[ANN] Property Coin | Institutionally-managed and asset-backed cryptocurrency

[crypto|george]

Are they only focusing US properties? how about properties on other countries?

[gxmonitor]

Our founder Rudy Cortes gave an exclusive sneak peak of this upcoming tricked out five bedroom listing in Dallas, Texas! It is  available for purchase using cryptocuurrency: Bitcoin, Etherium, and our our very own Property Coin! Watch how we have taken this house up a notch with design and technology! http://cw33.com/2018/04/25/dallas-crypto-crib-had-a-facelift-ready-to-be-your-home-sweet-home/

I like their concept of buying/selling properties by using cryptos. This is unique.

[crypto|george]

Where do you plan to list on exchanges?

[gxmonitor]

Where do you plan to list on exchanges?

I think , they will first try to list in security tokens exchanges like tzero etc.

[crypto|george]

Thanks for the info. 

[gxmonitor]

Where can I get info about the properties hold by them ?

[DavidXXXX]

This is an awesome project I wish you guys good luck

[gxmonitor]

This is an awesome project I wish you guys good luck

Yes. This is really good project and has very bright future.

[PpMrqz93]

Where can I get info about the properties hold by them ?

You should check out their monthly investor reporting page here:https://propertycoin.re/en/investor-reporting/

[gxmonitor]

Propertycoin has received 4.5 Ratings on ICOBench.
https://icobench.com/ico/property-coin/ratings

[ninis45]

Propertycoin has received 4.5 Ratings on ICOBench.
https://icobench.com/ico/property-coin/ratings

a very good development and as predicted this project will be successful also in exchange as investors hope

[PpMrqz93]

I've noticed you guys attended Consensus2018 will you be attending other upcoming events?

[crypto|george]

Where do you plan to list on exchanges?

I think , they will first try to list in security tokens exchanges like tzero etc.

Sounds good to me! 

[gxmonitor]

Propertycoin has received 4.5 Ratings on ICOBench.
https://icobench.com/ico/property-coin/ratings

a very good development and as predicted this project will be successful also in exchange as investors hope

Yes. This project is really good and have great future.

[Stephanie14]

I've noticed you guys attended Consensus2018 will you be attending other upcoming events?

They will also be attending the Blockchain Law Summit 2018 on May 24th in Los Angeles Convention Center, if you want to meet up with them you should email them at:info@propertycoin.re

[gxmonitor]

I've noticed you guys attended Consensus2018 will you be attending other upcoming events?

They will also be attending the Blockchain Law Summit 2018 on May 24th in Los Angeles Convention Center, if you want to meet up with them you should email them at:info@propertycoin.re

Nice. This is really interesting news.

[Stephanie14]

Hi guys wanted to share  some interesting questions  asked in telegram with you all here :

1. which co is ur US tax advisor?

2. Are the tokens are backed by real estate or real estate co legally?

3. When you sell the property and/or exit the loan, it will be fully taxed at Real Property Holding Corp’s level? Then, I assume you will liquidate the co and recognise a gain at the token holder’s level (which are flew thru to the partnership’s LP and GP). Would there be a distribution to the LP and GP to match the tax so that the token holder will only reinvest the rest to the future project?

4. Did the profit calculation and return calculation on white paper and marketing material consider the federal and state tax?


Answers:

1.  Our US tax advisor is Dentons.  We're also discussing partnerships with both E&Y and Deloitte on Tax, Audit and consulting services post raise.  More to come on that once we complete the STO.
2.  Tokens represent a LP interest in the Token Issuer which is the sole owner of the Real Property Holding Cos.  We do this so we can legally separate loans and properties and account for them accordingly.
3.  Correct.  Taxes are realized on the Real Property Holding Co level on a property by property basis and paid before profits are reinvested.  
4.  Those returns include the payment of taxes and all related rehabilitation, listing and sales costs.  Those return numbers do not, however, incorporate leverage and financing costs.  We intentionally did this to show the asset level profitability without the influence of leverage (which is highly dependent on how much/ little leverage is obtained) .

Don't forget to check out their telegram channel , if you are curious to know more:https://t.me/property_coin

[crypto|george]

Are they only focusing US properties? how about properties on other countries?

Any answer for this?

[gxmonitor]

Are they only focusing US properties? how about properties on other countries?

Any answer for this?

I think they are currently focusing on US properties, may be later they focus on other countries.

[Stephanie14]

How will profits gained by Aperture be distributed to the holders of the token? In other words, we as contributors how do we benefit by buying PCX.