UNDERSTANDING NateEstate (NEST)

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One of Steems very own picokernel@picokernel (NATE) Is making history right before our eyes ladies and gentleman.
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Nate said "So basically, I am buying a house with my own funds and some of these pre ico funds
and when I buy put a down payment on the house and officially own it, I will release the ICO and give everyone who already paid there tokens
so with these tokens, you own a share of the house"

"and when I sell the house, you will be entitled to a portion of whatever I sell it for
so if I buy the house at $175,000
I will issue 175,000 nest tokens
and if I sell the house at $180,000, I will buy back all the tokens for that new price
and also being a shareholder has perks because you can vote on certain things
like if we want to install a pool because we think that'll improve the value"

UNDERSTANDING NateEstate (NEST) | Ecency