Indiegogo Hosts Token Sale For Colorado-based Luxury Hotel

  • Alex Dovbnya
    📰 News

    The San-Francisco based crowdfunding giant Indiegogo is further embracing crypto by offering its customers real estate shares in the form of digital currencies


Indiegogo Hosts Token Sale For Colorado-based Luxury Hotel

Indiegogo, a San-Francisco based crowdfunding giant, is further embracing crypto by offering its customers real estate shares in the form of digital currencies. The St. Regis Aspen hotel (Colorado) reportedly aims to raise as many as $12 mln in tokens by conducting this token sale.

The shares are issued by a SEC-approved real estate trust Aspen Digital. Starting from Aug. 24, investors can purchase Aspen Coins with USD, BTC or ETH. Selling asset-backed currencies becomes an increasingly popular trend for companies because they deemed as more secure and transparent by investors than ordinary ICOs.

Back in December, Indiegogo has already launched its own ICO.  
 

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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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