- Remtimes

Mayfair Coin to Make Transactions Simpler

The company’s all-in-one solution aims to make property deals easy and efficient
July 12, 2023 | Staff Reporter | UK | Proptech

Mayfair Coin, a property technology company, will unveil an all-in-one solution that caters to buyers, tenants, and sellers globally. The company will launch its $MFC Token on the Binance Smart Chain through a token sale from August 15, 2023, to September 15, 2023 (tentatively). The token price at the Pre ICO stage is expected to be between GBP 8 and GBP 10 per MFC, with a minimum transaction amount of 50 GBP. The $MFC Token will be used as the main method of payment for subscription fees and other revenue models on the platform. 

The Mayfair Coin project traces its roots back to May 2021, when the initial concept and research of blockchain-based MFC apps were conceived. Following its token sale, the company plans to test its MFC apps in March 2024 before launching on leading crypto exchanges in May 2024.

“Project Mayfair is a revolutionary advancement in the real estate industry, completely transforming traditional property management. It brings together the ideal combination of solutions for all involved parties. The platform ensures optimised and streamlined processes by incorporating comprehensive KYC and AML verification,” stated Rbee Mehmood, CEO and Founder of Mayfair Coin. “Additionally, it integrates an AI-powered management system and utilises cutting-edge WEB3 technology. The property management system, which will be white-labelled, includes a globally accessible property portal that seamlessly links with property management systems, providing a unified platform for efficient property management worldwide. Furthermore, Mayfair Coin enables the acceptance of digital payments, offering convenient and secure transaction options for users.”

The organisation has introduced crypto payments into the property management ecosystem by providing a comprehensive suite of services to streamline property transactions in the real estate industry. These services encompass hotel booking, accommodation assistance, property management tools, identity verification, secure payments, leasing options, and real-time accounting. The platform leverages cutting-edge technologies such as AI and WEB3 to enhance efficiency and speed. AI enables automation and personalised experiences, while WEB3 ensures security and transparency through blockchain technology. Additionally, Mayfair Coin's global property portal offers a centralized platform for property-related activities worldwide, further expanding its reach and usability.

With the goal of creating a secure environment for property transactions, Mayfair Coin's platform integrates Shufti Pro to verify all stakeholders and create a unified data flow to prevent security issues. Users will have easy access to all agreements and documents through the Project Mayfair portal, fostering transparency.

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