Florida, USA, 26 July 2021, ZEXPRWIRE, A new cryptocurrency is about to launch with a breathtaking idea. Digital Real Estate will bring real estate investment to the blockchain. Owning DRE will earn you proportional monthly rewards from the rent collected by the properties owned under the company as well as token price appreciation.
There will be a total of 21,000,000 DRE ever produced with only 2,000,000 being sold in the ICO. After this only 250,000 will be released by the company every year to sell on the market, all funds raised will be used to purchase additional properties, thus creating greater monthly rewards.
Digital Real Estate is a custom token created on the new Etherlite blockchain. Utilizing this blockchain gives the company the ability to send the monthly parent payments to thousands of holders instantly and practically free! Etherlite has the ability to process over 10,000 TPS.
How will Digital Real Estate Grow?
While we will start small with 15-20 rental properties, growth will quickly take off. This will happen due to price appreciation, the greater the price of DRE the more that will be raised on a monthly basis to purchase more properties. On average around 20,000 company DRE will be unlocked monthly and it will be sold on the open market. All funds raised will be strictly used for new property acquisitions. Meaning the greater the price of DRE the more properties that will be purchased creating a greater monthly reward paid to the holders.
How will I get my monthly payment?
You will receive your proportional share of the monthly rent collected in ETL (Etherlite’s native token). This will be fully transferable to any supported currency on any exchange that supports Etherlite. You can also choose to convert your monthly reward back to DRE to maximize the amount you receive the following month.
Why choose DRE instead of purchasing rental property?
There are many reasons you may want to choose DRE instead of purchasing your own rental properties. The most obvious reason is to participate in the token price appreciation. Other reasons include no property maintenance, don’t have to deal with the renters, no taxes, ability to sell at any time.
Their ICO website is currently under development and will be ready within the next ten days. Follow their telegram group for further updates:
The post New Crypto Bringing Real Estate To The Blockchain – Digital Real Estate appeared first on Zex PR Wire.
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