It’s not hard to imagine a world where you can buy and sell real estate with the same simplicity as buying and selling stocks today. With smart contracts, NFTs, and cryptocurrencies, two parties could come together to put together their own real estate transaction without paying service providers an arm and a leg and waiting weeks or months for the sale to complete. NFTs are fun to buy and sell digital artworks, but they can power much more than this simple online trading. Things change quickly when a real estate company turn to NFTs to revolutionize the world of real estate.
About the project
Nesttree Properties aims to link real world asset in the decentralized blockchain. Owners of the NFT artwork can have membership access, and a stake in a leisure farm resort in a distinct tourist attraction site in the Philippines. Owners will need to go through a simple KYC (Know your customer) process to validate their identity thus fulfilling Philippine laws.
Nesttree is developing 10 farm house villas, amenities and greenhouse farm in a 3 hectare property in San felipe, Zambales. The NFT serves as fractional ownership of the leisure farm. There is profit sharing program through rentals of the farm villas and the produce of the farm. The NFT farm village will be operated and managed by Nesttree.
“The goal is to make these real-world physical assets more accessible to investors from various parts of the world. Real estate and NFTs together will evolve and turn into the next big things” said Arthur Cantor the CEO of Nesttree.
“NFT for art works may be the hot thing right now in the community, but the utility that comes with the art is what will define the project. Land is still one of the priced asset in the present and more so in the future, that is why we are developing land properties to be linked in the blockchain to adopt in a decentralized world.” He added.
The public release will be this July 2022 on the Likha marketplace.
Upcoming pipeline and developments
Nesttree is in preparation to continue to move forward with plans to expand the leisure farm NFTs with additional four other locations in south east Asia. The company’s primary business is a boutique developer of residential bespoke apartments and villas. Besides the NFT farm village they have, Anilao Tech villas, Antipolo wine house, and Epicure Residences in Quezon City.
With determination to spread their wings globally, Nesttree properties will be a spectacle to behold in the coming months.
For further information about Nesttree Properties, please click here https://nesttree.io to view the development on our website.