Urbit

Our Analysis

Team: 6.4

Feasibility: 6.3

Product: 6.3

Overall Rating: 6.33

Short Description: Urbit is a platform that enables the assessment of real estate, rents, sales, holiday rentals, all using blockchain technology offering transparent and secure transactions.

Category: Platform

Category: Tokens Cryptocurrency

Website: https://urbit.io/

Whitepaper: https://cdn.urbit.io/documents/en/WhitePaperUrbit(ENG).pdf

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Urbit’s mission is to create efficiency in the real estate market. As of today, Urbit has already a product which offers ad-hoc evaluation of any real estate object in the Spanish market. We developed a powerful data collection engine which gathers information from various publicly available data sources and combines them intelligently in order to be able to calculate the value of any real estate property in Spain.Using an open approach based on open source and blockchain technology, we want to create an ecosystem where comprehensive information on all real estate properties can be digitally stored, evaluated and transferred. The whole real estate market will greatly benefit from this due to the improvement in transparency and efficiency. Urbit is backed by a strong experienced team of experts in the real estate market and in blockchain technology. It is our vision and will to work towards a transparent and efficient real estate market, accessible by everyone, everywhere and at any time. Urbit can offer advantages that would help transform this industry.

The main Urbit solutions can be summarized as follows:

* Improve the access to international properties around the globe, all in the same platform.

* Implementing the Urbit smart contract, all property purchases, rentals and sales will be easily managed in a more transparent and efficient way.

* The existing Urbit price valuation tool offers a more real and equitable price through comparison of several real estate data sources.

* Increase in speed, efficiency and reliability using the Urbit software, avoiding the unnecessary generation of documentation.

* Reduction of transaction time, making them cheaper and safer.

* The Urbit users will be able to download the Big Data software of the company that feeds the Urbit database for the properties listed. As a reward, the users will receive Urbit Coins.

The Urbit project is different than the others for several reasons:

* Urbit brings a mix of combined solutions for all the keypoints mentioned above.

* Urbit implements a Global Big Data software (user can download for free).

* Users receive rewards using this software that feeds the urbit big data.

* Urbit don’t dismiss any service that provides a full real estate solution for the clients.

* Urbit implements the Price Valuation Service (for free), none of the above have it. A similar platform was bought by Spanish Bank BBVA for $10 Million (and this platform did not have blockchain technology nor Global Big Data).

* Urbit has started his launch having a Beta version in Live, in operation for the Spanish real estate market.

The urbit project contemplates the creation of a digital currency called Urbit coin - or URB coin – , freely interchangeable among all participants. During the ICO, Bitcoins, Ethereum and Wire Transfer will be accepted as payment for the purchase of Urbit tokens.

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