Flat for Flip — The Real Estate DAO 🚪🔑
Real Estate is one of the sectors that will be undoubtedly revolutionized by NFTs. So, far we have seen the first NFT-backed properties sold in the U.S. and investors buying virtual land in the metaverse. Non-fungible tokens will have a huge impact on real estate and will shape the way people do business in this industry.
Flat for Flip is a part of this revolution as they are building the first European Real Estate DAO where the community members will be able to co-invest in real estate. In this article, I will walk you through the idea behind the project and hopefully inspire you to become part of it.
🏦 Utility
The project will utilize the experience, skills, and knowledge of investors from the traditional real estate market and connect them with investors from the digital world who are looking to diversify their portfolios through traditional businesses. It creates a win-win situation for entrepreneurs from both worlds.
By being a proud member of their community, you will have access to the best deals across the European real estate market. Looking to buy a property in Germany but don’t know where to start? No problem. Want to invest in Sweden and look for a competent partner to minimize the risk? Just join Flat for Flip.
To put it simply, professionals with extensive experience in private and commercial real estate markets will be able to exchange knowledge and experience with other individuals, or even come into the business with them.
📈💶 Tokenomics
The NFT FFF price on the pre-sale is 0.2 ETH. After the launch of the public sale, the effective price will be 0.4 ETH. The FFF token is made in compliance with the EIP-1155 standard.
Flat for Flip is the world’s first-ever NFT project that allows its first buyers to earn a 3% commission from all future sales of their tokens as the sale chain continues. How does it work? Investors who bought NFT apartments during the pre-sale will be able to earn 3% on every future transaction of their FFF NFTs if they decide to sell it.
3.5% of each Opensea.io transaction will be allocated to DAO.
The money will be used for contests and bonuses but most importantly, for buying real estate that will generate passive income for the community.
🎨 The Art
Flat for Flip is the collection of 7,777 NFT apartments in 7 European countries. Each apartment is unique. Moreover, in the entire pool, there are more apartments and valuable penthouses that are of higher standards and are distinguished by unique features.
🤝 The Team
The team behind the project is fully doxed (meet the team). They are entrepreneurs with a long history of running a business and extensive experience. Due to their real-world business connections. They are able to learn the ‘old-school’ entrepreneurs about NFTs and get them onboard.
🎯 Mission
Flat for Flip is on the mission to build the first European real estate community in Web 3.0 and to inspire the next generation of real estate professionals. The team aims to generate investment opportunities for members of the FLAT for FLIP community in the form of investment projects that will generate an additional income of $5 million annually for the FFF NFT holders.
Moreover, they want to ensure a steady stream of income through long-term payment of dividends z DAO for token holders in NFT FFF and build the value for the Flat for Flip token.
Conclusion
If you are reading this, it means you are early. This is the best time to follow this project and try to get on their Whitelist. Let’s summarise the benefits of owning an NFT apartment:
- 3% royalty from each transaction related to your NFT apartment that is bought during the pre-sale! Never say never to passive income!
- Promising investment opportunities in the European real estate market
- Access to real estate market specialists
- Market insights to gain competitive advantage
- Access to a specialist investment group that will help you purchase real estate at great prices!
- The opportunity to win and get a real apartment in one of the countries where your real estate NFT resides.
- The key to investor meetings is where you get to interact with various investors, developers, and other members of the ‘Flat for Flip’ community.
