AI Lofts recently announced the launch of its own liquid real estate market on blockchainie Algorand. Thanks to it, a wide group of users will gain access to investing in this sector.
Investing in real estate accessible to everyone - AI Lofts
The model developed by Lofty AI gives each user a chance to become a direct owner of the property and earn rental income. The condition is to purchase a token worth USD 50. The process of its acquisition is exceptionally fast and efficient, thanks to the solution based on the Algorand blockchain.
Properties selected by Lofty AI are verified by a special investment team, as well as by artificial intelligence. This allows for a precise assessment of market indicators influencing their value.
The goal of Lofta AI is to increase the liquidity of the real estate market and make it more accessible. Its implementation is to be possible, among others, by technology blockchain company Algorand. It allowed for the reduction of transaction fees and the implementation of advanced smart contracts favoring the automation of numerous functions and increasing the speed of transaction execution.
As a result, investors can count on lower minimum rates. They also have the option of liquidating their investments at any time, thanks to which they gain greater security.
Real estate investments supported by blockchain technology
Representing real estate tokens AI Lofts can be purchased by paying with a credit card or via an electronic transaction. Soon it will also be possible to pay for them in currencies based on Algorand. The proceeds from the lease are divided among the owners in USD, and soon the income is to go to the wallets of Algorand users.
The message of the Lofty AI project is to make market participants aware that investing in real estate does not have to be available only to people with considerable wealth. This is why a platform was created that allows you to invest in real estate in just a few minutes, with an expense of only $ 50.
The project also arouses enthusiasm among representatives of Algorand. As he stressed David Markley, Algorand's director of business solutions, blockchain technology is the key to democratizing finance. It also opens up many new opportunities in the area of real estate investment. The protocol designed by the company will contribute to the improvement of service, scalability and facilitate the process of decentralization, which is the future of many industries.