The Swiss Real Estate Coin
- ICO start:
- ICO end:
Technology: Ethereum blockchain
SwissRealCoin ICO Short Review
The real estate market is one of the globally largest, but to our experience still very intransparent and inefficient industries. SwissRealCoin (SRC) commits to bringing real estate assets onto the Blockchain to revolutionize the real estate asset management and old-world transaction system by introducing transparency, data integrity and cost efficiency. They believe that the SRC is the most important use-case for real-estate on the Blockchain. The SRC shall be grounded on the solid economic and political environment in Switzerland. Swiss real estate has proven to be one of the globally most crisis resistant values. The SRC is directly linked to Swiss real estate assets, professionally set up by real estate and PropTech experts, and is compliant with the relevant regulatory requirements. They believe that the the market price and the inner value of a SRC (which is based on the SRC real estate portfolio) should be closely linked to avoid volatility. If the market price of the SRC exceeds the inner value of the SRC by two times, the SRC smart contract therefore will issue additional SRCs at market price to increase the inner value (see below for details). With this mechanism, the SRC shall allow for high growth potential while limiting volatility and protecting downside. In addition, the reinvestment of the majority of the net rental income shall also continuously increase the inner value of the SRC.