The Asset Backed Tokens
The Tokens that are issued have the specific property they are issued for as pledge. Their value is established at the ICO. Every month, the interest is added to this value. The tokens will be entered onto exchanges, so they can be sold or bought.
The lessee pays on a regular bases an amount to the foundation, consisting of interest and redemption. The foundation uses this payment to buy back tokens. The foundation does this for ICO value and added interest.
When all tokens are bought back, the lease is finished and the legal ownership changes to the lessee. He now legally owns the property.
Selling the property when there are still outstanding tokens
When the lessee wishes to ’sell’ the property, an appraisal is made by a sworn in appraiser. In this way we can establish that the price that is offered for the property is correct and there is no attempt to disadvantage the tokens owners.
If the value of the property transcends the ICO Value, the profit is shared over all tokens. In this way, everyone profits from the raisen value and the selling transaction.
When the value is lower than at ICO, the lessee is obligated to buy the coins back at ICO value. In this way the investors in the tokens have a ground level.
Only when transactions are handeled in a proper way, the foundation hands over the legal ownership of the property.
Why invest in housing?
We believe that everyone that can reasonably afford it should own their own house. If we as a community can work something out that helps families to move to a surrounding where they can raise their children in a safe and responsible way, we at Walnut believe we should contribute.
Why lease your house?
Not everyones circumstances allow them to obtain a mortgage or have own money. We want to offer an extra channel to see if we can realize your dreams. Without loosing sight of the financials, but with reason. We are obliged to our investors to do so.
Interested in investing in an ICO?
We will be launching the first ICO soon. Please subscribe to our newsletter and checkout social media to keep informed. When we launch this ICO, please read the whitepaper carefully. If you have any questions, do not hesitate to ask.
Interested in leasing your house?
Please contact us, so we can inform you in detail.
We would like to hear your comments, remarks, criticism. We believe we could learn from that. Please contact us on social media, telegram or by e-mail.