First Rent Payout for Tokenholders of “HelloWorld”

Zug, 4th of June 2019 — Early March this year, the property “HelloWorld” located in Baar, Switzerland was tokenized (20%) and sold to 4 investors, a collaboration between blockimmo, Elea Labs and SwissCryptoTokens (details).

Just days ago, the investors received their first rent payout (March, April) approx. XCHF 15'000 and were able to claim their share through the blockimmo platform, again in collaboration with Elea Labs (PropertyDNA, validated financial data) and SwissCryptoTokens (XCHF, payout was executed in CryptoFranc).

“Hello World” from the Crypto Valley: first real estate transaction on blockchain

The blockimmo platform has a fully functional dividend payout option, which already had been demonstrated in March 2019. Investors can log in and receive a notification to claim their share of the payout, within just 3 clicks the transaction is executed on the Ethereum blockchain, soon after the investor receives the dividend payout into their wallet.

Dividend-bearing security tokens

Screenshot of the blockimmo’s platform (notifications)

More details can be found on our Partner’s blog — Elea Labs:

First rental profit share payout for Hello World tokenised property