Description
Lofty AI is a blockchain-based platform that democratizes real estate investment by facilitating fractional ownership through AI tokens, allowing for investments as low as $50. It utilizes the Algorand blockchain for secure, efficient, and speedy transactions, enhancing the liquidity and accessibility of real estate investments. Investors can buy and sell shares on a secondary market, partake in daily rental income distributions, and influence property decisions through a governance system wherein a Supermajority (60%+) vote dictates actions from rent adjustments to repairs. The platform's use of an AI-driven process for listing properties further assures the potential for value appreciation. Algorand's blockchain, known for its low fees and high transaction speed, supports Lofty AI's infrastructure, distinguishing it from competitors by leveraging the technology created by Turing award-winner Silvio Micali.
Lofty AI is a blockchain-based platform that democratizes real estate investment by facilitating fractional ownership through AI tokens, allowing for investments as low as $50. It utilizes the Algorand blockchain for secure, efficient, and speedy transactions, enhancing the liquidity and accessibility of real estate investments. Investors can buy and sell shares on a secondary market, partake in daily rental income distributions, and influence property decisions through a governance system wherein a Supermajority (60%+) vote dictates actions from rent adjustments to repairs. The platform's use of an AI-driven process for listing properties further assures the potential for value appreciation. Algorand's blockchain, known for its low fees and high transaction speed, supports Lofty AI's infrastructure, distinguishing it from competitors by leveraging the technology created by Turing award-winner Silvio Micali.
