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ICO Is Over
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Total 1500+ Worldwide ICO Investors & PartnersICO Distribution Completed
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Whitelisted buyers will get the opportunity to be the first to participate in the crowdsale with a 40% bonus and guaranteed volume.
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Palace Residence will push the real estate market to become truly peer-to-peer. The transition from a centralized system to a decentralized one must be smooth to mitigate implementation risks. The integrity of the Protocol can allow two parties to make a deal without the intermediation of a third party, or to use a third party when necessary.
Palace Residence Protocol will eliminate third-party brokers, lawyers and banks by adding them to the network or assuming their functions such as listings, document flow and payments. Standard registration of the title of deeds with notarized documents could take up to 30 days. A Palace Residence transaction will take less than 5 minutes.
Palace Residence has the potential to greatly reduce transaction fees by eliminating third-party intermediaries and overhead costs for exchanging assets (up to 30% of property price). The Palace Residence trading fee is 1% (a reduction of up to 30-fold compared to a traditional real estate transaction), which can be further reduced as the network grows.
Real estate owners get access to both fiat and cryptocurrency investors without traditional cross-country boundaries, which highly speeds up the property sales process. Property-specific token holders can trade them in the secondary market within the Palace Residence platform or wherever they want.
Fractional ownership enables purchasing real estate with a smaller ticket. Property-specific tokens are customized for each property and jurisdiction. Sellers receive a flexible sales instrument, and buyers can choose from a wide variety of real estate opportunities without traditional cross-country boundaries.
Ownership and transaction data is accessible to all peers on the network. It is stored in the distributed web and hashes are recorded to the blockchain. The distributed consensus is achieved via a proof-of-stake algorithm: buyers and sellers are empowered with control of their information and have more confidence in conducting transactions.
Your dream investment starts with the right people. Secure your family's future today and buy land in prime locations from the creators of The Palace Luxury Resort one of the largest 5 Star resort in Asia. We believe the right investment starts with the right people. Get in touch with us today to make your dream come true.Buy Tokens Now
Your real estate portfolio value
Low Entry Prices
The ability to buy a 1/1,000 fraction of a property makes it accessible to anyone. So investors can buy property with their small investment of money.
Low Transaction Costs
Traditional costs of up to 30% of property price are eliminated with Palace Residence tokenization. We keep the cost 1% only.
Palace Residence offers global investments for investors in real estate. So individuals and institutions can buy or sell fractions of properties without borders.
The Palace Residence team and advisors have more than $11BN worth of transaction experience in real estate. The diverse team background and expertise inspire breakthrough innovation.
Own Investment Portfolio
Even a small investor can diversify his/her portfolio by purchasing tokens of any property in USA, Japan, Bangladesh, China, Canada, Australia and some other countries of Asia & EU.
Security & Protection
Due diligence procedures prior to the property token offering and distributed storage of all the collected information provide additional protection.
*Based on assumptions of our financial model and $15m sale proceeds in base case scenario.
An owner wants to sell his/her property or any fraction of the property
A property is checked and appraised by Palace Residence Group
Palace Residence tokenizes the property virtually, dividing it into multiple fractions
Buyers purchase tokens representing fractions of the property
Various property-specific tokens are traded on Palace Residence Platform (the prices are set by the balance of buy-and-sell orders)
Token Name : PalaceResidence
Token Ticker : PRT
Total Supply : 404,365,000,000 PRT
Price: 0.0001 ETH (1 ETH = 10,000 PRT Tokens).
Softcap : 80,873,000,000 PRT
Hardcap : 161,746,000,000 PRT
Token Contract Address : 0xa617e4728f216009b86354797d8d2305d3380179
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