The Work Force Coin offering is now closed and is no longer accepting investments.

Work Force Coin

Real Estate Investment Company

Regulation Crowdfunding
South Jordan, UT
Real Estate
Accepting International Investment

Work Force Coin: We Put Your Coins To Work

Invest In: Work Force Coin Membership Interest

In 2016, after 25 years investing in real estate and the stock market, Mark and Ethel Hayes started mining Bitcoin and Ethereum. We watched digital currency fluctuate and trade between $1K to $20K a coin. All the while, we listened to analysts express concerns of digital currency volatility increasing and decreasing hundreds even thousands of dollars within a short time period. So we asked, is digital currency reliable and sustainable? Many said, digital currency is "too ethereal" due to its lack of backing by concrete assets. Traditional experts prefer investing their money in something they can touch rather than digital currencies traded on "illusion without substance."


So, Mark and Ethel set out to combine Crypto with tangible assets.

Work Force Coin LLC Aims To Give Crypto Tangible Value in Real Estate

Mark teamed up with his wife Ethel, and together they decided to use their real estate and business backgrounds to create a real estate investment and crypto business combination.  So, why tie real estate specifically to cryptocurrency? 


  • Real estate is an asset you can see and touch 
  • Real estate does increase and decrease in value depending on market conditions. 
  • Real estate maintains its value based on market supply & demand along with cashflow from rents and appreciation 
  • Real estate can be appraised and valued 

Real estate acquisitions can produce income and wealth through divestments, appreciations, and rents, which in turn may produce profits or earnings thereby creating the supply & demand for Work Force Coin Membership Interest. 


CORE BUSINESS MODEL:

START-UP STAGE

Invest in Work Force Coin Membership Interest

 Our plan is to purchase distressed properties valued at least 15% below market value (minus repair costs), 

rehab them, and then flip them for profit.  


Join us in tying real estate properties acquisitions to coalese cryptocurrency to a real asset real estate.


Development Stage

STARTUP STAGE

Invest in Work Force Coin Membership Interest

Work Force Coin LLC is in the startup stage where we are looking at different real estate acquisition opportunities. Depending on areas, locations and pricing for real estate properties will vary greatly.  


Real Estate:

We have identified several properties to purchase. However, Work Force Coin LLC does not own any real estate and has not selected any properties for acquisitions. At this time, Work Force Coin LLC has not purchased any real estate properties, nor entered into any contract of negotiation to purchase properties. Work Force Coin LLC is presenting potential investors an opportunity to become members with the hope WFC LLC can purchase properties below market value, and sell properties for a profit.


Locations, Locations, Locations:

According to Zillow.com the median home price in metro areas of California are: Orange County, $720,000; Los Angeles County, $613,000; Riverside County, $374,900; San Bernardino County, $343,300.  


Potential Investment Property

Location: Orange County, CA

After Repair Value:                          $800,000

Purchase Price:                                $630,000

Down Payment 15%:                         $94,500

Closing Cost 2-3%:                             $18,360

Repairs:                                               $50,000

Holding Cost  12/mo.:                       $48,000

Potential Profit:                               $103,640


We estimate that cash needed to complete a deal of this magnitude is approximately $210,000 which covers down payment, closing, repair and holding cost. Our goal is to purchase, renovation and divest properties within 3-6 months. An increase in mortgage interest rates may decrease our pool of potential buyers therefore extending our holding period. 


Opportunity:

There are many real estate opportunities for purchase, renovation and divestment throughout California and other parts of the country. 


Real Estate Acquisitions:

Our plan is to purchase distressed properties valued at least 15% below market value. 


Real Estate Rehab:

Rehab real estate properties as needed.


Real Estate Holding:

Rehab/Retain

Retain certain real estate properties for rental income and market appreciation.


Real Estate Divestments:

Rehab/Sell 

Sell real estate properties for profit.

Real Estate acquisitions can produce income and wealth through divestments, appreciations, and rents which in turn may produce profits or earnings.


Selling Properties:

List properties on MLS (Multiple Listing Service), open houses, different advertising.


Real Estate:

Work Force Coin LLC does not own any real estate and has not selected any properties for acquisitions. 


At this time, Work Force Coin LLC has not purchased any real estate properties, nor entered into any contract of negotiation to purchase properties. Work Force Coin LLC is presenting potential investors an opportunity to become members with the hope WFC LLC can purchase properties below market value, and sell properties for a profit.

The Offering


Investment:  Class B Membership Interests, deliverable in token form ("Work Force Coin Tokens")


$1/Class B Membership Interest│ When you invest you are betting the company’s future equity value will exceed $11.7M.


