Openhome

Affordable home ownership through fractional shares

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Affordable home ownership through fractional shares

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Openhome lets you tokenize part of your home and enables people to invest in your house alongside you, realizing the gains and losses that occur. We enable fractional home ownership, where you still live in your home, at a fraction of the cost.

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Launch tags:Home•Investing•Web3

Launch Team

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Interesting, tokenization is an amazing concept waiting for real application. I am wondering some questions about the product: 1. As I understood, home owners sell untill 49% of their homes but still continue living there, if they continue living there and not rent it, what are the advantages to inverstors? I suppose they only can gain something from the investiment if/when the house is sold, right? 2. If the home owner rent the house, the token owner also gain proportional part of the rent payment? 3. Has the token owner any reponsability about house expenses? I mean, tax payments, intrinsic bills, etc. 4.Is it allowed by current legislation?

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5yr ago

Tantl

Maker

@heymakio 1. Investors have the option in investing in the real estate and gaining appreciate of the property value, they don't need to a massive upfront investment to get into real estate, and can trade their portion easily. 2. Depending how we structure the deal, we could make it so that rent is split between token holders in the place is rented out or that rent is not split, that can be part an option of the contract. 3. Tax payments will be split across people who own equity. 4. This depends on how everything is structured.

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5yr ago

Tantl

Maker

Hey PH Fam! Launching a new product today which is redefining home ownership. Openhome enables fractional shares in a home, allowing you to purchase and live in your home for cheaper by owning a portion of it. As a homeowner you can tokenize up to 49% of your homes equity, reducing your total ownership of the home, and financial burden as well, at no extra interest. As an investor you can search for real estate in cities and zip codes and instantly purchase or sell equity in a house as if it was stock. We are currently accepting people for our waitlist and expecting to launch really soon! Curious to know if there are other hunters who have struggled with home ownership, any feedback is appreciated :)

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5yr ago

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