Smartlands Network etched its name in history by becoming the first platform to offer digital shares of tokenized real estate on the public Stellar Network blockchain within the European Union in 2021.
In addition to this groundbreaking achievement, the platform is set to launch the market’s first alternative investment vehicle in Ukraine, spearheaded by the government.
Innovative Tokenization Model
Smartlands Network introduces a revolutionary approach to tokenizing real estate, leveraging the public Stellar Network blockchain. The platform facilitates the issuance of digital shares, providing investors with unprecedented access to real estate assets.
To qualify as a token holder, individuals must hold a minimum of €1000 worth of Smartlands Tokens (SLTs), the native token of the Smartlands Network.
Government-Led Alternative Investment Vehicle
Ukraine takes a pioneering step in the world of alternative investments by leading the launch of the market’s first government-backed alternative investment vehicle through Smartlands Network. This strategic initiative is poised to reshape investment landscapes, offering new opportunities to both institutional and retail investors.
Token Holder Benefits and Fee Structure
Smartlands Network ensures that token holders enjoy various benefits. Oracles, a vital component of the platform, are mandated to reserve one-third of all fee income. This income is then distributed to qualifying token holders in the form of SLT tokens.
The fee structure on the platform includes a listing fee of €5000, with ongoing annual listing fees of €1500. Notably, no commission is charged for buyers in the secondary market. However, sellers of asset tokens on the platform incur a 1% fee on each sale.
Smartlands Network’s Global Vision
Smartlands Network aspires to be a globally agnostic ecosystem of Asset-Backed Tokens, fostering collaboration among profitable real economy assets, institutional investors, and retail investors across multiple jurisdictions. The platform’s commitment to transparency is reflected in conducting transactions on a public blockchain, ensuring oversight mandated and required by the nature of the assets involved.
Compliance Oracles
Smartlands Network introduces Compliance Oracles to perform essential checks and verifications of assets. The issuer is responsible for disclosing whether an asset requires compliance checks. The flexibility of Compliance Oracles allows for approval by financial authorities, enhancing regulatory compliance and transparency.
In summary, Smartlands Network emerges as a trailblazer in the tokenization of real estate, offering a transparent, efficient, and inclusive platform for investors globally. The platform’s strategic collaborations, innovative fee structure, and commitment to compliance position it at the forefront of the evolving landscape of blockchain-based investments.
