Buy or Sell Your House with Cryptocurrency
Cryptocurrency sees growing popularity as a means to buy and sell real estate property.
full disclosure: Among the many crypto projects I am involved with, I like this project, I found out about it some weeks ago, and I have a rather modest financial interest therein.
One of the ways investors and traders can use cryptocurrency, is to buy and sell real estate. Cryptocurrency makes it possible for anyone to buy property anywhere, from wherever they happen to be. So you could, for instance, be traveling through the Negev or laying beachside or poolside at some nice hotel on your Summer holiday, and buy a property in the US or Europe or virtually anywhere.
There are even some boutique real estate investors based in certain small, tech-savvy countries including the likes of Israel, Lichtenstein and Holland, that are buying up properties around the world, on the blockchain. So much for the argument that there is no use for cryptocurrency.
There are a number of real estate crypto projects already on the market, including ATLANT, SwissRealCoin and The Crypto Realty Group. Visiting each of these sites quickly shows how very different each project is.
For instance, ATLANT is developing a tokenized ownership model for liquid and transparent real estate trading and investing.
SwissRealCoin is a security token linked to a portfolio of Swiss Commercial Real Estate. The coin’s managers believe this gives it an ever-growing inner value. Their mission is to revolutionize and automate real estate asset management with “MIA” (Management & Investment Assistant), their blockchain software.
And The Crypto Realty Group operates as a cryptocurrency-enabled real estate agency based in Southern California.
Which brings me to Chelle Coin (CHL).
CHL Platform Architecture Overview
The Сhelle Platform is designed to provide CHL token holders trading tokens and using them in unique ways on the blockchain-powered real estate ecosystem with ERC20 and ERC721 standard tokens.
Which Firm Is Behind Chelle Coin?
As a real estate investment firm that takes an investigative approach to investment opportunities throughout the metropolitan areas of North America, Chelle Service Capital leverages industry expertise and performing market and analytical research in property acquisition.
The company’s “Evolution of Finance” philosophy is expressed boldly in the introduction of their “Chelle Coin”, implementing the latest in Blockchain technology. As with any well-made crypto token, There are multiple stages planned for the platform development of Chelle Coin.
What about the ICO?
Chelle Coin (CHL) Airdrop + Token Pre-Sale is happening now through August 9. After that date, on August 10, CHL will launch its Initial Coin Offering (ICO), and be available on the market.
Here are other useful links to know more about Chelle Coin:
website / ICO / Token Sale Landing Page http://www.chellecoin.com/
white paper http://www.chellecoin.com/wp-content/uploads/2018/07/Chelle-Coin_-WhitePaper.pdf
blog (on Medium) https://medium.com/@chellesci
linkedin https://www.linkedin.com/company/chelle-coin/
twitter profile https://twitter.com/chelle_coin?lang=en
facebook https://www.facebook.com/ChelleCoin/
instagram https://www.instagram.com/chelle_coin/
More About CHL’s Technology
token type ERC20 and ERC721 tokens are used to transfer funds, land ownership, and transactions within the ChelleCoin blockchain powered real estate ecosystem that is all easily accessible within the DAPP.
Key Benefits of Crypto Real Estate Transactions
Buying real estate with cryptocurrency can be very useful for reducing prices, taxes, fees, and creating smart contracts that execute the order of tasks, in order, guaranteed and recorded by and on the cryptocurrency’s public ledger. These elements add serious value to this new type of transaction, affecting what is generally the largest asset and liability people invest in: homes.
Prognostication
I’m no financial expert or financial advisor. I’m simply reading the data at the source wherever I can find it, and sharing my opinion. In no way am I making a recommendation that you buy, trade, sell or otherwise invest your money in any particular way, or on any particular asset. That said, here’s my estimate and conclusion about crypto real estate as it is currently.
As cryptocurrencies develop, it’s likely we’ll see more growth in the crypto real estate sector. If you have an interest in this sector from an investment perspective, this is a great time to get educated about the space, and if you’re far enough along that you understand the risks and opportunities, and you have the available capital (even in modest amounts) to put in and HODL for another 18 – 72 months, then it’s looking like a very good time to invest in certain cryptocurrencies, including the best real estate tokens.