Token Sale Process and Investor Protections
The token sale process on the MeyFi platform is designed with investor protections at its core. Prior to any Property Token Offering, the real estate asset undergoes rigorous due diligence, valuation, and legal verification by Meey Finance, ensuring that the property is legitimate and accurately valued.
Once the property is tokenized, these tokens are made available for purchase during the PTO. Investors can purchase tokens directly through the MeyFi platform during the sale.
Each token purchased grants the investor a proportional share of ownership in the property, along with any associated rental income or appreciation in value. The smart contracts governing the tokens ensure that all investor rights are protected, including secure and automatic distribution of rental yields and easy transferability of ownership.
To safeguard investor interests, the platform also incorporates a buyback mechanism, enabling investors to sell their tokens back to the platform at market value if liquidity needs arise.
Additionally, Meey Finance holds the custodial responsibility for the real estate under a contract, ensuring that if a borrower defaults on a loan secured by tokenized real estate, the property is sold to recover the borrowed funds plus interest.
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