Crowdfunding platform Indiegogo is promoting an asset-backed token on its website, allowing purchasers with a once-in-a-lifetime opportunity to possess an indirect fragmented equity ownership stake in the St. Regis Aspen Resort in Aspen, CO.
But you have to move fast, since the token sale will end in about 20 days and 21 hours, as of the time of writing.
Aspen Digital, the platform which created the asset-backed token named “Aspen Coin,” is aiming to raise $12 million as investment for the said real estate property, and began the project on August 24. This can be purchased through fiat money, as well as major cryptocurrencies like Bitcoin.
Interested purchasers need not worry a bit, since these are offered by the company through Templum Markets LLC, which is a broker-dealer registered with the US Securities and Exchange Commission (SEC), and is also a member of the Financial Industry Regulatory Authority (FINRA).
However, the sale will only allow accredited investors to participate in the Aspen Digital Coin offering.
According to Indiegogo, investments will be backed by a proven management team “who’ve shown growth in revenue over the last two years.”
In The Heart Of Rocky Mountains
The property has 179 rooms, including 25 luxury suites, a 15,000-square foot luxury spa, not to mention 14 fully-furnished meeting spaces which could accommodate up to 1,200 people. It is situated in the heart of the famed Rocky Mountains in Colorado, which would allow guests to access ski sites. Also, it flaunts one of the lengthiest ski seasons in the entire world, and with a plethora of food and drink outlets, visitors would definitely not run out of options for entertainment.
The project stated:
“The property itself is a world class, year-round destination resort. The iconic St. Regis brand name attracts celebrities, high net worth individuals, tourists, and corporate executives, among others.”
Furthermore, the resort intends to maintain and grow revenue per available room (RevPAR), all the while increasing occupancy.
Should you wish to purchase a stake on the luxurious property, you may click here to know more about the token sale details, as well as other important information. Meanwhile, you can read other articles here on our cryptocurrency news site.