We invest in real estate that can generates passive income for you R E P A H I T I H W. 1 P a g e

Transcription

1 We invest in real estate that can generates passive income for you R E P A H I T I H W 1 P a g e

2 Vision Property fund invests in the most prospective real estate in Thailand with great dividend payment to all ICO participants Mission 1. To invest in real estates with great dividend payment. 2. To purchase Websites or Digital asset of real estates. 3. To develop a secure Token. 4. Faithful to investors. 5. To do by following the Road map. 6. To promote EST Token into the exchanged markets. 2 P a g e

3 Introduction Currently, Thailand enters into eras of Thailand as government has a policy to support and develop basic infrastructure in the country to be equally international standard. They also encourage innovation to expand economy with the aim to become a sustainable and wealth economic country. Consequently, tourism industry can be taken a benefit which can increase numbers of foreigners who will come to Thailand with purpose of travelling and staying in term of Long Stay 2. Especially in the area of Chachoengsao, Chonburi (Pattaya) and Rayong province, government has instituted the project which is name Eastern Economic Corridor (EEC). The aim of this project is to establish and develop these areas to accommodate foreigners who would like to stay in Thailand in long term. Therefore, the most areas of EEC project are located beside the beach and have many places to visit in both natural attractions and colors of the city. Moreover, convenient transportations are provided including international airport in both Suvarnabhumi and U-Tapao airports are located near EEC area. In terms of health care, there are numbers of large private hospitals also foreign elderly care facilities which most staffs are excellent in English and Japanese communication. As mentioned above, many numbers of real estate companies both locate in Thailand and aboard have invested in villages, houses, apartments and condominiums. These properties are accommodated by which will service for foreigners who would like to stay in Thailand in long term. In addition there are also offering the return to people who are the owner of real estates in form of dividend payment. Generally speaking, this market is known as a passive income which generated a great return to many small real estate investors in Thailand. Consequently, we have seen the vision. If everyone can own the large numbers of value assets which have a great dividend payment, it will be more opportunity to create a passive income for the investors who are participants in form of digital share. 3 P a g e

4 Therefore, we formed a group name s Estatecoin.fund. A group of people who have a good knowledge of real estate investment in the Eastern Economic Corridor area. Moreover, they have ability to create a Token on Ethereum Smart contract platform and also expertise in online marketing. Real Estate Coin(EST) which is created by Estatecoin.fund team will perform a real estate searching which are suitably designed for the foreigners who are willing to stay in Thailand in long term. Also the commitment of this project are, generated a return in form of dividend payment and completely provided a managing service of real estate. Thereby, the Real Estate Coin (EST) is established in the total 14,000,000 EST with a minimum market capital at 1M and a hard market capital at 14M. All investors who interest in the idea and believe in Estatecoin.fund team, can purchase EST coin on the ICO date. Alternatively, you also can purchase EST coin on Pre-ICO date which the token price will be discounted. The project developers will do the best duty to execute our project to succeed along with all objectives including dividend payment to all participants within time frame which informed by our whitepaper. If we cannot raise the fund at least 1 M, all types of payment will be returned to investors 3. These are agreement that we provide to those who are EST coin buyer. 1. Thailand 4.0 means a new vision and economic model aimed at pulling Thailand out of the traditional economy stepping into driving economy by innovation. Thailand is consisted of 3 models as following below; Thailand 1.0 means Agriculture Thailand 2.0 means Light industry and low wages Thailand 3.0 (2017) means Heavy industry advanced machine Reference from: / Long stay means Elder people who was born in era of baby boomer, currently the number of elderly people more than 390 million and continually increased. These people require an accommodation where is located near hospital and have a convenience transportation. Reference from: stay- 3. To return Token to all investors will be occurred within 3 weeks after closing ICO date 4 P a g e

5 We sincerely hope that White Paper will provide the information clearly related to EST Tokens. Also our vision will have benefits for investors around the world, even some of them may have a little capital, can be able to join as part of a large project. By the way, we ensure that Estate Coin (EST) will become an ICO project which is following the agreement of Sincere mind and faithful to investors. Best regards, Co-Founder Mr. Narudol Pechsook Mr.Chaicharoen Yongmarnwong 5 P a g e

