Press ReleaseUncategorized
HJH Real launched on SushiSwap and Uniswap on March 31, 2022, with a maximum token supply of 1.2 billion units. As a tracking token for HJH Investments’ real estate holdings, HJHRE aims to integrate characteristics of the stock market, real estate, and ETFs using cryptocurrency.

HJHRE Announces HJH Investments’ Q3 2022 Financial Results

HJH REAL Token (HJHRE), a tracking token designed to monitor and derive its value from the profitability of HJH Investments’ real estate portfolio, today announced its Q3 2022 financial results. Subsequently, it hosted a mining event of 3,451,218.65 tokens at the Proof of Volume price of $0.9561840. This mining event brings the total number of HJHRE tokens in circulation to 480,550,908.46.

HJHRE mining events occur quarterly, contingent upon HJH Investments acquiring additional real estate assets. The value of purchased assets is calculated at the end of each quarter, directly influencing the number of tokens to be mined. This process is detailed in the token’s whitepaper and on its website.

Q3 2022 Results

  • As of November 1, 2022, the Forecasted Net Operating Income for all of HJH Investments’ real estate assets totaled $32,188,276.73, as calculated for the 12 months between October 1, 2022, and September 30, 2023.
  • In the third quarter of 2022, HJH Investments conducted $3,300,000.00 in acquisition activity. 
  • Using the Proof of Volume price on October 1, 2022, of $0.9561840, HJH Investments mined a total of 3,451,218.65 tokens.
  • Detailed quarterly reports are available at hjhrealtoken.com.

About HJH REAL Token

HJH Real launched on SushiSwap and Uniswap on March 31, 2022, with a maximum token supply of 1.2 billion units. As a tracking token for HJH Investments’ real estate holdings, HJHRE aims to integrate characteristics of the stock market, real estate, and ETFs using cryptocurrency. 

The project utilizes a dual-pricing system to employ a robust tracking mechanism. It involves the Real Estate Asset and Income (REAI), which is a Price-to-Earnings logic applied to the real estate industry. The second formula is a Proof-of-Volume (POV) calculation that divides a well-researched statistical coefficient (i.e., 5,764,801) by the total HJRE exchanged or gifted on the market. Buyers should know that buying HJHRE is not an investment in HJH Investments’ real estate assets. 

About HJH Investments

HJH Investments is a Kansas-based commercial real estate syndication firm with a real estate portfolio of over $500+ Million. To date, HJH has acquired more than 80 properties. The company primarily procures properties in the Midwestern and Southeastern markets of the United States. Visit hjhinvestments.com for more information.

Disclaimer: This is a paid press release! Chain.Buzz does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Chain.Buzz is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Latest Press

post-thumbnail
Press Release
5 days ago
GhostDAG.org Is Placing a Big Bet on KASPA
GhostDAG.org (GDAG) recently announced their acquisition of $350,000 worth of Kaspa Miners. The grou...
READ MORE
post-thumbnail
Press Release
5 days ago
Wemade CEO Henry Chang to attend Fortune Global Forum and Abu Dhabi Finance Week 2023
Wemade CEO Henry Chang is attending the prestigious Fortune Global Forum Abu Dhabi 2023, an invite-o...
READ MORE
post-thumbnail
Press Release
1 week ago
Lee Yewon wins WEMIX CHAMPIONSHIP 2023
WEMIX CHAMPIONSHIP 2023, the first KLPGA golf tournament to offer all-crypto prize money and hosted ...
READ MORE
post-thumbnail
Press Release
1 week ago
Libertum Launches Innovative Real Estate Investment Platform: Democratizing Property Investment
Today marks a significant milestone in the world of real estate and blockchain technology as Libertu...
READ MORE
post-thumbnail
Press Release
1 week ago
De.Fi Sold Out $5M Round. OKX, Binance & Coinbase Directors among Investors. The Sale is Still Open
De.Fi, a SocialFi & Antivirus SuperApp, has reached a significant milestone with the launch of D...
READ MORE
post-thumbnail
Press Release
2 weeks ago
Montage Token – Assembling the Future Gold Standard of Crypto
Montage Token is a community-centric project seeking to introduce the “new gold standard of cr...
READ MORE
post-thumbnail
Press Release
2 weeks ago
Wemade announces global teaser site and pre-registration date for blockbuster MMORPG NIGHT CROWS
Among the most successful 2023 mobile game launches in Korea; #1 (revenue growth) and #2 ranked mobi...
READ MORE
post-thumbnail
Press Release
2 weeks ago
The Future of AI-Agents is Decentralized: Delysium and Microsoft Partner to Mainstream AI on Blockchain
Onboarding new users into the world of blockchain and AI can be a daunting task filled with complexi...
READ MORE
post-thumbnail
Press Release
2 weeks ago
Fizen.io Presents Plan to Boost Crypto Mass Adoption through Payments, Not Trading
Trading is detrimental for new crypto users because it often results in losses and setbacks, tarnish...
READ MORE

Publish an article now

Unlock the power of media for instant visibility to the target audience, major SEO boost, greater website traffic and conversion rates.

click here to get started