01 May Introducing MilCoin, the cryptocurrency that will be backed by real estate
Mexican and American businessmen made the official presentation of the Initial Coin Offer (ICO, for its acronym in English) MilCoin ICO, aimed at the more than 200 million investors who acquire resources in cryptocurrencies in more than 195 countries around the world.
During the presentation were present: Armando Almeida, CEO of LatAm & MilCoin Network, Eli Siliceo, CEO of LatAm Save The World, Ltd., Cesar Hank Inzunza, Co-Founder of LatAm & MilCoin Network and Steven Schwartz, General Counsel of LatAm Design and Marketing Strategies and Director of Operations of Global Financing & Services, Ltd.
MilCoin, a 1st and 2nd generation cryptocurrency, a financial instrument with solutions offered by LatAm & MilCoin Network, is like an integrated investment block and the shares of the seven (7) companies listed on the US Stock Market. United, to finance the business model of cyclical real estate without debt.
The MilCoin ICO cryptocurrency finances the acquisition of more than 150 hotels and 5,000,000 hectares of land with more than 1,000 kilometers of beaches and water fronts, in 12 states of the Mexican Republic, as well as some countries in Latin America.
To facilitate the business plan in the short and long term, MilCoin Network will develop new tourist complexes, such as holiday apartment buildings, luxury homes and villas, close to the tourist complexes that MilCoin Network already operates , available both for rent and for for sale, in addition to other real estate projects (commercial, office and service), near the resorts and along the roads that lead to these resorts.
With these measures, the Mexican tourism industry will be the biggest winner.
To increase the long-term value of MilCoin , both for the bearers of this cryptocurrency and for the shareholders, MilCoin Network will focus on carrying out agreements with companies for the acceptance of MilCoin ICO, in the acquisition of products and services ; therefore, we are already working with convenience store chains and other types of business so that MilCoin is an exchange currency for its products and services.
The ICO phase will ensure the financing required for the acquisition of the real estate portfolio, focused on a “debt free” strategy, since it will obtain additional capital to finance said real estate projects, in addition to the acquisition of strategic companies that will improve the MilCoin Network business , due to the fact that in the acquisition of products and services, the MilCoin ICO cryptocurrency will be accepted as the exchange rate.
Even MilCoin will have FOUNDERS VIP CLUB, which will reward investors with the opportunity to stay at LatAm hotels located in destinations such as Saint Petersburg, Russia, Belize, Bahamas and Colombia, among other countries; in addition to 32 villas and 2 apartments in Casa del Arbol in the Desierto de los Leones, CDMX; Playa del Carmen and Sac Be, Quintana Roo and Attractive destinations in Riviera Nayarit.