Lofty is a tokenized real estate marketplace where anyone in the world can co-invest in cash-flowing rental properties for only $50 to start earning rental income on day one, plus you can sell at anytime with no lock-up periods or minimums to sell.
To get a $25 bonus credit, create your free account via this Lofty $25 Referral Credit Link, purchase at least 1 real estate token in any available property for just $50, and hold your token for at least 90 days.
After you hold your real estate token for 90 days, you will receive a $25 free bonus credit, which you can use toward the purchase of an additional token in the Lofty marketplace.
Once you use your $25 bonus credit to purchase a token, you can sell it at anytime and withdraw all of your funds from Lofty with no penalties.
Create a free Lofty account to invest in tokenized real estate properties for only $50 and start earning rental income with no lock-up periods or minimums to sell at anytime.
Updated August 2, 2022 – New Internal Lofty Wallet Available for Easier Sign-Up Process: The new Lofty Wallet is an Algorand-based wallet that is automatically created on your behalf when you open your Lofty account, and you completely own and control your Lofty Wallet (your keys, your wallet). With the Lofty Wallet, which is fully integrated with your Lofty account, they have now eliminated the need for an external crypto wallet to invest on Lofty. This makes it extremely easy for any non-crypto users to get started investing in real estate on Lofty.
About Investing in Lofty Tokenized Real Estate Marketplace
When you invest in tokenized real estate on the Lofty marketplace, all of the properties have a property manager in place, and the entire process is handled on your behalf, so you can just sit back and collect your rental income.
In order to receive your purchased tokens of real estate, you will need an Algorand wallet, so that the assets can be delivered to you.
As of August 2, 2022, Lofty has now introduced their internal Lofty Wallet, which eliminates the need for an external crypto wallet to invest on Lofty, so that makes it even easier to invest in real estate on the Lofty platform.
The new Lofty Wallet is an Algorand-based wallet that is automatically created on your behalf and tied to your Lofty account, and you completely own and control your Lofty Wallet (your keys, your wallet).
If you prefer to use an external wallet, you can easily open a free Algorand wallet using the Pera Wallet or Wallet.MyAlgo.com, and once you connect your wallet with Lofty, the whole token transfer process is fully automated between your wallet and your Lofty account.
However, there is no longer a need to connect an external wallet with Lofty, as anyone can now invest in real estate on Lofty using the fully-integrated Lofty Wallet, which is automatically created when you open your Lofty account.
By using the Algorand blockchain, Lofty is able to manage the accounting of the fractional ownership of the properties on its platform, and it gives people anywhere in the world access to the Lofty marketplace, regardless of whether or not you have access to a traditional banking platform.
Check out Lofty to purchase tokenized real estate for as little as $50 to invest in cash-flowing rental properties and earn daily income.
Lofty $25 Free Credit Bonus for New Users
1. Visit this Lofty $25 Referral Bonus Link to create your free account (you must join via the referral link).
2. Complete the Lofty registration process by verifying your identity, and a Lofty Wallet will automatically be created on your behalf in order to hold your Lofty tokens.
3. Then, you must buy at least 1 token for $50 in the Lofty real estate marketplace from any available properties (there are plenty to choose from at the moment).
4. You must hold all of the tokens that you purchase from your first investment with Lofty for at least 90 days to qualify, starting on the date of the investment.
5. Once you hold the token(s) for 90 days, Lofty will give you a $25 Lofty credit, which you can use toward the purchase of an additional token in the Lofty marketplace.
6. After you use your $25 bonus credit toward the purchase of an additional token in the Lofty marketplace, you can immediately sell any tokens that you own if you like (or hold them to continue earning daily rental income).
7. Your Lofty tokens can be sold for around $50 per token at anytime. Token value is based on the full market value of the property at the time of sale, and may be more or less than $50. You can withdraw the funds from your token sale whenever you please (selling tokens back to Lofty requires a simple email or chat with their support).
Please note that you may have to wait for the property to complete the full sale process before your tokens can be sold and the money refunded to you, but Lofty is working on a secondary market where you will be able to sell tokens directly between buyers and sellers, which is scheduled to be available soon.
How Lofty Tokenized Real Estate Marketplace Works
Within the Lofty marketplace, there are buyers who hold tokens and sellers who sell their properties.
When a seller submits their property to be sold on the Lofty marketplace, the property is vetted based on occupancy status, condition, location, rental history, and other factors.
Once a property is approved, it is put under contract by a newly formed LLC, and the LLC is then tokenized into individual $50 tokens on the Algorand blockchain.
After a professional property inspection company inspects the property and provides a report, any needed repairs will be made by the seller before closing or a credit will be provided to the LLC.
Then the property is listed on the Lofty marketplace, and once the property is fully funded, the LLC will close on the property with the Title Company, and the deed will be transferred to the new LLC.
Buyers can purchase property tokens using cryptocurrency (ALGO, USDCa, and STBL with more cryptos coming soon), credit/debit card, bank transfer, or wire transfer.
If you want to sell your tokens, you can do so at anytime with no fees or penalties, as you can liquidate your tokens to your original purchase method directly through Lofty (a secondary market exchange to buy/sell tokens with other investors is coming soon).
As an owner, you will receive rental income every single day at around Midnight UTC, and you can withdraw your rental income to your bank account, PayPal, ALGO, or USDCa.
Through Lofty, you can invest in real estate for just $50 and be a co-owner of cash-flowing rental properties with no lock-up periods or minimums to sell.
Lofty “Give $25, Get $25” Referral Program Bonuses
Once you’ve joined the Lofty marketplace, you can participate in the Lofty Referral Program to earn extra token rewards for referring your friends to invest with Lofty.
- Refer a friend and get a $25 Lofty gift certificate when they invest in their first property and hold all tokens purchased for 90 days.
- Refer 5 Bonus: Get an extra $50 Lofty gift certificate when you refer 5 friends who invest in their first property and hold all tokens purchased for 90 days.
- Refer 10 Bonus: Get an extra $100 Lofty gift certificate and VIP status when you refer 10 friends who invest in their first property and hold all tokens purchased for 90 days.
- Refer 25 Bonus: Get an extra $250 Lofty gift certificate and VIP status when you refer 25 friends who invest in their first property and hold all tokens purchased for 90 days.
- Refer 100 Bonus: Get an extra $1,000 Lofty gift certificate and VIP status when you refer 100 friends who invest in their first property and hold all tokens purchased for 90 days.
You can access your unique Lofty referral link directly in your online account to share with your friends however you like.
Check out the Lofty tokenized real estate marketplace to buy tokens in cash-flowing rental properties starting at just $50, and sell your tokens at anytime and for any reason with no lock-up periods or minimums to sell.