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Showing posts with the label opportunity zone

The Dynamics of a Cryptocurrency backed by Real Estate

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How does a Cryptocurrency backed by Real Estate work? It starts with the protocol or the reserve "currency" that will be used for the tokenization process. Ethereum and Bitcoin are protocols used to "tokenize" assets or businesses. USRealCoin uses the Stellar Consensus protocol for tokenization. Stellar's ease of use and payment system make it an ideal platform for tokenization. Each token represents an ownership interest in the asset acquired. As profits are reinvested into more real estate acquisitions, the value of the tokens worth goes up. Investors will have to obtain stellar lumens (XML), Bitcoins (BTC) or Ethereum (ETH)  to exchange for USrealcoins (USC).  The value of USRealcoin will be equivalent to1 dollar. After a certain period, Investors will have the option to trade their securities on USRealcoins built-in, decentralized exchange. And this is how a Cryptocurrency backed by real estate works! Sign up below to join our network and for more inform

What We learned from Bitcoin and Blockchain Conferences we attended in 2018

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The year of 2018 came in strong! Bitcoin peaked out at 20k, and everyone was fired up! This was the year we were going to launch our tokenized Real estate investment fund. So we set off around the world attending conferences and gathering as much information and contacts as we could.  One of the first Conferences we attended last year was the North American Bitcoin Conference in Miami, Florida. This was the first Bitcoin conference we had been too! Two days packed full of information. We were wooed and wowed by all the potential we saw. It was a trillion dollars sales pitch on the amount of equity out there, and everyone's dream was possible. It almost felt like a religious rally for bitcoiners, and we were fired up! The security token market appeared to be taking off, and the air was thick with optimism and promise. When we came back, we began feverishly working, following up with connections and organizing our plan and approach. We spent several months working o