Enjoy one of our latest articles appearing on Medium: https://medium.com/@primeex.perpetual2017/why-the-prime-ex-perpetual-real-estate-ecosystem-is-a-better-way-forward-59e70c0be028Why the Prime-Ex Perpetual Real Estate Ecosystem is a Better Way Forward | What is a Bank Supposed to Be?Banks were supposed to be simple. Banks were to be a place where people could take their money, deposit it for safe storage, and the bank would put it to good use in loaning deposits to the community for building projects and other needs within the community. Sounds simple enough, right? Who could argue with that? Banks were supposed to be a public service that served a necessary community function. Even today most bank charters still state that the business of the bank is to serve the needs of the community. If this were the reality then cryptocurrencies would have been created inside of the bank model instead of as a valid and even superior alternative. People know intuitively that something is wrong with the banking model, that banks aren’t their friend. However, what other alternative has there been until now? (article continues... click the link above)
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"... When we sell a house to a homeowner, the homeowner gets a great house with easy credit approval... and they get an interest rate discount if they pay their mortgage payment in PEXT " - What kind of discount? and what is the interest rate? " ...the homeowner gets a great house with easy credit approval.. " - What does "... with easy approval of the loan ...? If I want to buy a house from your site for $ 350,000, then tell me on the numbers or% what and how will I pay? Using PEXT. distribution of profits to holders PEXT - beautiful and enticing, but with real estate is not very clear!
Hi Kokoruk, I apologize, I don't stop by every day. You can catch me on Telegram almost everyday! https://t.me/PEXTokensFor your questions I'll answer one by one... "... When we sell a house to a homeowner, the homeowner gets a great house with easy credit approval... and they get an interest rate discount if they pay their mortgage payment in PEXT " - What kind of discount? and what is the interest rate?
What kind of discount: The discount that our homeowners will receive will be an interest rate discount of 0.25%. This is the incentive that the homeowners receive to pay their mortgage payment in PEXT rather than USD. As an added benefit, if the homeowners choose to become PEX-Token holders themselves, meaning that they hold on to PEXT over and above their monthly mortgage payment, they will have an opportunity to experience appreciation in the price of PEXT should the PEXT go up. The mortgages are priced in USD. So in theory, as the months and years go by, the amount of their monthly payment in USD will stay the same, but if they've held on to their PEXT their monthly payment due in PEXT could drop significantly. What is the interest rate: The interest rate today is 7% on a 30 Year Fixed Rate Mortgage. This is historically an extremely good price. We reserve the right to change the interest rate along with market rates to protect our project, but if you're quoted an interest rate it is valid for 30 days. After 30 days, if you don't put your down payment in escrow with us, the rate may change. Once your rate is locked in, the rate is a 30 Year Fixed Rate. No funny business, everything is straightforward. " ...the homeowner gets a great house with easy credit approval.. " - What does "... with easy approval of the loan ...?We don't verify employment. We don't verify income. We don't require an aging of your assets. We need to know who you are, and you'll need to prove it by government photographic ID. We need to know where you live, and you'll need to prove it by a current utility bill for your residence. This is for KYC/AML requirements. We will verify the amount of your liquid assets. You must prove that you own in liquid reserves the down payment you will be paying down plus 24 months in monthly payment reserves. You will pay us the down payment into escrow, and you yourself will hold on to these monthly payments, but this is the criteria that we use to prove that you have the wherewithal to tackle a house like this. That's all there is to it! If I want to buy a house from your site for $ 350,000, then tell me on the numbers or% what and how will I pay? Using PEXT.The numbers are the purchase price of $350,000.00 requires you to pay $87,500.00 USD-equivalent down, payable in either USD, an equivalent fiat currency, or BTC, ETH, and/or LTC, and/or a combination thereof. At this time we cannot accept PEXT as down payment until liquidity is established for PEXT in the markets, since we will be returning PEXT to the market. Additionally, you must prove that you have liquid assets in the amount of 24 months' worth of mortgage payments. Then we're ready to move forward!
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Why is Prime-Ex Perpetual different? The answer is our vision for residential real estate in the future... where people enjoy home ownership financed by the builder and paid in cryptocurrency, outside of the reach of traditional banks.
Why is #PEXT different? We're here today, and we're here tomorrow. We're not going anywhere. We're in this for the long haul.
We are committed to building a robust community of people trading #PEXT in the marketplace. We need a strong marketplace for PEXT to support our real estate ecosystem.
