What Is Atlant (ATL)?

Atlant is a platform developed on the Ethereum blockchain to support trading and listing of real estate properties worldwide. According to the whitepaper, the platform aims to empower the real estate industry by creating a transparent, simple, and secure way to facilitate the trading of properties. The platform aims to remove problems that exist within the real estate industry, which include:

• High fees of middlemen

• Fake review about properties

• Opaqueness about property rights

• Hidden charges and other hidden costs

• Asymmetric information about the properties There are many other challenges faced by users when planning to purchase, trade, or rent a property, including tax issues, verification, paperwork, etc. In order to help users overcome such issues, Atlant has endeavored to develop a tamper-proof and secure system that allows users on the platform to trade in properties without inefficiencies and prohibitive costs. With the peer-to-peer transaction facility of the platform, users can:

• Remove intermediaries when it comes to rental deals

• Trade in properties with ease of use

• Get security for both guests and hosts alike

• Benefit from cost reduction

• Get verified properties with symmetric information and genuine reviews These have helped to remove major challenges that existed within the real estate market while accelerating user adoption on the platform. To assist these operational structures on the platform, Atlant launched cryptocurrency, the ATL token.

The ATL is an ERC-20 token functioning on the Ethereum blockchain that acts as the core token to power the Atlant platform. The token functions as a membership certificate for users on the platform and serves many utilities on the platform, including:

• Charging fees for the listing of properties on the platform

• Collecting commission on successful completion of a rental agreement

• Rewarding participant’s running Atlant nodes on their computers

• Making payments to arbiters who resolve conflicts of peer-to-peer rental issues

• Acting as a resource to improve the platform, which can make the processes on the platform more efficient The token also acts as a means of governance by providing voting rights to users for various decision-making processes on the platform. These utilities of the token help to ensure the development of a sound operational structure on the platform.

History of Atlant (ATL)

The concept design for the Atlant platform began in December 2016, headed by CEO Julian Svirsky and CTO Denis Donin. The platform released the whitepaper on July 29, 2017. According to the whitepaper, the token's pre-sale was performed in August 2017, and according to the smart contract address, the token has a total supply of 54,175,040.67 ATL.