The Race
By: Harta Tech
Tags: Cryptocurrency, Defi, Token, Tokenization, Token Sale

Team Harta has done research and conservative projections of how scalable the Harta Mainnet & App can be.

Harta’s operations can be categorized into 2 main units. They are: (1) Asset Synergy and (2) Asset Tokenization. Asset Synergy consists of management, tracking, oracles and lending. Each of these functions will contribute revenue in forms of interest, transaction and subscription fees. Further elaboration of these fees include but are not limited to: (A) Oracle Application Fee, (B) Asset Synergy App Subscription Fee, (C) Lending Application Fee and (D) Lending Interest (Fees are payable in Harta Tech Tokens unless stated otherwise and can be amended if required.)

Below are projected revenue for the project with respect to their functions:

(1.A) Oracle

With reference to local official institution’s publication and source, the statistics for Housing Loan Applications in 2019 amounted to 460,000. With assumptions that Loan Applications for Commercial Property, Industrial Property and Land are 50%, 10% and 5% respectively of the total 2019 housing loan applications, the total loan applications for most real estates would be approximately 759,000. If Oracle Fees are charged to every single application at $1.00 each, this would produce a revenue of $759,000 per year. You might be thinking why would loan applications require Oracle? That is because Oracle is the source for transparent and accurate asset pricing data that Financial Institutions can refer to before any loan applications can be approved. This reduces the risk of over disbursement of funds, bad debts and irrecuperable funds while also saving processing time and reducing manpower costs. Retail, professional and institutional investors will also rely on Oracle for any investment purchase decisions as well. How else would they know if the purchase they are about to make is of the appropriate market value? Referencing official source, 322,438 property transactions occurred in 2019, which was an increase of 4.8% in volume year on year in Harta’s local region, a revenue of $322,438 is further estimated, bringing the total to $1,081,438 per year just from Oracle alone. Harta plans to expand internationally by Q2 2022 (refer to whitepaper roadmap). This will lead to more adoption and increase in market share and in turn leads to a projection that can only grow to higher levels.

(1.B) Asset Synergy App

The App can be used by asset owners that could come from retail, professional or even institutional investors. With the App, users can easily manage, track and monitor their assets performance, payment and status. The App will be built upon Harta’s Mainnet, which will produce speed, efficiency, transparency and accuracy for users. Based on the same adoption rate calculated for (1.A), a monthly subscription fee of $10 will yield $2.2M per year. Harta estimates a yearly revenue growth of double digit percentages for the next 5 years.

(2) Asset Tokenization

Harta currently has an existing portfolio of Assets with an average rental yield of 4.19% p.a and price appreciation to date is at 65%. Utilizing the same experience and foresight, Harta aims to help Harta stakeholders further accumulate and grow their holdings through the Asset Tokenization offering. Only carefully researched and selected assets will be put up for Tokenization, which will be managed by Harta and owned by the Tokenized Asset Holders, which in turn leads to further growth of the Harta ecosystem as each functions will further support and solidify the investments. (Asset Tokenization is categorized as security tokens and can only be launched in approved jurisdictions with stringent KYC/AML processes.)

PS Harta Tech Token launch is just around the corner!! 🎆✨🎆✨🎆✨ Stay tuned…