Tokenized Real Estate Investment Fund
ICO – July 30, 2018 – October 30, 2018
TNCoin is Tokenized Real Estate Investment Fund built on Stellar Consensus Protocol that allows for the tokenization of real estate assets and for ownership interests to be distributed in the form of digital shares. The smart contract protocol also allows for the automated distribution of dividends directly to each token.
TNCoin is a savings platform backed by a non-inflationary asset, commercial debt-free real estate, to
deliver stable capital preservation. As a cryptocurrency, it enables savers to convert their money to and
from TNcoin tokens using the full security and convenience of blockchain technology.
The Company was founded by Luis A. del Mazo, Jr. and Tanya Rodriguez who have more than 40 years
of combined experience in the real estate industry.
Luis A. del Mazo, Jr – https://www.linkedin.com/in/luis-a-del-mazo-jr-cips-052a8b20/?trk=public-profile-join-page
Graduated from ITT Technical Institute Salutatorian of the class of 2012. Luis also holds an Associate of Arts in Computer Aided drafting and design. Luis started his career in mortgage finance in 1996. In 1998 Luis became a licensed Realtor with Remax. From 1998-2008 Luis remained in Remax’s elite 100% Club as one of Remax’s top producers with hundreds of residential and commercial sales transactions.
Tanya Rodriguez – https://www.linkedin.com/in/tanya-rodriguez-cips-4100767/
Experienced Commercial-Residential Realtor with a demonstrated history of working in the real estate industry. Skilled in Negotiation, Sales, Buyer Representation, Investments, U.S. Federal Housing Authority (FHA), Relocation and knowledge of crypto-currency in real estate. Strong real estate professional that you can trust.
They plan to raise $100 mil in their Phase 2. At some point they also plan to buy back their own tokens and burn them to stabilize the value.
Consumer protection and KYC/AML requirements are added using its built-in compliance protocol feature, providing for a self-regulating ecosystem.
TN tokens will have an initial value of 1 TN to 1 USD. The number of tokens created will equal the dollar
amount raised, rounded down to the nearest whole dollar.
The Fund expects the value of its crypto-token, the TNCoin, to increase in value as the value of the
underlying property increases in price and generates steady cash flow. The Fund anticipates that many
holders of bitcoin and ether will see in the Fund an attractive opportunity to diversify some of their
holdings into a cryptocurrency backed by physical, income-producing assets in the real world without
having to realize large gains.
The best way to contact this project is through Telegram and Email – [email protected]
As of 10th July, 2018 community size – 6000
After Interview with Luis A. del Mazo and information from open source.