Cryptocurrencies came into being after the debut of Bitcoin (BTC). Now, the currency is one of the most used all over the world, and for good reasons too. Cryptocurrencies are not decentralized. They are also used on a Peer-to-Peer basis, and can now be used in many payment channels.
CRYPTOCURRENCIES IN THE REAL ESTATE INDUSTRY
Cryptocurrencies have been used in many industries, ranging from the supply chain industry to finance and down to the logistics industry.
One industry that hasn’t fully gotten the “cryptocurrency touch” is the real estate industry. Here, fiat or paper money is still in wide circulation.
Leasehold, a blockchain-based project is set to change that. It is making use of many tools, including its Leasehold Token (LSH) to bolster the growth and sharing of income in the traditional real estate industry.
THE LEASEHOLD TOKEN (LSH)
Leasehold is the platform that will be in the frontline of facilitating transactions related to real estate. The platform has a parent company called Leasehold Holdings. The company, in turn, has many features that will bolster Leasehold’s chances in the competitive real estate industry.
One of such features is the Leasehold Token (LSH). The idea of this token was brought up for some many reasons.
First, it tends to serve as one of the foremost crypto tokens that will be used for real estate transactions.
Second, the Leasehold Token (LSH) is deflationary. This means that as time goes on, the amount of the LSH token in circulation will be diminishing instead of increasing. This is also for a number of (good) reasons. The first point is that the deflationary feature of the Leasehold Token (LSH) makes it possible for Leasehold Holdings to burn some of the tokens in order to increase demand. Second, as the demands increase, the token’s value can be skyrocketed, thereby making the investors richer.
• Real Estate Investment Using Crypto Tokens
You can now put your crypto token to good use, starting with the Leasehold Token (LSH).
The Leasehold Token (LSH) has been designed as one of the most common methods of payments on Leasehold. With it, you can rent or get properties on lease on the Leasehold platform.
In the case of making investments in real estate portfolios on Leasehold, you can also do that using the Leasehold Token (LSH). After that, you will get the Returns on Investments (ROIs) via the Leasehold Token (LSH).
DUAL BUSINESS MODELS
Leasehold Holdings, the parent company of Leasehold will operate two (2) business models.
The first is the running of non-owned apartments on behalf of the owners. At the end of the rent or lease term, Leasehold will take its agreed amount for the marketing aspects and return the remaining profits to the homeowners.
On the other hand, Leasehold can run owned properties, whereby it will retain the profits accruable from the profits. It will also distribute some Leasehold Tokens (LSHs) to the investors who bought the LSH token.
CONCLUSIVELY
Leasehold has taken a bold step to open up another use case for crypto tokens; this time, for investments in the real estate industry.
It is now up to the target audience (potential real estate investors) to take a cue and starting investing in properties using the Leasehold Token (LSH).
For more insight, click the links below:
Website https://leasehold.io
Twitter https://twitter.com/leaseholdHQ
Facebook https://www.facebook.com/Leasehold-101658667937642
Telegram https://t.me/Leasehold_Bounty
Reddit https://www.reddit.com/user/Leashold
AUTHORS DETAILS
AUTHOR'S DETAILS
Bitcointalk Username: Nancyo
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2759950;sa=summary