Binaryx lets you invest as little as $500, become an official landlord of a tokenized Bali penthouse, and start earning rental income on a marketplace powered by blockchain technology.
Sounds good so far? Now, let’s explore what tokenization is, how we ensure that you own the property in the real world through tokens – and what exactly you can earn on Binaryx Platform!
Today, there’s a rapidly growing trend for the tokenization of traditional (“real-world”) assets like real estate, gold, and stocks: their ownership rights are transferred onto the blockchain. This unlocks the following benefits:
Binaryx Platform tokenizes residential real estate. This is an immense market and it brings high stable yields to its investors, but it’s very inaccessible and non-transparent. This is exactly what we aim to solve.
Look at this chart: it shows how Bali real estate grows in price over the years.
The island demonstrates one of the world’s highest rental APR: up to 20% per year. Wealthy tourists from all over the world come here and rent apartments.
Ok, sounds cool. But what if you decide to invest in a Bali property in a traditional way?
First, you would need at least $50,000 for a starting payment. Then, you’d have to do thorough research to find all possible pitfalls and be ready for a few months-long paperwork related to buying the property, not to mention the taxation issues and managing the property. This is just too much hassle for such a high-yield market.
We started to explore the possibility of tokenizing real estate back in 2019. In 2021, multiple countries developed suitable legislation that allowed us to organize the process in accordance with the law. So we built a marketplace where:
We work according to a law that was adopted in the state of Wyoming, USA, in 2021. It allows for the creation of companies (LLCs) that are governed not by shareholders as usual but by token holders on the blockchain.
When Binaryx tokenizes a new property, here’s what happens:
It’s easy to prove that you own the apartment: you only need to demonstrate that you’ve bought the relevant tokens. This can be easily seen on a public blockchain explorer.
As the property price increases, your tokens will grow in value, too. Read more about the math of passive income on Binaryx Platform here.
We are currently selling the second tokenized penthouse on Binaryx Marketplace. Join the sale and become a Bali landlord today!
Binaryx Platform is building a next-generation ecosystem of investing in real estate. Here are the products that we are going to launch over the next year:
To learn more about the perks of investing in tokenized properties, see 5 Reasons to Invest in Tokenized Real Estate.