Cryptocurrencies like Bitcoin and Etherium continue to dominate headlines. But the problem with most cryptocurrencies is they aren’t ‘real’ in the sense that they aren’t linked to tangible assets. These five companies believe they have the solution – by tying their cryptocurrencies to real estate investments. For any cryptocurrency to take off it has to meet its ‘soft cap’, or the minimum number of tokens sold or capital earned for the investment to go ahead. The starting value of each currency is listed below.
Intial Coin Offering value 1 SRC: 1 Swiss Franc | SwissRealCoin was set up by JLL Vice President, Zurich, Brigitte Luginbuehl, and is directly linked to Swiss real estate assets, described by founders as “one of the globally most crisis resistant values”. SwissRealCoin is an Etherium-based crypto token. The Initial Coin Offering will fund the development of the SwisRealCoin blockchain platform, and will also be invested in properties. The company has also pledged 5% of the funds from coin sales in Puerto Rico in March for social housing and school buildings in the country.
Intial Coin Offering value 1 PCX: $50 | This token is the work of investment company Aperture, which focuses on the acquisition, rehabilitation and disposal of distressed residential real estate and writing loans to smaller investors with the same strategy. Each coin holder will own a 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 then re-invest those profits in new real estate related investments.
Intial Coin Offering value 1 Thaler: $1 | With its low start price, Thaler One was created with the aim of making real estate investment accessible to people who otherwise could only afford it through schemes like mutual funds. The token promises investors an opportunity to receive ongoing rental income and/or loan interest as well as additional profit from the asset value’s appreciation after sale. However, this probably isn’t suitable for total investment newbies, as Thaler One must be bought with cryptocurrency: either Fiat, Etherium or Bitcoin.
Initial Coin Offering value not yet available | This cryptocurrency is still in its early stages, although it already makes big claims about how it will revolutionise property investment. HiP says it aims to “decentralise & unleash real estate wealth” through its tokens. As part of its investment, HiP will trade debt and equity in real time. HiP also suggests it will allow homeowners to release value from their assets, though as the company is yet to publish its white paper it is unclear exactly how this will work.
Initial Coin Offering Value 1 Assetcoin: $0.10 | One of Assetcoin’s unique features is that it offers token owners the right to vote for the property planned for purchase, and buyers are able to choose which properties they want to invest in. Unlike some other cryptocurrencies, it is also a versatile token, which means Assetcoins can be transferred to someone else.