Monaco Estate is a cryptocurrency real estate investment fund.
Monaco Estate focuses on high end apartment rentals in Monaco and utilizes blockchain smart contracts to allow token holders to receive a monthly profit share via Ethereum payments. Lowering risk and allowing investors to benefit from profit shares, Monaco Estate is the new blockchain startup that will be offering a cryptocurrency backed by real estate rentals in Monaco.The company will be looking to raise up to 50,000 ETH with their Monaco Estate (MEST) tokens which will be backed by real-world assets and have the benefit of offering token holders a share of the company profits every month.
So far, cryptocurrency investments have been highly volatile and unpredictable. Real estate equates to over 60% of the worlds mainstream assets and is seen to be one of the most secure investments.
Backing the Monaco Estate token with some of the world’s most premium real estate assets ensures a solid return via capital growth and rental profits. This will bring to the market a less volatile cryptocurrency that can act as a longer-term investment opportunity for any cryptocurrency investors and much-needed portfolio diversification.
Monaco houses the highest concentration of millionaires anywhere on the planet, making it one of the most sought after prime real estate investment locations in the world.
High demand for properties that increases every year driving huge capital growth and rental income growth. Monaco has a proven track record of huge capital growth year after year.
The renowned tax haven draws in thousands of extremely wealthy clientele looking for minimum of 12 month rentals (needed for them to benefit from Monaco’s tax status). Monaco is one of the best tax jurisdictions for business and real estate in the world, with 0% tax on rental income within Monaco – this allows us to maximize investor returns.
FOR MORE INFORMATION:
WHITEPAPER: http://monacoestate.io/wp-content/uploa ... ePaper.pdf
In detail on Foundico: https://foundico.com/ico/monaco-estate.html
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