SMARTRealty Launches Contract Platform & ICO

The smart contracts can be utilized for buying and selling assets, tracking payments, arranging rental contracts and setting the terms of an agreement.

Seattle-based SMARTR Solutions LLC has launched its initial coin offering (ICO), while also integrating smart technologies with cryptocurrencies and blockchain tech.

SMARTRealty intoduces three primary elements, including the SMARTRealty contract platform, which features a template system that allows contractors to create their own smart contract, fitting the needs of specific transactions, while also complying with local legislation. The second element is the SMARTRealty listing platform, which allows owners to list their assets, while also distributing these listings to third parties. The company also launched the RLTY tokens, which can be used to pay for smart contracts.

The ICO price of a RLTY token is equal to 0.0008 ETH and participants can buy RLTY using either BTC, ETH, BCH, LTC, ETC, USD, EUR or ADA. Moreover, the company is also offering a 40 percent bonus for the first two weeks of the ICO period.

The SMARTRealty smart contracts can be utilized for buying and selling assets, tracking payments, arranging rental contracts and setting the terms of an agreement, such as dates of payment, length of the contract or penalties for non-compliance.

“SMARTRealty is revolutionizing the real estate industry by applying smart contract technology to common real estate transactions such as rental agreements, property sales and more,” said Ernie Wong, co-founder of SMARTR Solutions, in a prepared statement. “SMARTRealty is building a smart contract template and management system for use with all common types of real estate transactions, as well as real estate rental and property sales platforms that interact with all the major real estate listing services on the web.”

Video courtesy of SMART Realty