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C Estates

Making Real Estate Easy For Everyone

C Estates connects people around the world to seamlessly transact and conveniently buy and sell real estate properties. Whether to verify a document, confirm notarization, validate asset’s ownership, buy or sell a property or finding someone to manage properties, C Estates has got everything you need to do your business in one place.

4.1
3 2 expert ratings
Benchy 4.4
KYC
Experts
3.8
3.4
3.8
Review: coming soon PRO

49 days 10 hours left
2019-10-31 - 2019-12-31
Token
XCET
Type
IEO launchpad
PreICO Price
1 XCET = 0.006 USD
Price
1 XCET = 0.012 USD
Bonus
Available
Bounty
MVP/Prototype
Platform
NEM
Accepting
ETH
Soft cap
5,000,000 USD
Hard cap
38,000,000 USD
Country
Whitelist/KYC
KYC
Restricted areas
Afghanistan, Bosnia And Herzegovina, Cayman Islands, Democratic People’s Republic of Korea, Ethiopia, Iran, Iraq, Pakistan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, Uganda, the United States of America, Yemen.
Visit ICO website
Report

About C Estates

C Estates’ backbone is Capitarise Corporation, a property management consulting company in real estate that established their expertise in pioneering cross-border transactions. They have a wide Japanese clientele and pride themselves to being fast, efficient and professional in bridging foreign businessmen to invest in the Philippines. To date, Capitarise has sold more than 2,500 properties to its exclusive foreign clientele in partnership with Megaworld Corp. and supported by the Philippine Retirement Authority.

For more than 10 years, they have supervised and facilitated numerous local and foreign clients in acquiring real properties and condominium units in the Philippines. Capitarise Corporation developed C Estates, Combining real estate, concept of stock market and technology, to streamline the efficiency of doing real estate transactions real-time.

C Estates is the Philippines’ first smart digital investment platform for real estate. Similar to the digital trading of stocks and financial instruments, users may buy and sell verified property completely online, closing deals instantly with lower cost compared to the traditional process. With the use of utility tokens (XCET) to facilitate and validate online transactions in the platform, C Estates gives users the option to trade real estate-backed tokens as fractions of its price, or as a whole. This is made possible through blockchain technology to provide fast, low-cost and secure transactions that will greatly contribute to the liquidity of the Philippine real estate industry.

Team Story

Started in late 2017, we had a discussion of combining the previous businesses together which are; online gaming and real estate. The concept is just like online casinos wherein the money doesn't leave the "house". It sparked the question, "what if we treat real estate like online gaming wherein properties doesn't leave the platform and can still be transacted anytime and anywhere?" For over 11 years of doing traditional real estate business, we've been a witness of how tedious real estate processes are in the Philippines. From the manual documentation procedures up to the issues with remittances, we've experienced it all. That's why we decided to shift the business from traditional real estate into a property technology platform because we believe that everything is going digital -- and real estate is not an exception. For over a year, we've gathered up reputable team members that helped us develop the product in order for us to achieve our goal -- which is to make real estate easy and accessible for everyone providing fast, low-cost and secure way of doing real estate transactions. Starting this journey is very difficult because we are challenging one of the most traditional industry. There's a lot of resistance from real estate stakeholders and from regulators, but difficult doesn't mean impossible. Now, we are about to launch our product, we've got traction from the industry stakeholders and gearing towards becoming the first ever Digital Asset Exchange in the Philippines.

Business model

The revenue for C Estates will be coming from different channels:

  1. Recurring fees from Asset/Property Management and Advertisement
  2. Transaction fees for using the platform both for buying and selling
  3. Service revenue for one time fees such as due diligence and processing fee
  4. Project based revenue from the margin of acquire-renovate-sell model of below market value and foreclosed properties

Key Features:

  • Leveraging Industry Experience and Initiative for Compliance
  • Buy fractional shares or ownership of Philippine properties
  • Earn rental income based on the proportionate share of the property token
  • Sell the tokens later at a higher price when property appreciates in value
  • Choose a variety of property tokens (sale, rent, crowdfunding, timesharing or landbanking)
  • Properties are fully verified with complete information and appraisal
  • Team comprised of leaders in the real estate industry
  • Founded by Teruo Sumida of Capitarise (one of the biggest investor-focused property management firms in the country), known for selling over 2,500 Philippine properties to Japanese investors
  • Partnerships with Philippine real estate key players and influencers
  • Security and compliance assured through legal representation working with related Philippine government agencies (SEC, BIR, Registry of Deeds, etc.), and through Securitize for international compliance
  • Fiat onramps and asset-backed tokens

Technology

By combining blockchain, big data and analytics and bridging the gap between traditional real estate and cryptocurrency, C Estates provides a secure, low-cost and more efficient way of doing real estate transaction. It integrates data verification that is secured via blockchain with complete audit trail that will ensure authenticity and accuracy of transactions, digital wallets that secures payment both fiat and crypto, access to multiple real-estate backed tokens for investment, data driven insight for investments decision making, secure personal data vault and local and international compliance.

The product is about to be launch in the Philippines initially and will eventually become available in the neighboring Southeast Asian countries.

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ICO KYC Report
2 members invited
Teruo Sumida
Passed
Marco Angelo Mejia
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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