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Data source: CoinMarketCap
IHT Real Estate Protocol (IHT) to Russian Ruble (RUB) Conversion Table
About IHT Real Estate Protocol
IHT integrates global real estate markets with the blockchain mechanism. Through joining blockchain and real estate, the real estate developer, financial institutions and their users can be connected and the transaction of real estate can be made a part of “digital credit society”, therefore constituting a pivotal supporting part of the economic development. All owners and investors will become beneficiaries of i-house.com real estate blockchain. Usage of the IHT wallet ATO (Asset Tokenize Offering) is the order of the asset party to launch a split. It is used to generate asset split and it is recorded on the kernel ledger of IHT. All property rights and usufruct rights of the transaction shall be conducted under the asset’s local fiat. IHT consumption in the wallet is only an inducement mechanism of ATO. *IHT will not be used as the form of currency in the asset transactions. All of the transactions will be conducted under the asset's local fiat. How can property developers launch ATO on IHT platform When the property developer issue's ATO, it is necessary to make clear of the specific circumstances of the property (such as real estate, address area, property right and other relevant conditions), the sale of real estate, whether share repurchase, in a certain period of time the subscription time and annual effective yield. After determining the share, before they can officially publish the ATO，the property developers need to use the IHT in the wallet to act as an inducement mechanism. How can financial institutions underwrite ATO assets on the IHT platform? After the financial institution has registered on the IHT underwriting platform, they can find the most suitable asset through screening and checking the classification of the asset. IHT will be used as an inducement mechanism on underwriting shares of ATO assets. The specific quantity of IHT depends on the complexity and terms of each ATO. After the completion of underwriting, financial institutions can generate many sub-products from its original shares and release on its own platform and show it to users on the display portal of IHT. How can investors subscribe shares of ATO? After the financial institution releases the sub-product on its own platform, users can subscribe through the sale portal, or subscribe on IHT platform which will skip to the sales page of the financial institution. The sub-product displayed on the IHT platform will be recommended according to the user's personal interest and investment ability.