For details on the bonus, please see the Offering Summary below.


Work Force Coin Tokens

Description: Work Force Coin Tokens will represent a single Class B Membership Interest, with rights, preferences, privileges, and restrictions as designated in the Operating Agreement and attached as an Exhibit to the Offering Document.  Work Force Coin Tokens will be issued on Etherscan The Ethereum Block Explorer ERC-20 

The right to tokens is contingent upon the successful development of such Tokens and to the extent applicable, the blockchain upon which they function.  There is no guarantee that successful development will ever occur.  If development is not completed, investors will still receive shares in book-entry form.

Work Force Coin, LLC

Work Force Coin LLC is a real estate investment company providing potential investors an opportunity to become members, investors and owners of the company when they invest in our Work Force Coin “Membership Interest” or “token”.   


Work Force Coin LLC's plan is to engage in real estate investments through acquisitions and divestments of residential and commercial properties, hotels, and resorts in California, growing areas throughout United States, Europe, Asia and North America.


Our goal, if achieved, is to purchase real estate at below market price to "Fix and Flip".  Some properties may require minor repairs what we consider "cookie cutter" rehab. Cookie cutter rehab are properties in need of a fresh coat of paint, perhaps new flooring and updated landscaping.  Other properties may require more intensive work such as updated wiring, new roofing, removal of all drywall, and kitchen and bath remodeling. 

Buy and Hold Strategy

There may be times while executing our business strategy of buying and selling properties that we implement a buy-and-hold strategy on a particular property. This strategy will allow us to purchase a property, make minor repairs and hold the property while leasing to potential tenants to receive monthly income, allowing WFC’s to grow over time.  


Competition
The majority of our competitors are traditional run-of-the-mill real estate investors and real estate investment companies who have not integrated digital assets into their corporate structure.

Work Force Coin: Cryptocurrency Directly Related To Real Assets

Solving The Pushback On Crypto

Work Force Coin Membership Interests are planned to be distributed in token form and backed by real estate owned by the LLC. 

The Problem With Crypto

Some investors could be drawn to crypto because it's believed to be secure due to the blockchain. Many believe the blockchain cannot be broken or penetrated. There are skeptics who question the way crypto is valued. These individuals push back on the belief that crypto has any real or intrinsic value to be considered a true currency or security.

Work Force Coin's Solution

Money raised during WFC LLC crowdfunding will be used to acquire real estate (residential, commercial, hotels and resorts) throughout the US, Europe, Asia and North America. If and when Work Force Coin Membership Interests trade on crypto exchanges, token holders may be able to sell their tokens directly to potential worldwide investors (some restrictions may apply).

How Work Force Coin Works

Our plan is to purchase distressed properties valued at least 15% below market value (minus repair costs), rehabbing them, and flipping them for profit.


Real Estate Acquisitions:

Our plan is to purchase distressed properties valued at least 15% below market value. 


Real Estate Rehab:

Rehab real estate properties as needed.


Real Estate Holding:

Rehab/Retain

Retain certain real estate properties for rental income and market appreciation.


Real Estate Divestments:

Rehab/Sell 

Sell real estate properties for profits.

Real Estate acquisitions can produce income and wealth, through divestments, appreciations, and rents which in turn may produce profits or earnings.


Real Estate:

Work Force Coin LLC does not own any real estate and has not selected any properties for acquisitions.  At this time, Work Force Coin LLC has not purchased any real estate properties, nor entered into any contract of negotiation to purchase properties. Work Force Coin LLC is presenting potential investors an opportunity to become members with the hope WFC LLC can purchase properties below market value, and sell properties for a profit.

Real Estate Purchase:

We’re presenting an opportunity for potential investors to purchase Work Force Coin membership interest with the hope that we can acquire properties at least 15% below market value.


We intend to evaluate each property in the following manner:


  • Obtain property information on its condition, estimate costs for rehabilitation and feasibility of possible improvements;
  • Use historical rental rates and vacancy rates if such information is available and useful;
  • Obtain similar availability information of comparable properties in the area including recent sales price; analyzing rental values, vacancy rates and operating expenses; review crime statistics for the area; review school information; review any other relevant market information;
  • Use the above criteria to analyze potential profit.


There are no guarantees that we will be successful in our endeavor of acquisitions and or divestments of any real estate properties.

Work Force Coin Membership Interest Tokens

We're offering 1.07M Class B Membership Interest.  One Token is the same as one Membership Interest.

