Are You an Accredited Investor in the USA?

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Today as I was reading @spinvest's post regarding buying tokens that are backed by real estate, I started mentally moving my money around so that I could buy at least one share of a home.

For $$50.73 I would be able to be part owner of 10048 Grayton Street.

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I was set to start earning my rent of 5.75 USD per year, and ready for the housing market in Detroit to take off so that I could watch the value of my token appreciate.

But because I am in the US, I can't invest unless I am an accredited investor

In order to be an accredited investor, I must have 1,000,000 USD in assets, or I must earn more than $200,000 taxable dollars per year.

So, although tokens, and crypto have figured out how to let me be a property owner for $50 USD, the US Government has found a fit way to keep me from investing.

Or have they?

Thanks to hive-engine, one can easily form clubs like @spinvest and purchase an asset as a part of a team.

Screenshot 2020-07-08 at 10.35.30 PM.png

So, is anybody interested in buying a few tokens and further tokenizing them on Hive Engine?##

I would buy some.

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4 comments
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SPInvest might invest in the fund and get a few shares.

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That would be awesome :)

We could probably also start a sub club, where we pull together hives to buy one share.

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Do not be surprised if SPInvest takes some of the liquid tokens it has and purchases some tokens in different homes.

That is one of the values of being a SPI token holders, exposure to lost of different investments.

I am also in the US and, for now, my balances are a bit below the $1M (like most of the million short) so I am also excluded.

Those are listed as securities which the SEC does not want average people to have access to.

Posted Using LeoFinance

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Well, the SEC can figure out another way. The people are ready to take their wealth back.

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