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NAREIG Announces ICO Pre-Sale – First Real Estate Coupon Ethereum Token for Purchasing Properties

Bitcoinist

Bitcoinist | Jan 08, 2018 | 05:00

Press releases

NAREIG Announces ICO Pre-Sale – First Real Estate Coupon Ethereum Token for Purchasing Properties

Bitcoinist

Bitcoinist | Jan 08, 2018 | 05:00


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The North America Real Estate Investment Group (NAREIG) announces their upcoming token pre-sale that begins on January 16th, 2018.


Seattle, WA, Jan 6, 2018 – NAREIG (North America Real Estate Investment Group), one of the leading real estate companies that helps Chinese high-net-worth buyers to invest overseas, is announcing its real estate coupon Ethereum Token Pre-Sale plan. NAREIG will tokenize real estate coupons on their Ethereum platform and enable the cryptocurrency owner to use this tokenized coupon to purchase properties. The token is named HCT (House Coupon Token), and the Pre-Sale Launch date will be January 16th, 2018.

NAREIG (North America Real Estate Investment Group) was established in Seattle, Washington, in 2012 with an initial vision of providing an online-to-offline platform to help international real estate buyers invest in North America. Over the past 5 years, NAREIG has evolved into an industry leader that provides real estate services in various states, including Washington, California, and New York. With corporation of various local strategic partners, NAREIG has its operations in US, Canada, UK, Germany, France, Portugal, Spain, Greece, Australia, New Zealand, Japan, and Thailand.

Hunter Lin, the Founder and CEO of NAREIG, said:

We are thrilled to announce our own Real Estate Coupon Ethereum tokens and it will become the first Real Estate Coupon tokens in the industry. Instead of establishing a brand-new distribution platform, we issue our tokens on Ethereum. Given to NAREIG’s business model, we decided to use blockchain technology to develop our application.

He then added:

The HCT will immediately benefit our clients and establish the connection between digital currency and the value of real estate coupons.

The NAREIG tokens are “coupons to purchase real estate properties.” Each token purchased at USD $1 cash value can be redeemed as $100 token value, which is USD $100 cash value when clients purchase properties with NAREIG. (Limitations and restrictions apply.) Since the company’s business has expanded globally, the token can be utilized in 12 different countries. The HCT has very stable value, and it also provides liquidity through tokenization.

NAREIG’s tokenization approach to real estate coupons sets an anchor value to the token, while many other tokens in the market proved to be unreliable and prone to volatility. The purpose of HCT is to provide stable incentives that benefits real estate investors. Historically, many types of coupons were wasted because of liquidation issues.

Supporting Resources:

About NAREIG

NAREIG International Realty is a world-class and full-service real estate brokerage company. It represents clients worldwide in a broad spectrum of real estate services, including residential sales, commercial sales (such as office buildings, hotel, and retail centers), land development, property management, and additional services. Unlike the majority of US brokerage companies that only serve domestic markets, NAREIG has the knowledge, experience, and capacity to reach high-end Chinese investors. Through its exclusive partner beimeigoufang.com, one of China’s most influential real estate web portals, NAREIG formed a unique online-to-offline (O2O) business model that differentiate themselves from competitors.

Media Contact:

NAREIG International Realty
Attn:Helen Gu
Seattle, WA,
[email protected]
+1 425 628 0186


Images courtesy of Pixabay.


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