We speak to brick_trade Founder Guv_Kang about how his company is contributing to the future of real estate, defi, and more.
https://bricktrade.co.uk/
Thanks Jack Boreham Bricktrade is a real estate tokenization platform, delivering fractional investments and property ownership by accepting crypto and fiat. My co-founder for both Waterfronts & Bricktrade is Mandeep Kang, also my wife over this time; She has in-depth knowledge of property, finance & mortgages for over 15 years with institutions and banks, residential and commercial mortgages, underwriting and funding.Property prices increase exponentially, where average people cannot afford the average house, needing large injection of cash.
Does Bricktrade pay for the property outright and then divide the % of ownership among everyone on the platform? Or how does that workGreat question Limarc Ambalina Fractionlization is the process of representing equity in an asset, company or debt. It allows Bricktrade to split up assets into smaller portions for individuals, companies and institutions to invest into.
3. On ready built assets we would set up a company structure for the purchase to be made through and Bricktrade will act as a nominee and manage the sale. The amount of investment each investor invests, will represent a percentage of ownership within the company.Do you need to purchase Bricktrade's token to invest in these properties or can you use fiat?Hi Guv Kang! Great to have you with us.
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