Colorado
Why Is This Colorado Church Putting Its Chapel On The Blockchain?
Thanks to a slick real estate broker, a network of churches in Northern Colorado is embracing blockchain technology to securitize their sanctuary. Pray for its investors.
By Nina Bambysheva, Forbes Staff
In the Middle Ages, the Church held sway over souls with the sale of indulgences—essentially, money in the form of silver or gold coins exchanged for a faster ticket out of purgatory. Fast forward to the 21st century in Northern Colorado, where a different kind of church token is being offered—one that doesn’t promise salvation but instead aims to purchase Fort Collins’ oldest church.
Move over, GoFundMe. Enter a modern twist on community investment, led by local pastor named Blake Bush, who is spearheading an effort to raise $2.5 million for the purchase of the Old Stone Church, a historic 19th-century stone building his community has been renting for the past two years.
Pastor Blake Bush Photo by Colorado House of Prayer
Bush, 57, is no ordinary clergyman. A former franchise salesman and a veteran of 34 years in ministry, he and his wife founded the non-denominational Third Day Church and later established One Hope of Northern Colorado, a nonprofit ministry leading the Colorado House of Prayer. “We’re not a church,” Bush explains. “We are the church, a network of churches working together to bless our community.” The Colorado House of Prayer, currently housed in the Old Stone Church, is a place where volunteers run the show, and anyone can lead a prayer at nearly any hour. Multiple denominations currently rent the space. For example, every Sunday at 2:30 p.m. the Korean High Mountain Church holds a service.
In the summer of 2022, Pastor Bush fell down the crypto rabbit hole when a friend introduced him to XRP cryptocurrency. Ripple Labs, the company that developed the token, once promised that its digital ledger would replace banks in facilitating trillions in global money transfers, but despite XRP being valued at $31 billion by crypto traders, Ripple has accomplished little in the last decade. Intrigued, Bush bought some XRP and soon found himself immersed in the possibilities of blockchain. “I just began to research and listen, trying to figure out what they’re doing, [Ripple’s] lawsuit with the SEC… who’s the SEC, what do they do, and what does blockchain accomplish? Where is this thing going?” He says the idea of tokenizing real estate “entered his thoughts” in February.
“I heard the Lord say ‘’tokenize the building,’”says Bush. “I was like, what? I didn’t even know what that meant. I’ve been interested in the technology, but I could not have formed that sentence because that’s just not in my vocabulary. I’ve been praying for this for years, and God said, ‘Son, go get my house.’”
Enter REtokens of Spokane, Washington, founded in 2022 by Tyler Vinson, 45, whose real estate brokerage firm Extant shares headquarters with the digital asset operation. Vinson, a local realtor who got his BA in Marketing from Eastern Washington University, boasts more than 20 years of experience and is the author of “Freedom Through Cash Flow.” Tokenizing properties like Bush’s Old Stone Church may be just the gimmick needed to inject new life into Vinson’s Spokane Valley real estate practice.
In late May 2024, REtokens and a Swiss-based private blockchain operator Polymesh announced that they would jointly tokenize $30 million in real estate, “delivering enhanced liquidity and a wider pool of investors to the real estate market.” Not mentioned in the press release was the pair’s only other asset tokenization—a $2.25 million preferred stock offering in August 2023 for REtokens itself. According to the private placement memorandum available to accredited investors, more than $150,000 of the proceeds would go toward paying off a loan to Vinson’s Extant, and ReToken’s payroll, which includes Vinson as CEO, would eat up nearly 24% of the funds annually. When you throw in marketing costs, blockchain fees and convention/travel expenses, “corporate costs” were projected to eat up to 40% of the tokenization proceeds in year one.
While there are no specifics in the offering statement about how investors will actually earn a return from their blockchain-based investment in REtokens, the shares were initially priced at 75 cents each, with a minimum investment of $5,000. Vinson’s new blockchain company intends to take $10,000 upfront for new tokenizations, plus up to 0.74% per year in an “equity fee” from new tokens minted. So far, REtokens has raised less than half of the $2.25 million in tokenized preferred stock it began offering a year ago.
