Example Investment: Crypto Tower
Coinvesting's vision with the Crypto Tower is to erect the first building in the world built entirely using a smart contract. The tower comprises of 150,000 square feet of leasable space and is devoted to establishing a community-owned ecosystem. Each square foot is equal to one NFT. When you own several NFTs, you also own an equal amount of square feet within the tower. Therefore, an NFT represents a proportional share of the quarterly revenues of the building and offers the NFT owner the chance to take part in the DAO.
A square foot in the Crypto Tower is counted the same whether t's in a restaurant or a penthouse. The profit is distributed equally amongst everyone. By putting the functionality of smart contract to this remarkable structure, we are not only revolutionizing the process of investing in real estate, we are also unleashing the genuine potential for which NFTs were fundamentally intended and applying their functionality to this tower.
The First Tower on the Blockchain
Accountchain.com records all transactions, including the cost of building the tower (cement, bricks, steel, labor, etc.)
With the use of distributed ledger technology, every transaction will be open and accessible to the entire public. The use of blockchain technology, which provides a verifiable evidence of ownership, is increasing overall transparency and security in the real estate industry.
The First Tower on the Blockchain
Accountchain.com records all transactions, including the cost of building the tower (cement, bricks, steel, labor, etc.)
With the use of distributed ledger technology, every transaction will be open and accessible to the entire public. The use of blockchain technology, which provides a verifiable evidence of ownership, is increasing overall transparency and security in the real estate industry.
