PANAMA CITY – 11-01-2017 (Press Release Jet) —
Prime-Ex Perpetual is the first residential real estate project to tokenize its own real estate ecosystem, fundamentally transforming how homes are developed, sold and financed by using cryptocurrency as payment platform and bringing real estate profits to the digital world. Prime-Ex Perpetual is currently raising a “blockchain REIT” via sales of PEX-Tokens and is offering housing solutions for global trendsetters and other expats in Panama. The company will deliver profits to PEX-Token holders annually and a hassle-free buyback guarantee from homeowners at two-thirds of the original price after two years of service. Prime-Ex sets November 1st – 8th, 2017 as the launch of Pre-Sale, the last chance to purchase PEX-Tokens at a discount.
“We believe the model where our buyers participate in the success of Prime-Ex Perpetual will serve to create an ecosystem where everybody wins,” said John Gilbert, CEO & Co-Founder of Prime-Ex Perpetual. “Prime-Ex wins, our token holders win, and our home buyers who buy and use PEX-Tokens win the most. They purchase a quality home more affordable than their peers, at terms more favorable than their peers, inside of a system that pays dividends perpetually.”
Prime-Ex Perpetual believes the traditional home building/financing model to be inherently inefficient. Prime–Ex transforms the real estate business using blockchain technology and innovative business models. This fundamental difference lies in a revolutionary paradigm shift Prime-Ex Perpetual employs to change the way that the business of real estate is approached.No credit scores, asset verification rather than income verification, a PEX-Token that buyers can use to pay mortgages or become Token-Holders, and a guaranteed property buy-back at two-thirds of its original price – these are the distinct features of the Prime-Ex real estate operation.
Prime-Ex Perpetual improves the financing experience of the homebuyer. It forms a cohesive real estate process from beginning to end, streamlining the bureaucracy involved with residential lending.Owners pay a 25% down payment after minimal verification, get a straightforward 30-year fixed rate mortgage, and receive discounted terms for paying mortgage in PEX-Tokens.
Prime-Ex pays real estate profits to home buyers via annual dividend distributions. Token holders receive 80% of Prime-Ex Perpetual’s yearly net profits perpetually.
About Prime-Ex Perpetual
The Prime-Ex Perpetual 125 home proof of concept development will occur in the cool highlands and the warm beaches of the Republic of Panama, the top expat destination for home ownership and a place where financing homes used to be challenging for expats. Once the concept has been proven, Prime-Ex Perpetual will expand into other international locations.
To buy Prime-Ex Perpetual’s PEX-Tokens, please visit prime-ex.com.For more information on Prime-Ex Perpetual, download the white paper at www.prime-ex.com or visit www.facebook.com/PEXTokens . Follow us on Twitter: @PEXTokens
Contact: Max Smetannikov, Nona Perez, +1 646 205 7030, [email protected]
For the original news story, please visit https://pressreleasejet.com/news/prime-ex-perpetual-disrupts-residential-real-estate-industry-with-new-asset-class.html.
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