A series of public sales of YieldCoin will start in late 2017, with the proceeds being used to create a diversified property portfolio. YieldCoin holders will benefit from potential capital growth and regular income from the underlying portfolio.
iYield’s mission is to make property more liquid through its end-to-end transacting platform, offering whole-of-market search, funding and sales solutions for home buyers, investors, owners and developers. YieldCoin will act as a gateway to cryptocurrency for the wider public, whilst enabling holders of BTC and ETH to diversify into bricks and mortar.
iYield’s management team have a strong record in managing venture capital funds and growing technology companies. YieldCoin will be promoted and managed as a “security token”, fully-compliant with regulatory requirements unlike the vast majority of coins and tokens that have been launched since 2016.
Details of the first sales of YieldCoin will be released in December 2017.