Vernon J. The Millennial Who Created

If 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 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.

VERNON J.

The Millennial Who Created EquityCoin: The First Digital Token on the Blockchain Backed by Affordable Housing

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

urban areas in the United States, as it blends the possibilities in blockchain technology with affordable housing.

EQUITYCOIN CREATING AFFORDABLE PRICED HOUSING THROUGH BLOCKCHAIN TECHNOLOGY

For fifteen years, Vernon J has been in the real estate industry - a family thing. He successfully launched EquityCoin (EQTY) in January 2021 with a transaction worth over $50 million. His inspiration? The challenges people faced due to inequities in the real estate industry. In his words, seeing a single mother weep tears of joy at being granted an apartment key changed everything.

HOW DOES EQUITYCOIN TOKEN WORK?

The EquityCoin Token was launched in hopes of blending and revitalizing urban areas around the countries. It held an intention of creating a more comfortable, livable, sustainable, and healthy society. In addition to the fulfillment of its purposes, the asset has greatly added civility to wealth-creation and improved finances.

On the subject of building wealth, accumulating property has been one of the most promising means to doing so. However, it requires long-term investment and to some extent, locks down money. Thus, the digital token, EquityCoin was created to solve this downside. Due to its tokenization on Blockchain, the customer gets access to immediate liquidity, which acts as a groundbreaking shift within the conversion of properties to cash. Holders of EquityCoin have instant liquidity, coupled with the ability to retain all legal rights and protection that comes with traditional ownership of the real estate.

The Director of the Community Management and Leader in Energy and Environment of Equitycoin, Inc’s Beatriz Durant, spoke on the essential program that is yet to be launched. A promise is that it would lead the way to a better accessible future - one in which everyone can partake.

In alignment with the vision on the website, EQTY token would be doing a lot to:

• Enable legalized recognition ownership of properties. • Grant the asset holder the right to property cash flow. • Gain unrestricted access to fractions of the income-producing estate in the cities that they live in.

Vernon J and his company plan to organize resources and programming in four additional targeted metros: North Miami, Newark, South Los Angeles, Oakland, California, and New Jersey.

References

https://equitycoin.org/ https://www.blackenterprise.com/this-millennial-created-thefirst-digital-token-on-the-blockchain-backed-by-affordablehousing/