The Deedcoin token uses blockchain to revolutionize and reboot the U.S. real estate industry. Through the creation of the DEED token, which replaces commission at a ratio of 10 DEED to 1% of a property's price. Simply think of Deedcoin in tens: Each ten DEED are used for 1% of a property's total cost, regardless of the price, because DEED functions as a percentage. Deedcoin removes the centralized control of the real estate industry from large powers such as the NAR and mega-brokerages along with their antiquated 6% commissions. Initially sold at $1.50 per Deedcoin at the ICO, each token saves a holder $225 on the average U.S. home ($225,000). Additionally, Deedcoin can save exponentially more on higher value properties. You can buy it, own it, transfer it, as well as also directly use it.
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 usable platform (on https://deedcoinhq.com), is SEC compliant and has patent pending status (U.S. App No. 62/552,038). The Deedcoin network is now live and partnered with brokerages across all 50 U.S. states. This network makes Deedcoin usable to reduce commissions on a national level before wide scale public token distribution has even begun.