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Is Real Estate the new Gold WealthE(TM) Coin – a cryptocurrency based on real estate

People are talking about it. Price is going up. It MUST  have value…

3 weeks ago I realised the world had changed. My Aunt (who is a very special part of my life) and who barely can use a SMART phone, asked how to buy Bitcoin. I knew we were now through the early adopter phase and probably into the next boom bust phase. They always say in real estate, ‘When your hairdresser is talking about buying investment property it is time to sell!’

Don’t get me wrong, crypto currencies are here to stay, but just because you can write a ‘white paper’ does not mean that you can create value.

Being an entrepreneur for more than 15 years I have learned one thing in life. You are only worth the ‘value’ you create!

Let’s take a few steps back. In 2008 Satoshi Nakamoto invented Bitcoin and more importantly in the process invented Blockchain. 2 years I got laughed at by my corporate mates when I told them how blockchain is going to change the world and yet 2 years later many people (including me) think that Blockchain is going to have a bigger impact on the planet than the internet itself.

Saying this, since we at Wealth Migrate understood blockchain, we have been aggressively building the solution. We knew it held the answer to our question of solving our vision of making real estate investment as simple as a swipe of the finger from $1. It can remove all the friction of not only local investments but also international investment.s

Long before we had ever heard the word ICO we embarked on the development of your Trusted Global Real Estate Marketplace. In October 2016 we launched the first global platform in real estate which was built on the blockchain. The intention was to build critical mass and then overlay it with a cryptocurrency based on real estate.

Our logic was I have a Master Degree in Technology (Cum Laude) (Greenwich, London) and I battle to understand the value of Bitcoin. How is my mother, who is a teacher, and my brother, who is a doctor, ever supposed to understand it?

However, every single person on the planet – all 7 billion, no matter how poor or unbanked, understand the value of land and real estate. Equally, it has intrinsic value which can be measured in every local market and is real, tangible and understood. Better than gold, which just sits in a vault and you ‘hope and pray’ it retains value and/or increases, real estate actually earns you an income while over the long term increases in value.

There is a reason that there are sayings like, “He who owns the land is King.”

We decided to reverse engineer the problem. Crypto’s are here to stay, however they are very volatile and the majority don’t understand them. Therefore why not create a crypto which is based on real estate. It is asset backed by real estate, has an intrinsic value and most importantly is understood by the entire global population.

On the 30th of August 2017, we unveiled to the world the solution. WealthE (TM) Coin a crypto which is asset backed by real estate.

From our last count, there are 10 ICO’s which ar