Topic: [ANN] Property Coin | Institutionally-managed and asset-backed cryptocurrency - page 4. (Read 1344 times)

Aside from the fact that we think we are better than any other asset backed tokens (our humble opinion), there are three main reasons we can point to. Transparency, experience and product.

Transparency - In recent months, there has been some speculation and suspicion surrounding whether or not certain “asset backed” tokens actually have the assets supporting them that they claim. Each month, we will publish investor reporting to the Property Coin website, including accounting for the material assets owned by Property Coin holders. This valuation will provide investors with transparency as to the the nature and value of the underlying assets owned by Property Coin.

Experience - Unlike many other token platforms (both asset backed and non asset backed alike) our company exists, is operational and most importantly, is producing profitable assets. Our team has extensive experience operating and building similar businesses and we held senior positions at competing businesses at significant scale (more than $1B of annual purchases/originations). Similarly, our marketplace has strong, existing demand and does not require adoption from customers that may or may not come with time.

Product - Most real estate related ICOs have largely been focused on either large commercial real estate projects or blockchain based title registries. We are the only ICO, that we know of, offering diversified and professionally managed exposure to the U.S. residential real estate market.

Our assets are short duration assets, typically 6-9 months weighted average duration and we like to think that we have more “street level data” on what is going on in our markets (markets we chose because of their traditionally low volatility) so we would hope to be out of our current inventory before any substantial losses hit.  That’s not guaranteed and there are definitely risks involved with investing in real estate but in my opinion, I like having an asset backing the value of the coin vs. other ICOs.

Let me help you with that

https://medium.com/property_coin/issuing-an-ico-in-the-us-one-companys-experience-aeca56d6444d

Wanted to share with everyone this article, pretty short read, I found it interesting because it goes into what are some of the considerations  to take into account when creating and ICO.What are your thoughts on it ?

That's nice and very important for success of project.

hey! any unsold tokens have no value and will be owned by the token holders.  Because this is an asset backed token, the value per token should not be dilluted by any additional sales because 100% of the net proceeds will be used to buy more real estate assets.  Its very different than traditional ICOs in that way.

ICO not started yet. I think KYC terms will be finalize before start of ICO.

How can I insure myself to be eligible to be verified for the kyc? I really love the project and would want to be part of the ICO!            

I think , up-down in property prices will be very important factor.

What are some of the posible risk in investing in your ICO?               

Good afternoon, team and the community! what are you going to do with the unsold tokens? are they going to be burned?

Medium lists Property Coin among a curated list of other security tokens!
https://medium.com/@tatianakoffman/your-official-guide-to-the-security-token-ecosystem-61a805673db7

ProperyCoin ICO will start oon 1st May.

When the main round of ICO will begin as you have replied to someone that currently it is in private sale round. On the opening page it is mentioned that ICO begins in February which is misleading and if someone doesn't proceed further have conclusion for this to be closed long ago. You have interesting approach that's why I will have it on my watch list for future.

What type of token is Property Coin and what does it imply?

It is stated in an interview with your founder Andrew Jewett, that property coin is helping communities? could you please elaborate more on how this ICO is having social impact? is it similar to the concept of gentrification?

How long does the verification process take?           

What makes Property Coin stand out from the rest of similar ICOs on the market?               

Thats very interesting question. Even I want to ask same thing. What plans they have if value of properties goes down?

In case of a housing crash and the depreciative value of housing, how will the token keep its value?