With the increase in the use of blockchain technology, it is no wonder that it has found its way to the real estate market. Whilst blockchain technology has taken security in the property market up a notch, the real game-changer lies in asset-backed tokenisation.
Platforms such as property investment platform Bricktrade — the UK’s first — tokenises real estate assets and opens them up to the possibility of investment from crypto market participants, whilst simultaneously providing real asset-backed investments.
Underpinning all this potential is the Bricktrade token: $BRKT.
$BRKT is the lifeblood of the Bricktrade in-app ecosystem: built on the latest cutting-edge technology providing a proprietary solution, the $BRKT utility token poses a list of benefits including:
- Accessibility
- Flexibility
- Liquidity
- Reduced Costs
- Reduced Risks
- Security
- Diversification
- Staking
- Exclusive Offers
Accessibility & Flexibility
Investors and developers alike will be able to access the Bricktrade platform with the $BRKT token. Investors can choose to invest from as little as £500 through their FCA-approved crowdfunding platform that Bricktrade recently partnered with.
$BRKT can be cashed out at any time after 90 days which is a significantly shorter period of time in comparison to the average term of 5 to 7 years in most real estate projects. This will allow more people to hold $BRKT, which will fuel the ecosystem and introduce holders to a secure, asset-backed yield opportunity.
Liquidity at reduced costs
Through the Bricktrade platform, a property developer will be able to transfer equity of their assets over to Bricktrade, whereby those assets will then be tokenised and offered to crypto investors. Through this mutually beneficial arrangement, the property developers will receive access to much-needed funding, and investors will receive access to previously inaccessible institutional-grade real estate investment opportunities without incurring conventional closing costs on property, lowering transaction fees significantly.
Reduced Risk
All Bricktrade property tokens are backed by real world assets i.e. property. This inherently limits an investor’s downside and protects investor capital. The guarantee of asset-backed yields shows the added layer of security that comes with purchasing Bricktrade property tokens.
Diversification
Bricktrade tokens are able to provide exposure to real-world assets, allowing investors to diversify their investment portfolios. With $BRKT, Bricktrade can provide holders with the choice to participate in opportunities across the globe, seamlessly and at a significantly reduced cost.
Through the purchase of $BRKT, not only are liquidity providers able to include tangible assets into their portfolios but holders will now be able to choose from a wide range of properties fitting different investor objectives: high risk, low risk, income generation or fractional ownership.
Staking
When users stake Bricktrade’s utility token into the platform, they will be able to earn passive income from this as well as stake the token for an outperforming, asset-backed yield.
In addition, staking $BRKT gives holders the chance to be rewarded for the potential appreciation in value as well as the opportunity to earn interest on the staked tokens.
Exclusive $BRKT holder experiences
A pivotal part of $BRKT holder rights is access to a series of additional benefits exclusive to $BRKT holders. Some of the upcoming benefits include a tiered reward structure for token holders allowing users to decide their user level: Premium/Gold/Platinum. In their latest roadmap, Bricktrade plan to reward $BRKT holders exclusive access to invest in Bricktrade fund projects such as Bricktrade Homes and Bricktrade Energy.
With a combined experience of over 120 years and having managed over £21 billion in property deals, the team behind the platform are on a mission to narrow the wealth gap and make property investing accessible to just about anyone and everyone. It is no surprise that Bricktrade is at the forefront of the disruption of the property market.
If you would like to find out more about Bricktrade, you can visit their website here: https://bricktrade.co.uk/