build your future!
Unaffordable house prices? Relax, we’ve got your back. NEXENY is the world’s first-ever real estate NFT platform.
Select the real estate project of your choice from any location in the world and get started right away on building your future.
Discover ReNFT now to secure your place on this profitable journey.
About Nexeny
NEXENY is a blockchain solutions company specializing on real estate.
- NEXENY Chain, created particularly for the real estate industry, has its own infrastructure.
- The concept behind the NEXENY project is to divide the construction area of a real estate project into equal portions, with each component being converted into a digital asset, namely a ReNFT, and priced separately.
- The price is proportional to the actual value of the building’s title deed.
WHAT IS RENFT?A Gamechanger in Real Estate Investing
NEXENY Chain is capable of quickly and conveniently meeting the specific requirements of each real estate project to be created on it due to its speed, cost advantage, and flexible structure. The “ReNFT” project is the first real estate project developed on the NEXENY Chain.
The ReNFT project is an NFT real estate project developed on NEXENY Chain. NFTs, which stand for “Non-Fungible Tokens”, have grown in popularity in recent years. Despite the growing popularity of NFTs and their incorporation into the lives of mainstream crypto users, we are only now seeing an assessment of their potential and the discovery of new applications.
Due to the global economic crisis, it is becoming increasingly difficult to invest in and develop projects. This has impacted many industries, particularly the construction industry, and ReNFT has emerged as a search for a solution to this problem by utilizing blockchain technology.
The goal of the ReNFT project is to include investors who do not have enough money to purchase a title deed but want to invest in the construction sector, as well as to provide investment benefits (cash input) to construction sector actors by leveraging the advancement of crypto and NFT technologies.
RENFT PROJECT WORKFLOW
ADVANTAGES FOR THE INVESTORS
The investors will be able to invest in any project that fits within their budget.
They will be able to trade their investment at any time for another project or redeem it for FIAT by selling it on the ReNFT marketplace.
They will benefit from the ability to invest in multiple projects and use basket-type financial instruments rather than investing in a single project with the money they have.
With the increase in the value of the ReNFTs they hold and the new ReNFTs they will buy later; investors will be able to buy a house in the short or medium term rather than the long term.
Investors will be able to make investments at any time, without having to deal with bureaucratic procedures such as notaries and will be able to transfer their investments to another person with the same ease.
ADVANTAGES FOR THE INDUSTRY
The projects for sale will be able to attract anyone with an investment budget from any segment of society, not just those who can afford to buy a house.
The real estate sector will be able to use the financial investment required to launch a project from a large investor base without incurring interest, expense, or collateral.
Real estate projects will be able to sell their assets while collecting project financing, and there will be no direct link between investment income from their project sales and the ReNFT sales.
As a result, regardless of how much ReNFT is sold, the real estate projects will be able to deliver all of the houses in its project to real title deed buyers.
Regardless of the country in which the project is carried out, it will be able to attract investors from all over the world without being hindered by bureaucratic obstacles.
What Stage are we at?Roadmap of Project
Our motivated team
Our Advisory Board
F.A.Q.
Does the ReNFT received replace the title deed?
No. Because the investor invests in the value of the title deed rather than the title deed itself. As a result, they are not subject to any title purchase legislation.
Can the investor sell the ReNFT to another person while the project is ongoing?
They can, of course. At any time, investors can list their ReNFTs for sale on the ReNFT marketplace.
What if the construction company does not repurchase the ReNFT or finish the project?
Every project that will be incorporated into the system must be guaranteed by an insurance company or a bank. In the worst-case scenario, insurance or a bank will pay for it.
Are these ReNFTs government guaranteed? Or are they protected by any law?
There is currently no legislation in place, either in Turkey or globally. The key here is to include reliable projects in this sector, where billions are traded daily, and to attract investors and offer them a security blanket.
Can any real estate company join this system?
No, it must adhere to GYODER’s standards and rules in order to enter this system. The ReNFT marketplace will be managed by GYODER.
What good will it do to the company if the real estate company buys back the ReNFT from the investor?
The real estate company announces the base price for each piece of the project at the end of the project. If the investor wishes to return their ReNFT above this base price, they may do so, or they may convert their investment into a title deed completing the outstanding balance with additional FIAT money.
What is the validity period of these ReNFTs?
ReNFTs are issued for new projects, and they expire at the end of the project. At the end of the project, the investor has the option of returning the ReNFT to the company, entering into an agreement with the company for moving on to another project, or obtaining a title deed from the project by utilizing the ReNFT’s value as a downpayment.
Does the real estate company have to buy back the ReNFT from the investor at the end of the project?
Yes, they must return it. Alternatively, they can offer the investor a new ReNFT from another project of theirs. First of all, in the ReNFT sale, a smart contract is signed between the investor and the real estate company. The real estate company agrees to take it back in this contract.
Can investors exchange their ReNFTs with other ReNFTs?
They certainly can. When the ReNFT marketplace opens, investors will be able to see other projects and their details, as well as exchange their ReNFTs.
Sale with square meters has been done before and hasn't received sufficient attention. Why is this method preferred?
The more difficult it is to join a system and the more bureaucratic transactions it contains, the more difficult it is to attract attention and use. This system, on the other hand, is a simple system that anyone can use via a mobile device and application, and the investor can see and act immediately based on the budget.
What if the investor does not return their ReNFT at the end of the project?
If the ReNFT is not returned within the specified time frame, it will be converted to FIAT currency and will remain in the investor’s ReNFT marketplace account.
What price does the real estate company have to buy back the ReNFT at the end of the project?
The real estate company continues to sell its project as usual. As a result, the ReNFTs it sells have no effect on the normal title deed sale. The real estate company receives project support from its investor and repays this support at the end of the project.
