Alright guys, how could this work? Stocks represent ownership in a company. How can a token do that without being regulated like a stock?
Also what platform you think theyre gonna use to launch this smart contract? Im thinking they will use either Ethereum or Cardano
I was thinking maybe they would use Jibrel Network to tokenize the assets but theyre talking about smart contracts.
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They gonna use their own token
666 5th ave
trump/kushner
have at it
Lol and normies laugh when I told them stocks, property. everything will be tokenized in 10 years
Vornado Realty Trust
>Here you go you stupid faggots HOTEL COIN. It entitles you to absolutely nothing but maybe someone will buy it off you in future for more than you paid for it? That's the kind of shit you like right? Thanks for the cash dickheads
Maybe something like that user idk
"On 12 February 2018, Vornado Realty Trust, which owns 49.5 percent of the tower, said it doesn’t plan to keep its stake in the building for long."
The company also owns:
100% of Oakdale Mall in Johnson City, New York
70% of 555 California Street (30% is owned by affiliates of Donald Trump)
100% of Merchandise Mart
32.4% of Alexander's
32.5% of Toys "R" Us[1]
~43–47% of 666 Fifth Avenue (~53–57% owned by Kushner Companies)[2]
of what benefit is this token to an investor? its as if they are trying to re invent the wheel and throw in a token but its just the same old shit
Kushner Companies LLC is an American real estate developer and lender in the New York City metropolitan area.[1] The company's biggest presence is in the New Jersey residential market. It also owns the Puck Building in New York City. Its founder, Charles Kushner, was convicted of tax evasion and witness tampering in 2005, and served time in federal prison. As a result, he handed over the management of the company to his son Jared Kushner.[2]
A study published in December 2017 by Bloomberg News indicated that Kushner Companies owns a stake in over 60 buildings in New York City.