6 Content Introduction Content Intro Overview Token Introduction Sale Methodology Road Map Project Product Economy Consideration Awareness Team Future Work Conclusion P a g e

7 uuueencocetatwe.www Property investment Fund in Thailand (EEC Area) To invest in real estate. Real business development. The reward is dividend. Loyalty to investors ****************************************************************************** 1. Intro Overview Thailand is entering into eras of Thailand 4.0 which economy has been expanded by established and developed of innovation. Along 10 years, tourism industry has been promoted by a government thus the numbers of tourists are increasing sharply. In 2007, there are 14 million tourists visiting in Thailand while the expectation in 2017 is 34 million 4. The majority of tourists who come to Thailand, not only emphasize of travelling but also living in term of Long Stay. As a result of aging society, number of elderly people (more than 50 years old) are significantly increase in every year especially in Japan, South Korea and China. 4. Reference from : te2iel/itri/le/225-hrrp://lll.ipmissionptemihm./om/h 7 P a g e

8 These groups of people are looking for an accommodation to stay in long term which is also suitable for their self-care. Consequently, Thailand is one of the targeted countries. According to a research on a topic Influencing factors of Japanese tourists who determined to stay in Chaing Mai for a long term was found that,the main reasons are as following; 1. Sufficient facilities 2. High quality of hospitals 3. Nature environment 4. Good infrastructure and transportation With a high demand as mentioned above, government has searched an area that can be developed to be suitable resident of foreigners. Hence, Eastern Economic Corridor (EEC) project has been occurred. Since the project was launched, infrastructure has been developed a lot. Both local Transportation and international transport such as Suvarnabhumi and U-Tapao airports can accommodate the high volume of foreign tourists. Especially, in Chonburi province which is not only located in EEC 5 area but also has many interests of basic infrastructure that suits for living as following below; 1. Majesty Queen Sirikit Hospital (Srkhospital) 2. Watyanasangvararam Hospital 3. Bangkok-Pattaya Hospital (Private Hospital) 4. Sattahip Hospital Km Suvarnabhumi International Airport 6. U-Tapao Rayong-Pattaya International Airport 7. Motorway Bangkok-Chonburi Highway number 7 8. Hotels are located in tourism area such as Pattaya, Bang Sare and Suttahip district. 9. Luxury condominiums 10. Luxury villages 8 P a g e

9 In the near future, government is working on the High speed rail project name s Bang Sue-Map Ta Phut which is expected to be completed in It will be influenced directly to the travelers, who are coming for traveling and living by group tour and a private trip (backpacker), can easily access to this area. The advantages of EEC area as previously mentioned, especially in Pattaya and Bang Sare districts, there are many real estate projects which were established. In addition, most projects have offered an incentive to customers who invest in assets, by guarantee a return in the form of dividend payment also provide a professional team to manage customer s property in terms of renting business. Thus this is a passive income which directly occurred into investors account in every month. 5. EEC: Eastern Economic Corridor or Eastern Economic Corridor Project It is a foreign strategic plan under Thailand 4.0, which has been successfully completed by the Eastern Seaboard Economic Development Plan over the past 30 years. This project is an important part to develop the country. With an average economic growth of 8% per year until the momentum of Tom Yum Kung The establishment of 32 industrial estates supported 5,000 factories, the first deep sea port in Thailand at Laem Chabang and the development of infrastructure. As a result, the eastern region has become a major manufacturing base, including one of the largest petrochemicals production centers in Asia and the automotive and automobile parts hub, or "Detroit of the East." This is the original infrastructure. Combining the location with the advantage of being a logistics center of the region. The EEC project is a new hope for driving the economy in the industrial age of 4.0. Reference from: hrrp://lll.rhiiihro.ot.rh/2012/rh/nels/nels-periil.isp?nels_ip= P a g e

