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Topic: [ANN][ICO]⭐TNcoin⭐ Tokenized Real Estate Investment Fund⭐ - page 7. (Read 959 times)

newbie
Activity: 112
Merit: 0
Does the project have a lot of community support?
jr. member
Activity: 145
Merit: 6
Seriously too many projects of the same kind. Mostly have failed or are super slow in achieving the objectives and the token price have 0.1x from ICO price.
newbie
Activity: 112
Merit: 0
Hey. And what kind of social networks do you have?
newbie
Activity: 266
Merit: 0
Where are the investments made? Wink
TNCoin will invest in multi-family housing in Tennessee and surrounding areas.  These assets are income producing, institutional-quality real estate that need renovation or redevelopment. The Fund will improve the real estate, refinance the equity, and reinvest the proceeds into additional properties.

Investment Option #1:

The Fund has already identified several properties for its initial investments, one of them being a 68 unit apartment complex located at 1601-1603 Herman Street.  The property was appraised by McGuigan & Associates for $16,070,000.  The full report for this Property can be found in the Supplementary Materials section of this white paper or at  

Investment Option #2:

Another potential investment is a 42 unit residential portfolio in Chattanooga, TN. Management is looking to acquire the portfolio for 2 million dollars. This 42 unit well managed, the mixed portfolio is comprised of 30 single families, 3 duplexes, and 2 triplexes. All properties are within 2 miles of the vibrant downtown area. Many of the units have Gov't subsidized and/or long-term tenants. The properties are all within a mile of each other and are in noticeably growing communities. Several of the homes have undergone extensive renovations limiting the maintenance costs throughout the duration of ownership.

Management has derived a strategy of selling off Residential units with financing options to create notes for a fixed rate of return while reducing the costs of insurance and property taxes. Management believes that this strategy will also help stabilize the token and create a slow and steady rate of return.

Chattanooga, TN is a marketplace undergoing much growth as a result of many Fortune 500 companies including VW, Amazon, Blue Cross Blue Shield migrating to the city in the past few years. The city is a transit hub which lies 120 miles northwest of Atlanta, Georgia, 120 miles southwest of Knoxville, Tennessee, 135 miles southeast of Nashville, Tennessee, 120 miles northeast of Huntsville, Alabama, and 148 miles northeast of Birmingham, Alabama.
newbie
Activity: 266
Merit: 0
Why Blockchain and Cryptocurrency Technologies? Smiley
TNCoin differentiates itself from other cryptocurrency projects by being a tokenized investment fund. This means that each token is analogous to a share in an investment fund.  A natural question that arises is why the Fund would use cryptocurrencies at all, given that traditional share-based investment funds have been around for decades, and are well understood.  For example, the law allowing the formation of Real Estate Investment Trusts (REITs) was passed by Congress back in 1960.

There are a large number of people who own significant amounts of Bitcoin or Ethereum or both, who are looking to diversify their holdings, without converting to fiat assets.  TNCoin provides holders of large amounts of cryptocurrencies the opportunity to buy into a real estate investment fund, the value of whose cryptocurrency will be derived in large part by the performance of the real estate.  In other words, the TN token will derive its value primarily from real assets in the physical world that generate income and which increase in value over time.
Tokenization of traditional assets  (including real estate) is coming, and TNCoin is merely one of the first investment funds to tokenize itself.  Real estate tokenization is happening around the world.
The blockchain will enable real estate assets to be tokenized and traded similarly to Bitcoin.  Property titles and ownership histories will be recorded on the blockchain, and the value of a property will be represented on the blockchain by a token. Blockchain will allow commercial buildings to have a digital address that contains information regarding occupancy, physical characteristics, legal status, historical performance, and financial position. 
As commercial property information continues to disseminate across the globe, brokers will lose their information asymmetry advantage.  The data will be available online and relatable across submarkets and property types.  When it becomes easier for investors to gather information on potential acquisitions, it will be easier to price buildings without investment brokers.
Furthermore the tokenization process will allow investors to exchange their assets with other like investors and access the liquidity they want and need. By using the most innovative protocol like Stellar Lumens, TNCoin tokens will have KYC/AML built into its smart contract to identify other verified accredited investors and can be exchanged after the 90 day period. Smart contracts offer other automated features like disbursement of dividends, self auditing and have built in decentralized exchange known as DEX. Buy using this technology investors can be confident in having the liquidity the want and need.
All this will be built-into a easy and friendly user interface which can be accessed either desktop or mobile wallet.

