First thought is: Do we need another Crypto Coin?
Being long-time crypto enthusiasts, the first thing we all wonder when we stumble upon a new crypto token is:
“Oh look at this one. It’s another crypto coin. Let me guess, you guys will make an ICO, then dump the rest of the coins and go to Panama? I am not falling for another one of those crypto-scams!”
Well, here we are explaining to you how this time it’s different. We have a team of optimistic business, real estate & technology Cryptoprenuers. And we always talk about why cryptocurrencies are looked down upon. We think it’s a mixture of the following:
– young inexperienced visionaries who are great with technology, but bad with business and with responsibilties
– people present an idea to the world and get discouraged right after the ICO completion collecting millions and skipping town
– lack of any regulation means no one will make anyone responsible for malicious acts or scams
– some people just want to scam people
So to answer your initial question – Yes ! It is another coin that had to be made and we hope this will be a good one. We made this one an ERC20 Token on the Ethereum network. We are setting off to make this coin an asset-backed token. Our asset of choice will be primarily Real Estate. That is due to it’s historical nature of being the most appreciating asset. We are a full transparency project and will be posting documentation supporting our structure & rationale.
We are excited to bring this project to our participants and hope to grow together! There is a ton of work to do. Get in touch with us if you are interested in participating.