HouseCoin - Property Development Finance meets Blockchain
The vision of House Coin is to become a market-leading lender in the United Kingdom (UK)
real estate development sector leveraging Blockchain technology, which has unlimited
potential for both growth and scale in the raising of finance for real estate developers, while
maintaining the integrity and security of a decentralised platform.
The implementation of Blockchain technology into real estate development finance in the
UK will both revolutionise and innovate the growth and success of this industry.
Real estate development in the UK, although lucrative, demands significant expertise,
operations, management, and financial resources to successfully execute and deliver a
profitable development project. There are both financial and non-financial risks involved
which may only be successfully navigated by experienced and sophisticated developers,
which makes this an exclusive investment strategy. Consequently, significant barriers to
entry still exist in a lucrative market which offers strong financial returns.
House Coin simplifies UK real estate development as an investment strategy through
tokenisation which allows participants to reap great rewards through strong utility use cases
and a very limited supply in circulation.
House Coin will help developers move fast on development opportunities without the
burden of constantly raising finance. All loan repayments will be made monthly in House
Coins via Smart Contracts while using the British Fiat Currency as a base line for exchange.
Unlike the burden of traditional real estate investment, purchasing House Coins gives
participants both financial and geographical flexibility whilst achieving strong financial gains
through real estate development in the UK.
Reasons to invest in HouseCoin
United Kingdom Property Development Finance is a high yielding investment strategy backed by Real Estate
The total number of issued tokens is 100 million HSC; the release of new tokens is made impossible by the smart contract.
All Developers will need to pay back their loans using HSC; monthly interest payments will be paid using House Coin.
50 Million HSC will be kept in Reserve and 5 Million HSC be released once a year for 10 years via Smart Contract.
Hard cap: 30,000ETH
Soft cap: 3,000ETH
Maximum Potential Supply: 100 Million HSC
Tokens for Sale: 30 Million HSC
Token Price: 0.001ETH
Team Allocation: 10 Million HSC
Partnership Allocation: 8 Million HSC
Bounty Allocation: 2 Million HSC
Reserve: 50 Million HSC
Technical Specification: Ethereum ERC20 Token
ICO Start Date: Q1 2019
ERC20 Token Contract:0xc7914c9a8f6fe4d99b3978dc9f565b8dfd3254ca