Tokenestate.io ICO preparation: Scalable Cloud for Blockchain Startups
The new year is coming soon and we would like to recall the best case studies of the passing year.
TOKENIZING REAL ESTATE
Blockchain and cryptocurrencies have become increasingly popular in today’s world and enabled us not only to buy products and services, but also to make investments. Every human needs a shelter and having a place to live is a primary necessity. That’s why investment in Real Estate is one of the safest assets, along with gold, valued at US$217 trillion dollars.
At the same time, the Real Estate investment process is one of the most complicated, because traditionally Real Estate investment is accompanied by a high level of regulation, significant transaction cost and time, involvement of professionals across different disciplines and face-to-face meetings to close the deals.
Tokenestate.io offers to manage Real Estate transactions electronically by using blockchain technology. The creation of Real Estate Tokens (RETOs) will simplify Real Estate investment process in general, providing greater geographic mobility and fair pricing for Real Estate assets.
As Vincent Trouche, CEO of Tokenestate.io says, “Tokenestate.io is making it easier for people to invest in Real Estate by leveraging blockchain technology which means that we enable the investors to invest in Real Estate without significant investments amounts from the convenience of their smartphones. Our Marketplace is to be available on web and mobile and allows investors to easily purchase RETOs and have them transferred to their Ethereum address or wallet. In brief, the Tokenestate.io Marketplace is what Kickstarter is to startups: a platform which brings together Real Estate companies and a wide community of investors.”
SCALABLE CLOUD HOSTING FOR BLOCKCHAIN
Currently, Tokenestate.io is preparing for the ICO. While the ICO is running, they have got to be confident that the hosting they chose will handle waves of visitors to their website.
As they are already working on creating a community, they are expecting a big interest in their project. So they will need to stay online all the time because a lot of people are about to hit their server by visiting the project’s public page. Not to lose any of their potential investors Tokenestate.io chose Hidora Swiss Cloud Hosting Scalable Solution.
Q: What are the biggest challenges on the horizon for your company?
A: “The biggest challenge that we have today is that we are financing ourselves by means of the ICO. It is a big challenge for us because we want to attract small investors. We are not looking for millionaires to finance us. We want to attract as many small investors as possible who will finance our project.”
HOW HIDORA CAN HELP TO MEET ICO
Q: How do you plan to use Hidora to reach these goals?
A: “Hidora is great because it is a highly flexible platform that enables us to add scalable infrastructure which is important to meet an ICO. We can meet those goals because we use a clustered WordPress solution from Hidora, which allows us to pay less now and handle traffic spikes automatically during the ICO. Moreover, our developers benefit from having development, staging and production environments and implementation of CI/CD processes.
The second point is that we can have a high level of cybersecurity and that is vital when we are working with cryptocurrencies. And the last thing is that the data is stored in Switzerland and that is very important for us. That’s why we chose to work with Hidora.”
SWISS DATA SECURITY AND PRIVACY
Q: Why is it so important for you to store your data in Switzerland? Is it one of the major benefits for your company?
A: “We are a digital interface between Real Estate companies and Real Estate investors. The fact that we are based in Switzerland makes us more attractive than other geographies, because Switzerland has a bilateral agreement with 121 countries. So it means us as investors in Tokenestate.io, or if you invest through Tokenestate.io, you are benefiting from one of the most protected jurisdictions in the world. And also Switzerland has one of the most blockchain friendly jurisdictions compared to other countries. Global cloud providers such as AWS, Azure and Google don’t have data centres in Switzerland, so they didn’t fit well into our strategy. Meanwhile, we benefit from Hidora’s Swiss location and data privacy.”
HIGH-QUALITY MANAGED SERVICES
Q: Are you satisfied with Hidora support?
A: “Yes, absolutely. They help us a lot. They provide us with technical expertise, managed services, support, and assistance with any request. Moreover, Hidora team helped us during onboarding and initial deployment processes.”