Tokenized Property Management
The Blockstate Network is a digital system for efficiently managing fractional property ownership. Fractional property is the modern equivalent of timeshare or shared ownership. Blockstate property shares are represented by NFTs on the blockchain, creating instant liquidity for investors to trade in and out of property weeks, collect share of rental income and even for use as access tokens.
Each NFT, which might represent a fraction of the whole property or even a smaller, private subdivision, grants the owner the right to either occupy or let their share of the property for the specified week in perpetuity. NFTs can be sold or swapped with members. An access NFT is minted for each occupancy year, which can also be traded with others.
For more information, check out the FAQs