Sp/itfund is a co-ownership protocol built on NEAR.
For the end user, Sp/itfund looks and feels like a Real Estate crowdfunding site: funding amount goal, days left, number of backers, etc. Sp/itfund makes it easy to invest in Real Estate co-ownership starting from 50.00 USDT/NEAR.
On the technical side, users get back a new NEP141 token as collateral for their USDT/NEAR investment. This collateral is tradable at any time. If the funding amount goal is not reached within the expiration date, the users get their investment back.
- Sp/itfund is decentralized, all of the information about the property is stored in the blockchain.
- Sp/itfund charges a 2% fee upon each USDT/NEAR investment, this fee is non-refundable and is used to keep the platform running.
- Sp/itfund manages the Real Estate assets to guarantee the properties' maintenance and profitability. Users can trust Sp/itfund as their investment manager with solid legal representatives in each jurisdiction.
- Sp/itfund makes it easy to make cross-country Real Estate investments. A user in Japan may co-own Real Estate in Mexico, for example.
- Sp/itfund opens a new market of tradable NEP141 Real Estate collateral tokens as a store of value.
- Once Sp/itfund buys a Real Estate property, our legal mechanism will make each investor's wallet a legal owner of the asset.
What makes Splitfund different?
Real Estate co-ownership has been around for more than a decade, however accessing this investment type is bureaucratic, limited to large deposit minimums and restricted to the investor's territory.
Splitfund brings the power back to the common citizen by opening the global Real Estate market starting at 50.00 USDT/NEAR.
Investing with the Splitfund co-ownership protocol is transparent, decentralized, quick, secure and it has no boundaries.
The Splitfund protocol provides passive income from rent and a reliable store of value that users can sell in the open market at any time.
Find the contract code here.
- Create NEAR Escrow contracts from Strapi CMS data
- Use WalletSelector to connect a NEAR wallet
- Deposit an amount of USDT
- Display contract data in the property details page
- Withdraw if property is not funded or has expired (complete in the contract side, not in the UI side)
- Delegate funds if property is funded (complete in the contract side, not in the UI side)
Clone the project, make your edits and open a new pull-request. Make sure you follow Conventional Commits before pushing.
MIT