โš—๏ธHow it Works

How FractIt Works

FractIt empowers individuals to invest in real estate using both cryptocurrency and traditional fiat currency. Here's an overview:

Investment Process:

  1. Property Selection: Users can browse and select properties listed on the FractIt platform.

  2. Fractional Ownership: FractIt utilizes Fractible (FractIt's Non-fungible tokens) to represent fractional ownership of these properties. When a property is purchased, a corresponding Fractible is minted.

  3. Fractible Distribution: The minted Fractible NFT is then transferred to the buyer's digital wallet.

  4. Property Management: FractIt Trustee company takes care of the physical property's management and maintenance.

  5. Start earning: Once you have the NFT in your wallet, just stake it on the platform and start earning rental immediately, paid daily to you.

Fractible NFT 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 NFT for the underlying physical property.

In essence, Fractibles serve as tradable and redeemable on-chain tokens representing fractional ownership in real estate assets.

Last updated