How does lofty AI make money?

How does lofty AI make money?

Lofty AI properties are liquid. You can sell your tokens any time for no fees or penalties. Each property has been vetted by our flagship A.I. and a local boots-on-the-ground investor. You receive daily rental income and tokens update in value on a monthly basis based on the value of the property itself.

What is lofty app?

With the Lofty Coffee app, you can now mobile order ahead and skip the line. Use the app to mobile order, view previous orders and favorites, and much more.

How do I Tokenize my house?

Suppose you want to tokenize a 100,000 sq ft property that's worth $30M. A simple way to divide the property into shares is to offer one share for every square foot. So you would divide the property into 100,000 shares, each representing one square foot of the property and valued at $300.

What is fractional real estate investment?

Fractional ownership is a type of commercial real estate investment that provides individuals with a fractional share of a property rather than purchasing 100% of it. The benefit of this approach is that it can provide investors with access to institutional quality deals that they likely could not afford on their own.Oct 2, 2021

How do you tokenize real estate?

The process of real estate tokenization involves converting a real estate asset into a token on the blockchain and putting it for sale. You can also create tokens for properties under construction. These tokens represent an interest in real estate or can work to raise capital for investment development.

What does it mean to tokenize real estate?

Tokenization, as it pertains to real estate, is the process of creating a virtual token that would represent ownership of a type of real estate asset. This is similar to the recent digital asset craze, non-fungible tokens (“NFTs”), except a real estate token would be tied to the value of a physical asset.

Can you tokenize anything?

You can tokenize anything that you own or can create, but it's worth choosing something that might hold its value (which is why the current NFT market features so much "art").

What assets can you tokenize?

Whether it be paintings, digital media platforms, real-estate property, company shares, or collectibles, everything can be tokenized on a distributed ledger.

How does fractional real estate investment work?

Fractional real estate investing is essentially purchasing a portion of an investment property. A group of like-minded investors pool their money together, allowing them to invest in higher-value properties than they otherwise would have access to.

What is a fractional in real estate?

Fractional ownership is a form of collaborative consumption where the overall cost of a property is split among a group of owners or users. Fractional ownership in real estate is typically arranged through a property management company that oversees the regular upkeep of the vacation home and restocking of food.

What is fractional investment?

A fractional share is when you own less than one whole share of a company. Fractional shares allow you to purchase stocks based on the dollar amount you want to invest, so you may end up with a fraction of a share, a whole share, or more than one share.