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Topic: [ANN] Property Coin | Institutionally-managed and asset-backed cryptocurrency - page 5. (Read 1344 times)

newbie
Activity: 42
Merit: 0
In your recent infographic:https://propertycoin.re/en/blockchain-and-realestate/  you mention a hands-off approach in investing.However, I would like to know what is taken into account in choosing a property?  are the holders of PCX informed on what properties are acquired?
newbie
Activity: 182
Merit: 0
Read latest review by Icoshrimp:  ''Property Coin PCX is leading to offer a digital solution in the real estate sector'', click on the following link to learn more https://icoshrimp.com/property-coin-a-real-estate-token-powered-by-aperture/
jr. member
Activity: 84
Merit: 3
Andrew Jewett chose to issue the firm’s new coin as a security under Regulation D section 506. what went in to the decision to go the route of Reg-D? Smiley

The decision was actually based on the total amount of capital that you can raise.  Reg A+ limits you to $50M  and, while that is our initial target, we didn't want to limit ourselves to that number so we chose to go with Reg D
newbie
Activity: 136
Merit: 0
How will you determine the number of PCX tokens initially purchased by PCX investors?               
newbie
Activity: 42
Merit: 0
Andrew Jewett chose to issue the firm’s new coin as a security under Regulation D section 506. what went in to the decision to go the route of Reg-D? Smiley
jr. member
Activity: 84
Merit: 3
How much PCX have been sold so far? Just curious  Wink            

Thanks for your question gxmonitor right now we're in the private sale at the moment, so the amount is not yet public.
newbie
Activity: 182
Merit: 0
How much PCX have been sold so far? Just curious  Wink            
newbie
Activity: 136
Merit: 0
Does Property coin have a great team?
jr. member
Activity: 84
Merit: 3
What does Property Coin do?

Property coin gives you an exclusive opportunity to participate in a fully regulated coin that is backed by real estate assets and loans. To our knowledge, there is no way, currently, for investors to invest in an institutionalized, technology driven fix and flip investment strategy at scale in the U.S. or elsewhere. Traditionally, residential fix and flip strategies are only available to “country club” deals made by the ultra wealthy. Property Coin is changing that. We aim to democratize access to our investment strategy by giving investors the opportunity to share in the profits produced by our existing operational and technological platform.
newbie
Activity: 182
Merit: 0
What does Property Coin do?
jr. member
Activity: 84
Merit: 3
Are you talking with any of the current security token exchange projects like tzero or polymath?

"We have had preliminary conversations with a few securities exchanges, yes but nothing to report just yet on that front.  We will be sure to let the community know as those conversations progress.

It is our belief, that token markets are headed toward  securities markets so we are excited to see people like T0, Polymath, Templum and others start to work towards that end goal.  Very exciting times indeed!"
member
Activity: 434
Merit: 19
How do I profit by purchasing property coin?
Funds received during ICO are planned to be allocated for real estate investments that will be distributed among token holders.
newbie
Activity: 182
Merit: 0
Are you talking with any of the current security token exchange projects like tzero or polymath?
jr. member
Activity: 84
Merit: 3
How do I profit by purchasing property coin?

Aperture will invest 100% of the net proceeds from the Property Coin ICO in real estate and loans owned through the Property Coin purchasing entity (PCX, LLC and affiliates). Each coin holder will own a fractional percentage of all assets owned by Property Coin. Coin holders will also be entitled to 50% of the net profits from these property and loan investments. Aperture will re-invest those profits in new real estate related investments, with the intent of creating a natural price appreciation effect for coin holders.
newbie
Activity: 42
Merit: 0
How do I profit by purchasing property coin?
jr. member
Activity: 84
Merit: 3
jr. member
Activity: 84
Merit: 3
From which country do you want to start your work in order to successfully show yourself?
Property Coin is focused on several metropolitan markets across the United States (in terms of property acquisition activities).

That is right, United States is our main focus right now At present, our acquisition business is focused on several metropolitan markets across the U.S., which represent approximately 8% of the total population. Our lending operation will initially focus on 30 states, representing approximately 90% of the U.S. population.

Initially our expansion markets will focus on the United States. Over time, we will evaluate expansion into other countries as well, when we believe that a reasonable opportunity exists for attractive long term risk adjusted returns when compared with the U.S.

Also we want to make the announcement that we bought our "Genesis House".

100% of our employees pooled together and purchased PCX with their own money. Property Coin used that money to buy its very first property, our "Genesis House" in Dallas, TX!
jr. member
Activity: 84
Merit: 3
I want to know  is your coin  minable?? Huh

No Stephanie14. This coin is not, we want to maintain the supply of the Token fixed because this is an asset-backed token.
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