Real estate investors scramble to get their hands on luxury property investments on the blockchain. One of the most revolutionary ways of using crypto, combining fractionalized NFTs with real estate properties, is The Hideaways (HDWY).
But what are NFTs? And what is The Hideaways? Is it a project worth checking out and why? This deep crypto dive will cover NFTs, real estate investment, and how The Hideaways ties it all together.
Why bet big on NFTs and Real Estate Investment?
Non-fungible tokens (NFTs) are digital cryptographic assets stored in the blockchain and distinguishable from one another by their distinctive identification codes and metadata. Unlike fungible crypto coins and tokens, NFTs can’t be used as a currency for commercial transactions.
Today, non-fungible tokens dominate the digital world from fashion, art, and real estate. The real estate market is seeing the same changes as other industries propelled by blockchain technology.
Like other NFTs, real estate NFTs are bought using the seller’s preferred cryptocurrency and kept in a digital wallet – like MetaMask or TrustWallet. As an NFT owner, you can easily resell your digital property to buyers instead of waiting days, weeks, or months to sell a property the traditional way.
Why owning Metaverse ‘Land’ is bearish?
Metaverse real estate NFTs are virtual pieces of land you can buy within a virtual environment, mostly in NFT games – such as $SAND or $MANA.
These virtual worlds are similar to the real world. They have NFT cities, and NFT houses, and you can buy blocks of land to secure your digital future. But who wants land in the metaverse compared to land in real life?
NFTs connected to real-world physical properties are what our analysts are betting on. The virtual world is just a replica of real-world locations – and quality land is a finite resource that doesn’t need to be put on the metaverse.
Real estate investors are now more interested in placing their money on fractionalized and tokenized properties in a technology-dominated world. For instance, real estate NFT projects like The Hideaways give everyone the ability to own a piece of a dream villa in Barbados or a penthouse in London.
What is The Hideaways?
The Hideaways (HDWY) is one of the most anticipated real estate crypto projects this year. It’s the first luxury real estate platform that allows users to invest in a fully managed portfolio of lavish properties throughout the globe.
The large start-up cash needed for traditional real estate investment is often a problem for crypto investors. A typical initial deposit requirement ranges from 10% to 25% of the property value, which can be too much for regular investors.
The Hideaways is the solution real estate investors have been waiting for; through the fractionalization of NFTs backed by physical properties, you can own a piece of property for as low as $100 – and earn a yield on it.
As the Hideaways website says: “The Hideaways will allow users to access properties across the globe and, through our ecosystem, you will have access to benefits far beyond what you’d receive from traditional real estate investment.”
The real estate crypto platform also promises that: they “trade their fractionally owned NFTs to reshape their portfolio and be allowed to vote and decide on every property purchased.” This means no waiting for real estate agents to finally find you a buyer, just list your fractionalized piece on their marketplace and you’re done!
Deep dive into The Hideaways
Real estate investing is entering a new era with The Hideaways. The system will be powered by the platform’s native crypto token, HDWY, which can be used to gain fractional ownership of NFTs.
1. NFT Fractionalization
Investors who buy HDWY tokens are entitled to buy fractionalized NFTs. These NFTs will be minted and characterized by distinctive digital artwork to represent the property they are buying into.
NFT fractionalization allows investors to take advantage of a $226 trillion real estate industry for a minimum investment of $100.
You can earn more profit than traditional real estate investments by owning the Hideaways NFTs as they generate yield for you from:
- Short-Term Holiday Lets
- Events like weddings held at the property
- Getting discounts on property
2. Tokenization of Luxury Property
The tokenization of property is a revolutionary concept that few have gone after yet – even though the potential is 230x bigger than Bitcoin itself.
But what does that entail? The Hideaways (HDWY) find properties for investors to buy into. Think of crowdfunding as a property purchase, but the yield is insanely high.
This also means you can buy these fractions of a tokenized property anywhere in the world.
3. Passive Income Of 20%
The Hideaways (HDWY) team handles all the real estate sourcing, often under market price. As well as marketing for events such as weddings or Hollywood scenes to be filmed at the luxury property, renting it out on short-term holidays to the rich and famous, and maximizing yield.
Forget about middleman fees, forget about house deposits. This is your chance to buy property in the top locations worldwide without leaving your house.
4. A new use case for traditional real estate
The Hideaways (HDWY) is targeting a $240 trillion property market. The problem with traditional real estate is that the liquidity is locked into the value of the house – and it’s quite hard to ‘unlock’ that liquidity.
By tokenizing real estate and allowing the fractions to be traded, The Hideaways (HDWY) is potentially opening the doors to over $200 trillion worth of liquidity.
The fees generated from this would take The Hideaways to the #1 spot in the crypto market – although, Bitcoin (BTC) will still prevail most likely.
5. Hideaways Takes Investor Safety Seriously
In crypto markets, liquidity refers to how simple it is to exchange one crypto coin for another or any government-issued currency. The liquidity for the HDWY token will be a “lifetime” lock, meaning it will last for at least 999+ years.
Additionally, team tokens will have a two-year lock and then have linear vesting monthly.
On top of that, they have already audited their smart contract – ensuring a safe and secure trading environment. They used SolidProof for that, a leading cybersecurity and crypto security firm.
Real Estate Tokenization
The real estate tokenization of HDWY requires a special-purpose vehicle (SPV). Investors can buy each luxury real estate using SPVs. This legal company will have a separate bank account where the money will be sent.
The SPV’s dedicated bank account is used to collect rental money, and the bank account will pay the expenditures. The transaction will result in a monthly net rental profit to NFT owners in $USDT or $ETH through their HDWY dashboard.
HDWY’s rental profit will be distributed based on NFT ownership on the last day of every month. The legal compensation date of the sale will determine the allocation of capital gains depending on NFT ownership.
The Hideaways investment community is called Club Hideaway. The platform made sure that they worked tirelessly to make Club Hideaway functional and spectacular.
Club Hideaway benefits include lower fees, voting on Hideaway’s investment plan, monthly rewards drop, all-inclusive vacations at HDWY’s portfolio of locations worldwide, and much more. The club will implement VIP tiers to their top users categorized into Bronze, Silver, Gold, Platinum, and Diamond.
A Gold membership requires a minimum investment of $10,000 minimum, $20,000 for a Platinum membership, and $50,000 for a Diamond membership. But, after investor feedback, they opened up 2 new special tiers for Bronze ($2500) and Silver ($5000).
Every tier will have access to special benefits, and some include a private jet trip!
The Hideaways (HDWY) presale started on September 2022 with a starting price of $0.01 and looks to increase exponentially.
The real estate cryptocurrency platform aims to break the boundaries of traditional real estate investment. Traditional real estate investment has a high initial capital requirement and gives only modest initial profits.
With the Hideaways, you’ll not only be rewarded in a way that no other real estate investment can but your cryptocurrency investment will also be supported by a tangible asset, lowering your risk exposure.
Disclaimer: This is a paid post and should not be treated as news/advice.