PropCoin is creating a regulatory compliant digital security offering built upon the blockchain, with the objective of tokenising a real estate property fund – combining the liquidity of digital currencies with the stability of real estate. The team is now raising to fund the platform development.
Recently there has been a substantial increase in the global interest for digital currencies. This interest and the resulting industry developments have led to increased opportunities for investors to gain exposure to cryptocurrencies as well as giving rise to a new form of fundraising, known as a Security Token Offering (STO).
However, many token-holders have become nervous about their vulnerability to excessive volatility, and with few tangible assets underpinning these new currencies, investors do not have sufficient options to secure their wealth against these fluctuations.
PropCoin is creating a regulatory compliant security token which is asset-backed through real estate. In return, following the full STO, holders of PropCoin tokens will benefit from both capital growth and rental income, in a similar fashion to a traditional REIT, but with the added benefit of increased liquidity and no minimum investment thresholds.
The PropCoin token is envisaged to enable the holder to gain fractional ownership of a property fund which will focus on income-generating real estate assets across a range of sectors and geographies in the UK.
These investments will be professionally managed and advised by our appointed property consultant, Gerald Eve LLP, so that a low-risk blended yield can be returned to token holders by way of dividend on a regular basis.