The Real Estate Market Is Booming

At times there is an upward trend in the current real estate market (see sources below) which can mean there are possibilities we'll be able to buy depreciated real estate for discounted prices and flip it for profit. 

.

5.51M existing homes were sold in 2017

-National Association of REALTORS®

In 2012, it was found that there are 5.6M Commercial  in the US

According to the Commercial Buildings Energy Consumption Survey (CBECS)

In 2016, real estate prices rose 5.61% nationally

Mashvisor

Invest In Work Force Coin

With a combined 60 years of expertise in the Real Estate Investment industry, Work Force Coin believes we can deliver value to our business.  We're offering 1.07 million Class B Membership Interests in this Offering.  We believe the money raised will give us a good foundation to acquire more and more real estate in California and throughout growing areas of United States, Europe, Asia and North America. 

Work Force Coin's goal is to achieve value by investing in and reselling real estate, an external, tradable asset.

Offering Summary

Maximum 1,070,000 Class B Membership Interest deliverable in the form of tokens ("Work Force Coin Tokens") ($1,070,000)

*Maximum subject to adjustment for bonus interests. See 10% Bonus below

Minimum 10,000 Class B Membership Interest deliverable in the form of tokens ("Work Force Coin Tokens") ($10,000)


Company
Work Force Coin, LLC
 

Corporate Address
10421 S. Jordan Gtwy Ste 600, South Jordan, UT, 84095
 

Description of Business
Real Estate Investment Company
 

Type of Security Offered
Class B Membership Interests, deliverable in token form ("Work Force Coin Tokens") (the "Securities")
 
Purchase Price of Security Offered
$1.00
 

Minimum Investment Amount (per investor) 
$100.00











Terms of Tokens

Work Force Coin Tokens

Description:  Work Force Coin Tokens will represent a single Class B Membership Interest of the company, with rights and preferences as designated in the Operating Agreement and summarized in the Offering Document.

  • Blockchain: Work Force Coin Membership Interest is on Etherscan The Ethereum Block Explorer ERC-20 
  • Exchanges: We intend to list tokens on a crypto-exchange, but this may change, pending approval to list on such exchanges, changes to the regulatory landscape, or any other reason.  Security Tokens may be eligible for trading on SEC approved alternate trading platforms as they become available.  There is no guarantee that such a trading platform will be available at that time.

Material Terms:

  • Voting Rights: 1 vote per Membership Interest
  • Restrictions on Transfer: 1 year from closing of this Offering
  • Dividends/Distributions: Available Funds. The Company may, in the sole discretion of the Managers, distribute to the Members, at annual intervals, any Available Funds remaining after the reservation of a reasonable fund to cover the operation of the Company.
    Allocation. The Company will make all Distributions to the Members in proportion to their Membership Interests. (see Operating Agreement attached as an Exhibit to the Offering Memorandum for a complete set of terms.
  • Other: see Operating Agreement for a complete set of terms.

Please see Offering Document for complete set of rights and preferences.

The Company currently does not have a functional distributed ledger based business model nor a blockchain based token and there is no guarantee that such will be developed in the future. The promise of future tokens is contingent upon the successful development of such items.  There is no guarantee that successful development will ever occur.  The right to receive future tokens and the offering of future tokens is being offered as part of this offering exempt from registration under Regulation CF.  


The 10% Bonus for StartEngine Shareholders

Work Force Coin, LLC will offer 10% additional bonus interests for all investments that are committed, within 24 hours of this offering going live, by StartEngine Crowdfunding Inc. shareholders who invested over  $1,000 in the StartEngine Reg A offering which closed earlier this year.

StartEngine shareholders who invested $1,000 or more in that StartEngine Reg A offering will receive a 10% bonus on this offering within a 24-hour window of this offering’s launch date.  This means you will receive a bonus for any interests you purchase.  For example, if you buy 100 Class B Membership Interests at $1.00 / interest, you will receive 110 Class B Membership Interests, meaning you'll own 110 shares for $100.   Fractional interests will not be distributed and share bonuses will be determined by rounding down to the nearest whole interest.

This 10% bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors received their countersigned StartEngine Crowdfunding Inc. subscription agreement.

Irregular Use of Proceeds

Work Force Coin LLC will not incur any irregular use of proceeds.

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Most recent fiscal year-end:
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Total Assets
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Cash And Cash Equivalents
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Accounts Receivable
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Short Term Debt
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Long Term Debt
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Revenues And Sales
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Costs Of Goods Sold
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Taxes Paid
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Net Income
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Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

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