IHT Real Estate Protocol is a decentralized blockchain platform that leverages the features and advantages of blockchain, with its IHT smart contract capabilities and distributed accounting technology to split large real estate under i-house.com. It enables users to invest in small portions of digitized real estate. It helps connect the physical asset side with the financial institutions side to allow individuals to invest. Assets of any size can be split and distributed across variousShow more [+] institutions. IHT cannot be changed by anyone or any organization once the asset is split and bounded hence enhancing security.
The IHT token acts as the gas on the protocol. It is premined to retain tokens for managing the ecosystem. It has a total supply of about 996 million. Its Initial Coin Offering (ICO) began on January 10, 2018 and ended on Feb 1, 2018 having raised $35 million. ETH was accepted as a currency for transactions during the ICO. The token is now listed for trade on exchanges such as Gate.io, Lbank, Kucoin, HitBTC, Upbit and Bittrex.
The protocol's team includes experienced individuals in the areas of blockchain technology and asset management. They include Ricky NG, the Chairman and Founder, Evan Kim, the Chief Operating Officer, Nana Chen, the Chief Marketing Officer and Eric Dao, the Chief Technology Officer.