Home AI ALTA Finance introduces Make investments, bringing real estate deals to Web3 wallets

ALTA Finance introduces Make investments, bringing real estate deals to Web3 wallets

0
ALTA Finance introduces Make investments, bringing real estate deals to Web3 wallets

Source: news.google.com

LEHI, UT—Web3 real estate investment platform ALTA Finance announced that it has introduced ALTA Invest.

“We are excited to publicly launch this Web3 investment platform to the broader Web3 and real estate markets,” says Jeremy Crane, CEO and founder of ALTA Finance. “Our innovations in allowing clients to invest in sponsored real estate deals with one click using Web3 wallets is the next step toward democratizing commercial real estate ownership.”

ALTA Finance Invest will be organized into Offers, and each offer will include stated timeframes, minimum and maximum USDC growth targets, a fixed-yield USDC yield, relevant links and documents, and any potential risk factors.

All offers will be hosted by sponsors. At launch, ALTA Finance will require Sponsors to maintain an interest reserve equal to the total Offer interest required for all investor interest redemptions during the Offer term. This reservation can be verified on-chain at any time during the Offer term.

These Offerings will exist on-chain as smart contracts, and investors can redeem their interest on a weekly basis using their Web3 wallet. When an investor invests in an Offering through their Web3 wallet, we will issue an NFT back to the wallet representing the Offering and the amount invested for easy tracking. With our primary goal of democratizing access to real estate through Web3, we have integrated our Web3 KYC ALTA Verified and ALTA Verified Accredited verifications for US investors. These verifications can be completed quickly with one click after connecting your Web3 wallet.

For more information on ALTA Invest, visit alta.finance/news/introduction-to-alta-invest.

ABOUT HIGH FINANCES:
ALTA Finance was founded by Jeremy Crane with a vision to open up access to commercial real estate. The
believes that in the next decade, real estate investment will be decentralized, democratized and easily accessible, so
he is building the protocols, tools, and infrastructure for this future over the Internet at scale.

Read More at news.google.com