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ELYSIA (EL) Takes on the Real Estate Market: What Investors Need to Know

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Navigating the intricate landscape of the real estate market has always been a pursuit that demands careful consideration and strategic insights. In recent times, however, a notable contender has emerged in the form of ELYSIA (EL), a dynamic player set to revolutionize the real estate sector. With its innovative approach and technological advancements, ELYSIA presents a new avenue for investors to explore. As the boundaries between traditional industries and cutting-edge technology continue to blur, understanding the implications and potential opportunities that ELYSIA brings to the forefront becomes essential for investors seeking to make informed decisions in this evolving landscape. In this exploration, we delve into the fundamental aspects that encapsulate ELYSIA’s venture into the real estate market, equipping investors with the insights they need to navigate this exciting convergence of sectors. If you are interested in Bitcoin trading, you may consider investing in a reliable trading platform such as Immediate Fortune App.

Introducing ELYSIA (EL): A Game-Changer in Real Estate

ELYSIA, often abbreviated as EL, is a blockchain-based platform that leverages the power of decentralized finance (DeFi) to transform the way real estate transactions are conducted. At its core, ELYSIA aims to bridge the gap between traditional real estate markets and the innovative world of blockchain technology. By doing so, it addresses some of the most pressing issues faced by investors and property owners.

Advantages of ELYSIA for Investors

Fractional Ownership and Increased Liquidity

One of the most exciting features of ELYSIA is its ability to tokenize real estate assets, enabling fractional ownership. Instead of having to invest in an entire property, investors can now own a fraction of it. This opens up investment opportunities to a broader range of individuals, including those with limited capital. Additionally, the tokens representing these fractional ownerships can be easily traded on various cryptocurrency exchanges, enhancing liquidity for real estate investments.

Global Accessibility and Borderless Investing

Traditional real estate investments often come with geographical limitations. ELYSIA breaks down these barriers by offering a platform that is accessible to investors worldwide. Whether you are in New York, Tokyo, or any other part of the world, you can participate in real estate opportunities across the globe through ELYSIA’s decentralized marketplace.

Transparency and Security

ELYSIA employs blockchain technology to ensure transparency and security in real estate transactions. Every transaction is recorded on the blockchain, providing an immutable and tamper-resistant ledger of ownership and transfer history. This level of transparency instills trust among investors and reduces the risk of fraudulent activities.

The ELYSIA Token (EL): Fueling the Real Estate Revolution

The ELYSIA ecosystem operates with its native utility token called EL. EL plays a pivotal role in facilitating transactions and interactions within the platform. Let’s take a closer look at the key functions of the EL token:

Transaction Fees and Governance

EL is used to pay for transaction fees on the ELYSIA platform. These fees are essential for processing transactions, executing smart contracts, and maintaining the network. Additionally, EL holders may have governance rights, allowing them to participate in the decision-making process for platform upgrades and changes.

Staking and Rewards

EL token holders can participate in staking, where they lock up a certain amount of EL tokens to support the network’s security and stability. In return, they earn staking rewards, encouraging long-term participation and commitment to the platform.

How ELYSIA Disrupts the Traditional Real Estate Market

Reduced Middleman Dependency

Traditional real estate transactions involve numerous intermediaries, including brokers, lawyers, and escrow services. These intermediaries not only add to the overall cost but can also slow down the transaction process. ELYSIA’s smart contracts eliminate the need for many intermediaries, streamlining the process and reducing costs.

Enhanced Efficiency and Speed

By operating on the blockchain, ELYSIA significantly improves the speed and efficiency of real estate transactions. Smart contracts execute automatically once predefined conditions are met, eliminating delays caused by manual processes. This speed and efficiency make real estate investment more attractive to potential buyers and sellers.

Access to a Diverse Asset Portfolio

Through fractional ownership, ELYSIA offers investors the opportunity to diversify their real estate portfolios more easily. Instead of investing all their capital in a single property, investors can spread their investments across multiple properties, reducing risk and potentially increasing returns.

Mitigating Risks and Challenges

While ELYSIA presents a promising future for real estate investing, it is crucial to understand and address potential risks and challenges:

Regulatory Compliance

As with any emerging technology, the regulatory landscape surrounding blockchain and DeFi is still evolving. Investors should be mindful of the legal implications and ensure compliance with relevant regulations in their respective jurisdictions.

Market Volatility

Cryptocurrencies, including the EL token, can experience significant price fluctuations. Investors should be prepared for market volatility and conduct thorough research before making investment decisions.

Conclusion

In conclusion, ELYSIA (EL) presents a groundbreaking opportunity for investors to participate in the real estate market innovatively and inclusively. By leveraging blockchain technology, ELYSIA addresses the limitations of traditional real estate investment, providing fractional ownership, global accessibility, and enhanced transparency. While there are risks to consider, the potential rewards are significant for those who embrace the future of real estate with ELYSIA.

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ZB Bank heist: Four acquitted to be reimbursed forfeited funds

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By Staff Reporter


FOUR suspects who were acquitted in the ZB Bank money heist case which made headlines two years ago will have their forfeited money reimbursed.

The four are Trymore Chapfikwa, Tozivepi Chirara, Dennis Madondo and Tatenda Gadzikwa.

They filed an application for disposal before Harare magistrate, Clever Tsikwa ruled there was “no justification for the State to keep the money when there is no longer a case against the four.”

The amount to be reimbursed was not mentioned.

The prosecution had protested the release of the funds arguing that there was no evidence to prove that seized money did not belong to the bank.

“The cash before this court as an exhibit cannot be lawfully possessed by the applicants.