10 In this regards, we have seen the opportunity. As much as, we can increase the numbers of real estates that have organized the campaign of dividend payment, the value of returns in the form of sustainable passive income will be significantly increased. Thus, if we have money enough to invest in such assets, we will be able to create a good return to the owners investment portfolio which are going to participate with us. However the significant problems of foreign investors are; first of all, investment in Thailand requires a high capital which might be in the form as a company or formal permission. Secondly, lack of knowledge and expertise to analyze a property that can make a great profit in EEC area. Lastly, limitation of using Thai language which you may not understand the information clearly and effected directly to your investment. Summary problems of foreign investors as following; 1. Need a high capital to invest (more than 1,000,000 dollars per person). 2. Inability to analyze valued assets. 3. Limitation to communicate clearly in Thai. 4. Unlikely opportunity to access the dividend payment. Consequently, Co-Founder of Estatecoin has seen the benefit of using Blockchain system by creating a token and offering it into digital assets in the form of ERC 20 Token, would be the best solution to solve these four mentioned issues. Hence, Real Estate Coin(EST) was created by Estatecoin.Fund and the Token will be selling to investors who are interesting investment in EEC area. Token buyer will receive benefits as following below; 1. Investors can purchase Token by their own funds, without limit of capital. 2. To become an owner of Token that is invested in real estates in the real world. 3. Limitation of understanding Thai language is solved. 4. Buyers have the right to sell the Token in the exchanged markets whenever you need. 5. Buyers will receive a dividend payment, according to the specified framework. 10 P a g e

11 6. Easy method of investment by purchasing a Token and receive EST Coins through myetherwallet.com. Co-Founder is proudly to say that, if investors have decided to invest in the time frame that we set, we will do our best duty to execute the benefits as we promised. Definitely, this token is not masqueraded by receiving your capital and then shut down the project. Everything will come true, in the real world and you will receive the reward as described in the objectives below. Quantitative objective Fundraiser has to raise the amount of funds not less than 70% of total EST coins which is sold to the public during the ICO time frame (From Nov. 9, Dec. 9, 2017 at 7:00 pm, in total 30 days) During Pre-ICO period, fundraiser can contribute the Token in total amount 480,000 EST Quality objectives 1. ETH amount that we receive, will invest in real estates that can generate passive income immediately and payment a dividend as soon as possible. At the same time, it will be added value to the property by itself. Assets that are expected to invest including as; 1.1 To invest in a room or house in Pattaya or Bang Sare areas for rent in term of monthly/ yearly basis. 1.2 To invest in 1-2 units of apartments for rent in term of monthly / yearly basis. 1.3 To invest in one condominium for rent in term of monthly / yearly basis. Note: All Assets that we mean, are the available assets to use or nearly finish which have a special benefits agreement between the Estatecoin.fund and the owner of the project. (In the form of dividends or discounted price of purchasing). 11 P a g e

12 2. Promote EST Token into the digital exchanged markets at least one of exchanged markets, within 3-4 weeks after the closing date of ICO fundraising event. 3. The income which is received from renting assets, after deduction of operating expenses will be paid in form of dividends to ICO investors as prescribed framework. Co-Founder and project developer team have the most willingness to complete this project within the specified timeframe. All EST holders can receive benefit as we mentioned in the quality of objective items 2 and 3 is our purpose. The operation in our team is going with honest and fair mind set, to take into account the interests of all project participants. 12 P a g e

13 2. Token Introduction We considered to use the Smart Contract of Ethereum (ETH) by choosing the ERC20 standard which will be the best and safe contract for our investors. As mention below, this is specific information of coin that Estatecoin Team will create to use as a fundraising unit. Thus, buyers can trade in the digital currency on exchanged markets. Coin Name Abbreviation Number of supplied Tokens Coin Standard Features : Real Estate Coin : EST : 14,000,000 EST : ERC20 Delivery Token by the wallet (recommended): myetherwallet.com Coin Value Currency of the investment : 1 ETH = 285 EST : ETH Minimum Requirement (Soft Capital): $ 1,000,000 (1M) Maximum Requirement (Hard Capital): $ 14,000,000 (14M) Investment approach when capital reaches the target. Value of Investments total $ 1 million USD. 1. To invest in a luxury village project that has facility of swimming pool and managed by professional project manager. (The village Project must be suitable our investment framework in clause 5.1.) 2. Number of Investment house: 1 unit. 13 P a g e

