Wednesday Jul 10, 2024
Transparency and Governance in Property Tokenization (Jerry Chu)
The Froggy Five Episode #009: Jerry Chu, CEO of Lofty, explains the transparent process of underwriting properties for tokenization on their platform. Sellers undergo rigorous checks, including background screenings and property inspections, ensuring all relevant information such as appraisals, inspections, rent rolls, and maintenance records are publicly available. The platform leverages community involvement and transparency to empower users in making informed investment decisions, while also discussing their innovative governance model where property owners can sell partial ownership and still participate in decision-making through scaled voting rights based on their ownership percentage.
Lofty: https://www.lofty.ai/
Froggy Companies: https://froggycompanies.com/
Listen to the full episode now:
YouTube: https://youtu.be/zNvnJIgx_gY?feature=shared
Podbean: https://FroggyFive.podbean.com/e/the-froggy-five-9-jerry-chu-lofty-ai/
#realestate #realestateinvestment #tokenizedassets
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