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New York City Real Estate Coin

NYCREC tokenizes New York City real estate, offering token holders fractional interest in a portfolio of properties in NYC and paying them in Ethereum airdrops.
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What is New York City Real Estate Coin about?

NYCREC uses blockchain technology to tokenize New York City real estate in order to offer token holders fractional interest in a portfolio of properties in NYC. This opens up unprecedented opportunities for worldwide accessibility and liquidity in one of the most competitive and desirable real estate markets.

NYCREC Token holders can enjoy some of the benefits that come with owning real estate, including receiving revenue from the building’s cashflow via Ethereum airdrops. Led by a team of seasoned professionals who have managed or invested over $15 billion in real estate and on Wall Street, NYCREC is a true asset-backed token set to disrupt the NYC property market before expanding to other major gateway cities around the world.

 

 

What are the value drivers behind New York City Real Estate Coin token price?

As an asset-backed security offering, if the value of real estate increases, the value of the token should increase as well. Therefore the main value driver behind the token price is the value of the underlying assets, in this case real estate investments.

What is the value proposition of New York City Real Estate Coin?

NYCREC overcomes many of the limitations of the traditional REIT model. It allows for a 24/7 exchange (versus the NY Stock exchange), it will likely feature lower entry costs (saving the investor money up front), and it allows for a more diversified portfolio than standard REITs.

 

The NYCREC token

  • Max Supply: 1750000000
  • 60% of tokens will be sold to start
  • Cashflow/liquidation events will allow us to purchase more real estate over time
  • Whitelisting is a necessity, there are KYC/AML forms that will be available for the pre-sale.

New York City Real Estate Coin ICO Roadmap

Step 1

Run ICO

Step 2

Liquidate funds (funds held in bank)

Step 3

Discover favorable property

Step 4

Build strategy for cashflow

Step 5

Purchase property

Step 6

Generate revenue/cashflow

Step 7

Stabilize revenue

Step 8

A. Sell (or) B. Refinance

Step 9

Repeat steps 4-9

New York City Real Estate Coin team members and advisors

These have not been verified
New York City Real Estate Coin ICO Young Kwon
Young Kwon
Chairman of the board
New York City Real Estate Coin ICO Charles Wyman
Charles Wyman
Co-founder
New York City Real Estate Coin ICO Alain Oberrotman
Alain Oberrotman
Co-founder
New York City Real Estate Coin ICO Barry Cohen
Barry Cohen
Co-founder
New York City Real Estate Coin ICO Steve Wasserman
Steve Wasserman
Principal
New York City Real Estate Coin ICO Neil Benedict
Neil Benedict
Chief Blockchain Officer
New York City Real Estate Coin ICO Paul Brownstein
Paul Brownstein
Chief Operating Officer
New York City Real Estate Coin ICO Raffy J. Ohannesian
Raffy J. Ohannesian
Advisor
New York City Real Estate Coin ICO Serg Gulko
Serg Gulko
Advisor
New York City Real Estate Coin ICO Leonard Seelig
Leonard Seelig
Advisor
New York City Real Estate Coin ICO Roger Crook
Roger Crook
Advisor
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