Frequently Asked Questions Q. What it an NFT?
A. An NFT is a Non-Fungible Token. NFTs are digital representations of assets. Each token contains a unique, non-transferable identity to distinguish it from other tokens.
Q. What is an Asset?
A. An item regarded an owner as having some sort of value and available to meet debts or commitments.
Q. What does NFTRE stand for?
A. Non-Fungible Token Real Estate. Initially, all project offerings were going to be exclusively Real Estate. However, after much debate it was decided there were many opportunities outside the RE market where a targeted APY could be achieved.
Q. What is the NFT Marketplace?
A. In the case of this digital site, the Marketplace allows all projects on offer to be displayed. Each project is unique, likely familiar at least in theory, and capably structured to reach an investment target.
Q. What is APY?
A. APY means “annual yield percent”, the return earned on an investment including the compounding effects of interest.
Q. Why do you say Targeted APY?
A. Each project offer will set the investment intentions to achieve a particular APY. For projects offered here, once this calculated APY has been reached: after 1 month, 4 months etc., the project will close and all investor positions held by NFT’s will be closed out.
Q. Tell me about the KYC process?
A. KYC is all about ensuring you know who you are in business with. The process is not invasive and personal information is not shared or sold. If you are not used to it we apologize, but this is the business norm.
Q. Is the KYC process free?
A. This is a real cost. Verifications are processed to ensure ID etc is real. We take this seriously, we take this business seriously, we take you seriously.
Q. Where did you come up with the idea of NFT’s backed by real assets?
A. The project has been in the works for a while, but the more you see disappointed investors clinging to the idea of profit from a piece of virtual art the more there is room for the real stuff.
Q. Can I use crypto to purchase your NFT?
A. Yes, this is a crypto exclusive program. We are currently accepting USDT.
Q. What does ‘back-stopped’ mean?
A. In every offered project, the NFT’s are secured by a tangible asset. This means, if the program fails, the asset is liquidated, cash from the project is banked and the entire proceeds are used to close out the projects existing NFT’s. This is the best we can get to mitigating risk. Not many projects can offer that!
Q. I see projects generate profits from income (rent roll) and other investments. To what does this refer?
A. Yes, income is generated through day-to-day business: rent roll, sales etc. These funds are added to additional NFT pooled funds and invested to achieve targeted rates of returns. This way around, the APY is achieved at a faster rate.
Q. What are your trading strategies?
A. Number one rule: no greed! The rest is likely no different from other programs out there. Except, most are unrealistic, and greedy to the core. You know the old saying, “you need to know when to hold ‘em or fold ‘em”.
Q. How do you find the projects?
A. Investors introduce us to projects (see pledge an asset), and we determine if they really make sense from real world analysis. We find them ourselves of course. Remember, we are only looking to hit our target, then we are out. Sticking to a plan is more than half the battle.
Q. Your project Real Estate is all over the world. How does that work?
A. Each project has an administrator, and the project is secured and working as a normal building or business. Every asset is secure, and ready to deliver results.
Q. Is my NFT investment refundable if I fail KYC?
A. Yes, we have no control over the KYC process. However, if you fail - could be as simple as you are a resident of the USA - you will receive your money back.
Q. How long does it take to return my money?
A. We will return your money within 30 Calendar days. However, our policy is to act on something right away. This means, we will try to get your money back to you as soon as possible.
Q. Can I get a refund of the KYC Package?
A. This is not possible, it is money spent. But, included is Premium access to Hola Private Communications system: privateapp.io. And, its a very nice application. We ask you to read the Terms carefully so you don’t waste your money.
Q. I want to pay to reserve a spot for a Project. What does this mean?
A. Reserving means we will hold a spot for you in a particular project and when we are ready to issue NFT’s we will sent you a message. In this case, we assume you pass the KYC.