will also be used to participate in this program.
Other two new programs that are going to be launched soon are Intro Restate and the Intro Coinvest. Intro Restate is a platform for property purchase by installment payments at 0% interest, while Intro Convest is a social network that can be used by investors who want to create connections in this market and invest together in real estate.
Intro Blockchain Real Estate Market AnalyticsFeatures
This platform will be a place for all the interested actors in the real estate market. Investors will have a wide range of options, homebuyers will be able to check records and buy houses with discounts that can range from 10 to 30%; authorities will be able to oversee construction, property developers to analyse the market trends and attract new investors for their businesses.
Intro will also allow banks and companies to analyse the current demand for services like mortgages, construction materials and business. Real estate brokers will also find many business opportunities here and will be able to understand the market better.
The company intends to offer many advantages for its users like absolute market transparency and open access, so they will know that they are never going to be fooled by the company and will see real statistics that are unchangeable and will be on the blockchain forever.
The company will offer a high profitability for brokers and home loans that can have as little as 0% interest over the course of three years. You can also buy a shared ownership of a house via the tokenization of the asset and co-invest in construction.
Intro ITR Token ICO Details
Of a total of 200,000,000 INTRO tokens, a total of 80% of them will be sold in the Initial Coin Offering (ICO). Each INTRO token costs 0.40 USD. The soft cap of the sale is $3 million USD and the hard cap is 15 million USD. EUR, USD, BTC, ETH, LTC, DASH and BCH will be accepted at the sale. All unsold tokens will be burned.
The ICO is currently in its first phase, which has a bonus of 25%. This phase will last during June. In July, the bonus will be 20% until July 15, when it decreases to 15%. The next phase will begin in August, which has a 10% bonus until August 14 and no bonus after that. The sale ends at the end of the month.
The funds that will be raised via the ICO will be used on the following parts of the business: 25% for production development, 20% for legal services, 20% for marketing and sales, 7% as team bonuses, 7% to market research, 8% to infrastructure, 8% for licensing fees and 5% for additional costs.
Who Is Behind Intro?
The main personnel that works at Intro is composed of Oleg Obolensky (co founder and CTO), Kirill Badikov (founder), Denis Vechkanov (co-founder and CEO), Tuhina Rathi (business development consultant), Aleksandr Lazarev (sales manager), Timur Zaynullin (head of government relations), Denis Smoliar (leader of development), Alexander Kolesnikov (head of marketing) and Diana Imamgaiazova (head of communication).
The most important consultants are Jason Hung, Amarpreet Singh, Akil Mohammad, Vivek Singh Rana, Marat Valiev, Dinar Semenov, Valerii Koliada and Sergey Surkov.
Intro Verdict
Intro seems to be one of the most versatile and complete platforms for real estate investing that we have seen so far. While it is certainly too early to tell if the company will have the same success abroad that it had in Russia, it can definitely be considered a relevant player in the market.