What will be the advantage of using home coin to other big cryptocurrency that offers the same utility? Buying a house with bitcoin is much easier instead of jumping into another token just to pay for it.
Good question! Actually purchasing homes with crypto currency in general presents its own hurdles. Our focus will be on the rental aspect of the real estate world. We are in the process of developing an app designed for landlords to use that will allow their renters to pay rent with Homecoin, and will provide both the renter and landlord opportunity to earn Homecoin by staking and yield farming, as well as other avenues. Eventually as popularity grows, we will approach other aspects of the real estate world and incentivize them to use Homecoin for their services as well.
Do you think these landlords or renters will be interested in staking and yield farming? I believe a lot of them will prefer to be paid in currency like US$ instead of a token that they don't have any idea about its market. But if you can attract companies that are willing to collaborate, maybe you can penetrate this market. Til then, we will wait if you can push thru this development. Because not many real estate related blockchain projects are successful in implementing their services.
I believe that we will have features within the app that will incentivize both the renter and the landlord to use Homecoin. What I have learned is that in this world, people enjoy free money. Especially if we can make it easy to do. If we can mutually benefit from working together with staking, yield farming, and usage, I believe a beneficial partnership can be formed! I want to be the type of CEO that can learn and adapt to whatever hurdles this project will provide. I am looking forward to the challenge, and our development team has the drive, skills, and resources to make this project a success! Thank you for the challenging questions!
Show Posts