We love the community that we're building. We love the interaction. We love the ideas we're receiving. We take them all seriously. We're listening and always developing new plans and ideas that can help us increase awareness and demand for #PEXT.
Our philosophy has always been #EverybodyWins. Read our whitepaper! We want our company to win. We want our homeowners to win. We want our PEX-Token holders to win. This is why we're investing so much time and effort into building a viable marketplace for #PEXT at #Yobit.
We've been completely transparent with our intentions in utilizing the Investbox options at #Yobit. The goal is to reward our early adopters with #PEXT earned while invested in our IB's. This helps the token holders and helps us to create a growing and vibrant market for #PEXT. We have promised to let you know whenever we are getting ready to make a change with our #PEXT Investboxes, and today, we are announcing a major change that I think everyone will like very much!
MAJOR ANNOUNCEMENT!!!
20,000 PEXT remain in the current 5% Investbox, with min/max limits of 25/100. This box will stay open until the #PEXT runs out. In addition, we are opening a BRAND NEW 5% Daily #PEXT Investbox, with a minimum of 25 and a maximum of 10,000. We are committed to funding this with 100,000 #PEXT!!!!
We are thankful for the #Yobit trading community and are thrilled with the participation that we've received from you. As we continue to grow and thrive with #PEXT in this space you can be sure that we will remember you. #EverybodyWins Be sure to check in here often at our channel. We welcome your ideas and opinions. That's a great way for you to help Prime-Ex Perpetual be the best that it can be!
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Hi Everybody, Just stopping in to give you a few updates. As we've previously posted, we have transitioned to selling homes. We feature our 3D virtual tour of our custom-designed home model on our website. Don't forget to check it out! We've been thrilled by the response so far from everyone who has reached out. Would you like to be a Pioneer in the Real Estate Revolution? If you've followed us these past few months then you know the drill. Reach out to us and let us know! You can own your very own home in either the cool highlands or warm beaches of Panama with much less personal risk than ever before! Thanks for your participation in the InvestBox options at #Yobit Exchange. We are a week in and they are helping us to establish a stable & active trading market for our #PEXT, thank you! https://yobit.net/en/trade/PEXT/BTCAs a thank you for participating, we announce an extention to our IB participation, and have exciting news! Today we roll out a new 5% Daily InvestBox at #Yobit! Get paid 5% daily in PEXT with your participation. LIMITED TIME ONLY. Don’t miss out! #PEXT
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MAJOR ANNOUCNEMENT! ANNOUNCING THE OFFICIAL LAUNCH OF SELLING HOMES Hey guys! We are proud to announce the OFFICIAL LAUNCH of our new and updated website! We are now taking orders and deposits for the first homes offered for sale in our proof of concept. We are very excited as we transition to selling homes in our proof of concept market. This is a very big day for us and we encourage you to take a tour of our home model via our 3D Virtual Tour. The 3d Virtual Tour represents a culmination of the tireless work dedicated to the design of a quality, efficient, and luxurious home that will be equally desirable whether in the cool highlands or warm beaches of Panama. We're proud of our design. We're excited to show off our concept, and we welcome the people who will reserve their homes as the first Pioneers of the Real Estate Revolution. Maybe it's you! https://prime-ex.com
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Real estate projects are very interesting for me. I think I'll investigate it better. There is one thing confusing me a little. What does "Ex" in your name mean? Have you already had this project under different name?
Prime-Ex Perpetual. We sell prime homes to expats inside of a perpetual real estate ecosystem that is completely independent of banks in any step of the way. Hope that helps!
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Hello, when will we see prime ex token listed in a good exchange like binance or bittrex? i think investors will be happy with a better exchange and nice volume. Price is pretty low at the moment and ico investors are not happy with the price.
Hi Geleve, I answered a similar question above several times, and I'm not going to repeat myself. We are working daily on getting listed with as many quality exchanges as possible. When we have news to distribute about new exchanges, we will post here, as always, as well as our Facebook group of 21,000 followers, our Twitter group of somewhere around 2000 followers, and our Telegram group of close to 10,000 followers. Telegram is quite active. If investors are unhappy with any holding, they can sell at market price and move on, or they can hold and wait for better prices. It does little good to whine about market prices in a free market. We are token holders just as you may be, and we will be just as excited when the day comes that prices for PEXT grows. Until that day comes, we will be excited to launch onto more and more exchanges, and to advance our proof of concept.
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what is all the information presented by the project? for example, can you verify that the person listed as a team member actually supports this project?
I don't understand your question. You want me to post a selfie?
