The Deedcoin token uses blockchain to create a true free market system to redefine the real estate industry. Through the creation of the DEED token, which replaces commission at a ratio of 10 DEED to 1% of a properties price. Simply think of Deedcoin in tens, each ten Deedcoin are used for 1% of a property total cost, regardless of the property price, because DEED functions as a percentage. Deedcoin removes the centralized control of the real estate industry from large powers such as the National Association of Realtors (NAR) and mega-brokerages along with their antiquated 6% commissions. Initially sold at $1.50 per Deedcoin at the ICO (Initial Coin Offering), each token saves a holder $225 on the average U.S. home ($225,000). Each Deedcoin can save exponentially more on higher value properties. You can buy it, own it, transfer it like Bitcoin for example, but also directly use it.
The real value of Deedcoin is the ability to save users 80% or more on real estate commission when they buy or sell property. Unlike the vast majority of ICOs, Deedcoin is already a useable platform. The Deedcoin network is now partnered with brokerages in over 163 cities across all 50 U.S. states. This network makes Deedcoin useable to reduce commissions on a national level before wide scale public token distribution has even begun.
Overview
FAQ about Deedcoin
When was Deedcoin founded?
Deedcoin was founded in 2017.
Is Deedcoin still active?
Yes, Deedcoin is active; its latest activity on Parsers VC dates from Jun 19, 2018.