Whitepaper

Frequently Asked Questions    FAQ

 

What is Societas?

Societas is a crowdfunding platform built on the MELD blockchain. We provide opportunities for people worldwide to invest in real estate and startups. By using crypto and blockchain technology, we remove barriers faced by traditional crowdfunding platforms.

 

How does investing in real estate work?

Our team identifies promising properties and lists them on the platform. Investors can purchase NFTs representing shares of ownership. If enough NFTs sell to fully fund the purchase, we acquire the property. We handle operations like tenants and maintenance to generate rental income. This gets distributed to investors based on the NFTs they hold.

 

How does Societas make money?

We take a 1% commission on rental income from properties. 

 

What blockchain does Societas use?

Societas is built on the MELD blockchain leveraging features like low fees, tokenized assets, accessibility for global users, and more.

 

Can I sell my position in a property?

Yes, the NFTs representing your shares in a property can be sold on secondary NFT marketplaces, providing an avenue to exit your investment. The liquidity makes it easier to unlock gains.

 

Is there a minimum investment amount?

The minimum investment amount is 50 USD.