KUALA LUMPUR, July 19 (Bernama) -- Blockchain fintech company Intelly is launching a fractional NFT (F-NFT) real estate investment platform on July 20.
Intelly Chief Executive Officer, Ismet Tasceken said: “Switzerland’s outstanding business environment provides stability and predictability essential for fintechs who are active in transforming assets like real estate using blockchain technology.
“We plan to leverage our 30+ years of experience, industry connections, and the power of blockchain to unlock the potential of a new era of real estate investing.”
According to a statement, investors will be given access to property investments worldwide using Intelly’s INTL token to purchase fractional real estate assets on its decentralised real estate investment platform.
Intelly has successfully completed its initial coin offering at the beginning of 2022 and established the Intelly Exchange - a liquid real estate market in which investors can trade F-NFTs priced by market participants based on the underlying asset’s profitability.
Investing in real estate is profitable in the long term but requires a significant initial down payment, which could be a barrier to entry for many investors. Intelly’s F-NFT platform eliminates many steps needed to participate in property investing.
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