A: Yes. That means you are a shareholder of that property on a pro rate base. In case any day if property is sold out for any reason, you are entitled to get your share of money.
A: ASSET CHAINn executes a business in said property and generates revenues and after final analysis declares its annual net profit from the business in its annual financial report on its official website at year end. Whatever net profit is incurred in the business is distributed among the shareholders on prorate base; i.e. 51% of profit belongs to ASSET CHAINn as ASSET CHAINn is the 51% shareholder of the property and the business therein and 49% of net profit is distributed to NFT holders on pro rate basis. Every NFT holder has already done KYC for their account with ASSET CHAINn. So dividend is distributed in terms of USDT to the wallet of NFT holder, connected with ASSET CHAINn. The detailed report of which is published on the official website of ASSET CHAINn after the complete distribution of dividend so that NFT holders can cross check with the report regarding the dividend they have received or the dividend they were expecting but not received. There is a grievance cell also where NFT holder can correspondence in context to expected dividend.
A: If you already have a debt or litigation free property you can partner with ASSET CHAINn. You have to escrow this property to our official escrow agency. Property will belong to you only but it will go for lock in to escrow for 2 years and then ASSET CHAINn team will execute a business in that property and whatever net profit is generated is shared on 10:90 basis which means the 90% belongs to you and 10 % belongs to ASSET CHAINn as a facility share. After 2 years of lock in the property will be free from escrow and if the owner want to discontinue the business with ASSET CHAINn he is free to do so.
A: Write an email on official email address. Chat with our customer care executive in chat bot. Take help of AI support. Also in coming future ASSET CHAINn will franchise brokerage houses which will be located in your vicinity. You can visit the nearest brokerage house in person for resolving your queries. Detailed list of official brokerage houses will be published on ASSET CHAINn website time to time.
A: A customer can check with the escrow agency where the property is escrowed. ASSET CHAINn will publish a copy of escrow agreement on its official website which can be verified with the escrow agency.
A: Any crypto asset sent to a wrong address by your mistake cannot be received back. So be careful before each transaction and double cross check address where you are sending your cryptos.
A: SAN token if utilised to pay the brokerage while trading on ASSET CHAINn instead of any other crypto asset like BNB or USDT the customer will get discount up to 80% in brokerage. After listing of SAN tokens on exchanges, you can buy ASSET CHAINn NFTs against SAN tokens, again at discounted price. When n number of properties will be functioning different kind of businesses under ASSET CHAINn you can buy the services and products of those businesses with SAN token at discounted prices.
A: Click here to understand the brokerage calculations.
A: ASSET CHAINn will offer loans on NFTs you mortgage with us. No dividend will be paid during mortgage period.
A: ASSET CHAINn has a programme called rent your NFT to get fixed regular monthly rents on your NFTs. No dividend will be paid during mortgage period.
A: Click here to apply for brokerage house. If you have your own community, you can take a brokerage house from ASSET CHAINn wherein your clients will use different services of ASSET CHAINn under your license and you will get a share in brokerage and other profits incurred. Your brokerage house will them services and training, education and information in person or via your communication system. In coming future ASSET CHAINn will entertain only brokerage houses and not the retail customers.
A: ASSET CHAINn does not deduct any tax at the source. So kindly check with your country rules and regulations for taxation.
A: The assets chain will publish its quarter financial reports as well as duly audited annual financial report of each business ASSET CHAINn runs on its official website.
A: Click here to apply for becoming a liquidity provider.
A: 1 NFT = 0.001 sq feet or 1 sq feet = 1000 NFTs.
A: Yes, third party insurance is there for each and every property. Detailed policy paper issued by insurance company will be displayed on official website of ASSET CHAINn.
A: While doing the KYC of ASSET CHAINn you can give details of your nominee.
A: It is your permanent loss. ASSET CHAINn cannot help you in this context.
A: In all the countries where there is proper legal framework and acceptance for crypto currency and NFT and blockchain technology ASSET CHAINn would be interested to open the business.
A: NFT can only be stolen if secret phrase is compromised. ASSET CHAINn cannot help you in this context.
A: Cafes, restaurants, hotels, resorts, wellness clinic, spa, salons, malls, amusement parks, co work, departmental stores, pubs, clubs, multiplex, and many more likewise.
A: ASSET CHAINn will keep on doing required marketing and branding to promote its NFTs and its marketplace to create huge communities to trade these NFTs but still assuming if in future there are no buyers for NFTs you purchased no need to worry once properly is free from escrow and once USDT which are in escrow agency are free after 2 years of lock in, assets chain will start buying back NFTs from customers which is known as company buyback.
A: Read the white paper wherein it is clearly mentioned that whatever property ASSET CHAINn buys it does the escrow for 2 years with third party. 51% percentage of NFTs which is company share is also put in escrow for 2 years and after selling 49% of the NFTs to the public whatever USDT is generated that is also in escrow. For example: For the property of 100 dollars which is in escrow, 49 dollars generated selling 49% of NFTs is also in escrow. So, in escrow there is 149-dollar worth asset. So, it is very easy to claim more than what you have invested if ASSET CHAINn shuts permanently. So if ASSET CHAINn performs your NFT can fetch you the returns to the moon and if it fails to perform still you get more than you invested from third party escrow which is guaranteed by them.
A: The price of NFTs rise or falls based on price change in the market value of property and the dividend company gives.
A: Because after every 2 years company will re-evaluate the business and may expand the same business at same property and again escrow the property for 2 more years so just for re-evaluation of property and NFTs escrow is limited only for 2 years.
A: Though escrow is only for 2 years of lock in yet after 2 years, after re-evaluation of the business company may again put property as well as 51% of company shares in escrow again.
A: USDT freed after 2 years from escrow will be used for the expansion of business or to buyback NFTs from the customers to reduce the market share in the company and business within.
A: No, F&O contract holders doesn’t hold any share in the property. They never get any dividend.