Real Estate on the Blockchain
Property is still the biggest investment that a majority of people will make in their lifetime
Getting onto the property ladder has got a lot tougher over the last few years, pricing a lot of first time buyers out of the market. This is especially true in some of the more exclusive markets worldwide, with capital cities becoming increasingly inaccessible for the ‘average buyer’.
That’s one of the reasons this project caught my eye, as not only would an investor be investing in cryptocurrency, they would also be gaining added benefit from the assets that back up this particular coin.
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The opportunity to use the coins to stay at exclusive properties in Dubai - with more international property hotspots on the horizon - is just one of the benefits. Holders of Domus Coin (DOC) get a special discounted rate on stays at any properties in the portfolio.
Rental proceeds are distributed proportionally to token holders, with property price appreciation giving an added incentive to hold on to the coins. This appreciation in the value of the property transfers to the coin value which is then used to purchase further properties and grow the portfolio exponentially. If a property in the portfolio is sold, then any profit will also be distributed to holders.
This is all ignoring the fact that you could choose to sell your holdings at any point via external exchanges, although this will obviously then remove any rights to profit sharing from that point.
Get involved and share in an international property portfolio from the ground up
To ensure the transparency of the project and any funds invested, they will be using the services of an external auditor. They will be tasked with certifying the value of DOCs circulating in the market, the value of the properties used as collateral, and the overall company health. This, in addition to using the blockchain where all transactions are registered and accessible by everyone, offers an extra level of assurance in the investment.
For further details, check out their website: https://www.domuscoins.com/
Any investment in an ICO is always made at your own risk. Detailed research should be conducted before committing to investing; and if you have any doubts, the answer is simple. Do not invest.
Check this game out, look close with an open mind with what this new concept is doing with open source Ethereum ERC-20 smart contracts, decentralized exchange and passive income. The game has passed the crypto kitties game on the Dapp Radar. The smart contract is coded to tax 10% of the ETH. when users purchase the (P)roof (O)f (W)eak (H)ands tokens and divides the ETH. tax to people who are already holding and also 10% of when users sell “20% total”. The name of the game is to hold as long as you can while you get earnings from the constantly taxed “Strong hand” buys and the taxed “weak hand” sells. If you don’t want to play anymore, you can pull out all your earnings all at once but with a 10% tax fee that gets divided to the stronger hands. This is what the ERC-20 smart contract is programed to do. Doesn’t hurt to look at the contracts open source code at least, don’t let the opportunity pass you by.
https://powh.io/?masternode=0x32c37e7ca38be1f85cd9e85c81ac9b6730f43e3e