Instant Assets Tokens (IAT) - The revolution of the real estate industry with Blockchain technology

Introduction
The story of Philippine Real Estate is one that many investors have found promising. Gross yields for property investments in the Philippines are the highest in Asia, making it the “most attractive” location for foreign investors in the region, according to property management and research firm Colliers International.
In the Q2 2017 Global Cap Rate Report released by Colliers International Valuation and Advisory Services (CIVAS), office spaces in the country yielded the highest growth of 7.7 percent compared to other gross yields in Asia which only ranges from three to five percent.

IAT plans to take a leading role in all facets of real estate locally and hopefully globally to make this a reality, starting with disrupting the rental and property market and tokenizing large real estate assets
The IA Tokens concept aims to revolutionize the real estate industry using Blockchain technology through the development of the IAT Platform. Funds raised from this ICO will be used to develop the IAT blockchain and the asset management will be undertaken by our existing management company that is currently operational. The Platform will cater to the Philippines market first and we look to expand into other developing markets in Asia.

The company will use the proceeds from the sale of the tokens to purchase real estate in the commercial and residential sector. The properties purchased by IAT will be digitized and organized into legal holding structures. This will serve as the first pool of assets that can be transacted over the IAT blockchain.

The country’s current administration has also committed to various infrastructure, road improvements and major master planning for the coming years. As such, we are expecting growing demand from the population of the Philippines which is over 100 million with another estimated 10 million of Overseas Filipino Workers (OFWs) who are remitting close to US$30 billion back annually.

How does the IAT work?
There are two types of tokens that serve the solution provided by the company.

Instant Asset Token (IAT)
It will be released through the ICO process on the Ethereum network and will become a compatible ERC-20. Funds obtained from this ICO will be used to develop IAT blocks and assets will be acquired to form most properties in the IAT ecosystem. There is a total inventory of 4,500,000,000 tokens and will be pegged to US $ 0.01 per token.

Original Instant Asset Token (NIAT)
This will be a localized token of the IAT as it will only be used in any real estate market and pegged to the country's original currency. To protect investors from the volatility of the cryptocurrency market, NIAT will not be printed on its own but can only be purchased using IAT.

Tenants can pay their rent with NIAT and receive a discount. The company will also seek to bring in various trading partners into the IAT ecosystem so that NIAT can be used for merchandise goods and services.

NIAT can also be used to purchase assets in the IAT ecosystem and token holders may choose to use NIAT to make payments for asset management services or involve tax advisory services, attorneys or legal counsel.

In cases where commissions must be paid to a property agent, the token holder may choose to pay commissions with NIAT. The asset owner may also choose to receive rental or sales results in the form of NIAT after registering the assets on the web portal.

In other words, NIAT will be the currency that drives all transactions that occur in the IAT ecosystem. To provide liquidity, the company will continue to look for various token utility channels to reduce the token supply and will order some of the funds collected to create a liquidity pool for NIAT purchases using IAT.

IAT Tokens Utilities & Benefits
The IAT ecosystem encourages the use of NIAT for various benefits and this section shall explain in detail the different channels:

Rental Payment
Tenants are encouraged to use NIAT for paying rent and rate reduction will be provided.

Partner Merchants
The company will be looking to bring in various merchant partners into the IAT ecosystem to increase the avenues of usage. One such merchant is “Beacon Cloth Care” who is providing laundry services, there are currently 2 outlets in Makati and the merchant has plans to expand the operation to a total of 100 outlets by the end of 2018. NIAT will be used to prevent volatility in the cost of the merchant’s goods and services.

Purchase of Assets
NIAT can be used to purchase assets and resides within the IAT ecosystem.

Payment for Asset Management Services
Tokens holders can opt to utilise NIAT to make payment for our asset management services. Further discount on the fees will be given to encourage the use of NIAT.

Payment for Furnishing
Tokens holders can opt to utilise NIAT to make payment for purchasing items for furnishing their asset. Further discount on the fees will be given to encourage the use of NIAT. NIAT will be used to prevent volatility in the cost of the merchant’s goods and services.

