Cryptocurrency since it first appeared has brought many changes, including in the real estate industry. With cryptocurrency, now people can invest more safely and easily in various crypto assets that are directly backed by real assets, which makes these tokens more stable and secure compared to tokens in general.
When crypto assets are backed by real assets, these tokens are generally more stable and easier to adopt en masse, such as fiat currencies that are backed by gold. In this way, investors can more freely invest and store these tokens.
Speaking of asset-backed cryptocurrencies, there is one token that you might want to know about, namely the KRG token - a simple and transparent blockchain-based tool designed to make an investment in commercial real estate straightforward and easy.
KRG Token: A Cryptocurrency Backed By A Real Estate Business
As previously explained, a KRG Token is a cryptocurrency backed by a real estate business. Thus KRG tokens are more stable and secure compared to cryptocurrencies in general, which do not have any support.
KRG Token is backed by a real estate business, namely Karagandy Hotel & Office complex in the heart of Karagandy city (Kazakhstan). Where each token will represent the share of the Hotel & Office complex market value at the rate of 1 KRG per $ 1 of the market value which amounts to $ 10,000,000.
Going forward, the commercial profits will be used for the buyback of tokens circulating in the market, which creates an economy that increases the value of the KRG tokens. So that when investors invest in KRG tokens, they can expect more about the value of the KRG token in the future.
Karagandy Hotel & Office complex
Karagandy Hotel & Office complex is a commercial area which has a total area of 10,000 sq.m. and 5 floors of buildings, each of which is commercialized for various purposes such as offices and hotels.
Karagandy is a 3-star hotel which is strategically located in the city center with easy transport connections giving an edge in terms of customer flow.
If we look at business opportunities, the Karagandy Hotel & Office complex is quite good to look at, considering the potential of Kazakhstan's tourism industry, which is expected to increase every year.
KRG Token
KRG Token will be launched under the name "KRG" with a limited supply of 10,000,000 KRG. KRG will be a token that will be traded on the market for 1 USD, but in the initial phase, the team will reduce the price to 0.5 USD per 1 KRG with a time limit. The team plans to do a pre-sale until 1.09.2020 and IEO (BTC-Alpha): 1.09.2020. In the future, the tokens will be used for various purposes, and when the profit is met, the team will buy back the tokens circulating in the market to stimulate demand and value. Following are the details of the KRG token:
Ticker: KRG
Total Supply: 10,000,000 KRG
IEO Pre-sale: till 1.09.2020
IEO (BTC-Alpha): 1.09.2020
Pre-sale price: 0.5 USD per 1 KRG
Description: KRG token is a highly volatile crypto asset backed by an established business: Karagandy Hotel & Office complex in Kazakhstan.
In Conclusion
By being backed by real assets, the value of cryptocurrency tends to be more stable and increases investor confidence in the token. KRG Token is a cryptocurrency backed by a real estate business namely Karagandy Hotel & Office complex, which is a commercial area with a total area of 10,000 sq.m. with 5 floors located in the central and most lively area of the city of Karaganda, which is quite a promising investment. KRG Tokens will be used for various purposes, when commercial profit is reached, the team will buy back tokens circulating in the market which will increase the value of the KRG tokens in circulation.
Keynotes
KRG token is a cryptocurrency backed by a real estate business.
KRG token is a simple and transparent blockchain-based tool designed to make an investment in commercial real estate straightforward and easy.
Future commercial profits generated by the business will allow for a phased buyback of the KRG token.
Connect
WEB: https://krg-token.com/
TELEGRAM: https://t.me/krg_eng
TWITTER: https://twitter.com/KrgToken
FACEBOOK: https://www.facebook.com/KRG-tiken-world-102621584890722
It's an amazing thing knowing that, Is it built under BCH?