Crypto

Property rental 3.0: available thanks to NFT Wincity

We often think of stone as the last option when we think about investing. In addition, people around you will tell you that the property itself will increase in value in the long run, and if you need it, you can compensate for it with rent and in a short time. Wincity covers the blockchain and real estate sectors precisely, and if you want to know more, here are the details.

Let real estate investment diversification begin

Often, when you decide to invest in real estate on a personal basis, you face many obstacles. In truth, in order to do something well, you must know the market you are investing in, have significant capital, have the time to search for real estate, and finally, buy and rent a rare gem. To break down these boundaries and give everyone the opportunity to invest, wincity has found an authorized approach, which is to distribute funding in the form of NFTs.

The money raised from the sale of each division allows Wincity to raise funds to purchase properties. The asset-pegged NFT holders then receive a monthly passive income (in Ether) according to the following provisions:

  • Monthly rental income: WinCash
  • Capital Gains From Property Assessed Annually: Value Added Gains Win Capital Gains
  • Capitalization through the effect of financial institution leverage inherent in real estate mortgage fees. It is not paid, but is added to the cost of the box every month: WinCapital.

Referring to the public sale provided by Wincity on their website, you will be able to buy these NFTs in Ethereum as well as in Euros with a credit card. Once you receive your non-fungible token, you will automatically start receiving your monthly rewards in your pockets. In short, this offer is enough to intimidate daddy’s agencies.

Master Management in Lille

After its first profitable operation in Paris, Wincity has launched another NFT collection that promises to be interesting on its platform. The goal this time is to acquire commercial premises in Lille. Fundraising through the NFT sale went smoothly. After the success of the first operation, investors had high hopes.

Unfortunately, however, the owner of the building that was to be acquired by Wincity decided to exercise his right of first refusal. Under French law, the tenant has priority if the property he occupies is put up for sale. Thus, if its owner makes an offer at the asking price, he will not be able to refuse it. There was nothing Vincity could do, no matter how much money he collected.

Very practical if this is an undesirable state of affairs, and so Wincity has fully responded by offering its customers three options:

  • Get the full return on funding;
  • Wait for a 4-month pre-emption interval in the hope that the tenant will not advance it;
  • Use funds for a future purchase.

Made an alternative full refund, and later in euros. A serious commitment that contrasts with certain initiatives.

Victoria

Passionate about cryptography, NFTs and everything related to the blockchain, I share all my tips with you on my blog! Attention, I am not an expert and what I say should by no means be taken as absolute truth. I am not an investment consultant 🙂

Also find my articles on my LinkedIn account!

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