Developed by Indiegogo, Aspen Coin is a new security token that will allow investors to own a tokenized share in the St. Regis Aspen Resort in Colorado. While Indiegogo will not be selling the coins directly, it will direct investors to places where the crypto can be purchased. Functioning essentially as a form of crowdsourcing, buyers of the coins will own a piece of the resort and will be able to trade Aspen Coin through Templum SEC-registered Alternative Trading System.
The decision to offer this new form of cryptocurrency was made to let investors participate in the cryptocurrency craze while navigating the federal regulations surrounding Initial Coin Offerings. Aspen Coin will be available to investors in 235 countries and will be open to investors who may not be generally included in high-net-worth markets.
Crowdfunding Investor Cryptocurrencies
Aspen Coin Lets Investors Purchase Parts of an Aspen Hotel
Trend Themes
1. Security Tokens for Real Estate - Indiegogo's Aspen Coin creates opportunities for investors to own tokenized shares in real estate assets and trade them through SEC-registered Alternative Trading System.
2. Crowdfunding Crypto Investments - Aspen Coin offers a form of crowdsourcing for buyers to own a piece of the resort while navigating federal regulations surrounding Initial Coin Offerings.
3. Global Investments with Cryptocurrencies - Aspen Coin will be available to investors in 235 countries, creating more opportunities to invest globally with cryptocurrency.
Industry Implications
1. Real Estate - The Aspen Coin security token offers a new way for investors to own a share in real estate assets and invest in this industry through cryptocurrency.
2. Crowdfunding - Indiegogo's Aspen Coin is a form of crowdsourcing, allowing interested buyers to own a piece of the resort and participate in the crowdfunding industry.
3. Cryptocurrency Trading - Templum's SEC-registered Alternative Trading System provides a platform for trading Aspen Coins, giving investors opportunities to invest and trade crypto in this industry.