Property Abroad
Blog
Elumer.io - A global Georgian language project to build a secure asset processing database.

Elumer.io - A global Georgian language project to build a secure asset processing database.

Elumer.io - A global Georgian language project to build a secure asset processing database.

The world of technology is progressing rapidly - creating new concepts and trends that affect our lives. Today, in the era of decentralized Internet, we are facing Web 3.0, which allows us to restore trust, security and proper functioning of the digital economy.

Another important active property is virtual real estate, whose market capitalization exceeded $1.4 billion in 2022 and is expected to reach $5 billion by 2026. It was for this global trend that Irakli Motsereli and Nikoloz Khechuashvili created Elumer.io, a digital platform that allows you to buy, sell or exchange virtual property within minutes.

The founders noticed a problem in the market that despite such a high potential for technology development, there was no single place where a user could perform all types of financial transactions related to virtual property - buying, selling, renting, leasing, mortgaging, auctioning, advertising, investing and others. Buying virtual property is becoming increasingly popular and financially significant. In addition, the Georgian startup has created a global multi-functional decentralized platform where all the necessary financial tools will be available in one place.

In addition to this, Elumer.io offers exclusive services such as mortgages, rental income, buying a business, and more. Compared to other NFT Marketplaces, Elumer.io has a lower commission (20-50%) and when using the Elumer.io platform, the user pays only 2% commission. Given that Elumer is a decentralized system, the user is fully protected and uses a safe and secure system. This way, they don't have to worry about fraud or mis-selling when selling. Compared to other platforms, Elumer.io offers more benefits - making it more attractive to use. The platform focuses on a specific industry and offers the user all the services related to that industry. In addition, Elumer has exclusive services such as mortgage, rental income, business purchase and others.

The founders of Elumer.io say the project requires a lot of effort and attention. They observed that they have active discussions with international investors and potential partners, which in turn is time-consuming. Consequently, they are beginning to negotiate Elumer's first round of funding to start executing plans at $3 million. This is just the beginning. There's still a lot left to do. We have always strived to find people who share our two passions. We started looking for ideas and research. LinkedIn and general visibility helped us a lot with this.

Recommended real estate
Buy in Turkey for 1951100€

Sale villa in Istanbul with park view 2 106 881 $

4 Bedrooms

4 Bathrooms

289 м²

Buy in Turkey for 6581900€

Sale hotels in Istanbul with city view 7 107 418 $

46 Bedrooms

46 Bathrooms

1799 м²

Buy in Turkey for 496500$

Sale flat in Istanbul with city view 496 500 $

2 Bedrooms

2 Bathrooms

82.88 м²

Buy in Turkey for 195000$

Sale townhouse in Izmir with park view 194 999 $

1 Bedroom

1 Bathroom

49.54 м²

Buy in Turkey for 171000$

Sale flat in Istanbul with city view 171 000 $

1 Bathroom

50 м²

Buy in Turkey for 306000$

Sale flat in Istanbul with sea view 306 000 $

2 Bedrooms

2 Bathrooms

87.25 м²

As a result, we have received impressive support from Elumer's entrepreneurial team. They noticed that the right idea and the right team is a straight recipe for success. The project has six staff members. On the technical side, there are four web developers working. We all recognize that the first hurdle was overcome by the tremendous efforts of a skilled team. Their view is that the team and is the key to the successful execution of the business and strategic development of the platform. As Irakli Mocereli emphasizes, Elumer is a fully global product, but our initial steps are related to the United States and the continent of Europe. As we recall, we are creating a single space where the user can perform all kinds of economic activities related to virtual property, which is superior to simply owning virtual property. Such a space has not existed until now, and we are the first. It's worth noting that based on analytics, the digital capitalization of virtual property will be $5 billion by 2026. Our goal is to cover at least 25% of the world's virtual property base," notes Irakli Motsereli.

Slowly gaining momentum, the project requires a lot of attention. The industry is growing at the speed of an electric train, so it's important not to miss a single detail. According to the team, the project has active negotiations with international investors and potential partners who are active all day and night. "Elumer is a fully global product, but our first steps are related to the US and the European continent. As we recall, we were looking for people who might be interested in the idea. We have actively begun our search for qualified teams. This is where LinkedIn and general familiarity helped us. As a result, thanks to the intensive efforts of the team, we have found like-minded people who are the key to success," notes Irakli Motsereli.

Comment