Real Estate
Resolute.Fund to Launch Tokenized Real Estate Fund through Swarm
Inaugural Launch
After months of hard work, the time has come for Resolute.Fund to launch their inaugural real estate fund.
Built upon the Ethereum blockchain, this STO will see up to $5 million USD worth of tokens distributed to qualified investors. These tokens will be made available over a 4 week span.
Investors in these tokens are rewarded with fractionalized ownership of real estate, proportionate to the size of their holdings. The real estate, itself, is curated by a team of professionals, with decades of experience in the industry, ensuring that the most profitable opportunities are brought forth.
Beyond the transparency afforded through use of blockchain, event participants are expected to experience high levels of liquidity in their assets – a trait not often seen within real estate.
The entire event is being facilitated by market leading platform, SWARM. This U.S. based company provides a variety of services tailored towards the creation, issuance, and management of security tokens.
Commentary
We reached out to Andy Strott, CEO of Resolute.Fund, regarding this upcoming event. The following is what he had to say.
Q: Swarm has proven to be an increasingly popular platform for tokenization. What was it that drew you to Swarm vs the various issuance platforms on the market today?
A: “For the size of our offering (USD5MM), Swarm's no fee model makes the most sense for our investors. In a fund structure, we must be very focused on keeping fees as low as possible. In addition, Swarm's reputation in the industry as a leader and pioneer in the space, as can be seen in Swarm being a founding member of International Token Standardization Association (ITSA). Finally, their open source infrastructure will be well received by our investors and partners.”
Resolute.Fund
Resolute.Fund is a United States based real estate fund. Launched in 2018, this fund is curated by a team with decades of experience in the industry. Resolute.Fund looks to bring new opportunities to real estate investing, through the implementation of blockchain technologies. This will, ideally, lead to greater levels of transparency, efficiency, liquidity, and accessibility through fractionalized ownership.
Company operations are overseen by CEO, Andy Strott.
Swarm
Swarm is a United States based tokenization platform, which was launched in 2018. Under the watch of CEO, Philipp Pieper, Swarm has gone on to become one of the more popular solutions within the digital securities sector.
To date, Swarm has successfully aided in the tokenization of project such as TheArtToken, and now hopefully, Resolute.Fund.
In Other News
While various companies have identified real estate as one of the more promising implementation of security tokens, Resolute.Fund was one of the first to make this their goal. Operating under the name Realecoin at the time, we had the privilege of interview Andy Strott, months ago, regarding the endeavour discussed here today. Check out the following articles to learn more about Swarm, Andy Strott and Resolute.Fund.
Interview Series – Andy Strott, Founder and CEO of Resolute.Fund