14 3. After Co-Founder receives proprietary, the operation of rents will be coordinated with the project owner. 4. Income from the rent will be paid in form of dividends to ICO investors. Period of operation: within 60 days after ICO closing date. Value of Investments total $ 3 million USD. 1. To invest in an apartment that has been selected in accordance with Clause Number of units: units/ 1 apartment. 3. After Co-Founder receives proprietary, the operation of rent will be coordinated with the project owner. 4. Income from the rent will be paid in the form of dividends to investors. Period of operation: within days after ICO closing date. Value of Investments total $ 6 million USD. 1. To Invest in 2 projects of an apartment that have been selected in accordance with Number of Units: units / 1 apartment. 3. After Co-Founder receives proprietary, the operation of rent will be coordinated with the project owner. 4. Income from the rent will be paid in the form of dividends to investors. Period of operation: within days after ICO closing date. Value of Investments total $ 9.8 million USD. 1. To invest in a condominium that has been selected in accordance with Number of Units: more than 50 units / 1 condominium 14 P a g e

15 owner. 3. After Co-Founder receives proprietary, the operation of rent will be coordinated with the project 4. Income from the rent will be paid in the form of dividends to investors. Period of operation: within days after ICO closing date. Note! All assets will be invested together with the project owner. The right of managing the property, Co- Founder will provide the project owners to operate by themselves according to the written contract agreement. Investment conditions 1. Estatecoin.fund does not accept participants from Thai and U.S. residents. 2. All investors must have a name on the Whitelist. 3. If the fund cannot raise up to the minimum capital in total amount $1M, the fundraiser will return the money to investors after the ICO closure (within 2-3 weeks after the announcement of the ICO closing date). ICO Opening Date ICO Closing date : November 9, 2017 at PM. (Thailand Time) : December 9, 2017 at PM. (Thailand Time) Proportion of coins division: ICO Founder Developer team : 65% of total plus 5% of Pre-ICO in total amount 9,800,000 EST : 22% of total (holding 1-3 months) in total amount 3,080,000 EST : 8% of total (holding 1-3 months) in total amount 1,120,000 EST 15 P a g e

16 Benefits of EST coins holders: 1. The EST coins can be traded in the exchanged markets by placing coins into the market approximately 3-4 weeks after the closure of crowd sale. 2. The interest can be paid in term of dividend on a monthly basis, in total 12 months. At the end of period, the project will consider paying quarterly dividends to investors which number of dividends will be reported via the website EstateCoin.fund. 3. The investors will be a part of the real estate investment projects in Thailand, which are located in EEC area and being promoted by Thai government. It is a great opportunity to grow and generate high profits in the future. 16 P a g e

17 3. Sale Methodology The procedure of selling EST coins are mentioned below, by the way, the only correct and belong to the system is 1. People who are interest in this project can receive information (Subscription) via the website estatecoin.fund. 2. Then after 5 minutes, the investors will receive a welcomed letter and the information of how to fill the data in whitelist. Whitelist is required to fill the data as following below: 2.1 Name-Surname in English. 2.2 Phone Number (Not the number with +66 prefixes). 2.3 Address ETH (To allow Address only from Myetherwallet.com). 2.4 Filling amount of ETH that investors expect to invest. 3. After that, the system will send periodically to inform investors. Make sure, the correct e- mail address of the system is sale@estatecoin.fund. 4. System will notify investment address via registered and will contain the information as following; 4.1 Address 4.2 Value of Gwei Value of Gas Limit expense 5. After investment is completed, ICO investors will receive information of requesting to obtain the Token via and you can also see the announcement on the blog page of the website estatecoin.fund. By the way, Token will be sent via myetherwallet.com Important Thing! The receiving which can be trusted must be from; sale@estatecoin.fund 17 P a g e

18 4. Road Map Project. Sequential steps of making a project are shown as follow; 1. Written project Sep Public Relations 21 Sep - 8 Nov Raising Funds 9 Nov Closed the Fundraising 9 Dec Register EST Coins in the Market 10 Dec Jan 2018 (Within 30 days) 6. Opening a business on the area 10 Dec Mar 2018 (Within 90 days) 7. 1 st dividend payment 6 February nd dividend payment March Unlocked Token Dev April th dividend payment April th dividend payment May th dividend payment June th dividend payment July th dividend payment August th dividend payment September th dividend payment October th dividend payment November st dividend payment December nd dividend payment January Founder and team will sell the coin 1-31 Jan Estatecoin team will consider a next project for development property. Note: In case of unexpected postponement of schedule is occurred, we will announce the information to all participants via our official channels within 24 hours. 6. Payment of dividends do not have to be equal in every month. If it is necessary, the developer may stop paying dividends in some months however we will provide the reasons of stopping payment of dividend. 18 P a g e

