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Landshare is Bringing Real Estate to The Blockchain with Tokenized Properties

Landshare is Bringing Real Estate to The Blockchain with Tokenized Properties


NewsBTC
2021-11-07 08:01:03

Landshare is bringing real estate to the blockchain by allowing users to own real estate through tokenized assets. The tokens derive their value directly from the value of the asset and ownership of the tokens represents a real-world ownership stake in the assets. The revolutionary project presents investors a way to invest in the real estate market without having to worry about property costs, maintenance costs, or rent collection on the properties which they own. Basically, Landshare tokenizes the properties while managing the real-world properties for the benefit of its holders. How Does It Work? Landshare purchases real estate properties, which investors can own a stake in by purchasing Asset Tokens. Landshare then rents out these properties and the proceeds from rent collections are distributed to token holders monthly. When an investor purchases Asset Tokens they are purchasing a stake in a real-world property. An example of this is Landshare purchases a house somewhere. It makes sure that the house is up to standard and then rents out the house. However, unlike owning physical property, investors do not have to worry about maintenance and upkeep of the property. Landshare manages the property on behalf of the investors and as long as investors hold on to their tokens, they get paid monthly dividends from the rent being paid on the property. How Safe Is Landshare? Investments in Landshare tokens are secure and a guarante...


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