Bitcoin Forum
July 07, 2024, 06:32:26 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Buying property with bitcoin in a new way  (Read 90 times)
WalletPlus (OP)
Copper Member
Jr. Member
*
Offline Offline

Activity: 94
Merit: 1


View Profile WWW
September 30, 2018, 06:12:24 PM
 #1

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 Smiley

Money is power, and power loves money
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!