All Press Releases for September 28, 2021

The Launch of A$$ETcoin® The Next Big Investment Opportunity

Assetcoin Capital Fund (Assetcoin) is excited to announce the launch of its stablecoin (A$$ETcoin®) and SEC Reg CF Crowdfunding Campaign.

"Using our proprietary lending platform, Assetcoin is committed to closing the gaps by fostering in homeownership and economic opportunities in urban America".

    SHERIDAN, WY, September 28, 2021 /24-7PressRelease/ -- Based in Sheridan Wyoming (the cryptocurrency capital of America), Assetcoin is an innovative mortgage financing and lending institution centered around an ecosystem of companies designed to support cutting-edge asset-based lending across a Blockchain platform. The company is seeking early-stage investors who understand the need and benefit of investing in black and brown communities across America.

Racial inequities and inequalities have always had a high cost to the overall growth of our nation, one that was thought to be paid only by underrepresented groups. However, over the past two decades, the $16 trillion estimated economic loss attributed to these inequities has a real and tangible impact on us all including the country's economic output. These losses include gaps in wages, higher education, access to housing and financial resources, and lack of investment in black and brown-owned businesses; all of which have been exacerbated by the Covid-19 pandemic. If racial inequity gaps were closed today, the value or equivalent add to the U.S. economy over a five-year span could be $5 trillion of additional GDP or an average add of 0.35 percentage points to U.S. GDP growth per year and 0.09 percentage points to the global GDP growth per year.

Equal access to housing is the cornerstone to closing the gap, but the lack of origination in communities of color is both a missed opportunity for lenders and the nation. For instance, there is an estimated 10 million mortgage-ready homebuyers going underserved in urban communities across America; by successfully lending in these communities, lenders could conservatively increase their loan volume by at least $1.5 trillion. Assetcoin intends to fill this void by investing in urban America proving that social consciousness in business is not just a good idea, but good for business.

Now more than ever, we have a responsibility and an opportunity to confront these longstanding societal ills that have plagued this country for centuries. We are a nation of high achievers and when called upon to band together to solve a problem we have always achieved the seemingly impossible. Today is our opportunity to stand up for America; tally up the economic loss, and as a society, commit to bring greater equity and prosperity to all.

Rev. Duane A. Quamina, CEO of Assetcoin stated "We are committed to closing the gaps by fostering in homeownership and economic opportunities in urban America through the launch of A$$ETcoin® tokens and our proprietary lending platform." The lack of access to capital limits financial choices and opportunities; likewise, Assetcoin provides a solid foundation on which America and our investors can grow and prosper now and, in the future.

Assetcoin welcomes all investors big or small. This is a national movement of, by, and for the people.


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Contact Information

Duane Quamina
Assetcoin Capital Fund LLC
Sheridan, Wyoming
United States
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