GENEVA, July 19 (Bernama-BUSINESS WIRE) — Blockchain fintech company Intelly is launching a fractional NFT (F-NFT) real estate investment platform on July 20th. Investors will be given access to property investments worldwide using Intelly’s INTL token to purchase fractional real estate assets on its decentralized real estate investment platform. Intelly has successfully completed its initial coin offering at the beginning of 2022 and established the Intelly Exchange – a liquid real estate market in which investors can trade F-NFTs priced by market participants based on the underlying asset’s profitability. The exchange will list projects from the residential, commercial, and enterprise sectors like a branded beach club or restaurant, which are tokenized via F-NFT’s, allowing investors to switch between investments in a matter of seconds, depending on their risk appetite.
Transforming real estate investments using blockchain technology
Intelly CEO Ismet Tasceken commented, “Switzerland’s outstanding business environment provides stability and predictability essential for fintechs who are active in transforming assets like real estate using blockchain technology. Even though the real estate sector is now worth over 3.7 trillion dollars, the industry suffers from inefficiencies that have plagued it for decades. We plan to leverage our 30+ years of experience, industry connections, and the power of blockchain to unlock the potential of a new era of real estate investing.”
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