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Fraktion – A Brand-new Fractional Real Estate Investment Platform Built On Tezos
Fraktion’s mission is to make real estate investment more accessible by enabling entry-level investments from 10 euros.
The platform operates by tokenizing assets into security tokens, thus democratizing access to the real estate market.
By: Lee Evans
11 July 2023
Disclaimer
Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
The fractional real estate investment platform, Fraktion, has officially launched on the Tezos blockchain, ushering in a new approach to real estate investment.
There is a collaboration between Fraktion (built by the team at Functori) and Sezame seeks to provide as many people as possible the opportunity to invest in a profitable real estate project, while simultaneously supporting first-time buyers in becoming homeowners.
This partnership marks a major stride in addressing real estate accessibility and home ownership issues.
“Everyone is doing their part to shape this ambitious and collective initiative,” said Jonathan Cornea, Co-founder of Fraktion, on the launch day.
“We can’t wait for you to discover our platform and see how it will help simplify and automate the investment landscape and as part of our partnership with Sezame, home ownership.”
Fraktion’s mission is to make real estate investment more accessible by enabling entry-level investments from 10 euros. The platform operates by tokenizing assets into security tokens, thus democratizing access to the real estate market.
“After weeks of working on this project, the first campaign Fraktion x Sezame is LIVE! 🏡
What is Fraktion x Sezame? What for? How? → Fraktion is a real estate investment platform from 10€ → Sezame is an alternative to become a homeowner thanks to real estate leasing
The idea of this collaboration? Allow as many people as possible to invest in a profitable real estate project while helping a first-time buyer to become a homeowner.”
Florian Freyssenet, an expert in the sector and founder of TokenLand, commented (translated) to Coins.fr on the market’s progress at the end of 2022:
“We have been sold the tokenization of real estate since 2015 and it must be admitted, not much has happened since then,”
Despite a slow-evolving regulatory environment, initiatives like Fraktion are on the rise. The platform, which publicly launched on July 11, aims to democratize access to real estate investments further by planning to establish a secondary market and integrate with DeFi within 6 to 18 months.
Fraktion’s operations are based on the Tezos blockchain, citing reasons such as strong performance, low transaction costs, and the development team’s technical proficiency.
“The Tezos application ecosystem is sufficiently consistent for us,” stated Vincent Pastor, CEO of Fraktion.
While Fraktion leverages a robust blockchain technology, its primary focus lies in the services it provides – namely, real estate and fractional investment opportunities for individuals.
“Our starting point is to offer the possibility to anyone to invest on the platform and to understand the value of fractional real estate investment. The presence of the blockchain must be secondary,” elaborated Pastor.
With an investment as low as 10 euros, individuals can acquire security tokens representing convertible bonds. These bonds convert into shares, entitling investors to returns based on the assets in their portfolio.
Pastor envisions a future for Fraktion that includes automatic diversification solutions similar to SCPIs, facilitated by the blockchain and smart contracts.
Fraktion seeks to serve investors with lower available capital to broaden access to real estate investments.
In 2023, Fraktion intends to list 25 properties on its platform and aims to tokenize assets worth 8 million euros. By 2024, the startup aims to achieve 50 million euros in tokenization.
“The great strength of the architecture deployed is its scalability. We must be able to split the goods that enter the platform in an industrial way. From September, 25 properties will be running constantly.
And the marginal effort to go from 25 to 250 is relatively low.” Pastor clarified.
Fraktion’s business model involves collecting fees at issuance and during events such as rent collection. In the future, on the secondary market, the startup plans to apply modest fees on transactions, capped at 1 to 1.5% of the token’s value.
Çagdas Bozman, Founder & CEO at Functori, shared his enthusiasm about the launch on LinkedIn, stating,
“We are proud to announce the launch of the fractional real estate investment platform Fraktion. This platform leverages the Tezos blockchain, providing a fresh perspective on real estate investment and opening opportunities for investors of all backgrounds.
We are trying to democratize access to real estate investments by capitalizing on decentralization and tokenization. This marks a significant milestone in the widespread adoption of #DeFi and the disruption of the traditional #realestate industry.“
To learn more about Fraktion, visit their website.
Disclaimer
Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
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