@juli
Just saw that my rented apartment is tokenized by binaryx and my rent goes to 222 investors (- some operating fees).
Pretty cool to see crypto adoption becoming very normal now - even when some regulators fought hard against it & the first wave of builders gave up.
In 2018 I talked with many exchanges, sto platforms as the infra was ready (easy for this use case) but the legislation made it legally impossible in most regions and the few platforms had to build some walled gardens that had no access to secondary liquidity .. (too early, no pmf)
In 2021 at least Wyoming and some other states/countries made it easier - ofc the EU didn’t - and wealth accrues elsewhere now..
*Secondary market is still not good; prob most wealth accrues to construction developer, some to property investors (22% APY advertised & reinvesting for compound effect) but they can also get stuck when returns drop & they can’t get out. (20% feels fair for that risk-upside.) Couldn’t find info whether binaryx token $FORM investors get anything.
Ps: Getting bombarded with similar investment opportunities recently as they build build build on leverage & finance with investor capital + debt capital: get 20% investor capital and then borrow the rest from the bank…