AU100

HouseCoin Australia

HouseCoin Australia logo

The Raise Total

$101,000,000

Price Per Token

$0.01

Raise Start

-

Minimum Investment

$25,000

https://housecoinaustralia.io/

We are the worlds’ first entity, to Tokenise the most sought after and secure asset - Australian residential property, via digital block-chain based tokens. Investors who are interested, can now invest directly into Australian Property instantly and benefit from all the security and growth of our housing market. We are currently in the private capital-raising stages. Foreign investors seeking to participate in the primary rounds of fund raising are subject to Australian securities law and fall within the purview of ASIC’s regulatory framework. Visit https://housecoinaustralia.io/

Terms

Fundraise Information

Total Raise $101,000,000 USD
Soft Cap $500,000 USD
Raise Status Open since 2019-10-05T00:00:00Z
Minimum Investment $25,000 USD
Accepted Investors -
Security Type Equity
Exemptions -
Instrument Custom Contract

Token Information

Price Per (AU100) $0.01
Token Issuance Platform -
Token Protocol SRC20 (ethereum)
Token Issuance Info 12 months
Payment Options
  • USD

About

Overview

In an ASIC-compliant Security Token Offering (STO) the Fund will raise $101M through the generation and supply of 3Bn Tokens. The Fund will pool investors’ money and acquire residential properties within Australia, allowing investors entry into the Australian Property Market (Property Market). Tokens represent a key value proposition through the ability to fractionalise interest in the properties acquired by the Fund, enabling low net-worth individuals access to a Property Market that they may have once thought impossible to participate in. The Fund’s Tokens are a Stable Coin meaning that it will not be exposed to the volatility inherent in the cryptocurrency market, as it is linked directly to the value of the property portfolio.

Highlights

The majority of monies raised from investors will be applied toward the acquisition of residential properties in the Property Market. The remainder of the funds will be used to satisfy other expenses, including the development of a blockchain platform, integration of the Tokens into the platform and other expenses such as advisory and legal fees, marketing and employee salaries.

Press

“Australia’s First Real Estate Crypto Token: How Marlene Liontis’ House Coin will change how Australians invest in property”
“https://en.businesstimes.cn/articles/105527/20181205/marlene-liontis-house-coin-aims-to-become-new-face-of-australian-cryptocurrency.htm”