Blake Bush’s Old Stone Church is Vinson’s first real estate tokenization. The first phase, launched on Friday, targets accredited investors with a minimum of $50,000 to invest, and is seeking to raise $2.5 million within the first year to buy the 11,457-square-foot stone building. The Old Stone Church is currently owned by one of Blake’s parishioners, Warren Yoder, owner of a Chevrolet dealership and auto body operations in Northern Colorado, who bought it in 2022 for $2.2 million.
Eventually, the Stone tokens will become available on the secondary market, presumably to non-accredited church congregants at $500 per token, with a minimum investment of $1,500. These tokens will trade indefinitely, or as the initiative’s website puts it, “until Jesus returns or the majority of investors and the board decide to sell.” Already, several locals have joined Old Stone’s board including the mayor of nearby Severance, Colorado, a mortgage broker and an insurance salesman.
Potential investors don’t need a special crypto wallet; instead they will have to create an account with REtokens and complete a know-your-customer process, much like buying stocks on Fidelity, says REtokens’ Vinson. In fact, purchasers are buying securities, not cryptos. The tokens won’t be traded on exchanges like Coinbase or Binance but only marketable through REtokens. And since the small offering falls under regulation D of the Securities Act of 1933, Old Stone Church will be exempt from most disclosure requirements. Tokenholders won’t get a say in how the church is managed, either.
When Bush was asked the consequences of, say, a Satanist scooping up the majority of tokens, his response was, “I’d be like ‘great, thank you, let’s introduce you to Jesus.’” The Old Stone Church will be governed by its board and an operating agreement, he explains, so even a majority owner won’t be able to decide how to use the building. Tokenholders will only be able to vote for a president of the board and for or against the sale of the building.
Bush’s Colorado House Of Prayer is non denominational: “All churches who belong to Jesus are welcome to participate, regardless of their theological background.”
Photo by Colorado House of Prayer
Unlike traditional church and synagogue fundraisings, offered by not-for-profits and therefore tax-exempt, congregants wishing to “invest” in their church will not be getting any tax deductions. Tokenholders will be subject to normal income and capital gains taxes, which will come in the form of K-1 partnership distributions. “Even Jesus had to pay taxes and have a treasury,” says Bush.
As for returns, the pitch deck projects “a 2-3% yearly increase on each token in accordance with the rise in real estate value in downtown Fort Collins. In addition, each year, there will also be a small dividend based on the modest rent the LLC receives.” Pastor Bush is serious about managing investor expectations. “You’re not in this to make profits. You’re in this to do good in the community,” he says. The pitch deck notes that investors will be using their money to “advance the kingdom.”
The Old Stone Church is the first tokenized church, according to Graeme Moore, head of tokenization at Polymesh, but it may not be the last. Mark Elsdon, a minister and developer from Madison, Wisconsin, and author of Gone for Good?, writes that as many as 100,000 Christian church properties—a quarter to a third of all churches in the U.S.—are expected to be sold or repurposed in the next decade.
Already, hundreds of these properties are being acquired by businesses for use as offices, restaurants, co-working spaces, and hotels. New Yorkers may recall the 1983 transformation of the Gothic Revival-style Episcopal Church of the Holy Communion, built in 1844, into the Limelight nightclub, notorious for its drug-fueled parties. A more recent example is the Good Shepherd Lutheran Church on Lake Opeka in Des Plaines, Illinois, reborn as an upscale Mediterranean restaurant.
Pastor Bush’s vision stretches far beyond Fort Collins. He dreams of forming a foundation to help others tokenize their historic buildings. He may be onto something. Considering each communities’ zealotry, religion and blockchain may be a match made in heaven.
MORE FROM FORBES
Colorado
Colorado to weigh daily hunting limits, ban on fur sales for wildlife hunted for fur
At its upcoming meetings on July 20 and 21, the Colorado Parks and Wildlife Commission will consider whether to impose daily hunting limits for furbearers and a ban on commercial fur sales. It’s the latest chapter in a years-long debate over how these species — which include beavers, foxes, coyotes, bobcats, martens and other mesocarnivores — should be managed.
