Contracoin CRE Cryptocurrency Makes U.S. Debut, Blockchain-Powered Platform Serves as Bridge Between Cryptocurrency, Real Estate Markets
Los Angeles, November 10, 2021 – Contracoin, a global real estate blockchain-powered cryptocurrency platform, is now available in the United States. The established cryptocurrency efficiently and securely facilitates CRE transactions and allows commercial real estate brokers, owners, and property developers to gain exposure to international real estate investors. The company seeks to revolutionize the global real estate industry through an innovative blockchain platform that facilitates the seamless acquisition of properties using cryptocurrencies.
“Contracoin is the bridge between cryptocurrency and the real estate markets,” said Barry Lipscombe, CEO of Contracoin, who notes the digital currency is the world’s second highest ranked real estate cryptocurrency by CoinMarketCap. “Our blockchain-powered platform opens the world to crypto property buyers by giving them access to properties in the U.S. and internationally and allowing them to pay for tangible assets using the Contracoin token.”
Contracoin was launched in June 2018 internationally by a team that has served real estate brokers, owners, and investors across the world from its base in Australia for nearly three decades. The company provides buyers with access to international properties and allows investors to purchase properties using the Contracoin token – CTCN – which delivers opportunities to buy real estate assets that can provide income and capital gains.
“Commercial real estate property owners and brokers are challenged when selling their properties in this historic CRE market where we are seeing record transaction volumes, accelerated pricing, robust investment activity and elevated levels of capital allocations by institutional investors seeking to place capital in real estate,” adds Lipscombe. “Those involved in moving CRE properties today must find quicker and more efficient ways to execute real estate transactions. Blockchain-powered cryptocurrency platforms, like Contracoin and its CTCN Tokens, are a perfect fit for those needing to expedite the deal or expand their pool of investors to a global market.”
Investors, both buyers and sellers, who tap into the Contracoin platform and token can take advantage of Contracoin’s digital process to close deals quicker, while still providing the certainty and security they expect. Contracoin’s differentiators are that it focuses on quality commercial and residential properties in markets with an emerging real estate sector that’s exhibiting strong returns and high potential capital growth. Additionally, unlike a large percentage of other cryptocurrencies that can’t be used to purchase anything, Contracoin tokens can be used to buy a real estate product, which is a secure asset that offers potential income and capital gains. Property owners and developers are accepting up to 100% of a property’s selling price in Contracoin tokens or a combination of local currency and tokens, which delivers better liquidity options compared to other available real estate-based cryptocurrencies that only offer fractional ownership
“The global real estate industry is in need of new technological solutions to streamline the transaction process – and now, it has one,” said Chris Adams, Chief Technology Officer of Contracoin. “We’ve found a way to revolutionize the worldwide real estate industry using a blockchain cryptocurrency network. We leverage state-of-the-art, Ethereum-based, smart contract technology to abolish errors, and ensure security, transparency, and stability during documentation.”
Adams, who is based in Contracoin’s U.S. headquarters office in Los Angeles at 9701 Wilshire Blvd., Suite 1000, Beverly Hills, CA, recently joined the firm after having worked with and for some of the best-known companies in the world, encompassing a wide variety of start-ups, charitable endeavors, brands and thought leaders. That includes such companies as Facebook, Amazon, National Storage, Sensis/Found Digital and Oxamii.
Contracoin lists assets from countries across the world, through existing international real estate channels. Owners who wish to sell their properties can make them available to potential buyers on Contracoin’s property listing website. Contracoin then simplifies commercial real estate investment for investors by eliminating traditional barriers typically found within a complicated banking process that often includes excessive transaction fees.
Contracoin is backed by the virtual barter network and by Contracoin’s parent company, Contracard. The company plans to establish and develop a global real estate platform and marketplace for global cryptocurrency investors. Using ERC-20 compatible Contracoin Tokens, and by leveraging state-of-the-art Ethereum-based smart contract technology, Contracoin eliminates manual errors and assures security, transparency, and immutability during documentation.
How to Buy Contracoin Token
Buying a Contracoin token is as simple as downloading the Contracoin wallet and following the steps to secure CTCN tokens. The Contracoin Wallet is a Mnemonics based mobile wallet that is highly secure, that stores crypto assets. It currently supports Contracoin, Bitcoin, Ethereum, and USDT tokens. It respects privacy and does not save private keys anywhere, giving investors total control over their assets. They can easily switch between different mobiles and restore their assets by using a 12-Word Mnemonic phrase. The Contracoin Wallet App is available to download on the Google Play or Apple App Store.
Contracoin is a global real estate blockchain-powered platform whose Contracoin token – CTCN – allows real estate agents, brokers, and property developers to gain exposure to international real estate investors. Contracoin was launched in June 2018 and now is making its debut in the United States, with an office in Los Angeles. The team behind Contracoin has served real estate brokers, owners, and investors across the world from its global base in Australia for nearly three decades. The company provides buyers with access to international properties and allows investors to purchase properties using the Contracoin token, which delivers opportunities to buy real estate assets that can provide income and capital gains.
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