Mike Waters of QUEST Crypto announces its ICO token, KNAB with Charlene Live on iheartRadio. The KNAB token will be used to track company performance and will give governance to real estate asset holders. Quest Crypto merges real estate equity onto the de-fi highway.
Michael Waters Has been involved with Real Estate Investing since the early 1990s and over the course of 25 years has been involved in hundreds of real estate transactions. Investing in Fix and Flips, Rentals, wholesaling and retailing, lease options etc…. he would use all kinds of creative strategies to finance his real estate transactions.
Some months he would be buying and selling dozens of homes and despite having relationships with multiple conventional and non-conventional lenders he always seemed to have the problem of never having enough capital to accomplish his goals.
On paper he could easily show hundreds of thousands of dollars in equity and in the case of his rental properties it was easy to show on paper millions of dollars in equity, but accessing his equity and leveraging it into cash was then and is now always been a problem.
As a co-founder of 4RealEstateLeads.com he loved learning how the technology sector could streamline and assist in the real estate world.
In late 2014 he was introduced to Bitcoin and the Blockchain technology fascinated him. In 2018 He teamed up with his friend and Attorney Christian Barlow to figure out how to take a Crypto Currency (Which value is speculative and attached to no real asset) and attach it to a real world asset like real estate.
The Quest Crypto Currency was created as a brain child of Michael Waters 25 years’ experience in real estate and Christian Barlow’s 25 years’ experience as a lawyer. Quest Crypto is a land backed currency that allows a global real estate market of 203 Trillion to be instantly liquid.
QUEST Equity Token (Stable +) represents the equity in the real property; while the QUEST Coin stable token that is can go on and off the QUEST Platform. It is used to purchase any of the other QUEST Family Tokens. It is also used as payment for dividends from the income producing properties.The QUEST Coin is in effect a Utility Token which enables a member to more easily buy or sell property assets and property rights.
