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Finding Genius Podcast

Deedcoin - The Cryptocurrency that simplifies real estate

Finding Genius Podcast

Richard Jacobs

Medicine, Health & Fitness

4.41K Ratings

🗓️ 9 August 2018

⏱️ 38 minutes

🧾️ Download transcript

Summary

Matt Herrick - Co-founder at Deedcoin joins host Juliet Lemar on Future Tech Podcast.


Deedcoin brings blockchain to the real estate sector in a way in which everyone can benefit. By providing an option for agents and customers to be on the same network, Deedcoin streamlines the real estate industry and reduces costs. Deedcoin is the first token to apply to the entire real estate industry, not just investment real estate portfolios or a specific product for agents. Deedcoin is not just useful for property investors, it is for anyone that owns or plans to own a home. 


The Deedcoin token uses blockchain to create a true free market system to redefine the real estate industry. Through the creation of the DEED token, which replaces commission at a ratio of 10 DEED to 1% of a properties price. Simply think of Deedcoin in tens, each ten Deedcoin are used for 1% of a property total cost, regardless of the property price, because DEED functions as a percentage. Deedcoin removes the centralized control of the real estate industry from large powers such as the National Association of Realtors (NAR) and mega-brokerages along with their antiquated 6% commissions. Initially sold at $1.50 per Deedcoin at the ICO (Initial Coin Offering), each token saves a holder $225 on the average U.S. home ($225,000). Each Deedcoin can save exponentially more on higher value properties. 


The real value of Deedcoin is the ability to save users 80% or more on real estate commission when they buy or sell property. Unlike the vast majority of ICOs, Deedcoin is already a useable platform. The Deedcoin network is now partnered with brokerages in over 163 cities across all 50 U.S. states. This network makes Deedcoin useable to reduce commissions on a national level before wide scale public token distribution has even begun.

Transcript

Click on a timestamp to play from that location

0:00.0

This Podcast is brought to you by Monarch, the ultimate payment solution for both businesses and consumers.

0:07.4

The Monarch wallet is the first wallet that can send recurring blockchain payments for your monthly bills and convert crypto into Fiat.

0:16.6

Learn more at monarch token.io.

0:20.8

Welcome to almost here, around the corner of Future Technology Podcasts with Richard Jacobs.

0:26.0

Future Technologies poised to transform our lives for better or worse or the focus of this podcast.

0:32.0

Almost Here means these technologies are now

0:35.0

here and starting to be used or just around the corner, from Bitcoin to

0:39.6

Artificial Intelligence, 3D printing, blockchain, Virtual Reality, and more.

0:45.6

This podcast is brought to you by Monarch, the ultimate payment solution for both businesses

0:51.4

and consumers.

0:52.6

The Monarch Wallet is the first wallet that can send recurring blockchain payments

0:56.9

for your monthly bills and convert crypto into Fiat.

1:01.4

Learn more at monarch token. I.

1:04.0

Hello everyone and welcome to future tech

1:07.4

podcast. I'm your host Juliet Lamar and joining us today is

1:11.6

Matthew Herrick.

1:13.0

He is the co-founder at Deid Coin.

1:16.2

Welcome Matthew.

1:17.2

Thank you for having me.

1:19.7

Happy to be here.

1:21.0

Absolutely.

1:21.7

We're very excited about Deid Coin and want to share it with all of our listeners.

...

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