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by applepple 2034 days ago
Leasehold https://leasehold.io/ is an alternative which uses a deflationary blockchain cryptocurrency to distribute profits to token holders.

It distributes profits via a token buyback (and burn) mechanism which maximizes the reward for long-term token holders. When the buyback comes at the end of each month, you can sell tokens back to Leasehold Holdings on one of the exchanges and cash out or you can hold your tokens and instead benefit from capital appreciation of those tokens. Capital appreciation is guaranteed (in the long run) since each buyback reduces the remaining total circulating supply of tokens (in a cryptographically verifiable way).

Also, Leasehold plans to become a multi-company blockchain project to benefit from network effects.

Our community also runs a decentralized exchange so that anyone can trade the Leasehold token against a mainstream cryptocurrency (Lisk) https://ldex.trading/ - The DEX code is fully open source so anyone can launch their own decentralized market to trade the Leasehold token against any other compatible token.
3 comments
_0o6v 2034 days ago
The term "leasehold" has very negative connotations in the UK, just so you know.

https://www.thisismoney.co.uk/money/mortgageshome/article-85...

https://www.bbc.co.uk/news/business-54023631

https://www.which.co.uk/news/2019/06/leasehold-scandal-one-y...

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applepple 2034 days ago
We're going to try to work to change that. In the long term, our approach should help democratize property ownership. It should also create fundraising opportunities for new projects; either using LSH token as the shared currency or using a 'sidechain' (this can help to facilitate some degree of inter-generational wealth transfer).
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joosters 2034 days ago
A very good reason to avoid this company like the plague!
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Uberphallus 2034 days ago
That sounds like bitcoin "hodling" effect, but squared in a cryptographically verifiable way.
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applepple 2034 days ago
That's the idea. HODLing is the new saving. A way to reward savers over consumers. The complete transparency aspect of blockchain helps a lot with that.
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Uberphallus 2032 days ago
So the idea is for it is to be a bad thing? Transparently, though!
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