Code7 is building a decentralized real estate investment platform. Building a community and monetary infrastructure through an algorithmic stablecoin protocol, the team has plans in the process of working with individual property owners around the world to redefine real estate through the beauty of decentralized finance.
The project has launched 4 days ago and has a very active community. Through the entire “tomb fork” phase of DeFi, Code7 Coin stands out with real-life utility. The team consists of positions relating to the real estate industry as we know it now, from those who have experience with mortgages, to law in real estate & DeFi, to general contractors, real estate agents, and so forth.
The live Code 7 price today is $8.33 USD with a 24-hour trading volume of $792,194 USD. We update our CODE7 to USD price in real-time. Code 7 is down 29.27% in the last 24 hours. The current CoinMarketCap ranking is #3256, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
Investments in real estate usually require high investment minimums, preventing smaller investors from participating in the market. REIT’s and property development companies face difficulties in finding financing as real estate is also a rather illiquid market. On top of that, inefficient property management adds unnecessary complexity for smaller investors.
Problems with traditional real estate investing:-
– Illiquidity of the market
– Barriers to entry for small investors
– Not “fun” or interactive
1. Code7 Coin Create a diverse, decentralized team of industry professionals.
Starting with the competent and like-minded team, we will expand and create a community comprised of:
Renters Real Estate Agents
Establishing the above team, along with an enthusiastic DeFi community, will also facilitate Code 7 as a tool for networking and community building.
2. Form a legal entity LLC that manages the treasury
Code7 Coin Forming a corporation, with a focus on affordability at its core, will allow for a smoother interaction between DeFi and real world property investment.
Incorporation will legitimize the income stream, ensuring it is state-recognized (legal & complaint) and allowing us to access CeFi lending markets.
This will allow the protocol to receive a greater ROI on real estate investments via higher loan-to-value ratios and lower interest rates.
Code 7 is a community driven protocol, therefore the corporation will administer, not control, the treasury.
3. Establish the framework of both a fair and equitable community voting process, and a transparent chain of custody for treasury funds.
They will create a basic system by which to vote on potential investments, along with an easily accessible and clear chain of custody for treasury funds (Wallet transaction records, bank statements, purchase contracts etc).By establishing these structures early, we will create a stable foundation for current and future investors to have their voices heard, and ensure the ongoing transparency of the project.
Code7 Coin envision a future where the utilities of Web 3.0 and DeFi can be applied to everyday life in a way that is safe, fair and accountable. Together with your support, suggestions, and critiques we will pioneer the real estate blockchain industry.
They want to build a community that crosses geographical and industrial borders, with the shared goal of using DeFi to create an equitable future for all. Whether you’re an industry expert, a first home buyer, a renter, or are just dipping your toes into your first DeFi project, you can contribute in a meaningful way. Tell your friends, make a meme, spread the word and together we can create a new era of investing!
One of the most important aspects of DeFi is accountability. There are too many rugs in the market, making it tough for investors to safely invest in trustworthy protocols. They KYC’d and renounced contract ownership as soon as genesis pools ended and plan to be held accountable for the things they say we’re going to do.
Maintaining an easily accessible and transparent chain of custody for treasury funds, providing clear explanations for investment decisions and expenditures, and announcing all new and upcoming corporate partnerships is key to building a respectful and unified community.
Ultimately, DeFi is about freedom from the intentional and segregating confinements of the traditional banking system, and dissolving financial class division. In line with this value, we encourage you to take profits when you need them. By taking small, regular profits, you will ensure your own long term sustainability, and therefore, the protocol’s. Remember: Never invest more than you can afford to lose!
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.