“Tokenization” is clearly going to be a buzzword of 2022, as cryptocurrency becomes more widely adopted globally and investors look to transact deals using decentralized blockchain technology. Tokenization replaces sensitive financial and transactional data with unique identification symbols that retain information about the data without compromising security, and eliminates the need for a traditional financial intermediary.
In 2020, the global commercial real estate market was approximately 32.6 trillion U.S. dollars, up from 30.3 trillion in 2019, according to Statista Research.
Contracoin enables real estate investors to purchase tangible assets, using blockchain technology, smart contracts, and cryptocurrency to provide faster and more secure trades.
By offering crypto-based peer-to-peer lending through proptech partner DepositMate, Contracoin makes investment possible with 100% of the purchase price transacted in tokens or a combination of digital and fiat currency. The specially designed Contracoin token (CTCN) can be leveraged to receive a loan toward the purchase of a property in its network.
Current properties for sale on the exchange include Victoria Place, a luxury apartment development and retail center in Sydney, Australia. This 30-story building features sweeping views of the city skyline and convenient access to transit. Other properties include Pom Central, Port Moresby, a proposed master-planned, mixed-use development in Papua, New Guinea and The Wave, an iconic water-view residence with striking views of Sydney’s Botany Bay.
The extensive Contracoin exchange lists international properties for sale in choice markets throughout Australia and Southeast Asia and is actively expanding its global presence. For more information about investment opportunities, contact Contracoin’s CEO & Founder, Barry Lipscombe.
