Frequently Asked Questions
Do you buy physical homes in the real world?
Yes, PADZ invests in tangible assets located in prominent urban centers worldwide, which are subsequently leased to eligible tenants.
Why would I invest?
Real estate is recognized as an appreciating asset but often requires significant capital. PADZ's fractional ownership model allows collective participation, enabling shared benefits from property appreciation. Additionally, holders receive a 2% dividend in $USDC from each $PADZ token transaction.
How do you find and manage the properties?
In each market, a designated PADZ Core Team Member oversees a team of vetted professionals, including real estate agents, property management companies, and contractors. The initial focus is on the Canadian market, with plans for strategic expansion into other high-demand and emerging markets.
What happens if a home gets damaged?
Tenants undergo extensive screening processes, including background, criminal, and credit checks, supplemented by thorough reference verification. A damage deposit is collected as a precautionary measure. If necessary, PADZ is prepared to undertake legal recourse and collaborate with local authorities to address any pertinent issues.
What happens if the housing market crashes?
PADZ conducts thorough due diligence across each target market and property prior to acquisition. Diversification is a cornerstone of the strategy, guiding the procurement of different property types across multiple markets. In the event of a market downturn, rental operations can sustain monthly expenses, reducing the need to liquidate assets.
What is the minimum investment amount?
There is no minimum investment requirement. With just a few dollars worth of Ethereum, individuals can exchange for $PADZ tokens, which are directly linked to the PADZ ecosystem and its underlying assets.
How are decisions made?
Significant decisions are democratically determined by the community in a decentralized manner, encompassing pivotal matters such as property disposition timing and exploration of alternative asset classes.
How do you manage cryptocurrency and fiat together?
In each market, a designated financial and legal intermediary oversees the seamless conversion of cryptocurrency to fiat currency, commonly preferred for real estate transactions due to its wider acceptance. These intermediaries also manage the secure holding of funds, as many financial institutions mandate that funds in the local currency be held for a minimum of 90 days before lending.
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