newbie
Activity: 266
Merit: 0
Hi, I'm new here. Tell us about the project. Very interesting became Wink
Hello and Welcome Wink
TNCoin is a Real Estate Investment platform built on top of the Stellar consensus protocol that allows for the tokenization of real estate assets and for ownership interests to be distributed in the form of digital shares. The smart contract protocol also allows for the automated distribution of dividends directly to each token. 

Up until now the biggest obstacle in both Real Estate and securitized Crypto investments has been liquidity. With our decentralized built-in exchange (DEX), investors will be able to trade their tokens with other accredited and foreign investors, using regulatory framework already in place. The smart contract will allow for verified accredited investors to exchange amongst themselves without oversight and in a self-governing environment. Investors will also have the ability to hold their assets off the exchange and maintain total control.

Our company’s aim is all about creating a direct relationship between Real Estate Investors and Real Estate investment opportunities. We are champions for risk-adjusted returns as every investment is made up of a set of risks and rewards. 

Investors now have the opportunity to store and hold their digital investment in Stellar based wallets like Ledger.  We use digital assets to democratize access to real estate opportunities. This also allows for fractional liquidation and ease of exchange with other investors. The TNCoin platform will include both a desktop and mobile wallet with a friendly user interface.

Our property token is unique and follows a standard that makes it very usable for other services that are built on the XLM Stellar consensus protocol. The advantage of TNcoin crypto asset is to provide more liquidity to investors in a currently illiquid Real Estate and SAFT sale market.

For investors with multiple cryptocurrency holdings, TNcoin will help stabilize their portfolio by providing a steady rate of return through rents while enjoying the capital appreciation of the Real Estate assets. TNCoin also offers safe havens for 1031 exchanges.
newbie
Activity: 28
Merit: 0
Great that they are currently working on creating Stellar smart contracts. And July 30th, 2018 is the target date for ICO.
newbie
Activity: 9
Merit: 0
Another one potential investment is a 42 unit residential portfolio in Chattanooga, TN. Management is looking to acquire the portfolio for 2 million dollars. This 42 unit well managed, the mixed portfolio is comprised of 30 single families, 3 duplexes, and 2 triplexes. All properties are within 2 miles of the vibrant downtown area. Many of the units have Gov’t subsidized and/or long-term tenants.
newbie
Activity: 112
Merit: 0
Investors now have the opportunity to store and hold their digital investment in Stellar based wallets like Ledger. They use a digital assets to democratize access to real estate opportunities. This also allows for fractional liquidation and ease of exchange with other investors. The TNCoin platform will include both a desktop and mobile wallet with a friendly user interface. And it's very simple and great for users!
newbie
Activity: 65
Merit: 0
Right now there are a 30% bonus tokens to investors on the first 10 million in capital raised. It's a great chance to make bigger profit!
newbie
Activity: 57
Merit: 0
I think its the best project now... good luck all the TNcoin team..
newbie
Activity: 53
Merit: 0
The idea of this project will really hit the crypto market sooner...
newbie
Activity: 74
Merit: 0
Following this new project. Hope good things happen for TNcoin
newbie
Activity: 42
Merit: 0
How many total supply ??
member
Activity: 392
Merit: 10
Real Estate projects with unique building types, or with classic house designs, I think this is quite interesting, because something unique is now again hunted by rich people today. and usually the price is unlimited and something unique brings a new atmosphere, as if we were pulled back into the days of the past
brand new
Activity: 0
Merit: 0
Is it known that anything about the exchange? Smiley
All information on exchanges, will be announced after ICO Wink
How do you think the project will be successful? Smiley
newbie
Activity: 47
Merit: 0
copper member
Activity: 364
Merit: 0
Success to the team,interesting concept.
brand new
Activity: 0
Merit: 0
Is it known that anything about the exchange? Smiley
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