In the last few years, technology has strengthened its place as a solution for several global problems, affirming its position as the strongest tool for bringing the peoples of the world closer. One way technology has done so is by enabling cross-country and cross-continental investments. This is the area that the geniuses at StraightUp, in a merger with Slice, are exploring.
About The StraightUp And Slice Merger
The two companies are leading firms. StraightUp is an innovative estate company whose mission is to create a new class of assets, allowing people to invest in high-growth real estate within prime areas alongside successful developers. The company has the goal of making available development opportunities in areas and ways never before tapped, with the end goal of maximizing profit for more people.
The other company, Slice is a deviant and creative platform that makes use of blockchain technology to improve real estate. Slice is the first blockchain-based REIT for investors around the world. In this classic merger, bother companies are bringing on years of expertise, innovation and technology that will positively disrupt the sector. It will improve transparency and more importantly, guarantee higher liquidity for investors. The platform is legal and secure.
Both companies are led by industry experts. At the helm of affairs at StraightUp are founders with experience in real estate market and investment ably led by Nir Amsel (lawyer and investment expert). Slice is also led by a team of experts including Ari Shpanya.
How The StraightUp And Slice Merger Works
According to Omer Amsel, StraightUp's cofounder, the company's goal has always been to ,
“to increase access to the real estate investment market for those who are not well-connected or the super-rich elite,”
while maintaining a belief that achieving that goal is dependent on a mixture of new development and technology. In combination with Slice's mission of being a blockchain engineered platform for cross-border investors enabling bit-by-bit investment, both companies make a potentially powerful platform.
Using blockchain-powered purchasable tokens, which represent an investor's investment interest in a certain real estate property, individuals from various parts of the world can invest. The tokens can be purchased using fiat money or cryptocurrency. The tokenized assets are open and accessible to the investors and they can make enquiries into the properties, check ownership and receive returns on investment quickly. Furthermore, they can transfer ownership easily within the blockchain community.
This tokenization means that investors don't have to buy up everything like in general real estate investment, but rather invest fractions into a deal. According to the platform, ” through secure cryptocurrency, investors of all sizes can purchase shares in specific US-based real estate properties.” The minimum investment with Slice is as low as $100. Currently, Slice is the only cryptocurrency real estate platform offering fractional real estate ownership to investors globally.
The platform offers the following benefits to investors:
- Instant liquidity – meaning you can cash out anytime.
- Access to prime private grade commercial real estate assets at public grade expectations.
- Ability to choose investments.
This is one platform that showcases, practically, that technology can solve problems and ease investment.