19 5. Product The following information is shown the specific details of real estates or properties that EST project will invest after the closure of the ICO which are including; 5.1 To invest in a luxury village project which has swimming pool and managed by professional project manager. Specification There are house types of 1-2 floors in the village The area is not less than 60 square meters The village project must have a high standard of housing quality Location is in the area of Bang Sare There is a main road access in front of the village Water and power supply system is available Providing a good waste disposal system The location of village is closed to public and private hospitals The location of village is closed to major tourist attractions in Pattaya, Bang Sare and Sattahip district The transportation is convenient. Strategies of rent in Clause Using Airbnb to service a rental property. 2. Using the personal project entity where we invest to manage the property. 19 P a g e

20 3. Selling this asset when a price is higher than 40%. Customers Target for this asset. 1. Elderly people around the world who would like to stay in Thailand in the place that close to the standard hospitals. 2. The tourists who would like to stay in Thailand more than a month. 3. The group of tourists which are travel from U-Tapao or Suvarnabhumi international airport. Trustee 1. The personal project entity of the asset where we invested. 2. The company which is established for managing the property. Target area of asset in Clause 5.1 Image showing the target area as per clause 5.1. Zone 1: Refers to the beachfront area or New Pattaya Road. Zone 2: Refers to the Khao Talo area in Pattaya. 20 P a g e

21 Image showing the target area as per clause 5.1. Zone 3: Refers to the beachfront area of Bangsare. Zone 4: Refers to Khao Chi Chan area. 5.2 To purchase 1-2 units of Apartment for rent in terms of monthly/ yearly basis. Specification Apartment type of 3-4 levels The unit is not less than 30 rooms The apartment must have a high standard of quality Located in Bang Sare area There is a main road access in front of the apartment Water and power supply system is available Providing a good waste disposal system The location of apartment is close to public and private hospitals The location of apartment is close to major tourist attractions in Pattaya, Bangsare and Sattahip. 21 P a g e

22 The transportation is convenient. Strategies of rent in Clause Using Airbnb to service rental properties. 2. Using website to public relations services as same as the service in Airbnb. 3. Public relations via website estatecoin.com. Customers Target for this asset. 1. Elderly people around the world who would like to stay in Thailand in the place that close to the standard hospitals. 2. The tourists who would like to stay in Thailand more than a month. 3. The group of tourists which travel from U-Tapao or Suvarnabhumi international airport. Trustee 1. The personal project entity of the asset where we invested. 2. The company which is established for managing the property. 22 P a g e

23 Target area for asset in Clause 5.2 Image showing the target area as per clause 5.2 Zone 1 : Refers to the beachfront area. Or New Pattaya Road. Zone 2 : Refers to the Khao Talo area in Pattaya. Image showing the target area as per clause 5.2 Zone 3 : Refers to the beachfront area of Bangsare. Zone 4 : Refers to Khao Chi Chan area. 23 P a g e

24 5.3 To purchase a project of condominium for rent in terms of monthly /yearly basis Specification It is a small condominium project Number of rooms are not less than 250 rooms A condominium is going to take care by a high quality of builder A condominium is located in the Pattaya area There is a main road access in front of the condominium Water and power supply system is available Providing a good waste disposal system A condominium is close to public and private hospitals A condominium is close to major tourist attractions in Pattaya, Bangsare and Sattahip The transportation is convenient. Strategies of rent in Clause Using Airbnb to service rental properties. 2. Using website to do public relations services as same as the service in Airbnb. 3. Public relations via website estatecoin.com. Customers target for this asset. 1. Elderly people around the world who would like to stay in Thailand in the place that close to the standard hospitals. 2. The tourists who would like to stay in Thailand more than a month. 3. The group of tourism which travel from U-Tapao or Suvarnabhumi international airport. 24 P a g e

25 Trustee 1. The personal project entity of asset where we invested. 2. The company which is established for management the property. Targeted area for asset in Clause 5.3 Image showing the target area as per clause 5.3 Zone 1: Refers to the beachfront area. Or New Pattaya Road. Zone 2: Refers to the Khao Talo area in Pattaya. 25 P a g e

