KodoAssets Real estate and Tokenization
Real-estate assets have long been known as potential assets. There are many reasons, including its value which tends to strengthen due to the continued demand and less availability. In addition, real-estate can also provide passive benefits when rented out.
Even so, not many people can buy real-estate. Because the price is so high, it is not affordable for most people. Even for some people with high incomes, they need time to collect the money before buying real-estate.
However, thanks to blockchain technology, real-estate can now be tokenized by converting ownership into digital tokens that can be easily transferred. In addition, tokenization also makes it possible to break down asset ownership into smaller units, so the purchase price can be cheaper.
One of the real-estate tokenization platforms that will launch its first real-estate token is Kodo Assets. The company is headquartered in Sao Paolo, Brazil and has been working on its first tokenization project also in the city.
Their first token is called KODO1, which is a real-estate token that represents a commercial property in the faria lima area, the city of Sao Paolo, Brazil. This token is planned to be sold to the public on March 21.
KODO1 itself is published on the Polygon network and can be purchased using USDC. The offering price for a KODO1 token is $140 USDC, with a minimum purchase of 1 token. While there is no maximum limit.
The KODO1 token promises returns in the form of dividends generated from property rental fees. Quoting from its whitepaper, the expected return from KODO1 is 6% per year. And there will be adjustments every year, thus allowing the dividend rate to continue to increase.
Although the new offer will be made on March 21 to come. However, now investors can register for the white list and get priority for purchasing these tokens. In addition, investors who are included in the White list also have the potential to get cashback of up to $ 10,000.
Now, for information on purchasing KODO1 tokens, or other information. Please visit the www.kodoassets.com website.
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