TokenHome is a project focused on real estate. This project aims to focus on the purchase and the renting of tourist units in Malaga. To achieve its goals, it will rely on the ethereum blockchain for management, generation of an income and the startup of physical assets. The main goal is to create a community of owners of tourist properties that can be acquired via the DAO, which will be generated through the ICO. The funds will be used to purchase the properties and manage the dividend that the rent brings in. This dividend will be distributed to the owners of the digital tokens in a proportional manner.
The main goal is to create a community of owners of tourist properties that can be acquired via the DAO, which will be generated through the ICO. The funds will be used to purchase the properties and manage the dividend that the rent brings in. This dividend will be distributed to the owners of the digital tokens in a proportional manner.
There will be 386.4 million tokens generated for the TokenHome project. All unsold tokens will be burned (destroyed) after the ICO is completed. In future, there will no more tokens issued. However, this project will continue to grow. This is because 20 percent of all profits obtained will be used to purchase new property for rent. Those who participate in this ICO will essentially be investing in a real estate development. They will have the opportunity to recover all of their funds in just four years.
Malaga is a province in Spain, which happens to be the second most popular tourist destination globally and the best in Europe. In the first half of 2017 alone, the country received 47 million tourists from foreign nations. Malaga is one of the most important provinces for Spanish tourism. The tourism sector in the province is worth an estimated one billion euros.
In recent months, the concept of tourist apartments has caught on like wildfire. Tourists no longer want to visit the province and spend time in hotels. They want a more personalized touch, which is what a tourist rental offers. Thus, any investment in a tourist apartment is quite likely to succeed. Business has already proven to be quite stable in the nation.
Why Trust TokenHome Real Estate Cryptocurrency Coin?
The main reason is that a group of real estate experts in Malaga spearheads this initiative. They already have experience in the province’s real estate sector. They understand what works and what they need to invest in to succeed. Thus, they understand things like choosing a location and creating apartments that tourists will want.
How TokenHome TH ICO Will Work
TokenHome has been designed as a digital asset. When you purchase this token, it indicates that you own a fraction of some tourist apartment created in Malaga. TokenHome is an ERC 20 token that will be powered by the Ethereum blockchain. At the start of this project, the ICO will be valued at one token to one euro. At the ICO, 322 million tokens will be sold.
After purchase, all you need to do is sit back and start to earn a profit. This will be a passive income, for which you do not have to do any of the work. Out of the rent collected, you will be eligible to share in 80 percent of all the profits. The 20 percent will be used to expand the project.