Proposal Details

Eidel is one of the first companies to create NFTs backed by properties in Europe. We share the ownership of the properties through non-fungible tokens. Owners of these nft can choose through the voting system of the DAO what will happen to the properties. The properties will be rented out on and the income will be distributed to all holders. If the NFT holders want to sell the property, they need to make a proposal and holders need to reach 51% agreement. What happens to the property will only be decided by the people owning the nft. if you own more nft’s you will have more votes and have more influence on the property, one NFT equals one vote. The idea of this project is to give NFTs real-life value and usage. if you are a young person living in this modern age trying to buy a house on your own then you have probably figured out that getting into the real estate market can be extremely difficult. so we offer a revolutionary solution. You and many others can simply buy an nft that gives you ownership of property together as a collective group and earn yield by renting the property out. This will also be the start of having a stable NFT. since the value of the NFT is backed by the property in real life. It should in theory never fall under the mint price. (Security NFT) Or the value of the property.