Real estate project Elsestrasse Berlin is funded in record time on iFunded
Berlin, 18. September 2019 – It only took 5 days for the real estate project Elsestrasse Berlin to reach its funding-goal on the crowdfunding platform iFunded. Over 200 investors participated, meaning that the project located in the north-west of Berlin reached its goal of €350,000 in record time.
“Out of the 5,000 registered investors on our platform, 200 managed to participate, investing around €1,800 on average. As the first european crowdfunding platform in the real estate market to facilitate Euro, Bitcoin and Ether investments, Elsestrasse Berlin represents an important step towards a more comprehensive implementation of blockchain technology on our platform,” said iFunded founder and CEO Michael Stephan.
Cryptocurrency accepted as a payment method
iFunded is the first european platform to accept cryptocurrencies for real estate investments. As a result, the time it takes to complete a transaction, on average, is less than 15 minutes. Investors can use their Bitcoin and Ether to invest in real estate projects quickly, securely and conveniently – all while earning attractive returns
Tokenized projects coming soon
„Investors will soon be able to participate in blockchain based projects. The first project is coming to the platform soon,“ says Stephan.
iFunded is a berlin-based digital real estate platform using blockchain technology to facilitate international real estate investments, which are then made available to both retail and institutional investors. The iEstate GmbH, which runs www.ifunded.de, and was founded in 2015 and is backed by leading german venture capital firm, Creathor Ventures.
The iEstate GmbH, the parent company of the online crowdfunding platform iFunded, is permitted to operate as a financial service provider in accordance with § 34f paragraph 1 Nr. 1-3 GewO as well as § 34c GewO.
The iEstate Securities GmbH, Berlin, also a user of the online crowdfunding platform iFunded, operates as a “contractually obligated partner” for the sale of securities in accordance with § 2 paragraph 10 Kreditwesengesetz and operates solely in the name of, for the account of and under liability of the NFS Netfonds Financial Service GmbH, Hamburg.
iFunded by iEstate GmbH
Tel.: +49 (0)30 – 555 728 550