Genius Estates Announces Token Sale For Their Newly-Constructed Real Estate Investment Platform

Genius Estates Announces Token Sale For Their Newly-Constructed Real Estate Investment Platform
фото показано с : zycrypto.com

2021-8-14 09:56

Genius Estates, a blockchain-based platform for the Irish countryside real estate is happy to announce it is holding a token sale. The token sale is aimed at helping investors invest in its platform that leverages blockchain technology to allow investors to buy fractional property in real estate.

As per the announcement, Genius Estate is holding a token sale for Genius Dunrovin (GEDUN) to allow investors to participate in the booming real estate market of this century. The token will be hosted on the Polymath Network. The collected funds will reportedly add to the $187,000 already raised a few days after launch through the ongoing GENiUX ICO.

Genius Estates which is barely a month old seeks to help small investors gain access to the real estate market. The platform will reportedly allow these investors to create tokens that represent ownership of selected properties or baskets of properties. Notably, investors will earn passive income from their tokens as the value of the property rises.  

The Genius Estates website explains:

“We are reinventing real estate investment through crypto tokenization. By subdividing real estate ownership through tokenization, general investors who do not have the capital to buy real estate on their own or simply do not want to deal with the associated hassles will finally have the opportunity to come into contact with the fast-growing real estate market.” The site adds, “We truly believe in the power of a community and we are looking forward to building the biggest digital investors community in real estate properties in the world!”

Genius Estates’ investors will also receive dividends generated from rent collected from properties portions distributed to them.  Investors can earn either trimestral or yearly income from the properties.

Once the project is sold out, the token holder will have an opportunity to sell back their tokens to the company if need be. In the coming month, holders will have the option of selling their tokens to others through peer-to-peer transactions. 

In addition to the dividends, Genius Estates is also offering its users an opportunity to earn additional income through their referral program. 

GEDUN, is an ERC-20 token. The platform has assigned a total of 10,530,000 tokens for sale. In the coming days, Genies Estates plans to finalize the construction of the project, onboard tenants, and eventually start paying investors dividends.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Waves Community Token (WCT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 1.05 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.1615 (-100%)

estate platform genius real sale token estates

estate platform → Результатов: 126


Real estate investment platform Realio (RST) to launch token on Algorand

Realio, a blockchain-based issuance and peer-to-peer trading platform focused on real estate private equity, today announced a partnership with Algorand, a proof-of-stake blockchain protocol. RST tokens will be made available for purchase as an Algorand Standard Asset (ASA); designed for interoperability with other supported blockchains and platform features such as RealioX.

2020-3-7 17:48


Фото:

First Security Token Launches on Ethereum’s Uniswap Creating True Real Estate Liquidity

The launch of RealT on Uniswap signifies the first real estate property to become fully tokenized and tradable on a decentralized finance exchange Miami, FL, 8 November 2019 – RealT, the web-based platform enabling investors from anywhere in the world to purchase fractional ownership of US properties, announced its official first exchange pair on Uniswap.

2019-11-11 14:19


Kauri ICO

As big fans of cryptocurrency industry, we’re integrating them into our, already working, business model. The main goal is to help whole cryptocurrency industry to generate new usability opportunities, move towards mass adoption and simultaneously give our clients/investors with relatively small amounts of money chance to participate something bigger through tools such as crowd investing.

2019-10-11 22:33


KNL ecosystem ICO

KNL – is a platform that unites and considers the needs of farmers, traders, investors, exporters. We provide each participant with the opportunities and instruments that make up a whole chain of efficient processes for maintaining the operational activities of the agricultural industry KNL tokenization platform is the digitization of grain assets, real estate and property.

2019-7-23 13:20


Fortem Capital ICO

Fortem Capital is creating the first ever platform on the Polish market based on the blockchain technology. The platform allows to invest in our projects in a simple and secure way. We provide investors with an opportunity to invest their assets in real property sector, through our projects by using the Fortem Capital token.

2019-6-18 22:51


Peakside Capital Launches a Blockchain Real Estate Investment Fund Targeting German Market

Investment manager is planning to raise €200 million through blockchain-based platform. The initiative is focused around real estate properties based in Germany. €200 million to Be Raised Via Blockchain-enabled Platform Peakside Capital Advisors, European investment manager, has started a real estate fund to raise €200 million using its blockchain platform targeting the German market, a […]

2019-6-13 13:40


U.S. National Association Of Realtors (NAR) Invests In Propy Blockchain Platform

National Association Of Realtors Invests In Propy Blockchain Platform Blockchain technology is emerging in multiple industries, and real estate is starting to see its worth even more vividly. According to reports from Forbes on June 10th, a real estate platform named Propy has received an investment from the National Association of Realtors (NAR), by way […]

2019-6-11 00:09