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Quick Read on Understanding Deed

TeamDeedCoin
3 min readMar 28, 2018

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Deed (https://deedcoinlaunch.com) brings blockchain to the real estate sector in a way in which everyone can benefit. By providing an option for agents and customers to be on the same network, Deed streamlines the real estate industry and reduces costs. Deed is the first token to apply to the entire real estate industry, not just investment real estate portfolios or a specific product for agents. Deed is not just useful for property investors, it is for anyone that owns or plans to own a home.

The DEED token uses blockchain to create a true free market system to redefine the real estate industry. Through the creation of the DEED token, which replaces commission at a ratio of 10 DEED to 1% of a properties price. Simply think of Deed in tens, each ten DEED are used for 1% of a property total cost, regardless of the property price, because DEED functions as a percentage. Deed removes the centralized control of the real estate industry from large powers such as the National Association of Realtors (NAR) and mega-brokerages along with their antiquated 6% commissions. Initially sold at $1.50 per DEED at the ICO (Initial Coin Offering), each token saves a holder $225 on the average U.S. home ($225,000). Each DEED can save exponentially more on higher value properties. You can buy it, own it, transfer it like Bitcoin for example, but also directly use it.

The real value of Deed is the ability to save users 80% or more on real estate commission when they buy or sell property. Unlike the vast majority of ICOs, Deed is already a usable platform (on https://deedcoinhq.com and has patent pending status (U.S. App №62/552,038). The Deed Network is now partnered with brokerages in over 160 cities across all 50 U.S. states. This network makes Deed useable to reduce commissions on a national level before wide scale public token distribution has even begun.

Although Deed will start in the U.S., we plan to grow the broker network to other countries where the commissions in real estate remain too expensive. The funding behind Deed is designed to enhance the platform, market the solution to new adopters, and add more blockchain solutions in the real estate space (both in the U.S and Internationally). Our blockchain solution empowers the public to stop losing 6% of the cash value of their home when they use real estate agents. Through Deed, the future of real estate commissions will be set by the free market based on the price of DEED on exchanges.

1. Already a usable token in all 50 United States.
2. Development Team consists of licensed agents, tech, and business experts.
3. Brings blockchain to an industry that everyone uses.
4. Corrects the cost model on the $157 billion industry of real estate services.
5. Fully transparent: All code (including smart contracts) available on Github and “open office” days for locals to meet development team in person.
6. Usable value of $225 per Deed to the average consumer, far higher for commercial users.
7. Initial token price of $1.50 per DEED.
8. Patent pending platform. (App. №62/552,038)
9. AML and KYC compliant through Member-check Reuters Worldwide Database.
10. Groundbreaking SEC compliance model and available to U.S. purchasers or overseas.
11. Retained compliance law firm Thomson Bukher, LLP of New York.
12. ERC20 based DEED Tokens already deliverable.

To sign up for the whitelist go to https://Deedcoinlaunch.com.

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TeamDeedCoin

Tokenize and Reduce Real Estate Commission down to 1% on the purchase or sale of property.