INTRO (ITR) ICO review
INTRO is a real estate sales platform with the discounts all over the world. Already today, the system has more than 6800 objects from 1800 developers, which you can buy with a discount of up to 30%. We are ready to scale our business to the global market. Smart contracts allow to the investors to make a deal with the property of developer without any intermediaries.
The team of INTRO TECHNOLOGY RUS, JSC, is glad to present the INTRO Token that will become a license to the INTRO Services for real estate market participants.
Our team has been creating software for developers since 2016. Our IT-project was originally initiated by the Gosstroy Group, a major Russian real estate development holding, est. in 2009. Today, the development portfolio of Gosstroy includes 14 completed residential and commercial objects, as well as 13 under-construction buildings with total area of about 150,000 sq.m. By construction volume, Gosstroy is one of Top 150 developers in Russia.
In early 2017, the IT Division of Gosstroy was separated as an independent business and registered as INTRO TECHNOLOGY RUS, JSC. In early 2018, the company had 42 staff members and about 20 freelance contractors. The main profile of the company is the creation of Business Intelligence System for off-plan property investors, as well as the development of IT-products for business and state actors.
The rapid growth is largely caused by the growing demand for BI systems from market players and regulators. Over 20 construction companies, several governmental agencies and industrial associations is now using the products of INTRO RUS. Our users include the representatives of National Association of Housing Developers, Union of Construction Companies of Ural and Siberia, Chelyabinsk Interregional Union of Builders and other professionals from 18 parts of Russia, where INTRO business is present.
However, the potential of scaling of our BI system is not limited to the market of Russia and the CIS countries. According to our research, more than 10 million homebuyers a year invest in off-plan properties in the BRICS countries. Most of the residential property in India, Brazil and Russia are sold at the construction stage. Still, offplan development remains a risky investment due to low market transparency.
We were the first to use AI (Artificial Intelligence) to collect and process data on off-plan development investments from the official state registries. Now our system INTRO Analytica quickly processes raw data on property rights claims, helping to create accurate market forecasts. At the next step, we plan to integrate the blockchain technology for data protection and secure transactions between developers, investors and home buyers.
Our mission is to make the global off-plan property market transparent and to protect the developers and homebuyers against insecure investment.
INTRO Tokens will become the access key for the INTRO ecosystem, which brings together developers, investors and home buyers from all over the world