Fractional Real Estate NFT
Fractional real estate denotes using NFTs for estate properties in a novel way. Here, the property is registered as an NFT and is divided into numerous fractions based on the overall dimensions and price. Then, these NFTs can be sold to investors easily, and every NFT represents a portion of the asset. Price appreciation and passive income (in case the property is rented) can be possible through these fractional real estate NFTs. Such tokenization aids real estate to become a liquid sector, as it demolishes entry barriers and allows people to raise funds through Security Token Offering (STO).
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