BROOKLYN, N.Y., Nov. 18, 2022 /PRNewswire/ — At the moment it was introduced that Vernon J., CEO of Fairness Platforms, Inc., and Akil Ash, CTO of Fairness Platforms, Inc., had been featured on PBS’s newest NOVA Documentary titled ‘Crypto Decoded’ for his or her creation of EquityCoin®, the primary digital token backed by inexpensive housing.
Within the movie, consultants transcend the hype and skepticism to unravel the social and technological underpinnings of blockchain – exploring the way it got here to be and why this new know-how might change extra than simply cash.
“It was undoubtedly a surreal second to see EquityCoin alongside a number of the world’s most prolific blockchain initiatives within the ‘Crypto Decoded’ documentary,” stated Vernon. “I am a agency believer that blockchain is a revolutionary know-how disguised as a on line casino, and people main the business ought to be laser centered on fixing a few of society’s most difficult crises, not putting bets on the most well liked meme coin.”
In accordance with the Nationwide Low Revenue Housing Affiliation, over 500,000 Individuals face housing insecurity on a single evening, and with a scarcity of over 7 million inexpensive housing models, the housing disaster has reached epidemic proportions. Actual property is among the most important wealth-building property accessible; nonetheless, marginalized communities have been constantly disregarded.
EquityCoin’s aim is to tackle the duties of each introducing income-producing alternatives to those that traditionally have been disregarded, and on the identical time, present high quality housing for individuals who want it most. In accordance with EquityCoin’s web site, the staff plans to usher within the new Sharing Fairness Economic system™ by creating the infrastructure wanted for actual property fairness sharing, the place neighborhood members can participate in fractional possession whereas uplifting their very own neighborhoods by way of inexpensive housing.
“Groundbreaking tech is often far faraway from socioeconomic points reminiscent of homelessness, which is why EquityCoin is deliberately altering that dynamic by way of our growth of community-first blockchain-powered platforms,” added Akil.
To speed up progress, the corporate is white-labeling their proprietary system and sensible contract, providing a streamlined method for actual property neighborhood builders to boost capital and tokenize their fairness with a platform dubbed EquityShare™. The startup’s aim is to facilitate $1B value of tokenized actual property fairness sharing for communities of coloration by 2030.
To observe the NOVA PBS episode that includes EquityCoin go to:https://www.pbs.org/wgbh/nova/video/crypto-decoded
For extra details about EquityCoin’s mission, go to https://EquityCoin.org.
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SOURCE Fairness Platforms, Inc.
