The Minting Factory

The Real Estate Revolution starts by minting properties into NFTs. In the Minting Factory, properties are evaluated and broken down by cash-on-cash return, cap rate, and estimated return over a 5-year holding period. Each property will have supporting financials, home inspection, and an appraisal completed by a third party.

Setting the purchase price

The purchase price is chosen by the seller and offered to the BlockPark community who has 30 days to purchase. Should the listing price be reached*, or the seller accept the amount funded by the community, the property is then minted into NFTs for $100 each. (i.e. $1,000,000 listing price = 10,000 NFTs)

Fractional ownership

For each property made available on BlockPark, multiple NFTs will be minted. Each NFT represents fractional ownership of an LLC that is backed by the property and exclusive to that property only. With partial ownership now being made possible, participants can become shared owners of properties with NFTs that represent tangible, income producing assets.
*If the listing price is not met, funds are immediately returned to the community at no cost.

Ownership rights

Each NFT will come with 2 ownership rights.
  1. 1.
    The right to receive a dividend equal to the property revenue divided by the share owned
  2. 2.
    The right to govern the property as part of a DAO
Investing in Real Estate is easy as NFTs can be purchased using USDC tokens which are stable coins pegged to the US. Dollar.