The Praetorian Group

The Praetorian Group

Created using Figma
Created using Figma
The Praetorian Group is creating Sound Money Cryptocurrency that will be backed by residential real estate in New York State.
Risk: High
Dec 1, 2017
Dec 15, 2017
100% completed
Raised funds - no Data
past
Nov 30, 2017
Dec 14, 2017
100% completed
Raised funds - no Data
past
Token Details
Ticker
PAX
Accepted Currencies
ETH
Company Details
Registered Country
Hongkong
Additional Details
Categories
Cryptocurrency

About The Praetorian Group

Imagine bridging two major industries - residential real estate and the blockchain to create a first of its kind company that is independent of government and politics that results in a compassionate capitalist investment model changing people’s lives as we revitalize blighted communities throughout New York State.

The Praetorian Group is creating the first ever Sound Money Cryptocurrency that will be backed by residential real estate in New York State. Our vision is to bring safety, security and lower volatility to the cryptocurrency community by introducing a sound money alternative to those cryptocurrencies currently in existence. We are especially excited to be able to bring cryptocurrency to those who would never have the opportunity to understand it and use it to better their lives. Imagine owning a cryptocurrency that translates into and allows you to hold a percentage of the New York real estate market which is the hottest market in the world. Furthermore, imagine being able to change people’s lives through your participation in Praetorian Group’s vision.

Praetorian is currently a two-phase business model that will utilize a number of blockchain opportunities as the company grows through its projected milestones.
Phase 1- The acquisition of New York residential real estate properties funded by our Initial Coin Offering (“ICO”). The Praetorian Group’s vision is to invest in lower income areas that are set to increase in value, infuse cryptocurrency into these areas and to fund “Outreach Programs” to enrich the quality of life for the residents in Praetorian Group owned properties.

Phase 2- Creation of the “PAX” Cyrptocurrency Blockchain Asset Wallet that will enable users to spend cryptocurrency anywhere in the world by utilizing their smartphone or a universal PAX debit card. This Asset Wallet and debit card will be the next step in our ecosystem and community based around the PAX Token.

Features

The liquidity and investability of the PAX Token may increase in a number
of ways:
1) as Praetorian acquires new properties and receives rental
income
2) as the acquired properties rise in value and tenancy leases
increase
3) as a result of this income and assets backed PAX Token a
higher demand and value for the PAX Token will increase on the
cryptocurrency trading exchanges
4) as Praetorian enters into its second phase of our business model, income will increase.

Technical Info

Technical details:  Ethereum erc20 standard token. The source code:  The code is not available. Proof of developer:  Public team.

Activity

Posts:
227
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Followers:
33 823
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Likes:
33 809
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Rating:
5
VERY HIGH
Followers:
176
VERY LOW
Tweets:
100
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30 Days Growth:

The Praetorian Group Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

GERARD MARRONE
CO-FOUNDER & CEO
unverified
LOUIS ADIMANDO
CO-FOUNDER & CSO
unverified
PAUL MCMENAMIN
GENERAL COUNSEL
unverified

The Praetorian Group Last News

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