BARON Tokens ($BRE) are the digital representation of all of the assets owned by the Baron Foundation Trust and managed by Baron Property Group, LTD for the benefit of all Baron Token Holders. $BRE's value is therefore backed by the total value of all assets owned. This portfolio of assets will predominantly consist of Real Estate holdings (both Physical & Virtual); however it may also contain CASH or cash equivalents such as crypto assets, bonds, instruments of debt, etc. that will cause the total value of the portfolio to fluctuate in value. The portfolio value of all assets will be regularly updated and made available on this website as will the results of an annual independent audit.
BARON’s mission is to invest in highly profitable income generating real estate properties. This includes long & short term residential rental properties in US areas with heavy demand thru AirBnB, as well as the booming industry of Metaverse properties. The portfolio may also include Commercial and/or Industrial properties as well as properties that are better suited for flipping resulting in opportunities to quickly reinvest profits for even greater long term growth. International expansion is eventually anticipated.
Profits generated from portfolio assets are added back into the asset pool increasing the total portfolio value and, by extension, increasing the floor value backing of the Baron Token. Once sufficient funds have accumulated, they will be used to purchase additional properties or other assets to further create additional income. We also plan to leverage our properties through collateralized loans allowing us to purchase additional assets.
15% of all profits will be used to buy back Baron Tokens from the decentralized exchange. These tokens will then be subsequently burned (destroyed forever). This is done to reduce the total supply of tokens in circulation which increases the proportional backing of all remaining tokens as well as provides a constant source of liquidity to the secondary market for those who may wish to sell their tokens.
$BRE is a deflationary currency built on the Ethereum Blockchain. To encourage owners to hold and thus reduce the available supply of tokens, we have implemented a 6% fee on each Token TRANSFER. If you send 100 tokens, the receiver will only get 94 tokens. This fee is designed to cause $BRE to be a store of value and not a transactional currency. 1% of each transaction goes back to the community development fund to be used towards adding value within the Baron Community.
Half of the 6% fee (3% of the tokens in each TRANSFER) will be distributed back to all token holders based on their pro-rata share of all tokens in circulation. (i.e. If you own 1% of all tokens you would receive 1% of all HODL Rewards. Long-term holders will benefit the most from this fee over time.
The remaining fee (2% of the tokens in each TRANSFER) will be destroyed (aka "burned"). This is used to constantly reduce the circulating supply of tokens. This has the effect of gradually increasing a holders pro rata share of all tokens in circulation.
We understand that the best form of advertising comes from word of mouth and we know you're going to share Baron with others anyway so what's better than snagging some free tokens in the process? For a LIMITED TIME, we will be rewarding Token Holders with a 10% Referral Bonus on every purchase made by those who list you as their referrer. For every 1,000,000 $BRE Tokens they purchase, you earn 100,000 $BRE Tokens. This bonus will be distributed monthly by the last day of the month provided your referral bonus exceeds 2,000,000 $BRE. There is NO LIMIT on the amount of tokens you can earn. (Token balances less than this amount will be delivered at the conclusion of the token sale.)
A Liquidity Pool will be established on Uniswap upon conclusion of the public token sale and seeded with 5% of the funds raised to allow those wishing to buy or sell to do so. Additionally, token holders will be able to stake their tokens and receive a portion of the exchange fees for providing liquidity to the pool. As mentioned earlier, 15% of all profits will be used to buy-back and burn tokens from the liquidity pool further adding liquidity to the secondary market.
Nothing on this website should be considered an offer to sell a security... The Baron Token has no cash value and cannot be redeemed to Baron Property Group LTD or Baron Foundation Trust for any physical or digital goods or real estate. While Baron Tokens are a digital representation of assets owned and Managed by Baron Foundation Trust , the purchase of tokens does not convey any direct ownership in or control of those assets other than voting rights as detailed in the whitepaper.
Baron has no control over how the secondary market will value $BRE tokens. If you decide to purchase Baron Tokens, your ability to sell them in the future is completely dependent on the willingness of others to purchase them as well as many other external economic factors. Do not purchase tokens if you are uncomfortable with risk. See Whitepaper (below) for the FULL Responsible Risk Disclosure Policy prior to purchasing ANY tokens.
Each year, members of the Baron Charitable DAO ($BRE token holders) will have the opportunity to recommend and vote on charitable causes to support. Baron will allocate a minimum of 1% up to a maximum of 5% of annual profits to the organization that receives the most votes. DAO members will receive voting rights equal to the amount of BRE tokens they hold with each $BRE Token representing 1 Vote.
If you would like to recommend a 501(c)(3) charitable organization that you are passionate about supporting, please do so completing the nomination form by clicking the button below.
Why Real Estate?
Over the last two centuries, it is estimated that 90 percent of the world’s millionaires have been created by investing in real estate. Simply put, Real Estate is "THE BEST Wealth Accumulation Strategy" known to man-kind.
Some wallets require you to IMPORT or ADD the custom token to your wallet before it will display your token balance.
In Metamask (Under Assets) you must click IMPORT TOKENS and then click CUSTOM TOKEN and add the info below.
In Trust Wallet you must tap the upper right menu button ADD CUSTOM TOKEN (on iphone you must first search)
Token Contract Address: 0xEdEcB3Ea59AB4E36247BfBE4D07e6410148255Ae
Token Name: Baron
VIDEO TUTORIAL: https://youtu.be/NkQY0okIo6Q
We're here to help with any questions you might have about BARON, or understanding this fast-evolving market. Send us a message if you'd like to learn more!