Quantm Real Estate (QuantmRE) has announced a decentralized residential real estate marketplace designed to allow ordinary people to buy into and benefit from a previously untapped sector of the U.S. residential real estate market.
The QuantmRE Network will provide a platform for the primary issuance and secondary trading of investment-grade tokens backed by fractional equity interests in single-family residences in the U.S., giving the average person entry to a unique class of property investment opportunities, and new and seasoned cryptocurrency holders an opportunity to invest in tokens with lower market volatility.
QuantmRE effectively buys a small part of the member’s home equity in a shared equity transaction. For investors and token-holders, QuantmRE will provide the first real estate asset-backed token whose value is supported by a distributed network of these equity interests in residential, owner-occupied homes. For homeowners, it offers the prospect of releasing cash for their equity without increasing their burden of debt.
“Having to borrow from a bank simply to access the wealth that you have built up in your home is deeply unsatisfactory,” said Matthew Sullivan, CEO and founder of QuantmRE. “Our ability to digitize the value of a homeowner’s equity and realize the locked-up value will solve a huge problem for homeowners worldwide. It’s time for people to be able to access more affordable homeownership options, flexibility, and less financial risk.”
QuantmRE said the U.S., single-family residential housing represents a $31.8 trillion asset class, and globally, the market size exceeds $168.5 trillion.
“QuantmRE’s tokenized real estate asset structure solves a problem at the heart of current investment barriers and housing issues,” said Emily Bush, blockchain and real estate investor and advisor to QuantmRE. “By giving homeowners access to the equity capital in their homes without taking on more debt, the QuantmRE Network is enabling people to maximize the returns from the biggest investment they are likely to make in their life. By unlocking the value in home equity, QuantmRE is creating wealth, encouraging and promoting savings and enabling investors around the world to participate in a previously untapped real estate asset class.”
QuantmRE’s other advisors include David Moss, Founder and CEO of TrueBlock.io and Enzo Villani, Chairman of Millennium Blockchain.
More information on QuantmRE’s Network can be found in their white paper.