 | Resort Land Coin |
Resort Land Coin provides a channel to crowdsource land investment, allowing smaller investors to own part of a parcel of land and reap the benefits of their investment, by leveraging the technology of the blockchain and Ethereum smart contracts.
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What is Resort Land Coin
Resort Land Coin allows investors to buy any percentage of an available plot of land or resort real estate that is listed on the Resort Land Coin platform through Resort Land Coin tokens - RLCX. Major decisions around managing or monetizing the asset (e.g. developing, leasing, selling) are proposed and voted on via an Ethereum democratic contract, where 1 RLCX equals 1 vote. Investors also receive returns on their investment in proportion to their initial investment. Resort Land Coin also administers the sale of property for individual landowners, acting as a low-fee agent. All an investor or seller has to do is track their RLCX balance on the Resort Land Coin platform.
Token Sale Dates
Presale Period
Funding Details
Token distribution
30% - will be offered in the crowdsale
25% - will be retained by ResortLandCoin
45% - will be kept as a reserve liquidity fund
Funds allocation
50% - Collect votes on a property to crowdsource
50% - Select the top 5 proposals based of feasibility
Token Price and Payment Options
Industries
