⚗️How it Works
How Fractit Works
Fractit empowers individuals to buy real estate using both cryptocurrency and traditional fiat currency. Here's an overview:
Investment Process:
Property Selection: Users can browse and select properties listed on the Fractit platform.
Fractional Ownership: Fractit utilizes Fractible (on-chain digital assets/tokens) to represent fractional ownership of these properties. When a property is purchased, a corresponding Fractible is minted.
Fractible Distribution: The minted Fractible (token) is then transferred to the buyer's digital wallet.
Property Management: Fractit Trustee company takes care of the physical property's management and maintenance.
Start earning: Once you have the Fractible (token) in your wallet, you can claim your earned rental yield directly from the dashboard.
Fractible Tokens Functionality:
Liquidity: Fractibles are freely tradable on the Fractit marketplace, enabling users to buy, sell, or transfer their ownership easily.
Redeemability: At any point, Fractible holders can choose to redeem their tokens for the underlying physical property once they have collected 100% of the tokens.
In essence, Fractibles serve as tradable and redeemable on-chain tokens representing fractional ownership in real estate assets.
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