REcoin. The First Ever Cryptocurrency Backed by Real Estate

in #money7 years ago

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About REcoin
REcoin is a new Ethereum-based cryptocurrency with Smart Contracts capabilities that provide the solution to any B2B, B2C or P2P real estate rental activities. The value of REcoin is guaranteed by American real estate assets, which are held in a trust equal to the value of all REcoins sold. REcoin supports its own ecosystem and runs as their internal payment unit. The system continually grows and is always looking for new partners to extend REcoin’s potential. At the moment, REcoin cooperates with platform’s 101NEWS, 101MLS, 101FUNDIT, 101COWORK, and 101REBID.

REcoin provides both investors and the average person a safer, more secure and superior alternative to storing their wealth in the form of digital currency.

REcoin is a new cryptocurrency alternative designed to accommodate a wide range of financial transactions and investment goals. Its security is ensured through the use of one of the soundest and most reliable currency backings there is real estate.

Many of those who are looking to invest their earnings face the dilemma of putting their savings into low-interest rate bank accounts or lacking other investment alternatives due to a lack of liquidity.

No real commodities back the world's widely used currencies. Real estate backs REcoin in countries with a developed and stable economies such as the United States, Canada, the U.K., Japan and Switzerland.

REcoin is an upcoming cryptocurrency backed by secure real estate investments in the world’s most advanced economies. It will allow investors from all over the world to convert their currency and savings into stable inflation-proof cryptocurrency. REcoin is founded by humanitarian and entrepreneur Maksim Zaslavskiy.

How REcoin Works
The liquidity of the currency can increase in at least two ways: through the steadily increasing value of the real estate investments that REcoin is used for, and a higher REcoin value when the demand for REcoin rises. The management of the REcoin supply and its security is guaranteed by the nonprofit membership organization REcoin Group Foundation. Any REcoin holder can obtain membership in the REcoin Group Foundation only by identifying his desire and agreeing with the Foundation rules. REcoin offers its users an easy and intuitive buying and selling process, and furthermore, it is designed to be easily used as a currency alternative for a full range real estate transactions and services.

REcoin ICO and Token Pre-sale
The REcoin Initial Coin Offering and token pre-sale stage are scheduled to run from August 7, 2017, until October 7, 2017. During this time REcoin urges investors to get better acquainted with the company before they choose to support the project. The pre-sale of tokens is not limited. However, the volume of tokens designated for sale at a discount is limited.

I am not a finical adviser but in my opinion I think REcoin is promising, and getting in early is a huge advantage. They have a great team who has been working to bring flawless solutions for REcoin holders, letting them enter the smart contracts in real estate rentals. In addition, the supporting ecosystem and partnerships with multiple internet platforms, have also been the focus. A profitable partnership program has especially been developed for expanding operations and services in the real estate, where conducting operations in REcoin will be beneficial.

Link to Website: https://101recoin.com/en
Link to WhitePaper: https://101recoin.com/uploads/en/Recoin_WhitePaper.pdf

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