Real Estate
Property Coin – Security backed Real Estate
Property Coin
This is a young company, offering the ability to invest in a professionally managed real estate portfolio. More specifically, their proprietary platform finds opportunities for investment in residential homes.
The team at Property Coin is fully aware of two things:
- Security Tokens are the future
- Real estate portfolio growth requires large amounts of capital.
With this in mind, the team has decided to tokenize the company. This means that everyday investors will be able to buy tokens (PCX), which represent a 1:1 share in the company. As the company grows and accrues more assets, so does the value of a token owner’s investments.
In a recent interview with ‘Crypto for the Good (and Plenty)’, Property Coin CEO, Andrew Jewett, was asked a simple question:
In 5 years, Crypto will be…?
He responded, “Ubiquitous. I think you’ll see a mass adoption of not only the use of crypto for payment but crypto/ blockchain implementation in traditional capital markets. Securities markets are such a logical fit for the implementation of cryptography and blockchain based investments that eventually, all securities will be security tokens.”
How do they do it?
The whole process is a simple one.
- Investors purchase Property Coin.
- Property Coin invests this funding into high-return real estate flips.
- 100% of the profit upon flipping a property is re-invested into further properties
- Investor’s Property Coins grow in value alongside the company’s assets
- Token holders are entitled to 50% of earning profits.
The choice of property to invest in is completed through use of a proprietary platform developed for Property Coin. This platform allows for a thorough property assessment (current value, potential value, rehabilitation needed, etc.) At their current pace, over 1500 properties are assessed daily.
It is this same platform that allows for loans to be issued to investors of the platform. This is offered as a secondary service to the accruing of assets.
Transparency
One of the benefits of working with security tokens is the necessary transparency. Security tokens are regulated more heavily than other token types. It is these regulations that enforce the divulgence of company information to investors, as they, themselves, ARE the company.
In providing transparency, Property Coin will make the property value of every asset known to investors. Token holders will be able to track the growth of their holdings, and how much money they have made in the process.
For an example of a monthly progress report, click HERE
At the Helm
Leading the charge is a duo of professionals experienced in the Real Estate industry. The team boasts over $150 billion worth of real estate closings.
Andrew and Matt each majored in Finance, and have gone on to accrue a wealth of knowledge in the real estate industry. Both founded Aperture in 2016, which has experienced great success. There is no reason to believe this venture, building off of Aperture, will be anything but successful.
While the STO for Property Coin has finished, the PCX token will be available on popular exchanges in the near future.
To learn details about the project, please view our Property Coin Token Listing page.
