Real Estate on-chain, non custodial, compliant & technically DeFi compatible

After 12 months of work, we are finally ready to release our first carefully crafted tokenized real estate offering. It's a modern property tailored for the short-term rental market, located in Canggu, Bali, with an annual yield of 10%+ on the principal. The offering is available through our Telegram community; KYC, subscription, and minting are whitelisted and will take place on Venture Club's portal. You can see the detailed offering here

The offering enables investors to acquire a part of the economic interest in the property, granting them a portion of the monthly rentals and exposure to the asset's appreciation. All paperwork, taxes, management, and fiat-to-stablecoin conversion are handled by us, enabling investors to enjoy passive income from the comfort of their non-custodial EVM wallet.

Regarding the structure, we have partnered with Venture Club, which specializes in providing the technical and legal infrastructure to bring real-world assets on-chain via a compliant US vehicle. This vehicle involves securitizing and tokenizing an SPV that holds the economic rights of the property and issuing it under a Reg D 506(c) offering as an NFT, following KYC, lockups, and accreditation rules.

This is our first offering, meant as a PoC to learn the requirements involved in bringing real estate onto the blockchain as crypto assets that are non-custodial, compliant, and technically interoperable with DeFi.

Thanks for the read, If you wish to join our private community you can join here , and view the offering here. Also don’t forget to drop us some love on our X

Subscribe to Øxprop
Receive the latest updates directly to your inbox.
Mint this entry as an NFT to add it to your collection.
Verification
This entry has been permanently stored onchain and signed by its creator.