Is Property 888 a Real Estate company?
No, it is a technology platform, incorporating Cryptoeconomics 3.0.
Is Property 888 a Realtor?
No, it is a listing platform for various property owners, project owners, and project developers, who seek to maximize the hidden, and or full value, of their property.
How can Real Estate Brokers and Agents use Property 888?
Brokers and agents can list their catalog of properties, with contact information for potential buyers, and will require use of a Web3 Cryptocurrency wallet approved by Property 888 to login to their profile page.
Does Property 888 take part in the sale of properties, or handle any aspect of the sale of properties listed?
Unless stated otherwise, all property sales are carried out by lawyers, brokers, or agents licensed in their respective jurisdiction.
What if the seller of the property desires to be paid in Cryptocurrency?
If it is a private sale, the seller can instruct their lawyer to furnish the seller Crypto wallet address for direct payment
If there is a lien of the property, the bank would be required to furnish its Crypto wallet address for payment.
The bank would then be responsible for the remaining balance to be paid in Cryptocurrency, providing the bank provides such a service.
Who are the listed partners for Property 888?
The listed partner section are approved partners across various industry specific disciplines, that is key to the Real Estate sector, who are chosen by Property 888, based on their impeccable professional business track record.
Is Cryptocurrency Money, is it a Currency?
Cryptocurrency is not money, nor is it a currency. Though Stablecoins such as USDT, and USDC are coined as Cryptocurrency. They are actually a private centralized, digital representation of the US dollar.
What advantages are there to Property 888, and what major problems does it solve?
There are several advantages to Property 888, it reduces the ability for property owners to be defrauded by lawyers, developers, contractors, eliminate undervaluation of their property from valuators, and turns an otherwise illiquid asset into that of a highly liquid asset, with minimal downside risk, in addition to allowing for the design, and construction, of ultra modern AI design, high end, and affordable housing, at highly competitive cost.
How does the 0% interest loans work, and how does Property 888 make money, while offering 12% in reward tokens?
The 0% interest loans are provided through Property 888 DeFi protocol, by way of liquidity pools, where liquidity providers earn fees from liquidity pools, while obtaining rewards tokens, in LP tokens of choice, with the latter widely used within the Property 888 ecosystem. Borrowers repay 0% interest loans using specific LP tokens, which is converted to the tokens supplied by the liquidity providers. Property 888 adds a fee for the use of its platform, that is factored in the value properties listed.