2018-11-16 12:48 |
What Is Swinca?
Swinca is blockchain-based real estate banking platform designed to disrupt the crypto real estate industry through eliminating barriers in the industry and empowering users to become owners of multiple properties worldwide that have the potential to yield high returns.
Despite the attractiveness of real estate investment, it still faces numerous challenges that make it inefficient and slow. The challenges include lack of liquidity, slow and costly transactions, high minimum investment, and many intermediaries. Swinca seeks to address these challenges through leveraging blockchain technology.
How Swinca Blockchain Crypto Real Estate Platform WorksThe Swinca team searches and analyzes investment deals all around the world to provide investors with multiple investment types such as villas, apartments, and offices located in Dubai, Croatia, Bali, Portugal and many more countries. Investors can then choose the property they would like to invest in and make payments using Fiat or SWI coins.
Each month, the investor will receive rental income from their properties that are managed by Swinca. Additionally, the investor will receive capital gains payments by holding the property shares for over a certain period, which is usually one year. In cases where the investors would like to sell their property shares, the value of their shares is recalculated based on the current value of the property.
Currently, Swinca offers investors with the opportunity to receive their payments either in the platform’s token SWI coins or NCA tokens that have a fixed price $1 representing the investment properties.
After the investor receives their profits, they can withdraw it, reinvest it, or trade it for fiat or any other cryptocurrency. Through the Swinca Bank, the investors can also use their cryptocurrencies to directly shop online or offline. However, Swinca encourages the investors to reinvest their profits since it unlocks bonuses and provides them with the access to premium features.
Swinca Benefits Tokenization Of Real World AssetsBy tokenizing real world assets on the blockchain, both large and small scale investors can participate in real estate investments and transact amongst each other effortlessly, which will result in liquidity in the market since the transactions will be instant, cost efficient, and simpler.
TransparencyAll the transactions are recorded on the blockchain; therefore, investors will have access to records that include the information they need to make investment decisions. Information featured in the records includes occupancy rate, value appreciation, and number of previous transactions, yields, and many more.
Control Over InvestmentOn the Swinca platform, anyone from anywhere in the world can access real estate investment opportunities. The investor will have control over the percentages of flat, a house, an office or a land that they want to invest in therefore the investor receives a personalized real estate portfolio that is easy to manage.
Better ReturnsCompared to other real estate investment platforms, Swinca anticipates providing its investors with more returns due to the implementation of blockchain technology.
Swinca Coin SWI Token ICO Details Parameters Of The ICO Token: SWI Total token supply: 400 000 000 SWI Token supply during ICO: 120 000 000 SWI ICO date: January 02, 2019 – January 30, 2019 Token price: 1 SWI = 0.1 USDT Accepted currencies: BTC, ETH, USD Soft Cap: 5,000,000 USD Hard Cap: 75,000,000 USDSimilar to Notcoin - Blum - Airdrops In 2024