Blockchain is becoming a very popular part of real estate as a means of both ownership and financing.
Here’s how fractional ownership works in real estate via blockchain.
1. **Tokenization**: A property is divided into digital tokens, each representing a share of ownership. For example, if a property is tokenized into 100 tokens, owning one token means you own 1% of that property.
2. **Buying Tokens**: Investors can purchase these tokens instead of buying the entire property. This makes real estate investment more affordable, as people can invest smaller amounts of money.
3. **Blockchain Ledger**: All token transactions are recorded on the blockchain. This ensures that ownership records are secure, transparent, and easily verifiable. Everyone can see who owns which tokens without compromising personal information.
4. **Revenue Sharing**: If the property generates income (like rent), the profits can be distributed to token holders based on the number of tokens they own. For instance, if you own 10 tokens, you’d receive 10% of the rental income.
5. **Liquidity**: Selling tokens on a blockchain platform can make it easier to liquidate your investment compared to traditional real estate, where selling a property can take time.
6. **Lower Barriers**: Fractional ownership allows more people to invest in real estate without needing a large sum of money. It opens up opportunities for diverse investors to participate in the market.
In summary, fractional ownership through blockchain makes real estate investments more accessible, efficient, and secure!