How to Qualify for Crypto Funding for your Real Estate Project
Borrowing from the traditional bank to fund your real estate project is not easy. There are so many requirements before you get the desired funding. However, with the entry of blockchain and crypto, it is very easy and fast to get funding. Funder One Capital, a real estate tokenization ecosystem powered by blockchain makes it easy for you to qualify for crypto funding for your residential or commercial project.
Qualifying for funding has been made easy thanks to combining blockchain, Artificial Intelligence and tokenization. The platform automates all the processes and makes it easy for the trader to navigate the system and close deals fast and securely. This brings closer two markets; the physical and the digital.
The UK based platform seeks to make real estate tokenization a sustainable digit economy. The crypto asset backed tokens and their anticipated scarcity are designed to make your investment appreciate in a market where the demand for housing is always on the rise. So how do you qualify for crypto funding on the ecosystem?
Easy Real Estate Crypto Funding
As an entry point into the token economy, you are not required to present any form of collateral. The system makes it overly easy to qualify for funding. However, for the platform you are required a 10 percent on family homes and condos, two to four units attract 15% while commercial property attracts 35 to 45 percent.
This is affordable compared to traditional real estate qualifying where you are required to show proof of employment, income and tax return records. What’s more, the process is manual and a lot of forms including W-2 forms. This makes it easy to qualify for crypto funding for tokenized property leading to global adoption.
Tokenized Funding Program
Your funding depends on your individual requirements; it could be you are building or buying a home, condo or luxury resort anywhere in the world. Since banks cannot fund you with 100 percent crypto and that is why a platform riding on blockchain is the best suited for your needs. What’s more, you get funded 100 percent.
Funder One Capital has developed a peer-to-peer marketplace with a non-recourse funding option. The system tokenizes your asset and converts its value into tokens backed by Smart Contracts. To avoid giving the middleman profits, the platform has automated transaction processes to increase your return on investment.
Non-recourse funding can only apply on blockchain since all the transactions are triggered by Smart Contracts once set parameters are fulfilled by the transacting parties. Non-recourse bars the funder from pursuing your other assets under your name.
Global Pool of Real Estate Investors
Since the platform I decentralized, it is therefore not geo-targeted and this opens up the entire market for you to interact in trades. What’s more; you can accumulate tokenized real estate assets through trading and grow your property portfolio. With sound connection with the Collaborators and Owners you can easily benefit from the industry.
With crypto non-recourse funding offering an easy entry point into a tokenized real estate, more funds are set to flood the market. This coupled with the unending property demand is set to add more liquidity in the traditionally illiquid sector. Joining Funder One Capital is a surefire way to build a solid foundation in real estate.