Proptee is a property investment platform that utilizes blockchain technology to fractionalize real estate ownership into fungible tokens, allowing users to invest in rental properties starting from €1. This model enables investors to earn passive rental income weekly while providing liquidity through the ability to buy and sell property fractions instantly.
Funding
$100K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional real estate investment requires significant capital, making it inaccessible to many investors. Furthermore, the process of buying and selling property is often slow and illiquid, hindering quick access to funds.
Solution
Proptee offers a platform for fractional real estate investment, enabling users to purchase tokenized fractions of rental properties with investments starting from €1. By fractionalizing property ownership using blockchain technology, Proptee allows investors to earn passive rental income on a weekly basis, proportional to their holdings. The platform provides liquidity by allowing users to instantly buy and sell their property fractions, creating a dynamic and accessible real estate market. Proptee handles property management and rent collection, distributing rental income to fraction owners.
Target Audience
Proptee targets retail investors seeking to diversify their portfolios with real estate, particularly those with limited capital or those interested in liquid, fractionalized assets.
Features
- Fractional ownership of real estate represented by fungible tokens on a blockchain
- Low investment threshold, starting from €1
- Weekly distribution of rental income to token holders
- Instant buying and selling of property fractions via a built-in exchange
- Diversified portfolio options with properties in the USA, UK, and EU
- Commission-free trading up to €1,000 invested
- Support for cryptocurrency deposits (USDC, Polygon, and Ethereum)
- Secure offline (cold) storage of digital assets
- Registered and authorized virtual currency exchange and wallet operator service supervised by the Financial Crime Investigation Service in Lithuania