Delta Business Management offers bitcoin users to invest their cryptocurrency assets into parking space at England’s second biggest airport. Initially the dividends can only be paid in fiat currency.

Many people buy bitcoin as an investment, hoping that its price will go to the moon. Others are sceptic about bitcoin’s price but use the cryptocurrency as a vehicle of new technologies. Delta Business Management targets the latter group. It promises just eight percent of return per annum to those who would invest their bitcoins in the Gatwick Airport car parking. Much to regret if the bitcoin price goes up to $1,000-$11,000 as 6% of Coindesk readers believed in July 2015. Very profitable if the bitcoin price goes down.

The proposal includes several thousand new car parking bays at Gatwick Airport. One car parking bay will be offered for £25,000 (US$38,000) in fiat or in bitcoin, says bitcoin.com. The dividends will be paid in Pound Sterling. Eight percent per annum for the first two years are guaranteed by the contract. From the third year on there are no guarantees but the company believes that the rates can go up by 10%. A representative of Delta Business Management said:

“With an increase in drivers across the UK and a rise in the number of airport passengers, the need for car parking space far outweighs the space available. This makes the growth in car park facilities over the coming years inevitable. What we’ve done is make this unique opportunity available to bitcoin owners.”

In the future the company plans to integrate blockchain to be able to pay dividends in cryptocurrency. It also considers creating its own digital currency, Delta ID Coin.

 

Alexey Tereshchenko