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Guys hello. I would like to draw your attention to the fact that new people have no way of knowing about your token. Most of the people often use such services as a coinmarketcap, and I think that for you at the moment to get a listing from them on the site is one of the primary tasks. In addition, in the purse the token is displayed in the form of a smart contract number, not the name of the token. As it seems to me, you need to solve these basic tasks in order to move on. Whatever it was, the decentralized exchange and yobit's are good. But in fact, trading volumes will not grow, because the new audience can not find your token in the lists. Hi MakersONE, There are milestones to hit before coinmarketcap will list us. We are striving hard to accomplish exactly that. The smart contract identifier being published on the website the way that it is is necessary right now as we establish credibility with the exchanges. In fact, it's a requirement in their evaluations. We are doing airdrops and contests on Telegram increasing our visibility. We're almost 10,000 strong on Telegram and it's an active, back and forth community. Check it out at https://t.me/PEXTokens
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Hey there!
There's nothing we can do about market prices. PEXT prices will rise and fall in the open market according to supply and demand. The more people that engage and trade PEXT the better it is for a healthy trading environment. We've experienced PEX-Token prices from $0.20 USD to $10.00. Volumes are indeed small right now, hence the sharp differences in prices. We will continue to shop the markets for more and more exchanges and we will continue to focus on the exchanges that choose to do business with us. We're thankful for Yobit and ForkDelta listing us, and we hope to have more and more trading on each exchange as the days and weeks go by. Thanks for your support!
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PEXT experiencing a good trading day today on Yobit across the BTC, USD, RUR, and ETH pairings. If you haven't checked our trades out yet on Yobit, today is a good day! #YoBit
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TELEGRAM PEX-TOKEN CONTESTWe need Telegram followers on our Telegram channel and we need your help! Here's your chance to win easy PEX-Tokens! First Prize: 1,000 PEX-Tokens Second Prize: 500 PEX-Tokens Third Prize: 300 PEX-Tokens Qualification: Be a Telegram follower of Prime-Ex Perpetual at https://t.me/PEXTokens when we select 3 random winners next Friday, February 16th, 2017 at 12:00 p.m. Panama Time. Winners will be announced on Telegram with a request to send back their ERC20 wallet address to receive their award. If you haven't joined our Telegram channel, join today for your chance to earn some free PEX-Tokens!
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Just so everyone knows, there seems to be some decent traffic for PEXT on Yobit. There are six different trading pairs, BTC, ETH, WAVES, DOGE, USD, and RUR. The one with the most activity so far is BTC. If you would like to help make a market for PEXT now is the time!
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TELEGRAM PEX-TOKEN CONTESTWe need Telegram followers on our Telegram channel and we need your help! Here's your chance to win easy PEX-Tokens! First Prize: 1,000 PEX-Tokens Second Prize: 500 PEX-Tokens Third Prize: 300 PEX-Tokens Qualification: Be a Telegram follower of Prime-Ex Perpetual at https://t.me/PEXTokens when we select 3 random winners next Friday, February 16th, 2017 at 12:00 p.m. Panama Time. Winners will be announced on Telegram with a request to send back their ERC20 wallet address to receive their award. If you haven't joined our Telegram channel, join today for your chance to earn some free PEX-Tokens!
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TELEGRAM PEX-TOKEN CONTESTWe need Telegram followers on our Telegram channel and we need your help! Here's your chance to win easy PEX-Tokens! First Prize: 1,000 PEX-Tokens Second Prize: 500 PEX-Tokens Third Prize: 300 PEX-Tokens Qualification: Be a Telegram follower of Prime-Ex Perpetual at https://t.me/PEXTokens when we select 3 random winners next Friday, February 16th, 2017 at 12:00 p.m. Panama Time. Winners will be announced on Telegram with a request to send back their ERC20 wallet address to receive their award. If you haven't joined our Telegram channel, join today for your chance to earn some free PEX-Tokens!
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TELEGRAM PEX-TOKEN CONTESTWe need Telegram followers on our Telegram channel and we need your help! Here's your chance to win easy PEX-Tokens! First Prize: 1,000 PEX-Tokens Second Prize: 500 PEX-Tokens Third Prize: 300 PEX-Tokens Qualification: Be a Telegram follower of Prime-Ex Perpetual at https://t.me/PEXTokens when we select 3 random winners next Friday, February 16th, 2017 at 12:00 p.m. Panama Time. Winners will be announced on Telegram with a request to send back their ERC20 wallet address to receive their award. If you haven't joined our Telegram channel, join today for your chance to earn some free PEX-Tokens!
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