Crowdfunding is being revolutionized by the application of blockchain technology. Thanks to the distributed ledger, people from around the world can contribute to a project. Not only that but because smart contracts are transparent, so participants in a campaign can be sure that their rewards will be distributed.
Blockchain is one of the most meaningful technological advancements of our generation. Of course, the application of technology still depends on the quality of its implementation. One of the most advanced platforms in this regard is LABS Group.
What is the LABS Crowdfunding Platform and How Does it Work?
The main technology allowing for the tokenization of real estate assets and trading on the secondary markets is the LABS Crowdfunding Platform. Have you ever thought of investing in real estate but walked back because of fear? The complexity, large initial investment, and risk of this market pushes potential investors away.
Yet, investing in real estate allows people to protect their wealth in ways few other assets are able to do. Many wish to start investing in real estate, but usually very few will have the resources to invest in projects. It’s just too intimidating to start.
LABS Crowdfunding Platform is a place that brings real estate investment opportunities to an affordable price point. Real estate developers and hospitality business owners can publish their real estate backed projects along with property details, progress updates, and potential returns. This way, they can reach a wide pool of potential investors.
When a real estate developer or owner posts a project, they set a monetary goal to be met. At this time, supporters can pledge crypto tokens towards the completion of the project. Projects are vetted to make sure they are from trusted sources.
On the other hand, people can invest in these projects. Since the projects are getting funded by a larger number of people at once, the entry price is reduced. Additionally, the risk is shared among a larger pool of investors. Finally, individuals can use their money to invest in several real estate projects, further diversifying their portfolios and reducing risks.
Functionality of LABS’ Crowdfunding Platform
Thanks to blockchain technology, this business model is transparent, safe, and easy to implement by cutting out the middlemen and utilizing smart contracts. There are three main ways to use the LABS Crowdfunding Platform:
1. For Investors to Learn about Investing
LABS Crowdfunding Platform is the perfect place for investors to start learning about real estate investment. In the platform, anyone can start investing in real estate backed projects with a low initial investment of just 100 USDT. In return, users receive project tokens representing a stake in the initial project. These tokens will be sent to a Metamask wallet address.
2. Stake, Earn and Receive a Super Booster
In LABS’ Ecosystem, users can earn rewards by staking project tokens into the LABS’ staking pool. A super booster is a perk powered by LABS for our early investors. These early participants will be able to double up staking rewards.
3. Share, Invite, and Earn Even More
As part of our launch celebration, LABS Group is launching a referral program that allows users to earn up to 20% for each new member they manage to onboard. The offer is limited to the launch window. So, do not wait.
LABS Group is a pioneer in tokenizing the real estate market. By bringing real estate investment within reach of every person on the planet, LABS is expanding wealth generation to small and medium investors.
The LABS Crowdfunding Platform is a revolutionary application of blockchain technology. It allows real estate developers to find investors from a large pool of people, lowering capital costs, and increasing liquidity. With our platform, investors will finally be able to invest in real estate with as little as 100 USDT and diversify risk at the same time, killing two birds with one stone.
Updated on 11 Nov: Check out the full video explanation through Youtube:
Click here to diversify your crypto portfolio now: https://cf.labsgroup.io/
About LABS Group
LABS Group is a digital investment platform that provides access to fractionalized property ownership and enables the continuous trading of real estate assets-backed tokenized shares on a regulated security exchange.
LABS Group’s platform uses blockchain technology and smart contracts to ensure complete transparency over a borderless ecosystem where property developers and investors can interact seamlessly and with unprecedented efficiency.
Real estate and blockchain professionals have brought together their expertise to devise an ecosystem of services that make property investment more accessible, more secure, and more liquid.
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