# KODO ASSETS

By [TheMonkey](https://paragraph.com/@themonkey-2) · 2023-04-03

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Through Blockchain technology for smart contracts, it is possible to create new cryptocurrencies that can be given parity with any existing physical asset, such as real estate and gold, for example in the case of Pax Gold.

And this is what Kodo Assests is about, tokenizing properties and giving their holders all the rights that derive from that property.

Through the acquisition of the KODO1 token, each investor will receive in the form of dividends, their corresponding part of the income received from the rental of the property, and later by the capital gain at the time the sale is made.

At first, the payment of said earnings was chosen in the USDC stablecoin and the chosen network where the tokens will be issued will be POLYGON.

This generates a series of advantages, for example, once the initial verification requirements of the token holder are met, it is possible that these tokens are offered and retained by an indiscriminate number of people.

This would allow, instead of offering autonomous units, the property is divided into as many tokens as square meters.

Another great advantage is that since the token is part of a smart contract, the dividends and any other earnings will be distributed directly to the wallets of the KODO1 holders, which allows a higher profit margin since all types of fees and values would be avoided. payments for registrations and any other commission existing between the purchase and sale of real estate.

Due to the possibility of great growth in the real estate area, his first project was decided to tokenize a property located in Sao Paulo. It is a commercial property located in the

financial center of the city of São Paulo, in the Faria Lima region, at Calle dos Pinheiros, 1673, cj. 62, São Paulo, SP, Brazil, SQL 015.073.1023-4.

The total area of the property is 1,144,525m2, with a BOMA area of 552.58m2, a private area of 473m2 and a common area of 671,525m2,

according to registration number 141,264, registered in the 10th Royal Real Estate Registry of São Paulo.

Some details of the KODO1 Token:

\*\*A total of 25,000 tokens will be issued in which they have NO plans to issue more or any policy for burning it.

\*\*Each token will be offered for $140.00, in addition to the cost of KYC/AML verification, which will be $13 per

individual user and $25 per corporate user.

The minimum purchase amount is 1 token and there is no maximum purchase limit.

\*\*The total value of this offer is US$3,500,000.00.

\*\*This token offer will take place between April 10, 2023(\*) and September 9, 2023(\*) or until the 25,000 KODO1 Tokens are completed

sold out, whichever occurs first, and may be changed according to criteria of opportunity and convenience, to be defined by Kodo Assets

Dates subject to change.

For more details of the project:

[https://www.kodoassets.com/](https://www.kodoassets.com/)

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*Originally published on [TheMonkey](https://paragraph.com/@themonkey-2/kodo-assets)*