6.0 Business Model
Last updated
Last updated
Token holders for utility purposes are individuals, enterprise, and funds who use the platform and interact with smart contracts. Users will be required to use PROPS as a uniform method of settlement for all transactions on the platform.
The Propbase team of industry experts seek out the best possible properties, using research-driven analysis, backed by a data-driven approach. Only quality properties that meet regulatory and legal requirements are listed on the platform.
Our properties offer the benefits of monthly rental cash flow and long-term asset appreciation. All income-generating properties are backed by guaranteed leasing returns offered by property management companies for a fixed period of time.
Business model of the Propbase marketplace, registry, and transaction platform, will comprise of:
A percentage of the transaction fee for records updated on the Propbase registry and transaction platform, using PROP tokens.
A percentage of the property transfer process equal to percentage of the property value paid by the seller, in PROP tokens, the fiat equivalent at the time of transfer.
Both of the above income streams, will be allocated as follows;
5% Rewards Protocol, for user growth acquisition.
5% Foundation, R&D and regulatory framework.
90% Company, administrative and development costs.