Both potential policy changes have emerged from a surge of public interest in furbearers following Proposition 127 — a failed ballot measure in 2024 that sought to ban the hunting of mountain lions, bobcats and lynx.
The idea to impose a limit on the number of furbearers a recreational hunter can kill in a single day has been raised in public comments and was among several recommendations made to the agency in a 2025 stakeholder group.
While Parks and Wildlife proposed a daily limit of 15 for all 17 furbearer species in March, wildlife advocates and some commissioners pushed back, arguing it didn’t go far enough and asked staff to consider a lower number. On July 20, the commission will discuss one new option proposed by the wildlife agency — though its recommendation remains a daily limit of 15.
The idea to ban the commercial sale of furs in Colorado emerged out of a petition submitted by the Center for Biological Diversity in June 2025.
The petition argued that it is a common-sense and ethical change that aligns furbearers with how the state manages other wildlife. In a controversial March vote, the commission approved the petition against the recommendation of Parks and Wildlife staff, sending it forward for additional debate. The first hearing will be held on July 21, with Parks and Wildlife offering two options for potential fur sales bans. The agency’s recommendation remains not to impose any ban.
A public divided on Colorado’s current furbearer management
Public sentiment around furbearers is largely divided into two groups.
The first, primarily represented by sportspersons and agriculture advocates, argues that the agency’s current management is driven by science and represents a critical part of Colorado’s hunting heritage that provides critical data to the agency. The second, held by wildlife conservation and welfare advocates, contends that the management of furbearers is outdated, unethical and leading to overexploitation of the species
Currently in Colorado, all 17 furbearer species can be hunted with the purchase of a $10 permit. In its 2024-25 fiscal year, the agency sold 19,620 furbearer permits. There are no limits on the number that a permit-holder can kill.
These species are grouped together as mesocarnivores, sharing high reproductive output, high natural mortality rates and qualities as habitat generalists, according to a March report.
In a July memo to the commission, Parks and Wildlife Director Laura Clellan wrote that “current annual harvest rates range from 0.6-5.8% of the conservative population projections,” and that there is no scientific evidence that the current level of furbearer hunting is causing population declines.

Parks and Wildlife staff have said that the allowed methods of trapping — which were narrowed significantly by a 1996 ballot measure in Colorado — act as a natural limit on how many furbearers can be hunted.
There have been some concerns and criticism that Parks and Wildlife lacks sufficient population estimates for these species. In the memo, Clellan clarifies that the wildlife profession tends not to use population abundance for small game and furbearer management because their populations are limited, not by harvest, but by factors like weather and habitat — meaning there are “often very large population swings year to year.”
While Colorado law makes it illegal to sell or purchase wildlife for commercial gain, there’s an exemption that allows the sale of “nonedible portions of wildlife,” including furbearer pelts and hides. This includes allowing the sale, barter or trading of items like fur, feathers, teeth, horns, antlers, bones and more that were acquired legally.
Should Colorado implement daily hunting limits on furbearers?

When it comes to imposing a daily limit on the number of furbearers a hunter can legally kill, the agency has offered two options. The first is a limit of 15 that applies to all furbearer species hunted for sport in Colorado. According to Clellan, this is still the agency’s recommendation.
The second would apply a limit of eight or four, depending on the species. The higher limit of eight would be applied to species identified by state law as those that can cause property damage: badger, bobcat, beaver, coyote, muskrat, striped skunk, western spotted skunk, raccoon and red fox. The lower limit of four would be applied to mink, opossum, marten, ring-tailed cat, gray fox, swift fox, long-tailed weasel and short-tailed weasel.
In her memo, Clellan said the reason Parks and Wildlife is considering a limit is in response to perceptions that there is a “regulatory loophole allowing unlimited, unsustainable harvest and a regulatory gap between how furbearers are managed in comparison to small game.”
She added that it would also help maintain “social acceptance” of recreational hunting of furbearers.
“There is no information that suggests reducing harvest is necessary to sustain adequate furbearer populations throughout their respective ranges in Colorado,” Clellan wrote, adding that daily limits would only “affect a small number of hunters or trappers, as the vast majority of Colorado furharvesters take only a few animals, even across the whole harvest season.”

