Wealth Migrate launches pretoken sale to ‘democratise investing’

South African based global real estate platform Wealth Migrate today launched a token presale for its WealthE coin, as part of its initial coin offering (ICO).

Wealth Migrate made the announcement in a press release today. The company plans to launch its public crowdsale (ICO) on 1 February 2018, to raise $30-million in an offering that will allow investors to invest in global property portfolios.

Read more: SA’s Wealth Migrate to launch $30m ICO aimed at global property

Wealth Migrate claims the ICO will help democratise access to wealth through international commercial and residential real estate ownership — with the presale launch taking place on the same day in 1791 when the US Bill of Rights was signed into law.

‘Through the Wealth Migrate platform and the WealthE Coin, people worldwide can transact real estate investments in a secure and compliant manner’

“Through the Wealth Migrate platform and the WealthE Coin, people worldwide can transact real estate investments in a secure and compliant manner,” said Scott Picken, founder and CEO of Wealth Migrate, in the press release.

Picken said up to this point global real-estate investing has only been accessible to high net worth individuals and institutions.

“We’re committed to widening access to investment and portfolio diversification opportunities to everyday investors who wish to access this lucrative market, and to bridging the current inequitous wealth gap,” he added.

“The launch date of the 15th is very symbolic for us,” said Scott Picken. “It was on that date in 1791 that the Bill of Rights was voted into the American Constitution, and that date is seen as the catalyst which provided democracy to people in 122 countries around the world. We are launching the WealthE  Coin on the same  day as it is time for economic freedom for people globally!”

Featured image: stevepb via Pixabay