If our company ends up shutting down (90% of startups will fail), you will, at most, experience a slight inconvenience. We do not hold any real estate assets. We operate more like a brokerage firm; while the homes on our platform are registered there, they reside in large funds or at large financial institutions. In case of bankruptcy, you will be issued general shares in those funds. If you wholly own a home, then it is already yours.
At the moment, we are only planning to launch in the US.
We generate revenue from interest earned on rent waiting to be paid out, premium memberships for tenants, property management fees paid for by residential REITs, and through a process similar to payment for order flow.
The only other company I can think of that is doing something similar is Fundrise (
https://fundrise.com/), but your money is locked in once it is invested, and they don't allow you to pick and choose individual properties.