Full Name: i-House Token
i-House.com(IHT) is a global real estate blockchain cloud platform. Its mission is to integrate 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.
Description of Token (Utility/Use Cases):
IHT, a token by smart contract specialized in the used of splitting real estate ownership and performing transaction. IHT enhances the trust of the mechanism by using the blockchain technology, and has the advantages of great tamper resistance, information transparency, common supervision and traceability.
IHT uses its own smart contract and distributed accounting technology to connect the asset side and the financial institution side. Large assets can be split and distributed to multiple financial institutions through the IHT smart contract. Users, through financial institutions, can invest in small real estate split by IHT smart contract. IHT, as the center of the connection of two ends, cannot be changed by any individual or organization after the asset is split and bound, including the IHT itself. Therefore, through IHT, it can be ensured that users’ investment will be firmly bonded to the pointed assets, so that investment is more secured and returns are more stable.
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.
There are two main parts of the wallet: cash and IHT.
1). Cash will be deposited and can be withdrawn after redemption from ATO. All purchases of ownership and profits will be conducted with fiat.
2). IHT is used for ATO initialization and services fees, and will be obtained primarily through token sale or purchased afterwards from other users.
IHT1.0 service is positioned as PaaS, Protocol-as-a-Service, which offers a standardized initialization and publication process for ATO (Asset Tokenize Offering) to asset owners, acting as a neutral agent for asset owners and financial institutions so that both parties can search and make deals. Meanwhile, IHT will continue progressing to 2.0BaaS, Blockchain as a Service, and act as an asset segmentation and management platform for the construction of mobile information applications for financial institutions. Finally, IHT3.0 will evolve into a financial exchange based on physical assets to improve the liquidity of physical assets.
From the current situation of commercial development, the real estate developers and financial institutions have shown great enthusiasm. More and more real estate developers and financial institutions are willing to actively participate in the i-house.com project, and look forward to the i-house.com blockchain project IHT on-line as soon as possible.
In a greater sense of IHT future blueprint, aside from real estate, all assets that have trading value will be incorporated into the IHT blockchain platform such as aircraft rental, artwork, antiques and bonds.
Detailed Roadmap and Milestones:
July 2015, inception of i-house.com
Sept 2016, i-house.com business model positioned as decentralised property and asset investment platform.
May 2017, launch of i-house.com and integration of blockchain technology.
Sept 2017, launch of i-house token(IHT)
Dec 2017, i-house.com starts beta testing.
2018 Q2, i-house.com v2.0 official launch.
2018 Q4, i-house.com expand markets to USA, Australia and Europe.
2019 Q4, i-house.com assets covered over 10 major countries in the world, including China.
2020 Q4, target to tokenise US$50B in assets. IHT shall be the leading global real estate blockchain cloud platform.
Core Members Introduction:
Ricky Ng，Chairman and founder of I-house.com &I-house Token(IHT), the first blockchain real estate cloud platform worldwide.
Co-founder, Director of McfeeCC, one of the largest crypto fund founded in 2017. Co-founder of Nasdaq listed Iclick Interactive, one of the largest digital advertising platforms in greater China area, created an advertising myth of 1 billion RMB per year, major partner with Baidu and Tencent in China and overseas.
Former Senior Business Manager in Yahoo Asia – Yahoo! Search Marketing; Professional in digital marketing with more than ten years of practical experience in digital marketing and Entrepreneurship. Bachelor of Engineering, Ecommerce and Financial Engineering.
Evan Kim – Chief Operating Officer
He has nine years of experience in traditional media industry, and six years of Internet industry experience, including seven years of experience on the position of regional general manager, ever serving as the former Marketing Director of Nanchang Wanda cultural tourism city of Wanda Group, responsible for marketing and related project management of Nanchang project.
Eric Dao—— Chief Blockchain Officer
Master’s degree from the University of Washington, and Bachelor’s degree from California Institute of Technology. Twenty-two years of research and development experience in Microsoft in Seattle (U.S.A) and CAE (the Chinese Academy of Engineering). Senior technical team manager, in charge of technical development work related to Microsoft, office, office365, exchange, SharePoint and windows.
Kevin Leung --- Chief Financial Officer
8 years of experience in Real Estate industry; GM of Foresea Asset Management Ltd, a commercial property consultancy company; GM of Shopping center in Beijing MTR Corpo- ration Ltd.
Nana Chen---Chief Marketing Officer
14 years of experience in the area of marketing. Senior Marketing Director of Games in Baidu, clients include Perfect World, Tencent...etc. Senior Media Director in iClick, in charge of work.
Sprina Wang --- Global Business Head
Global token marketing expert, with proven successful cases. HMS, which was fully fundraised with 30 M USD in 18 mins. IHT global business Head, 35 M USD in total fundraising. Qfund global business VP， Wecash global marketing VP. More than 10 years’ work experience in online marketing, product management and APP operation. More than 5 years’ global internet and APP business operation. Hands on business operation on US, BR, EG, UAE, ID, IN, TH markets, have various qualified local market resources. Strategy maker and good team player. E-Marketing skills: Baidu SEM, Google SEM, Facebook Ads and page operation, data analysis, Google Play ASO.
JC Xu ---Blockchain Consultant
He is the co-founder of digital asset fund Badwater Capital, working at DFJ Dragon Fund, located at Silicon Valley, which is a China's well-known early venture investment fund, and engaged in venture investment in the TMT field. In 2014, just 22 years old, he created the spark technology, a knowledge and skills sharing platform, which acquired a million yuan of venture capital investment from IDG, graduated from Kr Space III Stage, and exited after the progress of acquisition in 2016. He studied in Indiana University-Kelley School of Business in U.S. and Draper University of Heroes in Silicon Valley.
Token Contract Address:
The Verified Contract Source Code Link:
The Number of Decimals of Token:18
The Link to Coinmarketcap.com or feixiaohao.com for Token:
Market Cap: $41,956,071 USD (2018.7.12)
Max Supply: 1000000000
Circulating Supply: 500569943 (2018.7.12)
Token Price：0.083817 (2018.7.12)
The Institutional investors for Private Placement:
Draper Dragon, Blockchain Ventures, Danhua VC, NEO Global Capital, Rootscap, Bill Capital, CollinStar, Tangle Capital, Badwater Capital