Our platform helps you purchase a property without a mortgage.
To break down the problem in the property market, we studied it in 2 different country types:
Countries with the proper banking system and line of credit. Investors can get a loan for 60-90% of the actual price.
| Problems | Solutions |
|---|---|
| Mortgage rate increase. | No mortgage. Buy in small portions. |
| Foreclosure - Losing a property by failing monthly repayments. | No Foreclosure event as there is no loan. |
| Inflation. | Instead of growing a saving account, invest in a safer asset like property. |
| To diversify, you need to get more loans. | Being able to diversify by making it cheaper to buy. |
| Limited to your country or city due to the complexity of legal work. | Remove the legal work or automate it. |
| Slow and hard to liquidate. | Make it cheaper to buy so easier to sell. |
| Cannot liquidate only a portion of it. | Being able to sell just as much as you want. |
Countries without the proper banking system and no credit line. People usually rent and save until they can buy.
| Problems | Solutions |
|---|---|
| No mortgage. Need to save aggressively for 30 years. | Buy in small portions. |
| Renting while you save to buy. | Paying less rent as you save. |
| Inflation. | Instead of growing a saving account, invest in a safer asset like property. |
| To diversify, you need to be rich. | Being able to diversify by making it cheaper to buy |
| Limited to your country or city due to the complexity of legal work. | Remove the legal work or automate it. |
| Slow and hard to liquidate. | Make it cheaper to buy so easier to sell. |
| Cannot liquidate only a portion of it. | Being able to sell just as much as you want. |
The property market is the most stable market, with $300 trillion. But due to the surge in price, it has become an asset class that the younger generation has lost appetite for entering. 99% of them are losing money on flipping NFTs and scam coins in the hope of getting rich quickly.
The solution is to make property investment cheap again. How? Similar to how you buy shares in a company, you should be able to buy a portion of a house, land, or shop. And instead of saving for 30 years or getting high-risk mortgages from institutes, we should be able to put our money together to buy it risk-free.
But imagine 1,000 people putting $1000 to buy a property. It will be chaotic to make any decision, right? Yes, it was till today.
How do we do it? We use technology and automation. Blockchain is used primarily by scam projects to shill coins and worthless NFTs. But you need to understand what it is to understand the solution.
<aside> 💡 What is blockchain as technology? Blockchain is not BTC and not ETH. Blockchain is a database like an excel file. It is a ledger to show who has what and who has done what. But instead of being controlled by one person or a business, it is controlled by many (even you can participate). So no one can manipulate it.
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<aside> 💡 What is Smart Contract? It is like an ordinary contract you and I can write and sign to agree on some terms and actions. But instead of having paper, lawyers, and judges to enforce it, it is enforced by code. And once you and I agree on it, we cannot exit it unless both of us have done our duties as the code is the law. You cannot bribe smart contracts 😉.
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