All cryptocurrency investors have varied investments from Stablecoins to Altcoins and even to shitcoins. I have been new to this world and started buying coins/tokens based on popularity (biggest mistake I did). From tweets of stalwarts and top influencers, I got carried away and did my share of mistakes. Then I learned about Technical Analysis and did my own research by reading Whitepapers and understanding the purpose coin/token really solves and the Tokenomics behind it.
Then I also understood various other concepts like ICO, IDO and IEO. I have been checking out which coins will be listed in an Indian Crypto Exchange and though IEO route as I feel it's safer and better. BitBNS offered IEO for a coin/toke called FOHO Coin. I got interested and started reading about it.
The simple way to understand is that FOHO Coin will be used to own fractional part of a property. The best part is the Founders who have long experience in real estate and even one of the founders is owner of Tripvillas. I got even more interested. Then I read their Whitepaper and their projects in real estate and how they will allow sellers to register their properties and sell fractions of their properties to a wide set of investors. This $FOHO Token clearly solves a real world problem of owning a part/fraction of real estate property and also reducing costs. If I want to invest in 5-10 real estate properties, it's better to use FOHO Coin as I can diversify my portfolio, reduce diligence costs and reduce risks and I can invest in any property in the world. Moreover Travel & Tourism industry will boom after the coronavirus situation is better. So one can invest in FOHO Coin now and then buy fractional properties in Maldives or Mauritius or Shimla or Koh Samui or Hawaii or Goa or Sri Lanka in the FOHO Ecosystem and reap benefits through these investments.
Given my understanding as above, I took part in IEO and bought my fair share of $FOHO Coins through BitBNS and it will be allocated on 10th August and will list on BitBNS on 15th August (Independence Day). The company is legit and the founders are legit which is a big advantage. I see people are investing in any coin or token via swapping dapps or though token websites which is not safe and most of them are not even legit and don't have Founders showing their face. Anyway, I am very happy with my investment in FOHO Coin and would buy more in this month from BitBNS and hope that it gets listed on many other exchanges and has highest market capitalization in time to come as real estate market is huge !
Written By : Shaurya Srivastava
#FOHOARMY
#LetsFOHO #FOHOCoin
P.S. : FOHO Holdings Inc. is a Canadian federally registered company based on blockchain and owned 50:50 by Tripvillas Group and Tangentia Ventures with its headquarters in Toronto, Canada
Website : https://fohocoin.com/
WhitePaper : https://fohocoin.com/wp-content/uploads/2021/07/FOHO-Coin-Whitepaper_V6.2.pdf
