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f there is one thing that Millennials are well-known for, it is their creativity and intuitive knowledge of technology. This generation born between 1981 and 1996 - currently the largest population in the United States - might indeed have a lot of baggage attached to their reputation. However, we all can agree that they have earnestly sought to improve the quality of life and make it more enjoyable.
VERNON J.
The Millennial Who Created EquityCoin: The First Digital Token on the Blockchain Backed by Affordable Housing
Vernon J is undoubtedly one of their finest examples. Though he is a private person whose personal information is hardly public, a recent interview by Black Enterprise showcased this young man’s passion for building generational wealth among people of color and aiding the rebuilding of marginalized communities. Thus, he’s the founder of Equity coin, a system he created to make it easier for more people to own real estate properties in the United States and reduce the rate of homelessness. This digital token, the equity coin, allows people to purchase and retain their rights over real estate properties. Perhaps being to the housing sector what Sakamoto Natoshi was to Finance, Vernon J created the equity coin with the mission and vision to democratize real estate investment. It is the first of its kind: the first Digital Token on Blockchain supported by low-cost and reasonably priced housing. As such, new alternatives that were previously inaccessible to most Americans have become available - through the fractionalization and tokenization of the digital asset.
THE IMPORTANCE OF THE EQUITYCOIN TO THE UNITED STATES OF AMERICA The United States of America has lost over 7 million low-cost apartments, resulting from inflation - an economic fallout of the COVID-19 pandemic. The creation of this digital token, EquityCoin by Vernon J, is believed to be one solution to the fallback in the housing market. It would serve a role in helping the Black and Brown communities to transform the real estate transaction while building generational wealth. Vernon J believes that EquityCoin will revitalize
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THE POWER IS NOW MAGAZINE | MAY 2021
