ZURICH: People finding real-world REITs too sober, opaque, or boring, may soon be able to invest in slivers of digitally-tokenized real restate in the tony heart of Europe.
If their forthcoming ICO-funded venture succeeds, Switzerland-based Swiss Real Coinwill soon be offering a Blockchain token-based RE investment vehicle, “far more transparent than direct real estate investments or classic real estate funds.”
The proposal will be win-win: hot, flexible, ephemeral and divisible digital tokens will be linked to one of the world’s most prized tangible assets: commercial real estate, “allowing for full upside potential with a strong downside protection through the inner value.”
Swiss Real Coin is by no means the first or only firm to envision a new blockchain-based means of crowdfunding real-estate acquisition. According to Coindesk author Brady Dale, companies BitRent, Etherty, Caviar and Trust, among others, are also tying RE to crypto, albeit using different models and in varying jurisdictions, where laws surrounding RE can be anything from byzantine or inadequately-established.
The Swiss Real Coin release invokes the well-know and attractive stability of the Swiss Economy (positive GDP, low unemployment and low debt) but makes no mention of regulations governing real estate ventures in Switzerland.
