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Leasehold https://leasehold.io/ https://leasehold.io/ is an alternative which uses a deflationary blockchain cryptocurrency to distribute profits to token holde
by applepple 6y ago
Leasehold https://leasehold.io/ https://leasehold.io/ is an alternative which uses a deflationary blockchain cryptocurrency to distribute profits to token holders.
It distributes profits via a token buyback (and burn) mechanism which maximizes the reward for long-term token holders. When the buyback comes at the end of each month, you can sell tokens back to Leasehold Holdings on one of the exchanges and cash out or you can hold your tokens and instead benefit from capital appreciation of those tokens. Capital appreciation is guaranteed (in the long run) since each buyback reduces the remaining total circulating supply of tokens (in a cryptographically verifiable way).
Also, Leasehold plans to become a multi-company blockchain project to benefit from network effects.
Our community also runs a decentralized exchange so that anyone can trade the Leasehold token against a mainstream cryptocurrency (Lisk) https://ldex.trading/ https://ldex.trading/ - The DEX code is fully open source so anyone can launch their own decentralized market to trade the Leasehold token against any other compatible token.
- joosters 6y agoA very good reason to avoid this company like the plague!
- _0o6v 6y agoThe term "leasehold" has very negative connotations in the UK, just so you know. https://www.thisismoney.co.uk/money/mortgageshome/article-8540685/Government-advisers-propose-radical-leasehold-reform-potentially-helping-thousands-families.html https://www.thisismoney.co.uk/money/mortgageshome/article-85... https://www.bbc.co.uk/news/business-54023631 https://www.bbc.co.uk/news/business-54023631 https://www.which.co.uk/news/2019/06/leasehold-scandal-one-year-on-has-anything-really-changed/ https://www.which.co.uk/news/2019/06/leasehold-scandal-one-y...
- applepple 6y agoWe're going to try to work to change that. In the long term, our approach should help democratize property ownership. It should also create fundraising opportunities for new projects; either using LSH token as the shared currency or using a 'sidechain' (this can help to facilitate some degree of inter-generational wealth transfer).
- Uberphallus 6y agoThat sounds like bitcoin "hodling" effect, but squared in a cryptographically verifiable way.
- applepple 6y agoThat's the idea. HODLing is the new saving. A way to reward savers over consumers. The complete transparency aspect of blockchain helps a lot with that.
- deleted 6y ago[deleted]
- Uberphallus 6y agoSo the idea is for it is to be a bad thing? Transparently, though!