Topic: [ANN] Property Coin | Institutionally-managed and asset-backed cryptocurrency - page 6. (Read 1344 times)

Property Coin is focused on several metropolitan markets across the United States (in terms of property acquisition activities).

From which country do you want to start your work in order to successfully show yourself?

I want to know  is your coin  minable??

21,000,000 PCX

What is the total supply of coin?

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 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.

The key difference maybe that team claims to have real business with real working system to analyze and select real estate objects.

We all know many out there that have a property business and the result is also very tempting. I really hope for this project to be successful and increasingly developed again in the field of property in crypto.

Exactly, that is the plan for the entire project, Our vision is to grow Property Coin (PCX) into a $1 billion property and loan portfolio that revitalizes neighborhoods, promotes affordable housing and delivers profits and value appreciation to our investors.
Property Coin is designed to enable the growth of our existing real estate business (Aperture) that uses a combination of proprietary technologies, market analysis, and human expertise to capitalize on investment opportunities in the $162 trillion global residential real estate market.

The capital provided by Property Coin investors will be used to grow our property investment and loan origination businesses to scale in a market that has traditionally lacked institutional discipline and creativity

"We want this to be a project that is accessible to the masses but also want to ensure we can gain a critical mass of funds raised. Remember, we’re buying houses, not T-Shirts. While this may be higher than other ICOs, it’s still on the low end for real estate related investment platforms who typically require $2,000-5,000 minimums and often take a cut from both the issuer and the investor!

Additionally, our hope is that by issuing PCX at an initial price of $50, we can help to combat some of the “pump and dump” schemes that are being perpetrated in the marketplace."

What is the difference between Property Coin and the other real state ICO projects?

Why is the initial price and so high?

Yes you are right. It's time to do it already. Many projects have tried to do this in real estate, but the result is not visible.
You have a chance, guys, to take your place in the market.

The property project is a great thing to be developed with crypto because with the existence of a project like this it can make it easier for beginner investors to look for projects with high probability of success, but this field should also have many colleagues and professional partners. personally the concept and feature is good enough how the team work hard for many investors who want to join. Success for this project.

Good question.  We've been working for 6+ months with Dentons, a highly respected structured finance, securities and regulatory law firm on the structure and we are offering our token as a Reg D offering in the U.S. and Reg S offering outside the US.  We are in the process of finalizing our offering memorandum this week and will hopefully have that available shortly thereafter.  As I know right now, and I'm not a lawyer so please don't take this as legal advice, you can offer ERC20 tokens as securities, its the way in which you offer those securities that are restricted (hence why we've been working with Dentons for so long).

So currently the coin is an ERC20 token but given that you are a security token (source: whitepaper) how are you ensuring you are compliance to security laws currently? My understanding is that you simply cannot with ERC20 but that maybe wrong…

Thanks for the information. we will try to get listed on the website.

Exciting news for Property Coin Team Leading Startup Consultant and Growth Adviser, Jakub Dluhy-Smith joins Property Coin’s Advisory Team, which means we have one more world-class professional with us.

Property Coin, an ICO backed by a professionally managed real estate portfolio on the blockchain, has appointed Jakub Dluhy-Smith as an Adviser
Aperture, a California based, real estate technology and investment company, is delighted to announce that Jakub Dluhy-Smith, entrepreneur and startup consultant, has joined the Property Coin Advisory Board.

Jakub, is CEO and co-Founder of Oak’s Lab, a concept-to-product digital development, process optimization and tech startup consultancy based in Prague, Czech Republic. He is also co-Founder of Oak’s Lab Academy. Founded in January 2018, the Academy has been designed to educate and nurture young people who have the talent and ambition to become future leaders of the technology industry.

In his capacity as Advisor, Jakub will help guide Property Coin as it moves through its ICO and help in the further development of Aperture’s innovative and groundbreaking technology.

“Jakub’s has been, and will continue to be, an incredibly valuable asset to Aperture and we’re really excited to have him involved with Property Coin as well.” said Andrew Jewett, Co-CEO of Aperture.

“Not only will his experience in the startup sector be invaluable as we scale up Property Coin to its full potential but his wide-ranging knowledge and understanding of the global technology sector will help us to identify new opportunities, in the form of tools and talent, that can provide us with the competitive edge we’ll need to ensure we remain leaders in the US real estate market.”

“Our commitment to full transparency in the way we operate extends to ensuring we receive the very best advice and information that will ensure Property Coin’s success. Jakub’s appointment is an excellent example of the team acting in the very best interests of token holders, the people who’re making it possible for Property Coin to reinvent the US real estate market.”

Hello, that's a nice question.

1.- 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.

2.- We have internal controls in place that were created with the intent of limiting just that scenario (i.e. manipulating returns for our own benefit).  We have managed very similar capital scenarios before and know how to manage these processes.  We pride ourselves on being honest, straightforward and transparent operators and the scenario you’ve detailed would fly in the face of everything we stand for.  Aperture, property Coin and related businesses are our livelihood and we’ve taken great care to build a legal and operating structure that abides by the relevant securities laws and this scenario would certainly violate those.  Separately, we intentionally created our structure so that we are aligned with token holders.  If they don’t make money, we don’t make money so the scenario you asked about wouldn’t be beneficial to us.  Lastly, our goal is to make this a lasting and lucrative project that will help us grow our existing business so we want to be transparent with our investors and provide them with strong and stable returns.  Thank you for your question and I hope I don’t come across as being crass but we truly believe this project will innovate the token and securities markets so we are really passionate about doing things the right and honest way.

If you have any questions, feel free to ask us

BTW just a quick update

We have been reviewed by ICO bench

https://icobench.com/ico/property-coin

Make sure the read through the ratings, watch our up-loaded video and ask us any questions that you might have to convince yourself of our exciting project

Property Coin announces expert advisor, Ryan Scott to join the advisory team.

El Segundo, California, Mar 8, 2018 — Property Coin is extremely excited to announce that entrepreneur, ICO expert, tech investor and author, Ryan Scott has joined the Property Coin advisory team.

Ryan has a long history of success in the tech sector, having co-founded NetCreations, a business that he took public without any venture capital and acting as an early investor numerous companies, including Tesla, Lottery.com and others.

Today, Ryan advises a wide range of businesses including Tesla Motors, Tiltify, Sparrow Mobile , Lottery.com and others. He is also Founder and CEO of Causecast, the premier social impact platform for corporate volunteering and giving.

“Having someone of Ryan’s stature on board is a huge boost to our project,” said Andrew Jewett, Co-CEO of Aperture.

“Ryan’s experience in launching businesses across a variety of industries and his specific expertise with ICOs means that his advice will be invaluable as we work to ensure Property Coin’s success. Ryan has such a strong track record that there’s no doubt his appointment will help the Property Coin ICO and help us grow our existing platform.”