zulita: Beampad is a decentralized finance (DeFi)

Beampad is a decentralized finance (DeFi)

Introduction to Beampad

Beampad is a decentralized finance (DeFi) platform built on the Polygon network that enables investors to invest in real estate assets using cryptocurrency. It allows users to participate in the real estate market without the traditional barriers to entry, such as high capital requirements and geographic limitations. Beampad offers users the opportunity to invest in real estate through the use of real estate asset tokens (REATs), which represent a fractional ownership in real estate properties. These tokens are tradeable, providing investors with liquidity and the ability to easily enter or exit real estate investments. The Beampad platform also features the BEAM token, which serves as the main utility and governance token of the ecosystem. With Beampad, investors can access a diverse range of real estate investment opportunities, with the added benefits of transparency, efficiency, and accessibility offered by blockchain technology.

MISSION

To revolutionize the present real estate market by developing a safe, decentralized, and transparent platform that enables anyone to invest in rental holiday homes, offices, and hotels.

VISION

To be the world's leading platform for rental property investment and management, leveraging the latest technology, including AI, blockchain and smart contracts to deliver a seamless, transparent and secure investment experience.

BUSINESS MODEL

Beampad adopts a revenue-generating business model that leverages its platform and technology to generate income through various sources. Some of our potential revenue streams include:

DATA ANALYTICS

Payment for AI data analytics services that provide insights and suggestions on potential high-revenue generating properties.

COMMISSIONS

Earning commission on rental property transactions and investments made through the platform.

PLATFORM FEES

Beampad charges fees for rental property management and P2P transactions

BEAMPAD CARD

Beampad virtual card that enables users to spend their token anywhere using a VISA platinum card

WHAT ARE REATS?

Real Estate Asset Tokens (REATs) are a new innovation in the real estate industry, combining the benefits of blockchain technology and real estate investment. REATs are a non-fungible tokens (NFTs) that represent ownership in real estate assets, providing investors with a way to invest in real estate without the traditional barriers of entry, such as large capital requirements and complex regulations.

INITIAL REATS OFFERING (IRO)

An IRO, or Initial REATs Offering, is a fundraising method used by Beampad to offer Real Estate Asset Tokens (REATs) to investors. It is similar to an Initial DEX Offering (IDO) used in cryptocurrency markets. The IRO process involves two rounds of offerings. The first round is usually reserved for investors with prior allocations, while the second round is open to investors on a first-come-first-served basis.

During an IRO, property owners offers REATs to investors through Beampad's platform. Investors who participate in the IRO have an opportunity to purchase limited REATs and earn rental income. This approach provides investors with an early-bird advantage and an opportunity to get in on a potentially profitable real estate investment.

Beam token

Beam token is a utility token created on the Polygon network. It is based on the ERC-20 token standard and has all the features of a standard ERC-20 token. The token has a maximum supply of 500 million and serves as the utility token that powers the entire ecosystem of Beampad.

Allocation:

Beam Token is the utility token that powers the Beampad platform. One of its primary functions is to allow users to stake the token in order to receive an allocation in every Real Estate Asset Tokenization (REATs) offering on the platform. By staking Beam Tokens, users can gain access to exclusive investment opportunities that would otherwise be unavailable to them. This makes Beam Token a valuable tool for investors looking to diversify their portfolios with real estate investments.

AI Service:

Another key utility of Beam Token is its ability to enable users to access AI-powered investment screening services. These services allow users to analyze REATs offerings and make informed investment decisions based on real-time market data. To access these services, users will need to subscribe to them using Beam Token, which means that the token will play an important role in the growth and development of the Beampad platform.

Rental fees:

Beam Token is also used as a means of payment for rental fees in any of Beampad’s REATs properties and third-party REATs properties. This means that users can use Beam Token to pay for rental properties or receive rental payments, providing a convenient and efficient payment option for both landlords and tenants.

Governance:

Beam Token is also an important tool for governance on the Beampad platform. As the utility token that fuels the governing body of the platform, Beam Token allows users to participate in decision-making processes related to the development and growth of the platform. This gives users a say in how the platform is run and ensures that their interests are represented in the decision-making process.

Lend:

Beam Token also allows users to earn rewards by staking their tokens on a decentralized lending protocol. Users can use REATs as collateral to borrow Beam Token in Beampad’s DeFi app. This provides users with additional investment opportunities and the ability to earn rewards on their holdings of Beam Token.

Gas fee:

In the future, Beam Token will be used as a means of payment for gas fees on the Beampad platform. This will be enabled through the creation of a Supernet with Polygon, which will allow for seamless and efficient transactions on the platform. This will make Beam Token even more valuable as a utility token, and further enhance its utility for users.

Beam Card:

Finally, Beam Token will be used in a partnership with a Dubai-based payment company to create a virtual Beam Card that will enable users to spend their Beam Tokens at merchant stores. This partnership will make Beam Token even more versatile and valuable as a payment tool, and further enhance its utility for users.

Beam Token is a versatile and valuable utility token that plays an important role in the growth and development of the Beampad platform. From staking and allocation to AI services, rental payments, governance, lending, gas fees, and payment options, Beam Token provides users with a wide range of tools and options for investing in real estate and participating in the development of the Beampad platform.

Roadmap

Beampad has an ambitious roadmap that aims to make real estate investing more accessible and efficient for everyone. Here are some of the key milestones that we are working towards:

Q2 2023: Launch of Beampad Beta Our initial release of Beampad will be a beta version that allows users to invest in real estate assets using our platform. We will focus on creating a user-friendly interface and ensuring the security of our platform.

Q3 2023: Integration of Artificial Intelligence Services We plan to integrate AI services that will provide users with more insights into real estate assets before they invest. This will include data analysis of market trends, property valuation, and more.

Q4 2023: Launch of Lending Services We plan to launch a lending platform that will allow users to borrow funds using their real estate assets as collateral. This will provide investors with an additional source of passive income.

Q1 2024: Launch of Secondary Market We aim to launch a secondary market that allows users to buy and sell their investments on our platform. This will provide greater liquidity and flexibility for investors.

Expansion into New Markets We plan to expand our services into the North America market. This will allow us to reach a wider audience and offer more investment opportunities.

Q2 2024: Launch of Beampad Mobile App We aim to launch a mobile app that will allow users to invest in real estate assets using their smartphones. This will provide greater accessibility and convenience for our users.

Q3 2024: Integration of Supernet We plan to integrate with Supernet, a Layer 2 scaling solution built on the Polygon network. This will provide faster and cheaper transactions for our users.

Beampad is committed to delivering on our roadmap and providing the best possible experience for our users. We are excited to bring real estate investing into the future with our innovative platform and services.

Team

Beampad team boasts of a solid experience in both real estate investing and blockchain technology, having operated a real estate rental company in Dubai for over 4 years and worked in the blockchain space for over 5 years. Presently, we have a team of over 15 dedicated staff members in our conventional real estate company, and we have recently welcomed an additional five skilled developers who specialize in full stack and blockchain development.