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 a 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 their Pre-Sale, the last chance to purchase PEX-Tokens at a discount.
— Prime-Ex Perpetual (@PEXTokens) September 5, 2017
“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 either pay their mortgages or become Token-Holders themselves, and a guaranteed buy-back of the property at two-thirds of the original price – these are the distinct features of the Prime-Ex real estate operation.
Prime-Ex Perpetual improves the financing experience of the home buyer. They form a cohesive real estate process from beginning to end. They streamline the bureaucracy involved with residential lending. Owners pay a 25% down payment after performing minimal verifications and get a straightforward 30 year fixed rate mortgage and receive discounted terms for paying their 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 or for more Prime-Ex Perpetual info download the white paper www.prime-ex.com. www.