Project Types
Explore the two primary project types on the EleveX platform.
Time-Based and Open-Ended Real Estate Projects on EleveX
Time-Based Real Estate Projects
Time-based projects on EleveX have definitive start and end dates, varying in duration from a few months to several years, as determined by the project creators. These projects conclude with the sale of the property, at which point the token owners collect their earnings. Post-sale, the tokens serve as a transparent receipt and a memento of participation in the project, but they no longer payout project rental or sale returns.
Campaign Types in Time-Based Projects
Purchase of Property - Rental of Property - Sale of Property
These are multi-year projects where the project creator crowdsources funds to buy a property, secures tenants to generate rental income, and eventually sells the property. Token owners receive monthly payments based on their ownership percentage from the rental income and a proportion of the sale proceeds at the project's conclusion.
Purchase of Property - Renovation of Property - Sale of Property
Typically lasting several months, these projects involve the purchase, renovation, and subsequent sale of a property. Unlike the rental projects, there are no monthly payouts; however, the shorter project timeline allows for quicker venture turnover. Token holders receive a share of the property's final sale price.
Purchase of Off-Plan Properties - Development of Property - Sale of Property
This type focuses on high-end development projects from their inception. Project creators crowd-fund to purchase upcoming developments, and eventually handle the sale of the developed property. Token holders benefit financially from the final sale.
Purchase of Land - Development of Property - Sale of Property
In these projects, funds are raised to purchase land and develop a property on it. Once the development is complete, the property is sold, and token owners receive their share of the earnings.
Open-Ended Real Estate Projects
Open-ended projects, in contrast, do not have a set end date. This flexibility allows token holders to decide when to sell their shares, based on the real-world market value of the property. These projects typically involve buying and holding properties for rental income or developing properties for ongoing revenue without a predetermined sale date. The token in these projects remains valuable and tradeable as long as the holder retains ownership.
Types of Open-Ended Projects
Buy and Rent
Users buy tokens tied to a property that is rented out, generating continuous rental income, which is distributed to token holders as long as they hold the tokens.
Buy, Renovate, and Rent
This involves the purchase and renovation of a property intended for rental. The ongoing income from renting the improved property is shared among token holders.
Buy, Construct, and Rent
Similar to the previous type but involves constructing a new property on purchased land. Once completed, the property is rented out, providing regular returns to the buyers.
These project structures offer varying levels of engagement and financial return, catering to diverse backer preferences and risk profiles. By participating in time-based or open-ended projects on EleveX, buyers can experience a more dynamic and potentially rewarding real estate venture landscape.
Last updated