TNCoin Offers Chance to Invest in Cryptocurrency backed by Real Estate Assets

NASHVILLE, TN – 04-10-2018 (Press Release Jet) — TNCoin LLC, a Nashville, Tenn.-based real estate investment platform, recently announced the creation of one of the country’s first real estate tokenized asset funds. TNCoin will use the ERC-20 platform to distribute tokenized shares to investors, which allows for the portability and fungibility of cryptocurrencies that modern investors love. “TNCoin is a move in the positive direction for cryptocurrencies by providing more stable securitized options backed by real estate assets.” said Fund Manager Luis del Mazo, Jr., CIPS.

TNCoin represents a valuable opportunity for individuals wanting to capitalize on this unique real estate-backed investment. At this juncture, TNCoin is seeking to raise $20 million from accredited investors through a Regulation D 506(c) offering. “Although initially this offering is only for accredited investors, in the future, we would like to offer a Regulation A plus to open up to all levels of investors,” del Mazo said.One of the key components of TNCoin’s offering is to provide investors with a tokenized asset that can be stored and exchanged at a future date. TNCoin is distinctive because it is one of the first securitized real estate investment funds to offer cryptocurrency tokens. The fund will acquire real estate assets either to rent and hold, renovate and/or sell, beginning with a multi-family housing facility located at 106 Herman St. in Nashville. (Currently, the apartment building is 100-percent occupied.) “TNCoin will initially be backed by this 68-unit apartment building generating 1.3 million in revenue a year, secured by corporate rental agreements,” del Mazo said. “The steady rate of return through rents and appreciation, will help cryptocurrency investors stabilize their volatile portfolios.”ERC-20 tokens are gaining prominence and popularity with investors, and it’s no wonder why.ERC stands for E thereum Re quest for Co mments, and ERC-20 is the most common and well-known standard within the cryptocurrency community. An ERC-20 token is simply a crypto coin that is built to run off Ethereum, the smart contracts platform powered by ether. Since ERC-20 tokens are built on top of the Ethereum blockchain, allows for programmable tokens with virtually limitless customization potential. The majority of the initial coin offerings today use Ethereum’s token standard to create their tokens. Currently, there are thousands of ERC-20 tokens in existence, allowing investors to capitalize on the surging crypto boom.TNCoin is poised to help investors take advantage of real estate tokenized asset funds, thanks to the expertise of del Mazo and his business partner, Tanya Rodriguez, CIPS. Del Mazo and Rodriguez have a high level of knowledge in cryptocurrency and are establishing themselves as real estate crypto pioneers. They are committed to leading the way in the real estate tokenization industry.In terms of their professional background, del Mazo and Rodriguez—who both became licensed Realtors in 1998—have distinguished themselves as international real estate advisors. Together, these certified international property specialists have completed hundreds of commercial and residential real estate sales transactions. Over the past 20 years, del Mazo and Rodriguez have worked all aspects of the real estate industry and have continually enhanced their knowledge. Del Mazo, who holds an Associate of Arts in computer-aided drafting and design from ITT Technical Institute, worked in mortgage finance before beginning his real estate career. From 1998-2008, he maintained a position in Remax’s elite 100% Club as one of its top producers. His experience encompasses everything from rental and construction management to renovations, sales, structuring creative financing strategies, and investment consulting. Rodriguez is an experienced commercial-residential Realtor with a solid history of working in the areas of negotiation, sales, buyer representation, investments, U.S. Federal Housing Authority (FHA) and relocation.For more information about TNCoin and its exceptional investment opportunity, please visit www.tncoin.us.Media Contact: Fund Manager Luis del MazoPhone: 615-543-6587
Email: info@Tncoin.us
URL: www.TNcoin.us

Media Contacts:

Company Name: TNcoin
Full Name: Luis A. del Mazo, Jr.
Phone: 6155436587
Email Address: Send Email
Website: www.Tncoin.io

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