Blockchain Is a Future of Real Estate

Learn how NAREIG will tokenize real estate coupons on their Ethereum platform
15 January 2018   516

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.

What is NAREIG?

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.

NAREIG Team
NAREIG Team 

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.

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

Hunter Lin

Founder and CEO, NAREIG

What are NAREIG tokens?

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.

House Coupon Token
House Coupon Token

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. Historically, many types of coupons were wasted because of liquidation issues.

The purpose of HCT is to provide stable incentives that benefit real estate investors.

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Microsoft to Ban Crypto Ads in Bing Search Engine

Advertisements related to virtual currencies or promotion of fake/forged virtual currencies are now prohibited
17 May 2018   135

Bing is a very famous web search engine owned and operated by Microsoft. A couple of days ago Bing reported in its Blog that online fraud involving financial services became a serious problem recently. Bing published a list of policies to help ad providers meet approval and protect consumers and businesses from being victimized. The polices apply to all forms of currency including real and virtual currency.

Advertising for the following products and services is not permitted: Ponzi schemes, pyramid schemes, or other legally questionable business opportunities, particularly if returns on investment rely solely on adding participants to the scheme or the consumer must pay a subscription fee or buy a specific product to join, and the value proposition of doing so is undefined.
 

Bing Blog post

Bing now bans ads related to solicitation of funds except by recognized charities or organizations. Advertisements related to virtual currencies designed to facilitate illegal purposes, to avoid applicable taxes, money laundering, promotion of fake/forged virtual currencies are also prohibited. The full ban of such ads is expected in late June or early July.

Previously, we have reported that Facebook created a new policy that prohibits all advertisements for cryptocurrency and ICOs as part of an effort to improve the integrity and security of ads.