However, with the NFTRE model, the company locates a property / asset, and once due diligence is complete will contract with seller to purchase property / asset. At this time, value is set, and an NFT linked to the property project is generated as a digital investment image, with attached Metadata and placed on a blockchain. Once the necessary investment amount has been reached, the project is funded and the NFT’s are delivered to the buyers. If the necessary investment amount is not reached, the funds are returned. The NFT asset now on the blockchain maintains value and grows throughout the investment period until the project target is reached at which time the project pays out. In terms of the ‘hot potato’ game, everyone is a winner as the NFT still holds real value.
Forging into a new market of real asset backed NFT’s, we keep the content of your NFT off-chain and on a JPEG image file and not inside your XFT XChange Function Token.
Why? Seems it just too heavy!
Essentially, blockchain is just a ledger system capable of holding simple values, certainly not media content. Ethereum network offers a good example: here, each full block is around 1MB, but a simple image is about 2MB. So, waiting for gas fees to appear on screen whilst paying for two full, heavy blocks is impractical. If we were all using the network to send multi-media, video, images all the time high gas pricing would be the norm. We know our clients are here to make money not waste it on gas, that’s for sure.
The traditional idea of the NFT is highly speculative: the ongoing value and therefore tradable value and future profit relies only on the friction between the ‘buy and sell’ activity from parties who are interested in the NFT. They create the market. Moreover, the actual NFT is likely a digital image with no apparent value other than what it can generate through a digital marketplace. This NFT is backed by nothing, and potential profits can be less than nothing.
Modern
The NTFRE method differs in every way. 1. this NFT is backed by a real life asset that may be a building, art piece, income from rent roll or business; 2. this NFT is essentially a proof of ownership and lives on the blockchain as evidence of a right to collect on these assets; 3. this NFT pays out according to the project guidelines and does not rely on a chance buyer to return profit. 4. Worse case scenario, this NFT can be liquidated for project value as the asset is real and can be sold to recoup losses thus mitigating risks.
Simply put, the Traditional NFT is a speculative game. The NFTRE modern NFT program is a true investment targeted to reach a set profit mark.
X Change Financial Services
CID: 412769277 LICENCE: 0110/555