Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: WalletPlus on September 30, 2018, 06:12:24 PM



Title: Buying property with bitcoin in a new way
Post by: WalletPlus on September 30, 2018, 06:12:24 PM
I am working on a project.

I am thinking to implement in the future a system (platform) that will allow people to buy property together (homes, apartments, etc.).

This is how would it work.

Let's say a person wants to buy a home and the home cost $100k, he could via our platform make a "token sale".  But he needs to fund 51% of the value with his own money, and the rest can be bought by the token sale. This way he still owns the property and he can still sell it because he is the majority owner of that property (but only the 51%). Now he can buy back the tokens he sold via the token sale, but with an interest rate (interest are pure evil ) or maybe leave to the open market, like via an exchange.

It would be nice if 100% of the token could be sold but that would bring more lawsuits, problems...

I am posting this here because I would love the hear your thoughts?

Cheers :)