Overview

  • Country USA
  • CategoryReal Estate/ Real Estate Platform

The Deedcoin network decentralizes control of the real estate industry by allowing customers and agents to connect directly at customer chosen rates.

Project stage

Only a whitepaper

Detailed description

The Deedcoin network decentralizes control of the real estate industry by allowing customers and agents to connect directly at customer chosen rates. Because Deedcoin operates over the real estate infrastructure, homes are still listed on regular MLS platforms and Deedcoin discounts (or buyer rebates) reflect on real world HUD forms at property closings. 

Deedcoin operates in a network model and has already built the user platform with active brokers in all 50 states and over 140 cities. Deedcoin has found a way to operate a next generation full service real estate network at a baseline 1% by solving the customer acquisition problem for agents.

DEED is usable in all 50 U.S. states and Puerto Rico through the 163 brokerages already in the network. Users can simply access deedcoin.com and begin a transaction by buying enough DEED (our ERC20/223 token) with a credit card and setting up their Ethereum wallet with one click. 

A major initiative in the Deed mission is applying the benefits of blockchain to a major consumer industry without complication. The in-house development team constantly streamlines the platform to bring decentralized technology behind the user layer, making innovation elementary.

Problem

6% of your house does not belong to you, but rather to your future real estate agent. U.S. property owners hold $15 trillion in private real estate and stand to lose $900 billion in future commissions. Through blockchain technology, the real estate industry can be decentralized and streamlined. Deed returns up to $750 billion to homeowners by tokenizing real estate commissions and connecting customers with agents directly. 

The problem of predatory real estate commissions is not exclusive to the United States. Globally, there is over $200 trillion in privately held real estate. Deed harnesses blockchain to remove the centralized bureaucratic authorities that raise costs for homeowners and agents. Deed displaces the monolithic middlemen and restores control and equity to the homeowner. 

The network and infrastructure are already usable with partnered brokerages in 163 cities across all 50 states. Deed agents, and a revolutionary platform are standing by to help homeowners. Only 50 DEED are needed to retain 5% more of the equity in a property upon sale, while still enabling owners to access full service agents for a mere 1% commission.

Solution

Deed is simple. Instead of hiring an agent randomly, customers can quickly choose their local agent and set the rate as low as 1%. Real estate runs on percentages and so does Deed. In fact, every 10 DEED equals 1% of a property price. To reduce the commission of a full-service local licensed agent from 6% to 1%, it only requires 50 DEED. That is 5% more of your equity kept in your home upon sale. 

The Deed Network decentralizes control of the real estate industry by allowing customers and agents to connect directly at customer chosen rates. Because Deed operates over the real estate infrastructure, homes are still listed on regular MLS platforms. Deed discounts (or buyer rebates) reflect on real-world HUD forms at property closings. Deed operates in a network model and has already built the user platform with active brokers in all 50 states and 163 cities. 

Deed has created a next generation full service real estate network at a baseline 1%, by solving the customer acquisition problem for agents. The free market sets the price of each commission point through Deed. Deed is a better option for everyone involved in a real estate transaction. The free market sets the price of each commission point through Deed. By building the network first, DEED is a usable token that is reshaping the industry.

Features

  • Deed customers never have to wait for information on their transaction. The Deed Network has cloud-based Transaction Coordinators standing by to assist users.
  • Customers utilize the revolutionary dashboard allowing easy access to an agent, or licensed transaction assistant.
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Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : DEED
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 28,000,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC223)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. :4,000,000 USD
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :30,000,000 DEED
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :Yes
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :1,866,666 DEED
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Open
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :BTC, ETH, FIAT, LTC,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :China, North Korea,
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    Unsold Deedcoin shall be held in reserve by Deedcoin Inc. in the company pool for future product or network expansion.

      • Token Distribution

        • Funds Distribution

      Sale schedule

      Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
      Public sale — Active
      15 Sep 10:00 UTC
      1.5 USD 10% - 40% - Uncapped Uncapped
      Pre-sale — Ended
      19 Feb 01:00 UTC
      05 Mar 17:00 UTC
      1.5 USD No - Uncapped Uncapped
      Private sale — Ended
      01 Jan 00:00 UTC
      1.5 USD No - Uncapped 5,000,000 DEED
      Public sale

      0-1 Million Tokens: 40% Quantity Bonus

      1-5 Million Tokens: 20% Quantity Bonus

      5-15 Million Tokens: 10% Quantity Bonus

      Read more about vesting and bonus
      • Team

        • Matt Herrick photo
          Matt Herrick
          Co-Founder
        • Charles Wismer photo
          Charles Wismer
          Co-Founder
        • Thomas Spangler photo
          Thomas Spangler
          Co-Founder
        • Phil Mrzyglocki photo
          Phil Mrzyglocki
          Director of media
        • Emily Thacker photo
          Emily Thacker
          IT Project Manager
        • Jin Li photo
          Jin Li
          Full stack engineer
        • Matt Lawson photo
          Matt Lawson
          Content manager
        • Sam Mihal photo
          Sam Mihal
          Media manager
        • Ali Zain photo
          Ali Zain
          Blockchain programmer
        • Joe Davies photo
          Joe Davies
          Community director
        • George Herrick photo
          George Herrick
          Business manager
      • Advisors

        • Greg Tavalsky
          AI Advisor
        • Henry Ines
          Venture Partnerships
        • Jorge Cordova
          Marketing Advisor
        • Yuri Hideaki
          Blockchain Programmer
        • Mike Stricklin
          Media Advisor
        • Jim Weix
          Realtor Relations Advisor
        • Katie Ananina
          Outreach Advisor
        • Jeff Peterson
          Marketing & PR Advisor
        • Sam Mallikarjunan
          Marketing & PR Strategist

      Roadmap

      • Jun-Aug 2017

        Idea Creation, Trademarks, Patent Application, Website Design.

      • Sep-Dec 2017

        Token Prep, Website Production, Blockchain Development, Whitepaper, Broker Onboarding, Audit, Legal, Testing.

      • Jan-Apr 2018

        Usable Network, Smart contract live, Presale open, Platform enhancement, Sale phase begins, Establish Headquarters, Hiring tech teams.

      • May-Dec 2018

        Training of transaction coordinators, Cloud based transaction software implemented, National broker cloud training, Final testing of all new systems, Enhanced systems network completed, All token sales conclude.

      • 2019-2020

        International network expansion to five high-commission countries, Launch of Generation Blockchain MLS.

      Activity