Introduction

SMP Coin (Shree Mahakali Properties Coin) is a token which is developed to eliminate some of the current existing drawbacks which the buyers and sellers are facing in this sector.

SMP token is revolutionizing the Real Estate in India by tokenizing it &

Revolutionizing by Building the System on Blockchain.

This coin has been a key project of SMGC, Shree Mahakali Group of companies which is an aggregation of various companies into one.

It has been created and developed on Binance Smart chain which

allows it to deploy Smart contracts into picture.

Why Was It Created

The token is developed to eliminate some of the issues faced by Indian Buyers & Sellers in Real Estate Scenario; Following are some of the immediate issues faced by property Buyers & Sellers that need to be addressed

• Real Estate Brokers earn commission from both the buyers and sellers. They intimidate the sellers into committing a lower price and convince the buyer to intimidate the sellers into committing a lower price and convince the buyer to pay high price thus increasing their share in this transaction. This leads to unfair dealing in the transaction.

• Due to lack of funds sometimes builders sell one single unit of flat to different buyers, after which there is often court cases being lodged & result is awaited, this problem is often termed as builder dishonesty. Sometimes due to less research the buyers get played into buying a inherited property, even if one does try to explore, there is no assurance of finding every detail as such records aren't published for public and hence kept recorded in papers, in case of inherited properties it is mostly owned jointly by more than one person and unless a NOC is registered from all owners, the deal stands litigated awaiting the court's decision. There are numerous ways of getting robbed by dishonest businessmen due to absence of transparency in property dealings.

How Does SMP Coin Marketplace Help in Real Estate?

Middlemen or intermediaries like brokers can be eliminated through a

transparent system where buyers and sellers can directly deal with each other, the system is a P2P method of operation in which the property deal is between only the key players in the transaction.

Only the Buyer and the seller may do the transaction and title agent will be from SMP Coin Platform to ensure title swap and smart contract process.

Fewer Intermediaries would mean fair trading, Blockchain provides ultimate transparency where buyers and sellers can perform their businesses, choose property on sale, verify prices, deal with the developers directly and make the payments which are recorded publicly and cannot be tampered with.

This implementation of a common database will end up with brokers being left out of the picture completely.

Standardizing Prices

All properties by all developers in SMP Coin Platform will enable the buyers to compare property prices and enforce competitive pricing by the property dealers.

It will have an overall impact in standardizing the real estate market and

eradicate the chances of hyper-pricing.

Optimizing Development & on Time delivery

With a common database being used by builders, tenants, land owners,

buyers, investors and all other stakeholders associated with it, most of the

processes get streamlined and cuts out the paper work.

This eliminates corruption, land acquisition issues and litigations.

SMP Coin/ Token

SMP Coin or Shree Mahakali Properties Token is a common method of

payment used throughout the SMP Marketplace.

This Token technology is based on BEP20 which enables it to make Smart

Contracts.

Through the Binance Smart chain there are various possibilities that open the door for their token.

The Supply of the token is 100 Crores.

Through Burn events conducted by SMP, they will control the supply of the coin.

With the help of SMP Coin, you can

• Purchase and Sell property, Land & more on SMP Marketplace.

• Stake it on SMP Marketplace to Earn Passive Income.

• HDOL The token and Beat the Inflationary Rate.

• Use it as a payment method in the future.

SMP Token is BEP 20 network token and is made on Binance Smart Chain

which guarantees security of your token in your wallet; it is unhackable

and cannot be manipulated.

Transactions using SMP tokens will be visible to public as the transaction

history and particulars are stored on the public ledger and blockchain,

which makes it transparent and free from corruption.

There will always be demand for SMP Token as the supply will be

controlled by the SMP Token Team itself, various burn events will be

conducted in order to maintain the ratio of Demand: Supply in the

market.

Where to Find The SMP Coin

The coin will be listed on most of the major exchanges which include -

1. PancakeSwap

2. Hotbit

3. Bitmart

4. Binance

5. CoinDCX

and other Trusted Websites such as, CoinMarketCap & CoinGecko.