The New York City Real Estate Coin (NYCREC) breaks down the barriers to entry for real estate in New York City. NYCREC uses the blockchain to offer token holders fractional interest in an actual asset---buildings in NYC---making real estate more accessible and transparent.” Holders can enjoy some of the benefits that come with owning real estate, including receiving revenue from the building’s cashflow via Ethereum airdrops. Led by a team of seasoned professionals who have traded billions in real estate and on Wall Street, NYCREC is an asset-backed token set to disrupt the NYC property market.