Jointer platform offers Free Tokenization

Blockchain startup with decacorn potential

Jointer is a startup set on solving the biggest commercial real estate issues using blockchain technology. The startup is located in Silicon Valley, CA and Tel Aviv, Israel. Recently, their silenced bid of $1.5 billion on the Chrysler Building in New York City has been a cause of their name popping up in the news. Now, they have topped the massive offer by offering free tokenization through their new platform.

The Jointer team is led by industry veterans and includes a top-notch advisory board. The man with 18 years of IT experience and AI expert is Lior Gal, Judy Regev the big data-real estate legend with three successful exits and the former Trulian and blockchain marketing guru, Kyle White. Some of the reputed advisors of Jointer include Nobel Prize winners, the CFO of Yahoo, Vice chairman of NASDAQ, founder of VISA, ex Chief Economist of the United States, and the ex chairman of SEC.

What is Tokenization?

Tokenization is a process in which the owners are permitted to sell quarters of their assets or incomes to the investors on the blockchain. By selling the fractions of their assets, the owners receive capital collected from a small crowd as the tokens are defined as the security. However, the third party collection of tokens is very expensive. Thus, the owners fell unprotected to responsibility and high cost.

The high cost is a prime factor but the other factors include administrative risks and the change of exchange that makes the owners in hesitation. It can produce tokenized properties that the owners are desperate to sell with a device on the blockchain rather than the ones that would profit the investors with this technology.

Jointer plays quite a role here, by eliminating the obstacles thus providing owners with a complete solution. Owners are not responsible for any high cost operations that might end them up in jail. Jointer now permit the public to purchase tokens which means it is no more limited to a selected few. The owners now submit the properties they want to sell to the jointers with completely free tokenization process.

Jointer’s Tokenization Process:

1. Jointer identifies lucrative properties (at the moment we are focusing on multifamily w/ 100+ units) using an AI and deep underwriting approval process.
2. Jointer purchases some of the free equity from those properties but keeps the current sponsor in place.
3. At the same time, Jointer issues digital debt notes (via security tokens) to borrow funds from lenders
4. Lenders receive cross-collateral from all the income streams of all the properties (including the equities themselves) and Jointer as a company
5. At any time, lenders can redeem their token and liquidate the note.

How Jointer accomplishes free tokenization

Jointer tokenizes the entire real estate market rather than single properties to eliminate the current scalability barriers present in the industry. The company achieves limitless scalability through the issuance of debt tokens that follow the national commercial real estate performance that is backed by cross collateral. The return that is earned through the process is divided between the company and the investors, which is one of the ways the company earns profit. Jointer provides free tokenization for properties that meet a lucrative standard which is analyzed by licensed underwriters and AI technology.

The method to tokenize nowadays requires companies purchase each individual property before tokenization takes place. The method applied by Jointer is adaptable and scalable thus setting them up dicely for decacorn status.