The Leasehold Project
Introduction
Cryptocurrency has had its ups and downs over the years. The debate over whether cryptocurrency is a medium of exchange for goods and services or an investment over a period of time continues to date. Experts have advised that it can both be medium of exchange or investment depending on the decision of the crypto holder. However, in terms of investment, cryptocurrency can make an investor reap profits that will last for a lifetime or rekt them in the worst ways possible. The boom of Initial Coin Offerings (ICOs) and the rise of Bitcoin in 2017 paved the way for massive investments in crypto. Several investors made profitable gains from it. Those who missed out invested huge sums in newer ICOs that came up the year after. The hope that most of these investments would mature and yield mega-profits by 2020 were dashed as over 70% of the projects that did ICOs in 2018 ended up as scams or unsustainable down the line. Unfortunately, many investors are still skeptical of engaging in further investments in cryptocurrency assets after that disappointment of 2018 which left many of them bankrupt or indebted. Regardless of this, some investors still believe in crypto and some of them have continued to invest in different crypto assets which have produced reasonable returns. These investors have an eye for observing projects that will do well over time. So, they invest in these projects. One of such projects is Leasehold.
About Leasehold
Leasehold is a project that plans to be the number one leader in the short-term property rental market. In this market, holders of Leasehold’s LSH tokens get to earn profits from the property income generated. The LSH tokens are created to be deflationary, meaning they tend to increase in value consistently over a period of time. One interesting thing about Leasehold is that anyone can be a profit earner from the short-term rental and property income from holding as little as even 1 LSH token.
Leasehold’s Profitability Plan
Leasehold utilizes several booking platforms like booking.com, Airbnb as well as Homeaway to provide short-term rental apartments by integrating them into their system using their cutting-edge technology. They earn income from the properties rented out on these platforms. To further create unique value for their LSH token, plans are in place to initiate a buyback process for the tokens upon listing on a cryptocurrency exchange. Income from the property rentals will be used to buyback leasehold tokens. This, along with its deflationary form which would create scarcity for the tokens, will no doubt increase the price of LSH in the crypto markets.
Leasehold Initial Token Offering (ITO)
Leasehold plans to hold an initial token offering where investors can buy the LSH tokens before its listing on a crypto exchange. The ITO began this April and will last until May 2020. There will be 5 phases of distribution for LSH tokens spread across the year 2020. Each LSH token is valued at 67 cents during the ITO and investors might even get more tokens when they buy if the target funding amount is not achieved. You can sign up here to gain access to buy LSH with BTC, ETH or LSK.
Conclusion
Many crypto projects have flattered to deceive in the past; the majority of them concluding successful token sales while their projects keep getting postponed and diverting from their roadmaps, and eventually failing to fulfill promises made to their investors. Leasehold is taking a new direction by creating value for their tokens and still operating a viable business in short-term rentals, the income of which would be used to buy back their tokens in the exchange. Take a step forward today and invest in Leasehold.
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Author - Coltpython
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