ReCoin is an upcoming new blockchain cryptocurrency founded by Maksim Zaslavskiy backed by real estate investments in developed economies.
LAS VEGAS, LAS VEGAS, USA, July 10, 2017 /EINPresswire.com/ — ReCoin is an upcoming new blockchain cryptocurrency founded by Maksim Zaslavskiy backed by real estate investments in developed economies such as the United States, U.K., Switzerland, Australia, Canada and Japan.
ReCoin will be an easily accessible financial platform through which people from all over the world can convert their savings into a real estate backed currency for the potential of high returns or to protect their earnings from inflation.
Unlike fiat currencies for which there are no hard assets backing their value, ReCoin will be used to purchase real estate investments with some of the highest potential returns, such as short sales, foreclosures, rental properties and other related developments.
Each ReCoin represents a piece of a secure real estate investment, allowing people from all over the world to convert their country’s currency into an inflation-proof cryptocurrency. Users can immediately convert their currency to and from ReCoin, and purchases of any size can be made.
Not only will ReCoin’s profits be used to purchase real estate investments; the ecosystem will also function as a secure and efficient alternative to traditional financing methods.
ReCoin will feature the availability of approved sidechains, which allow developers or entrepreneurs to create their own cryptocurrency with its own rules within the ReCoin ecosystem.
ReCoin sidechains can be used to create auto-executing smart contracts, secure and fast alternative financing methods, and other business projects intended to improve the traditional real estate business and society as a whole.
With the potential for smart contracts and innovative real estate financing platforms, ReCoin will lower the costs and improve the speed of the traditional real estate business and will eliminate the need for many types of third parties.
The initial sale of 10 000,000 ReCoins will be at a 15% discount, with 1 ReCoin (RCN)
equaling $0.85 USD. This discount will become progressively lower as more ReCoins are
Mining will be required in order to build the blockchain required for ReCoin, with miners receiving 15% of funds emitted from the mining process, while 83% will go toward the 101ReCoinTrust which ensures that ReCoin’s profits are fully and intelligent invested into real estate.
The profits from ReCoin are solely used to purchase more secure real estate investments. ReCoin’s users are also able to vote on any major investment decisions that have the potential of affecting 5% or more of the currency’s value.
Maksim Zaslavskiy is a humanitarian with an interest in several global charities. Up to 70% profit from ReCoin is dedicated to some of the most well-known and trustworthy charities including Red Cross, Homes for Our Troops, World Vision, Feeding America, Doctors Without Borders and many others.
With the latest blockchain technology, ReCoin like many other leading cryptocurrencies will be secure, virtually impossible to counterfeit, and will not be susceptible to manipulation from financial institutions.
ReCoin is an upcoming cryptocurrency backed by secure real estate investments in the world’s most advanced economies. It will allow investors from all over the world to convert their currency and savings into a stable inflation-proof cryptocurrency. ReCoin is founded by humanitarian and entrepreneur Maksim Zaslavskiy.
Maksim Zaslavskiy, 702-359-1047
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Source: EIN Presswire