TNCoin is a unique Real Estate Investment platform that is looking to bring the blockchain technology and real estate together as it announces the initial coin offering of its token, the TNCoin, which is set to commence with a 30% bonus for buyers.
The real estate sector has witnessed a series of evolution in recent times, with different stakeholders introducing several innovations in a bid to make the industry more effective and of course, profitable. Digital currency which is largely operated on the blockchain technology has also become increasingly popular in recent times, with different industries harnessing its features and benefits to make their operations more efficient. However, the real estate sector, especially the investment side, has not particularly been able to enjoy the benefits of digital currency and this is where TNCoin is looking to make a difference by democratizing access to real estate opportunities and giving more freedom to real estate investors.
TNCoin is built on top of the Stellar consensus protocol, allowing for the tokenization of real estate assets and for ownership interests to be distributed in the form of digital shares. This will also allow for the automated distribution of dividends directly to each token, consequently creating increased liquidity, a major obstacle in Real Estate and securitized Crypto investments.
TNCoin will give investors the opportunity to store and hold their digital investment in Stellar based wallets like Ledger, allowing for fractional liquidation and ease of exchange with other investors. The TNCoin platform, which will have a desktop and mobile wallet with a friendly user interface, will include a decentralized built-in exchange (DEX) that will allow investors to trade their tokens with other accredited and foreign investors, using regulatory framework already in place.
TNCoin will also be an asset to investors with multiple cryptocurrency holdings as it helps stabilize their portfolio by providing a steady rate of return through rents while enjoying the capital appreciation of the Real Estate assets while offering safe havens for over a thousand exchanges.
In addition to the benefits of TNCoin mentioned above, holders of the token will also receive quarterly dividends through the smart contract protocol, which will be paid on a per-share basis. The public ledger makes for ease of auditing while keeping individual users identity private.
TNCoin is already offering investors several opportunities in the real estate sector, with properties in Nashville, TN, and Chattanooga, TN.
The TNCoin ICO has a hard cap of $50,000,000 and a soft cap of $5,000,000. 80% of the raised fund during the initial coin offering will be used for asset acquisition, with 10% going for management, and the remainder for Reserve and Operating Expenses.
More information about TNCoin and the initial coin offering can be found on the website and the whitepaper. TNCoin is also available across several social media platforms including Telegram, Twitter, Facebook, and LinkedIn.
Media Contact
Company Name: TNCoin LLC
Contact Person: Luis A Del Mazo
Email: Send Email
Phone: +1615-543-6587
Address:16192 Coastal Highway
City: Lewes
State: DE 19958-9776
Country: United States
Website: tncoin.io/