Payment for Tax Advisory & Services
Tokens holders can opt to utilise NIAT to make payment for engaging the services of tax advisors. Further discount on the fees will be given to encourage the use of NIAT.

Payment for Legal Services
Tokens holders can opt to utilise NIAT to make payment for engaging the services of lawyers or legal advisors. Further discount on the fees will be given to encourage the use of NIAT.

Payment for Agents/Brokers Commission
In the event where commission is required to be paid to the agent/broker, tokens holders can opt to pay the commission of their agent/broker with NIAT.

Listing of Assets for Sale or Rent
Tokens holders can opt to use NIAT for paying listing fees when they list the assets on the web portal. The company will provide discounts on the fees if NIAT are being used. Listing may be initiated by either agents, brokers or individual owners.

Receiving Rental/Sale Proceeds
Asset owners can opt to receive rental or sale proceeds in the form of NIAT. The IAT ecosystem will also allow the asset owner to provide a slight discount to the tenant or buyer as an incentive for utilizing NIAT for the transaction.

Receiving Commission for Agents/Brokers
Agents/Brokers can opt to receive their commission in the form of NIAT. The IAT ecosystem will also allow the agent/broker to provide a slight discount to their clients as an incentive for utilizing NIAT for the transaction.

IAT Tokens
IAT will be issued via a Token sale with a total supply of 4,500,000,000 IA Tokens. The price of the IA Tokens will be pegged to US$0.01 per token, ETH and BTC will be accepted. Value of tokens for sale will be US$20 million (inclusive of Early Investors, Pre-sale and Crowd-sale) with distribution according to the table below. Unsold IA Tokens (cap at 40,000,000 IA Tokens) will be given to charity organizations and remaining IA Tokens will be burned. Pre-Sale will commence in early April with the crowd sale subsequently commencing in 15 June 2018.

Token Info:

Platform - Ethereum
Type - ERC20
Price in ICO - 1 IAT = 0.01 USD
Tokens for sale - 2,000,000,000
Min. investment - 0.1 ETH
Accepting - BTC, ETH, Fiat
Distributed in ICO - 44.44 %
Soft cap - 1,000,000 USD
Hard cap - 20,000,000 USD

Reserved Tokens
The allocation of reserved tokens is targeted at increasing the overall portfolio value of the company by acquiring more assets mainly targeted at the co-working space segment. However, the reserved tokens will only be released and made available for usage when assets acquired from utilising the funds of the initial tokens sale has reached a minimum of 50% occupancy rate.

Funds Allocation

Soft Cap Allocation
Development of the web portal and various functionalities to cater to the wide range of features and services. Creation of a wallet function for token holders to store IA Tokens for direct usage on the web portal.

IA Tokens Break down
• 2,000,000,000 Tokens
Purchase/Development of assets (Unsold tokens cap at 40,000,000 will be given to charity
organizations with the remaining being burned)
o 70% will be allocated for immediate assets acquisition
o 20% will be allocated for the liquidity pool
o 10% will be allocated for expansion, acquiring of agents/brokers and individual users
accounts, hiring and development of the web portal.

• 1,500,000,000 Tokens
Reserve held for contingencies and future expansion
o 60% of future acquisition of assets
o 20% will be allocated for the liquidity pool
o 20% for continual growth and development

• 600,000,000 Tokens
Marketing, operations, bonuses & bounty programs

• 400,000,000 Tokens
Team, Advisors & Legal
This ratio will be maintained in accordance with the final amount raised.

Pre-Sale Bonus (Early April 2018)
• Minimum 1 ETH
• We will announce the bonus at a later date.

Crowd Sale Bonus (15 June 2018)
• We will announce the bonus at a later date.

The Business Growth Strategy
We have currently shortlisted projects, where at least 100 asset owners are keen to sell their properties with the total value of the assets, amount to an estimate of US$10 million. This is excluding commercial properties which we will be looking to acquire as well.