realestateblockchain

Charles Dowd
Sep 9, 2018 · 1 min read

NYC Real Estate Coin

DISRUPTION IN REAL ESTATE. THIS IS JUST THE BEGINNING. The NYC real estate market has historically been an illiquid playground for the ultra-rich, and it’s ripe for disruption. NYCREC can transform the way real estate transactions are bundled and sold. Unlike similar REITs, NYCREC tokens can be traded 24/7 while offering a more diversified portfolio. We also anticipate lower expenses than REITs, which means more profits for our token holders. NYCREC tokens are backed by valuable, real-world assets in a marketplace with a history of high appreciation, which is why we believe fractional interest of real estate is the future for all cities, not just NYC. Once we fractionalize real estate in New York City, we plan on expanding to major gateway cities worldwide, such as London, Hong Kong, San Francisco, and Dubai.

https://nycrec.io/

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