Should Colorado ban the commercial sale of furs from furbearers?
In a July issue paper identifying potential options for a ban on the sale of fur, the agency gives three potential options for the commission to consider. Parks and Wildlife indicates that the alternatives offered are “substantially different” from the petition to avoid potential regulatory conflicts.
The first — recommended by Parks and Wildlife staff — is not to implement a ban, citing its previous denial of the petition. Clellan wrote in the denial recommendation that there was no “solid evidence that commercial fur sales drive harvest levels in Colorado.”
The second option would prohibit the sale of “fur products,” defined as the pelt, hide or any part of a furbearer hunted in Colorado. The third would ban the sale of “raw pelts,” referring to the skin or any part of the furbearer intact with skin that has not been tanned. Both would only apply to fur sales within the state, meaning an animal legally hunted in Colorado could still be sold in another state.
The agency reports that both of these would have enforcement challenges.
Both the second and third would exempt any furbearers killed for tribal uses or by private landowners and producers dealing with nuisance animals. The latter is currently legal under a state law that allows these individuals to kill nine of the furbearer species for causing damage to crops, private property or livestock without a license.
In between the March and July meetings, Parks and Wildlife solicited feedback on a potential ban on its EngageCPW.org website and through several stakeholder groups.
The survey received 726 responses, with 57% opposing a commercial fur sales ban. Opponents said the proposal lacks scientific justification, goes against Parks and Wildlife staff recommendations, could hurt local economies and businesses, and would remove an important wildlife management tool.
About 38% supported the ban, citing animal welfare, ethics and the ecological importance of furbearers. Many said ending commercial fur sales would stop the commercialization of native wildlife, arguing that trapping and fur harvesting are inhumane and that the animals should be managed for their ecological value rather than commercial use.
The commission’s March decision to go against staff’s recommended denial of the petition has raised concerns about the overall direction of the board and agency.
“The consequence will be that now there is an onslaught of petitions coming your way that will tie up your CPW staff,” said Rio Blanco County commissioner Callie Scritchfield at the commission’s May meeting. “Colorado is moving more and more toward ballot-box biology, and now petition biology. This allows for management based on emotions and politics, and I haven’t seen any evidence that that’s more successful than managing based on our science and experience on the ground.”
Others, however, supported the commissioner’s decision to allow the petition a hearing. In May, Delia Malone, an ecologist based in Redstone, said the “vote to support an ethical, science-based relationship with our natural world by voting to protect native furbearers from commercialization has been one of the most important votes in Colorado in the last century.”
“The commission has made great progress in moving Colorado towards the ethical ecological light of the moral universe and out of the scientifically unethical world where guns dominate wildlife management, and killing is misconstrued as conservation,” she said.
Colorado
Colorado reports 90 cases of Cyclospora this year: Here’s what health officials want you to know
As health officials investigate a growing multistate Cyclospora outbreak, Colorado public health leaders say there is no evidence of an increased risk from produce sold in Colorado.
The Colorado Department of Public Health and Environment (CDPHE) has recorded about 90 Cyclospora cases so far this year, according to State Epidemiologist Dr. Rachel Herlihy.
“We typically annually see about 167 cases of this infection in the state,” Herlihy said. “We do typically see more infections due to Cyclospora in the spring and summertime.”
Cyclospora is a parasite that causes an intestinal infection known as cyclosporiasis. Symptoms typically begin about a week after exposure and commonly include watery diarrhea, stomach cramps and nausea.
“It is not pleasant, that’s for sure,” Herlihy said. “But we don’t see high hospitalization rates associated with this particular infection.”
The parasite is most often spread through contaminated food or water. Produce such as leafy greens, herbs and berries has been linked to previous outbreaks.
“This particular parasite can be difficult to wash off of produce,” Herlihy said. “It can stay attached to greens or herbs or berries, even after you wash them.”
