Imagine being able to invest in real estate without having to deal with a slew of middlemen, a large initial cash outlay, or insurmountable legal hurdles. Doesn’t it seem like something out of a story?
LEND7, a recently launched crowdfunding platform, made it possible. Every market participant can now access the real estate industry via a fully digital solution powered by non-fungible tokens (NFTs).
Sebastian Bittar, CFO of LEND7 said: “The time when real estate investment was considered a game for the elite was yesterday. NFTs unlock doors for all market players, bringing immediate value and control to owners.”
LEND7, inspired by the incredible NFT breakthrough in 2021, brings together the Web3 and cryptocurrency communities with a common goal: to make traditional real estate a fully digital solution, removing existing industry barriers such as limited investor access, lack of liquidity, and lack of transparency.
LEND7 will convert corporate receivables and real estate assets into NFTs, reducing initial entry capital needs, transaction costs, and the number of intermediaries involved in the investment process.
Designed to Last
The crypto meltdown in May was a wake-up call for the industry. After some thought, it’s evident that the industry needs to focus on developing solutions that deliver real-world benefits.
LEND7 is refocusing attention on utility by utilizing NFT technology to democratize access to real estate assets. This will ensure that the initiative not only survives but also thrives in the face of market downturns.
How to Participate
A LEND7 private sale is now live and will last until 7 p.m., UTC, June 27th! After that, the platform will open a launchpad public sale.