INTRO TECHNOLOGY

INTRO TECHNOLOGY

INTRO is a BI (Business Intelligence) system for the participants of off-plan development – builders, investors, homebuyers, banks and other agents.

INTRO IT products provide access to advanced market analytics for industry professionals as well as for private homebuyers. The register of under construction objects and investors’ contracts are stored in the blockchain, which in turn receives data from official state sources. This allows for effective market analysis without violating the proprietors' rights to personal data protection.

INTRO system users will be able to find the most attractive off-plan properties in dozens of countries and invest in the ongoing construction under smart contracts. The blockchain ensures reliability of the information about the building plan and transaction security, while avoiding costs of intermediation by real estate brokers, lawyers or profiteers. Smart contracts enable the users to save up to 30% on property investment.

What problems does the INTRO system solve?

No unified register of under construction properties Our system includes a dynamic database of the off-plan properties.

Data on off-plan property deals in state registers is not structured The automated linguistic analysis is employed for data tokenization. Then the property ownership records are matched with building plans with the use of AI technology. This way, the system detects and corrects errors caused by the human factor or changes in building designs.

No register of apartments, parking lots and commercial properties under construction The system analyses floor plans of under construction buildings. Each off-plan property can be found on the plan and marked as “sold” when its developer cedes property rights to the investor. This allows for instant monitoring of sold and stock properties.

No control mechanisms for stages of off-plan construction A special module in INTRO checks the relation between investment volume and construction phase.

Off-plan investors lack access to the investment records that influence their interests INTRO users can access the anonymized state records on off-plan development agreements. It helps investors and homebuyers to find a reliable developer and profitable property.

Developers often suffer cash flow gaps during the construction cycle The module for private property auctions allows developers to quickly sale off properties and close cash flow gaps without damaging the general sales plan.

How it works

— Data on the off-plan objects and share participation is loaded from the state accounting systems into the distributed register. In Russia, data is loaded from Rosreestr (Federal Service for State Registration, Cadastral Records and Cartography) and the departments of the Ministry of Construction and Architecture.

—Transactions data is anonymized and stored in the block chain with regular uploading of new deals from departmental sources. Today, the data in the INTRO system is updated every month.

— Based on the received data, INTRO generates market metrics. The main indicators are sales dynamics, market shares of the companies, stocks of off-plan property, competition by any location and layout type.

— In Russia, the information from INTRO is received by representatives of dedicated agencies, developers and investors. It allows avoiding excessive construction development in a separate location or construction of illiquid objects (for example, apartments of unattractive layout).

— Aggregated data comes to other IT products of the system that are intended for private investors, real estate brokers and home buyers. INTRO users do not need to scrutinize official documents or pay for this to an intermediary. The products of the system are designed to ensure that any investor can conclude a lucrative contract with a reliable developer

Scopes of application

Distribution of the money received in the course of Token Sale

INTRO Token

On sale    =>      one INTRO Token costs $0.40
Total produced tokens      =>    200 000 000 ITR
Maximum goal (hard cap)      =>   15 million USD
Minimum goal (softcap)      =>   3 million USD
Token price      =>   USD 0.40 (40 US cents)
Token code      =>   ITR
Minimum purchase per one person      =>   12 USD
Maximum purchase per one person      =>   5 million USD
Pre-sale      =>   2 million ITR
Pre-ICO      =>   10 million ITR
ICO      =>   148 million ITR
Accepted fiduciary currency      =>   EUR, USD
Accepted crypto-currency      =>   BTC, ETH, LTC, DSH, BCH

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