Last year the real estate market garnered more than $400 billion in investment dollars. More than $150 billion was spent by Chinese investors buying property outside of China. Cross-border real estate investment has grown exponentially over the last 20 years.

Blockchain has advanced international transactions. One currency for all transactions that can be exchanged for many currencies. The fact that cryptocurrency has two uses, as value tokens and as utility tokens, makes it that much more attractive to buyers and sellers. It also takes out the middleman since it doesn’t need a central bank.

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One real estate company has decided to merge blockchain and the real estate market. Qwikwire is designing AQWIRE. AQWIRE is a blockchain platform built for international real estate transactions. It gives brokers and property developers access to foreign markets.

Qwikwire Inc. is based in San Jose, CA. They are the leading cross-border payments platform for real estate transactions in Southeast Asia. Qwikwire started in 2016 with 2 clients, and grew by nearly 30% month-on-month for the next 12 months. In May 2017, the company tripled the size of their team and moved to a larger office.

AQWIRE will allow brokers to sell or book discounted properties to customers and travelers anywhere with Smart Contracts. It connects buyers to brokers and developers all around the world. The platform will be accessible for rentals and time-shares as well.

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The AQWIRE (QEY) token is a utility token that will allow access to the AQWIRE platform’s specialized services. These services include detailed regional real estate market ROI reports, live data and trends, and partnership level real estate deals exclusively available on AQWIRE.

Blockchain’s public ledger simplifies validating transactions and verifying buyers. Identity theft and fraud have grown significantly over the past few years. So much so, that governments have anti-money laundering (AML) and know your customer (KYC) laws. AQWIRE will employ a third-party service that specializes in KYC over the blockchain.

AQWIRE will not charge fees for listing properties on the platform, only when a sale is completed. The bulk of AQWIRE’s profits will come from transaction processing should someone decide to buy or rent a property on the platform. The higher the purchase amount, the lower the fee will be.

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The QEY (pronounced ‘key’) token is an ERC-20 token serving as the utility coin for the AQWIRE platform. The purpose of this token is to open real estate market reports, see live data and trends on real estate investments, get discounts on monthly property payments, access to exclusive AQWIRE property investments, and access to rental properties on the AQWIRE platform.

There will be a total of 250 million QEY tokens. 100 million of them will be sold in the initial coin offering. The other 150 million will be used in the marketing of the ICO. During the ICO, QEY will be approximately $.15 each, with a 15% bonus during the pre-sale. The ICO will last until July 31, 2018.

AQWIRE Website