Contracoin

Contracoin

CTCN
$0.022453505%0.03

Key Metrics

Price$0.022453505
Real Volume (24H)$138.94
Marketcap$1,145,668.34
Fully Diluted ValuationN/A
ATH$2.57
ATH Date4/17/2020, 4:12:33 PM
ATL$0.00481885
ATL Date1/22/2022, 2:48:35 PM
Circulating SupplyN/A
Total Supply100M
WebsiteN/A
WhitepaperN/A
Popularity Rank2276
Chart
What is Contracoin?

Contracoin (CTCN) is a blockchain-based platform that aims to facilitate international real estate transactions by providing a global real estate marketplace. Contracoin's vision is to make property ownership readily available to the masses worldwide by offering technological solutions that streamline the transaction process.

According to the official website, Contracoin is a global real estate platform that enables real estate agents, property developers, and brokers to get exposure to the international real estate market. The project also seeks to allow buyers to purchase properties with cryptocurrencies and intends to make it possible to pay for such properties through its native cryptocurrency.

Overseas transactions can be challenging due to a lack of direct access to foreign banks suitable for the transaction, government restrictions on such transactions, and high transaction costs. Contracoin aims to eliminate these challenges by providing users with fast, secure, and cost-effective transactions through its technological solutions.

Contracoin's parent company, Contracard, established a virtual barter network that supports the project. The platform intends to develop a global real estate marketplace and create a marketplace where users can use the Contracoin token, an ERC20-compatible token, to purchase real estate internationally. Ethereum smart contracts are used to eliminate manual errors, ensure security and transparency, and provide users with a seamless transaction experience.

Contracoin cryptocurrency is the native token of the platform and is a utility token used for purchasing properties worldwide. Along with CTCN, the project also developed a stablecoin named AUDC, which is pegged to the Australian dollar. AUDC is used to make payments and deposits for Australian properties and to avoid volatility in cryptocurrencies in global exchanges.

The Contracoin project was initiated in 2019, and the CTCN token was developed and marketed in the fourth quarter of 2020. The team behind the project includes Barry Lipscombe (CEO), Bruce Francis (chairman), Angus McClure (director), Henson Liang, and Robert Li (partner and advisor). The maximum supply of CTCN is 100,000,000.

In conclusion, Contracoin aims to provide a platform that can streamline international real estate transactions and provide fast, secure, and cost-effective transactions. The platform's integration of blockchain technology ensures transparency and eliminates manual errors. By using Contracoin tokens, users can purchase properties worldwide, and by using AUDC, they can avoid the volatility of cryptocurrencies in global exchanges. The team behind Contracoin has extensive experience in the industry, and the project's success in the future may depend on its ability to execute its vision and provide value to its users.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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