Cryptocurrency is making a move in several industries, as various tokens are being created and introduced day by day. While established coins, like Bitcoin, Ethereum and Litecoin have impressed the general public, there are several other alt coins making a move within the decentralized system. The following review will introduce a new coin that believes it can improve the real estate industry and it is none other than the House Coupon Token.
What Is House Coupon Token?
NAREIG, short for the North American Real Estate Investment Group Inc., is the first ever to create a token on the Ethereum blockchain that reflects real estate. In general, NAREIG flourished in the hopes of helping overseas buyers to invest on a global level. Some of the types of real estate that NAREIG is involved in include residential and commercial.
House Coupon Token Real Estate Property Investing Advantages
Investing in HCT can be valuable because of NAREIG’s several competitive advantages. First, NAREIG is well established and has several ties over 12 countries. Second, they are leading today’s society with tokens, which no other individual or team within real estate has come up with. This shows that NAREIG is able to adapt to new information and changes in technology to keep up with trends. Lastly, the team combines multiculturalism and the ability to build relationships with different groups of individuals to provide services efficiently.
Who Is Behind House Coupon Token?
The team responsible for HCT include 4 individuals. First is Hunter Lin, who is the CEO and Co-Founder with over 15 years of experience in software development and management. Second is Kris Cheng, COO and Co-founder who has 15 years of experience in the overseas immigration industry. Lastly, Scott F. Mallard and Alexis Fernandez are the managing brokers at NAREIG Seattle and New York. Their backgrounds in business and real estate altogether are believed to strengthen the overall purpose behind the HCT Token.
House Coupon Token HCT ICO Details
For starters, the HCT token should be purchased using $1USD, which is said to be equivalent to $100USD coupon redeemable when investors purchase properties with the help of NAREIG.
The Initial Coin Offering (ICO) has already commenced as of January 28th, 2018. Fortunately, this period is believed to last up until March 18th, 2018. The sooner consumers purchase, the more one can receive. For instance, purchases made between the weeks of Feb 8th and Feb 17th will result in $0.925USD per HCT.
There are some limitations to consider prior to getting involved in HCT tokens. First, they can only be redeemed through NAREIG. Second, the tokens can only be redeemed when consumers purchase either a residential or commercial property through NAREIG. Lastly, the token must be purchased prior to the house tour.
House Coupon Token Final Thoughts
Overall, the ideas behind the House Coupon Token are unique to the real estate market, which is advantageous for those seeking to become home buyers. In addition, the team seems sound, as their years of experience is solid compared to other tokens’ providing teams. Unfortunately, the success of such a coin relies solely on increased demands within the market, which is highly risky because of the existing fluctuations. In addition, the set limitations might make it less desirable for consumers, therefore it is too soon to tell whether or not NAREIG’s HCT can be of success. To keep up with updates on the token, follow their roadmap at: ico.nareigus.com