BIG Token Disrupts The Multi-Trillion Dollar Real Estate Loan Industry

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BIG Token Limited has developed a solution aimed specifically at providing financing to real estate developers who struggle to obtain funding for their projects.
Traditional banks prioritize the financially robust companies with the lowest risks to extend credit to. Smaller prime landowners and developers are underserved and in many cases, find that they have no access to credit.
BIG Token identified this challenge and solved this problem.
Traditional cryptocurrencies have no intrinsic value but BIG Token, the new cryptocurrency, disrupts the trillion dollar loan market as it is backed by land. BIG Token serves the underserved loan markets for Asian landowners, who are looking at developing their lands for commercial usage.

Traditional loan markets:
The traditional loan markets give minimal returns to depositors with very high-interest rates to landowners. Only financial institutions benefit from the transactions and the process is complex and no transparency to the depositors.

The BIG Revolution:
Much higher returns are given to contributors with lower interest rates to landowners. Both the contributors and landowners will benefit from the transactions, cutting out the middlemen. This is a simple and transparent process.

The tokens are backed by prime tangible assets that have real value, and BIG Token Limited has developed a robust lending system that removes the traditional financial/banking institutions and offers land sponsors access to funding against their properties. Compliance is ensured by Japan Ministry of Finance regulated entities.

Interest rates applied are below the rates of traditional banks and will allow land sponsors to borrow money cost-effectively against their properties at a minimum of 2% above the London Interbank Offered Rate (LIBOR).

Contributors, on the other hand, will pocket higher returns amid a record-low yield environment. Contributors will also have the added security of having their cryptocurrency investments backed by the prime physical real estate.

In addition, BIG Tokens will be accepted as a form of payment across all landowners for memberships, condominiums, and shops.

“BIG Token is opening up a blue ocean – democratizing the unserved and underserved lending markets that are struggling to obtain traditional bank financing due to a lack of operating cash flows,” said Ms. Yen Ong, Spokesperson of BIG Token Limited.

 

More on BIG Token’s key attributes:
1. Every face-value dollar of BIG Token at issue price is backed by a dollar in equity of real estate.
2. We have made a commitment to buy back tokens from our contributors. This will be starting one year after the completion of the ICO.
3. Compliance administered by Ministry of Finance regulated subsidiary of BIG Grp.
4. A token with genuine utility and intrinsic value.

Our website at https://bigtk.io holds further details on how BIG Token’s benefit to both land sponsors and contributors.
For more information, click here for a thought leadership piece on how BIG Token is disrupting the traditional loan market in Asia.

For more information, please contact:
Ms. Yen Ong
Spokesperson BIG Token Limited
Mobile: +65 9139 9483
Email: [email protected]
Website: www.bigtk.io

Mr. Stephen Lee
Spokesperson BIG Token Limited
Mobile: +65 8189 1542
Email: [email protected]
Website: www.bigtk.io
Company Name
BIG Token
Company Size
Company Contacts
Ms. Yen Ong
Spokesperson BIG Token Limited
Mobile: +65 9139 9483
Email: [email protected]
Website: www.bigtk.io

Mr. Stephen Lee
Spokesperson BIG Token Limited
Mobile: +65 8189 1542
Email: [email protected]
Website: www.bigtk.io

 

 

 

Disclaimer :The opinions communicated in this article do not represent the views of Coindelite or any of its team members. Coindelite is not responsible for the reliability of any of the data provided in Sponsored Stories/Press Releases, for example, this one

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