Realty Coin is a global real estate business, backed by blockchain tech. It is a crowdfunded project for the masses. The working model is to buy large amounts of property for cheap prices, which the company will later sell for high profits. The profits are expected to be in range of 10 – 70%. The company scans and makes a steal on abandoned properties, legally challenged properties and damaged ones. These are projects that bring huge profits for the company. 10% of the revenues will be shared with token holders, who participated in the ICO. The payment is to be made during every quarter of the year. The payment can be processed in either Ethereum or Bitcoin.
Realty Coin Tokens:
Realty Coin focuses on making its token, a valid payment option in realty space. The tokens can be used to purchase a house or to pay agents locally in future. The company is in talks with more builders to promote acceptance of their token. They are also reaching out to other businesses in real estate. More and more businesses are signing up with the company as we speak. They have agreed to accept realty coin as valid payment option. As soon as the agreements are launched, the project will go live. That is when you can start paying with your coins at listed companies. It helps save a lot of hidden costs involved. Thanks to smart contracts, trust is never an issue.
Current Real Estate scenario:
Real Estate is still the most desirable long term asset globally. Home sales have increased by 31% in Santiago during first half of2017. 8 out of 10 units sold were apartments. Realty Coin is based at Chile. They can take advantage of the real estate boom there. During the mentioned time frame, almost 8000 homes we sold in the country’s capital. Approximately 6500 of these units were apartments among the 8000 units.
Team behind Realty Coin:
The Realty Coin is backed by an active and dynamic team in Real Estate, legal matters and technology. Daniel Derezunsky, the CEO of Realty Coin himself is a big time cryptocurrency enthusiast. With hands on experience in direction of low cost properties and legal matters, he will be doing what he did for third parties. Andreas Montoya Garcia, the business advisor is also from Chile, having extensive knowledge in real estate capital of the country.
ICO and token details:
This ICO enjoys an impressive Fundico rating of 7.7. The presale is already on. You can avail 30% bonus in this presale. 0.1 ETH is the minimum for eligible contributions. Each ETH buys you 300 RTC tokens. Converting it in fiat value, each RTC equals 0.12 USD. The proceeds for great part will be directed towards software development. Marketing costs and acquisitions are the immediate next large usage plans. Surprisingly, this is an ICO that accepts PayPal, besides the obvious ETH payment option. You can also pay through your VISA/Maestro cards. The main ICO will begin on 19th January 2018.
Important Links:
Please find the important links related to the project below and stay updated:
Website: http://therealtycoin.io/
Whitepaper: https://drive.google.com/file/d/1PzK-giINj4rtBbI0NLeQnS5JTiQacwbs/view?usp=sharing
Twitter: https://twitter.com/realtycoin1
Facebook: https://www.facebook.com/therealtycoin/
Telegram: https://t.me/therealtycoin_ico
Kind Regards!