“They did not provide proof of the source of their ownership. In this inquiry of whether an exhibit can be claimed by an accused, the accused has an onus to show that they are entitled to the money.” said prosecutor Loveit Muringwa.

The four were jointly charged with Shadreck Njowa, Tendai Zuze and Neverson Mwamuka who were convicted on Friday.

Njowa, Zuze and Mwamuka await their sentencing on Wednesday.

Prosecutors proved Njowa the kingpin of the heist and had been hiding in South Africa before coming back into the country in November 2022 assuming the dust had settled.

Njowa and his accomplices robbed US$2,7m and ZW$43 090 that was in the commercial bank’s transit truck headed for seven branches across the country in January 2021.

The security crew and the gang then staged the robbery along the Harare-Chinhoyi highway just after Nyabira Business Centre.

They had reportedly armed themselves with pistols, knives, and three vehicles which they used to carry the cash in transit.

One of the guards, Fanuel Musakwa, transporting the money was in contact with the heist crew.

Court heard the guard requested the driver to pick up some of the accomplices as passengers before they stole the money.

Meanwhile, prosecutor Muringwa has submitted the State’s aggravation urging the court to impose a harsher sentence for the convicted trio.

“The crime had a negative economic impact on the complainant and resulted in reasonable material or economic loss.

“The complainant is in the banking business, the loss of such vast amounts of money certainly had a negative impact on their business as income was lost because of the lack of cash that could have been circulated to its clients earning it the much-needed interest. Wherefore the State prays that the accused be heavily sentenced of the charged offense of robbery as aggravation factors outweigh the mitigatory factors,” he said.

The three will submit their mitigation Tuesday.

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ZB Bank heist: Four acquitted to be reimbursed forfeited US$234k

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By Staff Reporter


FOUR suspects who were acquitted in the ZB Bank money heist case which made headlines two years ago will have their forfeited money reimbursed.

The four are Trymore Chapfikwa, Tozivepi Chirara, Dennis Madondo and Tatenda Gadzikwa.

They filed an application for disposal before Harare magistrate, Clever Tsikwa ruled there was “no justification for the State to keep the money when there is no longer a case against the four.”

The amount to be reimbursed is US$234 000.

The prosecution had protested the release of the funds arguing that there was no evidence to prove that seized money did not belong to the bank.

“The cash before this court as an exhibit cannot be lawfully possessed by the applicants.

“They did not provide proof of the source of their ownership. In this inquiry of whether an exhibit can be claimed by an accused, the accused has an onus to show that they are entitled to the money.” said prosecutor Loveit Muringwa.

The four were jointly charged with Shadreck Njowa, Tendai Zuze and Neverson Mwamuka who were convicted on Friday.

Njowa, Zuze and Mwamuka await their sentencing on Wednesday.

Prosecutors proved Njowa the kingpin of the heist and had been hiding in South Africa before coming back into the country in November 2022 assuming the dust had settled.

Njowa and his accomplices robbed US$2,7m and ZW$43 090 that was in the commercial bank’s transit truck headed for seven branches across the country in January 2021.

The security crew and the gang then staged the robbery along the Harare-Chinhoyi highway just after Nyabira Business Centre.

They had reportedly armed themselves with pistols, knives, and three vehicles which they used to carry the cash in transit.

One of the guards, Fanuel Musakwa, transporting the money was in contact with the heist crew.

Court heard the guard requested the driver to pick up some of the accomplices as passengers before they stole the money.

Meanwhile, prosecutor Muringwa has submitted the State’s aggravation urging the court to impose a harsher sentence for the convicted trio.

“The crime had a negative economic impact on the complainant and resulted in reasonable material or economic loss.

“The complainant is in the banking business, the loss of such vast amounts of money certainly had a negative impact on their business as income was lost because of the lack of cash that could have been circulated to its clients earning it the much-needed interest. Wherefore the State prays that the accused be heavily sentenced of the charged offense of robbery as aggravation factors outweigh the mitigatory factors,” he said.

The three will submit their mitigation Tuesday.

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‘Some wins, some losses’ — Priddy Ugly announces he’s ‘quitting’ music

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TshisaLive


Rapper Priddy Ugly is hanging up his mic.

Taking to his X timeline recently, the rapper released a statement explaining that Dust will be his final album.

“It’s been 15 years. That’s 3 albums and 3 mix tapes. That’s 5 EPs, 500 features and thousands of verses, Millions of minds blown (that’s word to my pen). That’s a whole wife and daughter, some homies gained, some homies lost, some bruised egos and a whole lot of love, some wins, some losses, some horns, some crosses,” read the statement.

In a separate post he wrote multiple messages on his timeline, detailing how his journey has been.

“This last stretch of making music has been made completely daunting and it’s not coming from the audience. Creating the music has been organic and seamless, everything else has been very challenging. It has completely sucked the eagerness for me to want to keep doing it in this way”

“I’ve had to be my No 1 fan, my biggest motivator and source of inspiration. The artists and  producers I’ve created with really fuelled my energy when my spirit was completely depleted. The conversations had and love shared boosted me in times where I was literally fighting for my life.”

Taking to Instagram in March in 2022 , the rapper wrote about the importance of support in a society full of pressures.

“You need to give yourself time to heal. Even with the scars that remain, may they be reminders of where we come from. May they remind you that you are strong. Life puts pressure, social media puts pressure. Don’t find yourself not worthy of living. Find the light within you and spread that light. Pick yourself up, grab a helping hand. You are loved and you are worthy of life. Hang in there,” he said.

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