Investing in real estate traditionally requires a sizable down payment, but the 'Briqchain' platform aims to change this by allowing users to make small, bite-size investments on their own terms.
The platform works by allowing users to purchase Briqs at a cost of 10 euros each that can then be used to invest in rental real estate that will yield a 4% fixed yearly interest on the money that you invest. The entire transaction takes place on the blockchain and will yield them priority when they want to rent or buy a listing with their Briqs for a modern approach to real estate.
The 'Briqchain' platform makes the process of real estate investment more realistic for everyone and will likely come as welcome news to the large number of consumers who might otherwise not be able to afford to do so.
'Briqchain' Lets Users Seamlessly Invest in Real Estate
Michael Hemsworth — October 16, 2018 — Lifestyle