The warning comes as federal investigators work to identify the source of a growing outbreak affecting several Midwestern states. While the CDC’s public dashboard currently lists only 1 to 10 Colorado cases, Herlihy said those numbers are outdated because they only include reports through the middle of June.
“The outbreak that is occurring outside of Colorado really appears to have started to increase significantly in late June,” she said. “We certainly expect the CDC numbers to go up because the state health department numbers that are not yet reported on the CDC website are much higher.”
Reba Pousma, who lives in the Denver area, has been suffering from symptoms like the parasite for a week. A doctor she spoke with believes Cyclospora could be the cause of her illness, though her source of exposure has not been confirmed.
“It’s definitely different from regular food poisoning,” Pousma said. “I wouldn’t wish this on my worst enemy.”
She believes her symptoms started after eating a salad last week. She’s still battling stomach cramps, exhaustion and relentless trips to the bathroom.
“I’m on day five now of going to the bathroom over 40 times a day, and nothing has been solid,” she said.
She posted about her experience online, and the video has drawn thousands of comments, many from people who say they’re experiencing similar symptoms.
“There’s a lot of people commenting that they’re experiencing the same symptoms,” Pousma said. “I think some people are worried, and some people are like, ‘Oh my gosh, this is me too. Thankfully, somebody’s talking about it.’”
Unlike the Midwest outbreak, Herlihy said most Colorado cases reported so far this year have been linked to international travel, not food purchased or consumed in Colorado.
When someone tests positive, CDPHE investigators conduct detailed interviews about where they traveled, what they ate, restaurants they visited and grocery stores where they shopped to help identify possible sources of exposure.
Testing for Cyclospora requires a stool sample, typically using a PCR test that detects the parasite’s DNA.
Most people recover without treatment, but Herlihy said symptoms can linger for weeks and may come and go. Antibiotics can shorten the illness, particularly for people at higher risk, including young children, older adults and those with weakened immune systems.
For now, CDPHE says Coloradans don’t need to avoid fresh produce but should continue to follow safe food-handling practices by washing produce under cold water, washing their hands before and after handling food, scrubbing firm fruits and vegetables when possible, and refrigerating cut or cooked produce promptly.
“There is no reason to believe that there’s any increased risk of exposure to Cyclospora from eating produce in Colorado,” Herlihy said. “But it is always a good idea to thoroughly wash produce.”
For more information, visit the CDC website.
Colorado
Body found in western Colorado believed to have been eaten by bear
An investigation is underway after authorities found a body near a picnic area in western Colorado last weekend that appears to have been eaten by a bear.
The Mesa County Sheriff’s Office says the human remains were located on Sunday near the Wild Rose Picnic Area off Lands End Road on the Grand Mesa. Investigators say the remains were scavenged and scattered, and they believe the person was consumed by a bear and other wildlife.
The Mesa County Coroner’s Office is working to identify the person and officially determine their cause of death.
The sheriff’s office is asking anyone who was in the area of the Wild Rose Campground between June 22 and July 5, 2026, and noticed anything suspicious to contact Investigator Jenna Reed at (970) 244-3274.
They added that Colorado Parks and Wildlife believes there is no threat to the community at this time.
The area is home to black bears, and the MCSO shared several guidelines for the community to prevent human-bear conflicts:
- Stay alert and together: Go with others when possible, keep children in sight and close by, and avoid using headphones so you can hear your surroundings.
- Food safety: Double-bag food, pack out all food and trash, and don’t burn scraps and trash in fire rings/grills or leave them behind.
- Pet safety: Keep dogs on a leash at all times or leave them at home; don’t force a bear to defend itself.
- Camping safety: Set up camps away from dense cover or natural food sources and do not cook or store food near/in a tent. Secure food in bear-resistant containers or suspend at least 10 feet above the ground and 10 feet away from any part of the tree.
- Know how to respond: Don’t approach bears; quietly move away. Never run, as it may trigger a chase response. If a bear approaches, stand your ground, wave your arms, and yell until it leaves. Stay with your group, use bear spray, and fight back aggressively if necessary.
- Bear spray: Carry bear spray and know how to use it correctly. It’s not repellent; don’t spray your tent, campsite, or belongings.
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