FOHO Coin is designed for the fractional real estate sharing economy.
INDIA, June 15, 2021 /EINPresswire.com/ – A revolutionary cryptocurrency that converges the worlds of technology, cryptocurrency and real estate is here. FOHO Holdings Inc., a Canada-based company promoted by Tangentia and the Tripvillas Group, announces the launch of FOHO Coin as the new revolution in the fractional crypto-real estate space. They are all set to innovate, disrupt and transform the game. The FOHO Coin IEO is scheduled to launch on July 27, 2021 on Ascent, by Bitbns.
FOHO Coin is the foundation of the FOHO sharing economy. It is, as the founders describe it, the lifeblood of the FOHO ecosystem. The ecosystem is based on fractional sharing of real estate rentals and experiences with fractional ownership of upcoming residential and commercial real estate. The 3 pillars of the FOHO ecosystem include FOHO Haus which is a blockchain-based residential fractional real estate market, FOHO Work which is a blockchain-based commercial fractional real estate market and FOHO Club which enables tour operators, community leaders, corporations property management team to bring together a group of individuals to share assets that they lease or lease collectively and create a governance model and rules of use specific to the Club. These could be vacation home rentals from FOHO Haus or commercial properties from FOHO Work or properties or experiences outside of the FOHO ecosystem. The FOHO Haus and FOHO Work markets will allow traditional real estate agents, lenders as well as a few new market participants, such as sponsors, to work together to enable fractional real estate participants to trade with confidence on a platform of trust. FOHO Club would be the first to be launched, followed by FOHO Haus and FOHO Work, in the future.
FOHO aims to build a transparent and trust-building blockchain-based system. The FOHO platform uses the wisdom of crowds to uncover deals, while holding sellers, sponsors, organizers, realtors, lenders, and other market players accountable. FOHO enables the fractional real estate ecosystem of the future and the FOHO Coin is the first step in entering this shared economy.
Tangentia is one of the world’s leading providers of digital transformation solutions headquartered in Toronto, Canada. Tangentia has helped hundreds of companies, including 13 Fortune 500 companies, simplify their operations and make an impact using cutting-edge technologies, including artificial intelligence, robotic process automation, and blockchain. Tangentia has been on the Profit 500 list of the fastest growing companies in Canada for 6 consecutive years and Tangentia America, the US branch of the company, has been listed on the INC 5000.
Tripvillas Group is one of Asia’s largest vacation home rental companies, headquartered in Singapore. Over the years, the group has supplemented its core business with other branches to serve the vacation home industry in Asia. These include software company, vacation community management business, property management service, vacation community brand development, etc.
Considering their vast experience of over 20 years as well as their well demonstrated potential, Tangentia and Tripvillas are well equipped to launch and develop FOHO Coin.
(Private placement registrations are open on fohocoin.com)