1. What is ArieaCoin?
ArieaCoin is a real estate-anchored cryptocurrency. It is minted through the proprietary Ariea Automated Valuation Model (AVM), which values real residential properties in real-time, making it a secure and data-driven investment.
2. How does ArieaCoin work?
ArieaCoin is based on the valuation of real estate properties using the Ariea Automated Valuation Model (AVM). This model assesses over 419,000 properties and has conducted 236 million valuations with a 0.4% median error rate, ensuring accurate and reliable property-backed cryptocurrency. Investors can buy, sell, and trade ArieaCoins, which are tied to the performance of the real world real estate markets.
3. What makes ArieaCoin different from other cryptocurrencies?
Unlike traditional cryptocurrencies that rely on market speculation, ArieaCoin is anchored in real estate, providing stability and a real-world value. This unique model combines the benefits of cryptocurrency with real estate investment, giving investors the opportunity to hedge against volatility.
4. How is ArieaCoin minted?
ArieaCoin is minted when residential properties are evaluated through the proprietary Ariea Automated Valuation Model (AVM). Each coin's value is set by a property’s market value, calculated using real estate data from Comparative Market Analysis (CMA) and other reliable data points.
5. What makes ArieaCoins valuable?
Each ArieaCoin is anchored to a real world property. Only those properties which the Ariea AVM can valuate can be turned into coins. Only five coins are ever minted for each property; one of each denomination copper, bronze, silver, gold, and platinum.
6. What is the difference between the denominations?
Each denomination is a factor of ten based on the real world value of the property upon which the coin is anchored. Platinum coins are 10% of the properties real world value. Gold coins are 1% of the property's value, silver 0.1%, bronze 0.01% and copper 0.001%. Higher denomination coins boast lower transaction fees.
7. How does Ariea’s AVM ensure accuracy in property valuations?
Ariea’s AVM uses a blend of advanced machine learning algorithms, historical property data, and real-time market conditions to generate property valuations. With a 0.4% median error rate, Ariea has one of the most accurate valuation models in the industry.
8. Can I use ArieaCoin to invest in real estate?
Yes, ArieaCoin is designed to allow users to invest in real estate without the traditional barriers of purchasing whole properties. Each ArieaCoin gives investors ownership in a digital asset which is anchored to a real property, allowing them to diversify their portfolio with small initial investments.
9. How does ArieaCoin protect my investment?
ArieaCoin is anchored by real estate, which is considered a stable and appreciating asset class. This provides intrinsic value, reducing the risks associated with cryptocurrency market volatility. The real estate valuations are constantly updated using the Ariea AVM, ensuring your coins are always tied to accurate property data.
10. What is Comparative Market Analysis (CMA) in the context of ArieaCoin?
Comparative Market Analysis (CMA) is a real estate evaluation method used by Ariea’s AVM to assess the market value of properties. CMA takes into account the prices of similar properties in the area to ensure accurate, real-time valuations, which are essential in determining the value of ArieaCoins.
11. How can I buy ArieaCoin?
You can purchase ArieaCoin through the ArieaCoin platform, which supports secure cryptocurrency transactions. After completing the Know Your Customer (KYC) process, you can buy ArieaCoins using traditional payment methods.
12. Can I buy ArieaCoin anywhere else?
No ArieaCoin can only be bought, sold, and exchanged on the ArieaCoin platform. This ensures the integrity of coins and protects our investors from the scams commonly surrounding other cryptocurrencies. You will never be asked to transfer ArieaCoins outside of our platform.
13. Is ArieaCoin regulated by the SEC or other financial authorities?
ArieaCoin is not SEC-regulated, as it does not fall under traditional securities regulations. However, it adheres to strict Know Your Customer and Anti-Money Laundering (AML) processes to ensure compliance with global standards and protect investors.
14. Why does the ArieaCoin platform require my Social Security Number and other personal details?
ArieaCoin is required by law to collect your Social Security Number (SSN) and other personal details as part of it's "Know Your Customer" policies. These policies are designed to comply with the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations. Specifically, the legal requirement states:
“a record of the person’s taxpayer identification number (e.g., social security or employer identification number) or, if none, alien identification number or passport number and country of issuance, or a notation in the record of the lack thereof.” – 31 CFR 1010.11(p).
15. Do other cryptocurrency exchanges require this information?
Yes. All US-based cryptocurrency exchanges are required to collect this information to combat money laundering and prevent the funding of terrorism.
16. How does ArieaCoin protect my information?
ArieaCoin goes to great lengths to protect it's users personal information. This includes using a secure socket layer (SSL) during transmission of the information and employing 256-bit encryption of all personal information while it resides on ArieaCoin servers.
17. What is the role of the ArieaCoin platform in managing ArieaCoin investments?
The ArieaCoin platform provides users with tools to buy, sell, and manage their ArieaCoins. It features real-time data from the Ariea AVM, portfolio management tools, and an easy-to-use interface for tracking your real estate anchored cryptocurrency investments.
18. Is ArieaCoin a good investment?
ArieaCoin combines the growing potential of cryptocurrency with the stability of real estate. Investors looking for a less volatile cryptocurrency anchored by real-world assets may find ArieaCoin to be a strong addition to their investment portfolio.
19. How can I track the value of my ArieaCoins?
The Ariea platform provides real-time tracking of your ArieaCoins, updating valuations as property values fluctuate. You can monitor your portfolio's performance and access historical data to help guide your investment decisions.
20. Does ArieaCoin have any fees?
Yes, ArieaCoin charges transaction fees when ArieaCoins are bought, sold, and exchanged.
21. What is the difference between buying/selling ArieaCoins and exchanging them?
The purchase and sale of ArieaCoin involves converting dollars into ArieaCoins and vice versa. This process requires higher transaction fees, typcially 3%, for third party costs like eCheck processing. Exchanging ArieaCoins involves coverting one ArieaCoin into another ArieaCoin through intermediate ArieaCoin Credits. Exchanges have lower transactions fees, typically 1%, as ArieaCoin does not have to pay third party costs.
22. What are ArieaCoin Credits?
Users have the ability to exchange their ArieaCoins in a fungible manner without having to convert them back into dollars. ArieaCoin credits are the intermediate store of value that allow users to make these exchanges.