THIS COULD BE THE FUTURE MOST VALUABLE CRYPTOCURRENCY THAT YOU NEVER HEARD OF BEFORE (NOT YET RELEASED)

in #cryptocurrency7 years ago (edited)

This could one day be in the top 10 cryptocurrency cap market list. The stock market of Real Estate
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REIDAO (REI). REIDAO Decentralize real estate ownerships. REIDAO seeks to introduce crypto assets that are backed by a particular real estate in the real world. This will create an exposure towards the real estate market for the crypto assets holders, such as rental income generation and capital appreciation from the underlying property. These crypto assets will follow the ERC20 Token Standard, and will be able to be integrated with other services on the Ethereum blockchain. REIDAO is creating tokens (digital assets) backed by real estate with its unique Token ID for every property that is listed on the platform. Every Token ID will have its own cap of tokens available/created, its own valuation - based on the property that is backing it, and its own track record (of price movements, rental income/dividend, and so on). They want to democratized property opportunities, to be accessible by everyone, wherever they are. By buying and selling tokens, you are in a way buying and selling fractions of the underlying property. They created a structure including Public Trust Company to create the link between the tokens and the actual properties. They are going to create a stock market for Real Estate.

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tbh i also make this kind of coin, and my coin will be audited quarterly.

Very interesting concept. When will these be available on exchanges?

no information on ICO yet or crowd sale it will be soon

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