26 6. Economic Consideration 6.1 The results of survey by Agency for Real Estate Affairs (AREA) have mentioned that, Pattaya beach is the most attractive area 7. The survey has divided the area of Chonburi province into 8 districts which are including; 1. Amphoe Mueang ChonBuri 2. Bangsaen Area - Bang Phra 3. Sriracha area 4. Laem Chabang area 5. Bo Win area 6. East Pattaya area of Sukhumvit Road (next to the hill) 7. Pattaya area west of Sukhumvit (next to the sea) 8. Sattahip area The most suitable area for investing in real estate is Pattaya beach side, and the second choice is all area of Sriracha district. These districts have a highlight as closed to the industrial estate and not too far from Motorway Bangkok - Chonburi Highway number 7. Moreover the research found that people who come for living purpose, majority of them are foreigners and there are still in high demand Quality house, Eastern area has more potential of growing, especially in the Pattaya district. After the government has provided budget and supported of the EEC project in these three provinces including Chachoengsao, Chonburi, and Rayong. 7.Reference from : -uoh-hrrps://lll.te2ieluohtli2ing./om/pip knol/ko0k%8k88ko0k%8k%1ko0k%8k91ko0k%8k95ko0k%8k%2ko0k%8k1ako0k%8k11ko0k%8k%1ko0k%8k87ko0k /o0k%8k81ko0k%8k15ko0k%8k91ko0k%8k%8ko0k%8k13ko0k%8k%5k-%8k1%ko0k%8k%2ko0k%8k1b 26 P a g e

27 7. Awareness Due to ICO investors should have all information for considering before investment. Thus the author will give more issues that investors should be known as following; 7.1 Consideration of EEC Project. Since the government has officially announced the EEC project of the three provinces consists of Chachoengsao, Chonburi and Rayong. The price of land in these areas has been sharply increased by the owners so the cost of building real estate also has been added up. As long as the time is passed, the assets price will be continually raised which will be difficult to occupy the valuable assets. Therefore, our developers might be unable to purchase significant assets in this area. 7.2 Considerations number of real estate projects in EEC area. Currently, numbers of real estate projects in EEC area is continuously increased which investors have to consider carefully before investment and should remember that do not make the mistake of investing or choosing the projects that do not generate a good return to the ICO investors. 27 P a g e

28 8. Team Co-founder and development team of estatecoin.fund consist of ; 1 Mt.Nithpol Pe/hsook: Co fohnpet 2 Mt.Chii/hitoen uongmitnlong: Co fohnpet, Websire Ae2elopet (ICO) 3.Mt.Nikitin kielptiphi : Websire Ae2elopet (ICO) 4.Mt.Shtisik Wijir 5.Mt.Chir/hii Pirhhmitik 6.Mt.%in/hit Teng/hiisoon 7.Mt.Vilen Lokhnpii 8.Mt. Chir/hii Pirhhmitik 9.Mt.Willop Kontim 10.Miss Tibrim Tongsti 11.Mt.Sitis Hengptisirh 12.Mt.Kirrilir Siitiim 13.Mt.Nilipon Phnpeng 14.Ms.Visinee 2irinuh2inir 15.Ms.Vipisinee Vimolpirtinon 16.Mt.sirhipotn /hinrhimongkol 17.Mt.Virhool Chiirhongtir 18.Ms.Pinhr/hikotn Phongphing 19.Mt.Wilir Mirpon 20.Mt.Pirriui Sirriboon 21.Mt.Phinhlilir Khimpieng 22.Mt. Kinikninr Phikhiptor 28 P a g e

29 9. Future Work Estatecoin team will launch the same project again within the next three months. In addition, we have a plan to search areas or locations throughout the local real estates for investment which it can be generated a good return to investors. 1. To consider project together with real estate projects and companies in both Thailand and around the world. 2. To buy an online real estate websites which operated in Thailand or abroad. 3. To sell some assets for profit and give special dividends to ICO investors. 4. To repeat the project by expanding the area of the asset investment. Expected time to restart project: Within 3 months Expected team to work: Co-founder and team development of estatecoin.fund 10. Conclusion The conclusion of ICO Real Estate Coin is, a property investment fund of EEC area in Thailand. Our team has seen an opportunity to attract the interest of individual investor who can be a part in the growth of the property through EST coins. We are confident that, it will be an important opportunity for you to make a real passive income from your digital coin. 29 P a g e