Real Estate Investor Magazine South Africa September 2013 | Page 66

USA the really wealthy and the cars were built bespokely. Henry Ford came along, created mass production and said, “You can have any colour you like as long as it was black.” The Model T Ford revolutionised the transportation industry and made transportation available to the middle class. Wealth Migrate is doing exactly the same to international, commercial and local property, allowing everyone to create global wealth through property and it will revolutionise property forever! Still, across tens of thousands of projects and investments, the total funding can really add up. In the past five years, the 30 largest lending portals raised more than $1.5 billion. The largest reward platforms collected nearly half a billion dollars cumulatively. Donation sites raised hundreds of millions of dollars. Venture capital portals raised just tens of millions of dollars, but that number is expected to rise dramatically in the near future. In aggregate, crowdfunding portals are already a multi-billion dollar industry, growing at more than 50 percent a year. Donald Trump joined the industry in 2013 as he funded a crowd-sourced portal called Fund Anything. This shows the maturity of the market and how quickly the industry has adapted. In 2013 the legislation in the USA has now changed and allows investors to have a equity stake. This is perfect for property and allows Wealth Migrate to provide the first International Crowd Funded Property portal. Basically the analogy is the same as motor cars. Before Henry Ford, cars were only for Wealth Migrate’s mission is to provide a global, self-service, crowdfunding property solution, which takes advantage of local propert y markets, through best of breed partners and collective buying power. This will be optimised by a Global IT Platform, providing transparency and eff iciency of property markets! Basically a simple solution